Supply Chain Procurement

Introduction:

This training program is designed to equip participants with comprehensive knowledge and practical skills in procurement within the context of supply chain management. It empowers the participants' understanding of procurement strategies, processes, and best practices to optimize efficiency and effectiveness in the supply chain.

Program Objectives:

At the end of this program, participants will be able to:

• Understand the role of procurement in supply chain management comprehensively.

• Develop and implement procurement strategies effectively through practical skills.

• Explore best practices and emerging trends in procurement and supply chain management.

• Manage supplier relationships and negotiate effectively, enhancing participants' abilities.

• Address challenges and opportunities in global procurement environments confidently.

Targeted Audience:

• Supply Chain Managers.

• Procurement Managers.

• Logistics Managers.

• Purchasing Officers.

• Inventory Managers.

• Supply Chain Analysts.

Program Outline:

Unit 1:

Introduction to Supply Chain Procurement:

• Overview of supply chain management.

• Introduction to procurement.

• Key concepts and terminology in procurement.

• The strategic role of procurement in supply chain management.

• Case studies and examples.

Unit 2:

Procurement Strategies and Processes:

• Developing procurement strategies.

• Strategic sourcing and supplier selection.

• Contract management and negotiation techniques.

• Supplier relationship management.

• Performance measurement and continuous improvement in procurement.

Unit 3:

Procurement in Global Supply Chains:

• Understanding the global procurement landscape.

• Cultural considerations in global procurement.

• Managing risks in global procurement.

• Legal and regulatory aspects of international procurement.

• Ethical considerations in global supply chains.

Unit 4:

Technology and Innovation in Procurement:

• Role of technology in modern procurement.

• Procurement automation and digitization.

• Blockchain and its applications in procurement.

• Innovation in supplier management.

• Case studies on leveraging technology for procurement optimization.

Unit 5:

Sustainability and Future Trends in Procurement:

• Sustainable procurement practices.

• Environmental and social responsibility in procurement.

• Circular economy principles in supply chain procurement.

• Emerging trends and future outlook in procurement.

• Developing a roadmap for sustainable and innovative procurement practices.