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 Effective Global Procurement 24 Feb Trabzon Turkey QR Code
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Procurement and Supply Chain Management

Effective Global Procurement


REF : L277 DATES: 24 Feb - 7 Mar 2025 VENUE: Trabzon (Turkey) FEE : 8775 

Overview:

Introduction:

This training program is designed to equip procurement professionals with the knowledge and skills necessary to excel in global procurement. It empowers them to drive procurement excellence in a global context and achieve optimal outcomes for their organizations.

Program Objectives:

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

  • Understand the fundamentals of global procurement and supply chain management.

  • Develop and implement effective international procurement strategies.

  • Employ robust supplier selection and evaluation methodologies.

  • Manage risks and compliance issues in global procurement.

  • Conduct successful international negotiations.

  • Leverage technology to enhance global procurement processes.

Targeted Audience:

  • Global procurement managers and officers.

  • International purchasing professionals.

  • Supply chain managers.

  • Contract managers.

  • Anyone involved in global procurement and supply chain management.

Program Outline:

Unit 1:

Fundamentals of Global Procurement:

  • Introduction to global procurement principles and processes.

  • Understanding the global procurement lifecycle.

  • Legal and ethical considerations in international procurement.

  • Global procurement strategies and best practices.

  • Case studies on successful global procurement initiatives.

Unit 2:

International Procurement Strategies:

  • Developing effective global procurement strategies.

  • Strategic sourcing in an international context.

  • Aligning global procurement with organizational goals.

  • Cost management and value creation in global procurement.

  • Implementing global procurement policies and procedures.

Unit 3:

Global Supplier Selection and Evaluation:

  • Criteria for selecting international suppliers.

  • RFP (Request for Proposal) and RFQ (Request for Quotation) processes.

  • Conducting supplier audits and assessments.

  • Managing supplier performance and relationships.

  • Building long-term strategic partnerships with global suppliers.

Unit 4:

Risk Management in Global Procurement:

  • Identifying risks in international procurement.

  • Developing risk mitigation strategies and contingency plans.

  • Ensuring compliance with international trade regulations.

  • Managing geopolitical and economic risks.

  • Case studies on global procurement risk management.

Unit 5:

Advanced Negotiation Techniques:

  • Principles of international negotiation.

  • Preparation strategies for global negotiations.

  • Tactics and techniques for effective international negotiation.

  • Overcoming cultural differences and communication barriers.

  • Negotiation simulation exercises and role-playing scenarios.

Unit 6:

Leveraging Technology in Global Procurement:

  • Introduction to e-procurement tools and technologies.

  • Implementing global procurement software solutions.

  • Using data analytics to drive procurement decisions.

  • Enhancing transparency and efficiency through technology.

  • Case studies on successful technology implementations.

Unit 7:

Sustainable and Ethical Global Procurement:

  • Understanding sustainability in global procurement.

  • Implementing sustainable procurement practices.

  • Ethical considerations and corporate social responsibility.

  • Measuring and reporting on sustainability performance.

  • Building a sustainable procurement strategy.

Unit 8:

Logistics and Supply Chain Management:

  • Fundamentals of global logistics and supply chain management.

  • Managing international transportation and logistics.

  • Warehouse and inventory management in a global context.

  • Ensuring supply chain continuity and resilience.

  • Case studies on global supply chain management.

Unit 9:

Financial Management in Global Procurement:

  • Budgeting and financial planning for global procurement.

  • Cost analysis and reduction strategies.

  • Managing foreign exchange and currency risks.

  • Financial performance measurement and reporting.

  • Case studies on financial management in procurement.

Unit 10:

Global Procurement Leadership and Innovation:

  • Leadership skills for global procurement professionals.

  • Driving innovation in global procurement processes.

  • Change management and organizational transformation.

  • Developing a global procurement team.

  • Best practices for continuous improvement.