Procurement and Supplier Management

Overview
This training program is designed to provide participants with a comprehensive understanding of procurement and supplier management. The course covers essential concepts, strategies, and best practices for managing procurement processes and supplier relationships. Participants will learn how to optimize procurement activities, select and evaluate suppliers, and develop effective supplier management strategies.
Course Objectives
• Understand the fundamentals of procurement and supplier management.
• Learn about the procurement process and strategic sourcing.
• Develop skills for effective supplier selection and evaluation.
• Gain insights into contract management and negotiation techniques.
• Explore strategies for managing and improving supplier relationships.
Target Audience
• Procurement managers and professionals.
• Supply chain and purchasing managers.
• Operations and logistics professionals.
• Business professionals involved in procurement activities.
• Students and recent graduates interested in procurement and supplier management.
Course Content
Fundamentals and Procurement Process
• Registration and Introduction
• Introduction to Procurement and Supplier Management
• The Procurement Process
• Strategic Sourcing and Category Management
• Supplier Selection and Evaluation
• Practical Exercise and Q&A
• Closing Remarks and Feedback
Supplier Relationship Management and Performance
• Supplier Relationship Management (SRM)
• PM: Supplier Performance Management
• Risk Management in Procurement.
• Sustainable and Ethical Procurement
• Technology and Innovation in Procurement
• Practical Exercise and Q&A
Closing Remarks and Feedback