Procurement Management

Overview
Course Outline
Scheduled Dates

Course Overview

Procurement ensures cost efficiency, supplier relationship management, and seamless supply chain operations. This course provides participants with practical skills and knowledge to manage procurement processes, evaluate suppliers, optimise purchasing strategies, and enhance cost efficiency.

Through interactive discussions, real-world case studies, and practical exercises, participants will learn how to apply procurement procedures, develop supplier communication strategies, manage costs, and make strategic procurement decisions that align with business objectives.

Objective:

By the end of this course, participants will be able to:

Apply basic procurement procedures to complete purchase operations effectively.
Communicate with suppliers efficiently to ensure timely delivery and quality service.
Develop purchasing strategies to obtain the best value from suppliers.
Make informed decisions to identify and select the best suppliers for business needs.
Solve daily procurement challenges with effective problem-solving techniques.
Develop long-term procurement strategies aligned with organisational objectives.
Manage and analyse procurement costs to improve efficiency and reduce waste.
Make strategic decisions to enhance the procurement system and ensure continuous improvement.

Course Outline

Day 1: Procurement Fundamentals and Procedures

Introduction to procurement management and its role in business success
Procurement lifecycle: Key steps in the purchasing process
Procurement policies, procedures, and legal considerations

Day 2: Supplier Communication and Relationship Management

Understanding supplier evaluation criteria
Effective supplier communication strategies
Negotiating contracts and ensuring compliance
Practical Exercise: Managing supplier communication in a real-world scenario

Day 3: Developing Effective Purchasing Strategies

Creating cost-effective purchasing strategies
Identifying key value drivers in procurement
Managing procurement risks and disruptions

Day 4: Cost Analysis and Procurement Decision-Making

Managing and analysing procurement costs
Evaluating suppliers based on quality, cost, and reliability
Implementing data-driven decision-making in procurement
Case Study: Examining a company's procurement cost reduction strategy

Day 5: Procurement Strategy and Continuous Improvement

Developing long-term procurement strategies aligned with company objectives
Implementing procurement technology and automation
Measuring procurement performance using Key Performance Indicators (KPIs)
Course review

Schedule & Fees

3 For 2Offer

Get the most out of group training with our special discount! Register 3 of your participants together on the same course and only pay for 2.

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Location

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London

$5,300

Duration: 5 Days

date: 28 Apr - 02 May 2025

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Istanbul

$5,300

Duration: 5 Days

date: 30 Jun - 04 Jul 2025

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Dubai

$5,300

Duration: 5 Days

date: 18 - 22 Aug 2025

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London

$5,300

Duration: 5 Days

date: 22 - 26 Sep 2025

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Barcelona

$5,300

Duration: 5 Days

date: 27 - 31 Oct 2025

New

London

$5,300

Duration: 5 Days

date: 15 - 19 Dec 2025

Procurement & Supply Chain Management

Procurement Management

Rating: 5/5

Duration:5 Days

date:22 - 26 Sep 2025

London

$5,300

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CPD Standards

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