Mini MBA For Procurement Professional

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Course Schedule

We currently have no scheduled session for this Course. If you are interested in running this course, please contact our Training Department at [email protected]

Course Outline

DAY 1

Procurement Leadership and Strategic Vision

- Perceptions and distinctions between management and leadership
- Transformational leadership's role and challenges in procurement
- Strategic thinking in leadership for procurement organizations
- Strategic implementation planning and interpretation of environmental forces
- Converting strategy into actionable procurement initiatives

DAY 2

Procurement Strategy Development

- Procurement's role in the supply chain and its dynamic nature
- Setting procurement goals and developing strategic plans
- Make/Buy decisions and considerations
- Vertical integration, alliances, partnerships, and inter-company trade
- Supplier strategies, coordination, and purchasing organization structuring

DAY 3

Tactical Implementation and Financial Insight

- Supplier involvement, value analysis, and quality assurance
- Supplier selection, rating, ranking, and effective contract management
- Policies, procedures, staffing, and IT systems in procurement
- Costing along the value chain and their impact on performance measurement

DAY 4

Global Procurement Strategies and Operations

- Defining procurement excellence and strategic sourcing strategies
- Tactical vs. strategic sourcing approaches and their implementation
- Leveraging international supply chains for competitive advantage
- Payment processes and reducing procurement costs via small value purchase orders

DAY 5

Supplier Relationship Management and Performance Analysis

- Implications on supplier selection and fostering vendor partnerships
- Supplier relationship management, service level agreements, and performance metrics
- Contingency situations, management, and procurement performance measurement including spend analysis and total cost of ownership evaluation

Certificates

On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance

Providers and Associations

Endorsed Education Provider

GLOMACS is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org

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