course-premium

Advanced Procurement and Managing Suppliers

London Corporate Training
4.6
9 reviews
  • Everything was awesome. No complaints.
    ← | →
  • I am very satisfied with my choice to attend this course. Well done LCT!
    ← | →
  • Very friendly staff; very good trainer; easy find the venue; Excellent trainer.
    ← | →

Short course

In London

£ 4,500 + VAT

Learn appropriate evaluation methods and criteria to select suppliers!

  • Type

    Short course

  • Level

    Advanced

  • Location

    London

Are you thinking about studying Advanced Procurement and Managing Suppliers?

Emagister has the perfect course for you! Thanks to this programme you will learn how to set up and manage a procurement activity and how to select suppliers using appropriate evaluation methods and criteria.

The Advanced Procurement and Managing Suppliers course helps you understand how to measure supplier performance and identify ways to increase procurement effectiveness and efficiency. At the same time, you will see how to develop a strategic sourcing strategy in order to achieve tangible results!

This course will teach you how to implement the strategic sourcing strategy to maximise total cost savings, how to assess and prioritise opportunities for savings and review critical supply strategies.

Contact emagister.co.uk for further information about this amazing opportunity!

Facilities

Location

Start date

London
See map
3 Shortlands, Hammersmith, London, W6 8DA

Start date

MayEnrolment now open
SeptemberEnrolment now open

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Reviews

4.6
excellent
  • Everything was awesome. No complaints.
    ← | →
  • I am very satisfied with my choice to attend this course. Well done LCT!
    ← | →
  • Very friendly staff; very good trainer; easy find the venue; Excellent trainer.
    ← | →
100%
4.7
excellent

Course rating

Recommended

Centre rating

Tapiwa Mokobi

4.5
22/11/2016
What I would highlight: Everything was awesome. No complaints.
What could be improved: .
Would you recommend this course?: Yes

Valeriia Parfenyuk

4.5
23/10/2016
What I would highlight: I am very satisfied with my choice to attend this course. Well done LCT!
What could be improved: .
Would you recommend this course?: Yes

Mahir Ismail

4.5
05/09/2016
What I would highlight: Very friendly staff; very good trainer; easy find the venue; Excellent trainer.
Would you recommend this course?: Yes

Edith Nyenze

4.5
05/09/2016
What I would highlight: Lecturers are very enthusiastic towards what they are teaching and most are usually willing to help you when asked. Excellent - keep it up!
Would you recommend this course?: Yes

Ikponmwosa AFR

4.5
05/09/2016
What I would highlight: I have gained a lot from this training and feel a sense of renewed confidence as I look to apply the knowledge gained from this training in my place of work. It's been two weeks well spent.
Would you recommend this course?: Yes

Fadi Boufarhat

4.5
05/09/2016
What I would highlight: Overall a good course, which satisfied my needs and expectations
Would you recommend this course?: Yes

Antonio Ranieri

4.5
15/08/2016
What I would highlight: The course content is excellent! I loved it. Thank you!
Would you recommend this course?: Yes

Innocent Asamel

4.5
06/06/2016
What I would highlight: I found the presentation. He made the procurement process very simple to my understanding.
Would you recommend this course?: Yes

Avan Sardary

5.0
31/10/2011
What I would highlight: I enjoyed the course very much and learned a lot of experience and skills. The instructor was exceptionally experienced and knowledgeable of all aspects of the subject. The coordinators were very helpful and supporting all the time.
What could be improved: Nothing.
Would you recommend this course?: Yes
*All reviews collected by Emagister & iAgora have been verified

This centre's achievements

2017

All courses are up to date

The average rating is higher than 3.7

More than 50 reviews in the last 12 months

This centre has featured on Emagister for 15 years

Subjects

  • IT risk
  • Risk
  • Supply
  • Savings
  • Managing Suppliers
  • Operations Management
  • Supply Strategies
  • Purchasing Activities
  • Business Strategic
  • Relationship Management
  • Buyer
  • SRM Strategy
  • Monitoring
  • Risk Management
  • Strategic Cost Management
  • Strategic Suppliers
  • Management Staff
  • Management risk
  • Savings and Investment
  • Procurement Process

Course programme

The Principles of Procurement

·Definition of procurement vs purchasing activities

·Defining the goals of procurement

·The role of procurement

·Supporting the business strategic objectives

·Formulating the procurement strategy

The Procurement Process

·Key roles and responsibilities

·Forming commodity teams

·Planning the procurement activities

·Development of the procurement policy

·Developing the supplier selection process

Compiling the Approved Supplier List

·Determination of the most appropriate suppliers

·Methods and techniques of inviting potential suppliers

·Developing the supplier questionnaire

·Supplier segmentation and grading Tier 1, 2 and 3 suppliers

·Developing supplier performance metrics

Supplier Relationship Management (SRM)

·Introduction to the principles of SRM

·The importance of the buyer/supplier relationship

·Developing the SRM strategy

·Collaboration and joint working

·Motivating suppliers and continuous improvement

Monitoring and Managing Supplier Contracts

·Managing the contract and setting expectations

·The importance of setting proper baselines

·Conducting supplier appraisals based on performance measures and metrics

·Dealing with underperforming suppliers

·Dealing with breaches and disputes

Definition and development of a sourcing strategy

·Understanding the concept of strategic sourcing

·Differences between sourcing and strategic sourcing

·The seven stages of a competitive sourcing strategy

·The value and benefits of strategic sourcing

·Performing a strategic sourcing gap analysis

The Strategic Sourcing Process

·Working to the seven phases

·Generate the supplier portfolio

·Determine the implementation path

·Selection of strategic suppliers

·Integration of the strategic suppliers

Strategic Cost Management

·Principle of cost management in procurement

·Whole life costing

·Total cost of ownership

·Target costing and analysing prices

·Should cost analysis

Identifying and managing risks

·Determination of the risk involved in the global supply chain

·Practical risk identification and assessment

·Proactive risk management

·Effective risk migration strategies

·Dealing with challenging situations in the supply chain

See related categories

Advanced Procurement and Managing Suppliers

£ 4,500 + VAT