Strategic Purchasing & Supply Management
Details :
This interactive training course leads delegates through the development
and implementation of carefully crafted strategies for the acquisition of all
goods, parts, equipment, and services. This is a critical issue for all
organizations wishing to reduce operating cost while improving quality and
productivity.
This training course explores key concepts of Strategic Cost/Price
Analysis, Value Analysis, and Total Cost of Ownership that will move today’s
supply management organization to the strategic focus needed to achieve
world-class performance. Organisations sticking to out-dated procedural and
tactical approaches will be out competed by leading organisations utilising the
latest approaches and techniques to ensure that their supplier base matches
their ambitions.
- Analyze the elements of cost In supplier’s
price
- Understand differences in international
labor rates
- Evaluate supplier’s different pricing
models & analyses supplier’s price breakdowns
- Understand methods of price and cost
analysis
- Create an approach to implementing TCO
analysis
- Purchasing, Procurement, Contracts,
Contract Administration, Projects personnel
- All others who are involved in the
planning, evaluation, preparation and management of purchasing and
contracts that cover the acquisition of materials, parts, equipment, and
services, and who are in organizations whose leadership want high levels
of excellence in those involved in these activities.
Day One: Setting the Strategic Direction
- Defining the supply management mission and
vision
- Stages to world class Supply Management
- Becoming more strategic in procurement
- Supply Management skill sets
- Developing the Spend analysis
- The ABC (Pareto) analysis
Day Two: How do you know that you got a Good Price?
- Supplier Pricing models
- Defining Cost and Price analysis
- Methods of Price analysis
- Working with Producer Price Indexes
- Developing the Organization’s purchase
price index
- Estimating Cost in relationships
Day Three: Getting a Better Price by Analysing Cost
- Methods of Cost analysis
- Major elements of Cost
- What and how important are Supplier
overheads
- Sources of cost information
- Analysing Supplier cost breakdowns
Day Four: Using Price, Volume, International Labour, and Value Analysis
- Global Industrial Labour Rates
- Working with Currency Exchange Rates
- Cost Volume Profit Analysis
- Fixed and Variable Costs Defined
- Defining Value Analysis?
- Checking Supplier Value
Day Five: Total Cost of Ownership (TCO)
- Changing Supply Management
- Defining TCO
- Barriers to TCO
- Approaches to TCO
- Total Cost Modelling of the Supply Chain
- Implementing TCO
- All lectures are in colorful presentation
- All lectures are interspersed with interactive discussion
- All lectures include group discussion, case history and exercises
- Actual major incidents as well as industry experience are reviewed
- Participants receive a multicolor course manual
- Pictures of real incidents and case history are shown
- Videos on the subject are shown
daily 09:00 – 14:00