The Best Professional Conferences, Workshops and Seminars


Strategic Purchasing & Supply Management Workshop

Introduction:

In today's competitive landscape, understanding the strategic role of strategic purchasing and supply management is pivotal for organizational success. Purchasing decisions and processes are central to a company's overall strategy.

The strategic purchasing and supply management workshop provides insights into modern procurement practices and advanced techniques in supply chain management. Developing and implementing carefully crafted strategies for acquiring goods, parts, equipment, and services has become critical in organizations wishing to reduce operating costs while improving quality and productivity.

This strategic purchasing and supply management workshop focuses on strategic purchasing and supply chain management. It explores key concepts of strategic cost/price analysis, value analysis, and total cost of ownership (TCO). Participants will learn the strategic role of purchasing in supply chain management and how to achieve world-class performance.

In this strategic purchasing and supply management program, participants will be awarded a purchasing and supply chain management certificate, signaling their expertise in strategic purchasing management and preparing them for advanced roles within their organizations.

Targeted Groups:

  • Senior procurement managers.
  • Supply chain directors.
  • Operations managers.
  • Strategic planning executives.
  • Logistics managers.
  • Sourcing professionals.
  • Individuals interested in pursuing careers in strategic purchasing and supply chain management.

Workshop Objectives:

At the end of this strategic purchasing and supply management workshop, participants will be able to:

  • Explore the elements of cost in the supplier's price.
  • Understand the differences in international labor rates.
  • Develop a purchasing coding system.
  • Learn how volumes should impact price.
  • Discover supplier's different pricing models.
  • Explore issues of supplier/contractor overhead expenses.
  • Experience the development of a purchase price index.
  • Obtain supplier's price breakdowns.
  • Learn how to get more time to work on strategic issues.
  • Develop skills in negotiation planning and strategies.
  • Understand methods of price and cost analysis.
  • Apply concepts of value analysis.
  • Understand the development of should cost.
  • Learn the types of TCO systems.
  • Learn about implementing TCO analysis.

Targeted Competencies:

By the end of this strategic purchasing and supply management training, participants competencies will be able to:

  • Supplier pricing models.
  • Supply management mission and vision.
  • Cost analysis.
  • Use of price indexes.
  • Price analysis.
  • Preparation for negotiation.
  • Strategic approaches in supply management.
  • Developing what the price should be.
  • Spend analysis.
  • Price/volume analysis.
  • Value analysis.
  • Total cost of ownership.

Workshop Content:

Unit 1: Setting the Strategic Direction:

  • Define the supply management mission and vision.
  • Stages to world-class supply management.
  • Change and become more strategic.
  • Supply management skill sets.
  • Develop the spending analysis.
  • Create time to be strategic.
  • Know The ABC (Pareto) analysis.
  • Material/services purchasing code development.

Unit 2: How Do You Know That You Obtained a Good Price:

  • Supplier pricing models.
  • Define cost and price analysis.
  • Difference between cost and price analysis.
  • Selection tool.
  • Methods of price analysis.
  • Historical analysis.
  • Work with producer price indexes.
  • Develop the organization's purchase price index.
  • Estimate cost relationships.

Unit 3: Getting a Better Price by Analyzing Cost:

  • Methods of cost analysis.
  • Major elements of cost.
  • What and how important are supplier overheads?
  • Sources of cost information.
  • Develop should cost.
  • Request supplier cost info.
  • Explore issues in analyzing supplier cost breakdown.

Unit 4: Using Price Volume, International Labor, and Value Analysis:

  • Global industrial labor rates.
  • Work with currency exchange rates.
  • Cost volume profit analysis.
  • Fixed and variable costs are defined.
  • Use of cost volume relationships.
  • Calculate fixed and variable costs algebraically.
  • Define value analysis.
  • Know The test for a value list.
  • The supplier value checklist.

Unit 5: Total Cost of Ownership (TCO) Concepts:

  • Change in supply management.
  • Definitions of TCO.
  • Objectives of TCO.
  • Barriers to TCO.
  • Process flow diagrams.
  • Approaches to TCO.
  • Dollar model.
  • Value model.
  • Explore total cost modeling of the supply chain.
  • Implementing TCO.

Dubai (UAE)
13 - 17 Oct 2024
3900 Euro
Kuala Lumpur (Malaysia)
13 - 17 Oct 2024
3900 Euro
Rome (Italy)
28 Oct - 01 Nov 2024
5500 Euro
Sharm El-Sheikh (Egypt)
03 - 07 Nov 2024
4000 Euro
London (UK)
25 - 29 Nov 2024
5200 Euro
Barcelona (Spain)
23 - 27 Dec 2024
4900 Euro
Paris (France)
06 - 10 Jan 2025
4900 Euro
Vienna (Austria)
20 - 24 Jan 2025
4900 Euro
Munich (Germany)
27 - 31 Jan 2025
4900 Euro
Istanbul (Turkey)
02 - 06 Feb 2025
4200 Euro
Sharm El-Sheikh (Egypt)
09 - 13 Feb 2025
4000 Euro
Online
09 - 13 Feb 2025
1500 Euro
Madrid (Spain)
24 - 28 Feb 2025
4900 Euro
Rome (Italy)
31 Mar - 04 Apr 2025
5500 Euro
Istanbul (Turkey)
06 - 10 Apr 2025
4200 Euro
Barcelona (Spain)
07 - 11 Apr 2025
4900 Euro
Kuala Lumpur (Malaysia)
13 - 17 Apr 2025
3900 Euro
Amsterdam (Netherlands)
21 - 25 Apr 2025
4900 Euro
Casablanca (Morocco)
28 Apr - 02 May 2025
3000 Euro
Dubai (UAE)
11 - 15 May 2025
3900 Euro
Cairo (Egypt)
11 - 15 May 2025
3000 Euro
Manama (Bahrain)
11 - 15 May 2025
3900 Euro
London (UK)
12 - 16 May 2025
5200 Euro
Amman (Jordan)
25 - 29 May 2025
2900 Euro
Geneva (Switzerland)
02 - 06 Jun 2025
5500 Euro
Barcelona (Spain)
02 - 06 Jun 2025
4900 Euro
Kuala Lumpur (Malaysia)
15 - 19 Jun 2025
3900 Euro
London (UK)
16 - 20 Jun 2025
5200 Euro
Istanbul (Turkey)
22 - 26 Jun 2025
4200 Euro
Madrid (Spain)
23 - 27 Jun 2025
4900 Euro
Lisbon (Portugal)
23 - 27 Jun 2025
4900 Euro
Amsterdam (Netherlands)
30 Jun - 04 Jul 2025
4900 Euro
Vienna (Austria)
30 Jun - 04 Jul 2025
4900 Euro
Manama (Bahrain)
20 - 24 Jul 2025
3900 Euro
Amman (Jordan)
17 - 21 Aug 2025
2900 Euro
Milan (Italy)
18 - 22 Aug 2025
5500 Euro
Boston (USA)
25 - 29 Aug 2025
6500 Euro
Online
07 - 11 Sep 2025
1500 Euro
Dubai (UAE)
21 - 25 Sep 2025
3900 Euro
Istanbul (Turkey)
21 - 25 Sep 2025
4200 Euro

The Best Professional Conferences, Workshops and Seminars
Strategic Purchasing & Supply Management Workshop (C)

 

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