Strategic Purchasing Management
Overview
Suppliers play a key role in business today and will do so even more in the future. Firm partnerships with key suppliers are a major lever for agility, reducing real costs and working capital – critical success factors in today’s challenging environment.
What is this workshop about?
Collaborative planning is at the heart of developing excellent supplier relationships and mutual business gains. This workshop focuses on the application and implementation of strategic purchasing, to reveal what it takes to achieve best practice procurement and to receive the maximum value from your supplier base. It explains the principles of make/buy decisions and shows how sourcing strategies are defined and implemented for different purchasing groups, ensuring integration with the organisation’s overall supply strategy. The workshop also covers the key topics of total cost of ownership (TCO) and its role in assessing and selecting suppliers; supplier planning in an ERP environment, and managing and developing supplier relationships (SRM).
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