Reducing Costs through better Procurement and Supply Chain Management

Introduction

A changing economic environment requires a change in focus for procurement activities.  This interactive 2-day training course will highlight the reduced costs and added value that can be delivered with an appropriate focus on procurement and supply chain management.

This Reducing Costs through better Procurement and Supply Chain Management training course will emphasize how to analyse the existing requirements and spend profile, in order to identify opportunities for short and long term savings and improvements in added value.  The course will then help delegates to plan to deliver those changes without compromising quality or supplier relationships.

This GLOMACS training course will feature:

• Discussions on the changing role of procurement and supply chain
• Maximising value for money
• Examining cost drivers
• Improving profitability by controlling total costs
• Understanding and managing supplier pricing models

Objectives

By the end of this Reducing Costs through better Procurement and Supply Chain Management training course, participants will be able to:

• Appreciate spend data for decision making
• Analyse supplier pricing and cost strategies
• Identify opportunities for cost saving
• Understand how to manage suppliers to achieve mutual cost savings
• Develop and implement a cost reduction strategy

Training Methodology

This Reducing Costs through better Procurement and Supply Chain Management training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This will include presentations, exercises, videos and work sheets. The daily workshops will be highly interactive and participative. Delegates are strongly encouraged to bring examples from their own work place for discussion - this adds greater relevancy to the content.