Logistics & Supply Chain Management: Strategic Cost and Value Management in Procurement

Introduction

This GLOMACS Strategic Logistics, Procurement & Supply Chain Value Management training course is designed to equip professionals with the critical tools, strategies, and insights needed to excel in modern supply chain and procurement functions. As organisations face mounting pressure to improve cost-efficiency and value delivery, this training course addresses the intersection of logistics operations and strategic cost management, enabling participants to transform supply chain performance.

This GLOMACS training course provides an integrated approach by combining operational logistics with strategic procurement and cost/value management. Participants will explore the latest practices in supply chain optimisation, transportation planning, supplier relationship management, total cost of ownership, and performance-based procurement. Through expert facilitation and practical frameworks, this course ensures participants return to their organisations ready to create measurable impact.

This training course will highlight:

• Mastering logistics and supply chain fundamentals• Applying strategic procurement and sourcing frameworks• Managing supply chain costs and creating long-term value• Leveraging performance metrics for continuous improvement• Mitigating supply chain and procurement-related risks

Objectives

At the end of this training course, you will learn to:

• Understand logistics and supply chain frameworks
• Analyse cost drivers and optimise value delivery
• Apply strategic sourcing and category management
• Develop supplier evaluation and contract strategies
• Implement KPIs for procurement and logistics performance

Training Methodology

This training course employs a blend of interactive lectures, group discussions, real-world case studies, and scenario-based exercises. Participants will be engaged through facilitated learning and hands-on problem-solving to enhance comprehension and application of key concepts.

Organisational Impact

The Organisation will have the following benefits:

• Enhanced supply chain cost-efficiency
• Improved procurement and logistics alignment
• Reduced risk and better contract compliance
• Increased return on supply chain investments
• Strategic sourcing capabilities in-house
• Optimised supplier performance and collaboration

Personal Impact

At the end of this training course, the participants will gain the following:

• Strategic understanding of logistics and procurement
• Tools to manage suppliers and stakeholders effectively
• Ability to assess and control procurement costs
• Skills in contract negotiation and vendor evaluation
• Enhanced risk management capabilities
• Greater confidence in supply chain decision-making