Course description
The global procurement landscape is rapidly changing, from digital opportunities to the increasingly international nature of our work. Yet at its heart the industry is still one driven by the key talents and skills of procurement professionals.
This course is aimed at improving the skills of the Procurement Professional and Buyers in organizations. The course examines the strategic importance of procurement within departments by using concepts and ideas in order to maximize the procurement department’s effectiveness and thereby reducing costs throughout the supply chain
Advanced Procurement professional training course (APP) provides the skills for procurement within many departments in an organization and providing the methods and concepts of procurement management so increase the working efficiency of a company and thus increase the profits.
Upcoming start dates
Upcoming start dates
Suitability - Who should attend?
The course is suitable for:
Advanced Procurement professional training course(APP) is an important course for
- purchasing professionals who will deliver their company/organization with knowledge and practical skills to make remarkable cost savings.
- Contracts and Project Personnel
- Engineering, Operational and Maintenance personnel
- Individuals involved in the planning, evaluation, preparation and management of purchases that cover the acquisition of materials, equipment and services
- Individuals who are in organizations whose leadership want high levels of competency in those involved in purchasing activities
Outcome / Qualification etc.
By the end of this Advanced Procurement professional training (APP) course participant will be able to:
- Develop critical supply strategies
- Apply the concepts of activity based costing
- Develop skills required for effective supplier relationships
- Learn how to create rapport, build trust and establish credibility in a work group
- Practise successful negotiations
- Understanding the importance of effective procurement
- Methodology of process-based costing
- Boost the important supply plans
- Understanding of the effective skills for supplier relationships
- Understanding , how to develop trust and reliability in workmen
- Understanding the important concepts of procurement negotiations
- Understanding the evaluation of a supplier
- How to conduct perfect negotiations
- Contingency plans for procurement
Training Course Content
Day 1
Organized Purchasing Structure
- Understanding of the purchasing capability of an organization
- Terms and conditions of purchase
- Understanding of the procurement process and cycle
- Supply chain management
- Influence of the external environment on procurement and “How to solve the problem”
Day 2
Supplier Management
- Understanding the importance of supplier
- Methodology of “Total Budget Method” (TBM)
- Understanding of the supplier rating standard
- Understanding of the sourcing strategies in a declining market
- Understanding of the efficient supplier performance and it’s methodology
- “Who is a good customer?” , principles of a good customer
Day 3
Communication During Organizational Change
- Understanding the three communication techniques (verbal, non-verbal, written)
- Conducting a good communication and its challenges and how to reduce stress?
- Understanding how internal communications and openness in interactions builds trust
- How the success of an organization lies in the reactions to change
- Preparation of employee’s reaction to change
Day 4
Negotiation Techniques
- Understanding the importance of building negotiation skills
- Understanding the importance of being a “good negotiator”
- Understanding the skills for efficient negotiations to minimize conflict in work place
- Training on conducting actual negotiation
- Understanding the perspective of the other person, with whom you are negotiating
- “How to make a counter-offer that satisfies both parties?”
Day 5
Procurement Management
- Developing the skills of existing talent
- “How to attract and keep new talent?”
- Training on designing a “Procurement talent structure”
- Understanding of the supplier’s performance metrics
- “How to evaluate a vendor?”
- Review of the whole course and question and answer session
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London Premier Centre
London Premier Centre is a UK leading training provider based in London and specialises in international short courses. Our inspiring, comprehensive portfolio of more than 400 professional development courses and seminars covers a wide range of professions from Administration, Leadership,...