Procurement Strategy Development

The aim of this course is to enable participants to develop and implement category based procurement strategies, hereby: Clearly understand corporate procurement strategy development options. Manage tools and methods to implement strategies in business units.

Suitability who should attend?

This course is designed for procurement practitioners and managers at all levels. The course will particularly benefit those who wish to take a more proactive and strategic approach to their procurement activities by developing and implementing an integrated corporate procurement strategy.

At the end of the course delegates should be able to :

  • Describe the issues to be considered when developing a procurement strategy for a business unit
  • Articulate the objectives of a procurement activity for a business unit
  • Conduct procurement spend analysis, supply risk assessments, demand and supply market analysis
  • Model and implement strategies for significant procurement
  • Implement strategies for routine, volume, critical and strategic categories
  • Align systems, capabilities, and administrative processes with strategic objectives

Training Course Content:

  • The principles of procurement strategy development
  • Understanding the procurement portfolio
  • Procurement profiling and spend analysis
  • Supply positioning and supply risk analysis
  • Understanding the organisation’s market impact
  • Demand and supply market analysis
  • Developing corporate procurement objectives
  • Implementation of significant procurement strategies
  • Managing procurement systems, capabilities and administrative processes
  • How to manage stakeholders and suppliers
  • How Long Term Supply agreements can support category based strategies
  • Procurement scheduling and planning
  • Measurement of results and outcomes

9th - 20th February 2015 / 8th - 19th February 2016: London
29th June - 10th July 2015 / 27th June - 8th July 2016: London
28th September - 9th October 2015 / 26th - September - 7th October 2016:  Boston - USA

Two weeks training: £3,850
One week course: £2,200