Global Best Procurement Practices

Date: 22 Aug to 23 Aug 2016

Global Best Practices in Procurement in  Dubai 
Global Best Practices in Procurement in Thailand

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Implementing procurement world class practices to move from tactical to Strategic Procurement

Program Summary

Most Procurement Operations have the objective of becoming or maintaining World-Class status. World-Class Purchasing operations target significant annual cost improvement, bringing significant strategic value to their organizations and strong recognition to the function and those in it. Yet according to many studies most organizations must significantly improve their supply management operations in order to provide the continuous improvements needed to win and earn profits in today’s very competitive market place.

This program is designed to explore the practices generally viewed as leading to World-Class performance in purchasing so that participants can determine where they are now and begin immediate implementation of the steps needed to create maximum total value for their organization. This program combined with Procurement Gap Analysis II present excellent skill sets for dramatic improvement in Supply Management.

Program Payback

  • Discuss the importance of performing purchasing gap analysis.
  • Review best practices in key areas of organization and performance measurements,.
  • Explore methods of evaluating prices
  • Discuss how to use purchase price indexes
  • Learn best practices in supplier relations, planning and specifying, procurement process, and supplier performance
  • Be able to develop a purchasing strategic plan
  • Reduce total cost of ownership for purchased materials, equipment, and services
  • Improved productivity of the entire organization by better on time delivery of high quality goods and services 

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Training Methodology

This seminar will combine a variety of instructional methods including lecture by an experienced practitioner and consultant, exercises, and group discussions covering current practices and their relationship to the implementation of new concepts.

Who Should Attend?

  • Purchasing, Procurement, and Supply Chain Managers and professionals,
  • Materials, Contracts, Projects, Maintenance, Operations, and Financial Managers and,
  • All other Managers and Professionals interested in lowering total cost and increasing productivity and profit contributions from better purchasing operations.

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