Procurement Cycle(A-Z) + Sourcing Strategies & Negotiations
A-Z of Procurement Cycle, Commercial Negotiation , Supplier relationship management, Sourcing Strategy, Risk Management,
Ratings 0.00 / 5.00
What You Will Learn!
- Stages of a Procurement Cycle A-Z
- Learn Various Sourcing Strategies
- Understanding Roles and Responsibilities of a Procurement professionals
- Best practices to effectively manage various stages of procurement Cycle
- Learn Risk Factors and mitigation techniques in Stages of Procurement
- Understand in detail about Commercial negotiations
- Best Practices to conduct a commercial negotiation
- How to effectively manage supplier relationships
- Learning Step by Step Guide in Conducting Commercial negotiation
- How to get best Value of the money spend
- Learn to estimate total cost of acquisition of a goods or service
Description
This Course gives comprehensive ways of managing the complete Procurement Cycle starting from Demand (Purchase Request) up to end of life of the goods or service purchased including disposal. The course covers all the purchasing activities like pre-purchase activities & post purchase activities, how to successfully conduct a commercial negotiation which is an integral part of a procurement function., how to get best value for money rather than focusing only on cost, how to identify and mitigate various risk factors in various stages of procurement cycle and all such similar topic. The course has covered almost all best practices which applies in major profit and non profit organizations. The methodology is discussed in a very simple language with practical examples to help students from any field to understand the course. The course is 100 % based on practical knowledge of the instructor and whatever taught in this course is practical ways in which the procurement function is carried out in various organizations by various procurement workers like Buyers, Procurement executives, procurement manager etc. The Course also has separate section to discuss real life case studies to understand each topics. This case studies help to corelate theoretical knowledge to practical workspace. The Instructor of this course has 10 years of rich procurement experience in various industries with comprehensive experience in procurements of Spare parts, Machineries, Fixed asset, Servicing, Raw Materials Consumables, commodity etc. For the course to be more rich in knowledge for the students and make it more practical, the instructor has also included multiple case studies at end of the course.
Who Should Attend!
- Any procurement professional who wish to learn more about best procurement practice
- Anyone who wish to pursue their career in procurement
- Lecturers in business schools who wish to impart practical knowledge to their business students
- Working Professional from any Field and any organization
- Business owners who want to understand elements of supply chain
- Students from Business or other fields who wish to learn about Supply chain elements