course-premium

Procurement and Managing Suppliers – Level 2

London Corporate Training
4.6
7 reviews
  • Instructors were excellent and appreciated the constant referral back to, not only the course objectives but the personal objectives we as students had. The Tuesday Networking Lunch was also a highlight. The Customer Service was excellent with everybody
    ← | →
  • Thank you so much for everything.
    ← | →
  • All your consultants are wonderful. They really know what they are teaching. LCT is an excellent organisation. They are ready to assist you in anything you present to them.
    ← | →

Short course

In London

£ 2,850 + VAT

Learn to refine competitive tendering, risk management and supplier selection procedures!

  • Type

    Short course

  • Level

    Intermediate

  • Location

    London

Learn to refine competitive tendering, risk management and supplier selection procedures to get 'best value' with this Procurement and Managing Suppliers Course (Level 2) imparted by London Corporate Training.

This course is targeted to purchasing executives, senior managers, and professional staff from supply chain management, logistics and inventory planning and control. It will be also useful to those who are involved in the planning, evaluation, preparation and management of purchasing, tenders, contracts that cover the acquisition of materials, equipment, and services.

Thanks to its content, participants will be able set up and manage procurement activity, select suppliers using appropriate evaluation methods and criteria, and develop a strategy for sourcing that achieves tangible benefits.

Measuring supplier performance, reviewing critical supply strategies, implementing the strategic sourcing strategy to maximise total cost savings, and assessing and prioritise opportunities for savings are part of the summary too.

Don’t miss this chance and be part of this training. If you are interested on participating, ask for further information to the centre through emagister.co.uk. We will reply as soon as it is possible.

Facilities

Location

Start date

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

Start date

MayEnrolment now open
SeptemberEnrolment now open
JanuaryEnrolment now open

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Reviews

4.6
excellent
  • Instructors were excellent and appreciated the constant referral back to, not only the course objectives but the personal objectives we as students had. The Tuesday Networking Lunch was also a highlight. The Customer Service was excellent with everybody
    ← | →
  • Thank you so much for everything.
    ← | →
  • All your consultants are wonderful. They really know what they are teaching. LCT is an excellent organisation. They are ready to assist you in anything you present to them.
    ← | →
100%
4.7
excellent

Course rating

Recommended

Centre rating

Anastasia Bizikina

5.0
03/02/2017
What I would highlight: Instructors were excellent and appreciated the constant referral back to, not only the course objectives but the personal objectives we as students had. The Tuesday Networking Lunch was also a highlight. The Customer Service was excellent with everybody
What could be improved: .
Would you recommend this course?: Yes

Thamer Alahmr

4.5
23/11/2016
What I would highlight: Thank you so much for everything.
What could be improved: .
Would you recommend this course?: Yes

Victoria Amoah

4.5
24/10/2016
What I would highlight: All your consultants are wonderful. They really know what they are teaching. LCT is an excellent organisation. They are ready to assist you in anything you present to them.
What could be improved: .
Would you recommend this course?: Yes

Qussai

4.0
15/09/2016
What I would highlight: Excellent customer services. Experienced trainers
What could be improved: All good
Would you recommend this course?: Yes

Maisaa Hammoush

5.0
07/11/2011
What I would highlight: Overall it was an excellent course, very informative, very well organised with excellent presentations. The training was worth every penny.
What could be improved: .
Would you recommend this course?: Yes

Paul Simpson

4.5
26/09/2011
What I would highlight: The one-to-one training was very beneficial. I think I have gained more from the training than if it were a normal class.
What could be improved: Nothing.
Would you recommend this course?: Yes

Romanus Kalik Aligwe

5.0
11/07/2011
What I would highlight: The rooms were comfortable allowing for full participation and interaction. Moreover, every participant received full attention from the trainer. I highly enjoyed my time with LCT. In a word: perfect.
What could be improved: .
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

  • Procurement
  • Suppler Relationship Management
  • Risk
  • Savings
  • Supply
  • IT risk
  • Procurement Process
  • Process management
  • Procurement Management
  • Supplies

Course programme

Overview of the Procurement Cycle

·The principles of procurement

·The procurement process

·Compiling the Approved Supplier List

·Supplier Relationship Management (SRM)

·Monitoring and Managing Supplier Contracts

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

Procurement and Managing Suppliers – Level 2

£ 2,850 + VAT