Corporate Training for Teams

Procurement and Managing Suppliers - Level 1 (In-House)

London Corporate Training, Online (+1 locations)
Length
1 week
Next course start
Enquire for more information (+2 start dates)
Course delivery
Virtual Classroom, In Company
Length
1 week
Next course start
Enquire for more information (+2 start dates)
Course delivery
Virtual Classroom, In Company
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Course description

Procurement and Managing Suppliers - Level 1 (In-House)

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  • In Company
  • United Kingdom

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  • Virtual Classroom
  • Online

Training Course Content

This Procurement and Managing Suppliers - Level 1 course will cover:

The Principles of Procurement

  • Definition of procurement vs purchasing activities
  • Defining the goals of procurement
  • The role of procurement
  • Supporting the business strategic objectives
  • Formulating the procurement strategy

The Procurement Process

  • Key roles and responsibilities
  • Forming commodity teams
  • Planning the procurement activities
  • Development of the procurement policy
  • Developing the supplier selection process

Compiling the Approved Supplier List

  • Determination of the most appropriate suppliers
  • Methods and techniques of inviting potential suppliers
  • Developing the supplier questionnaire
  • Supplier segmentation and grading Tier 1, 2 and 3 suppliers
  • Developing supplier performance metrics

Supplier Relationship Management (SRM)

  • Introduction to the principles of SRM
  • The importance of the buyer/supplier relationship
  • Developing the SRM strategy
  • Collaboration and joint working
  • Motivating suppliers and continuous improvement

Monitoring and Managing Supplier Contracts

  • Managing the contract and setting expectations
  • The importance of setting proper baselines
  • Conducting supplier appraisals based on performance measures and metrics
  • Dealing with underperforming suppliers
  • Dealing with breaches and disputes

Why choose London Corporate Training

We have trained over 25,000 delegates from almost 500 client organisations

Highly qualified and experienced trainers who offer a unique learning experience tailored to you

Endorsed by various organisational and subject specific accrediting bodies

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London Corporate Training
London Corporate Training
3 Shortlands, Hammersmith
W6 8DA London

London Corporate Training - High value, high impact training programmes delivered globally to teams and individuals For almost 30 years LCT has delivered tangible improvements to organisations by enabling their leaders, managers and professionals to reach their full potential through...

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