Course description
This comprehensive program is designed to help participants understand the nuances of procurement and supply chain management, with a specific focus on strategic procurement, operational efficiency, and sustainable practices. Through a mixture of theory, practical examples, and future trends, we aim to equip you with the skills and knowledge required to excel in this field. The depth and level of detail in this course align closely with the more advanced levels of CIPS qualifications, such as Level 4 (Diploma).
Upcoming start dates
Upcoming start dates
Suitability - Who should attend?
This course is ideal for:
- Procurement and supply chain professionals who wish to deepen their understanding and enhance their skills.
- Business managers and executives interested in improving their organization's procurement and supply chain strategies.
- Students studying business, logistics, or related fields who wish to gain practical knowledge.
- Individuals considering a career change into procurement and supply chain management.
- Small business owners who wish to manage their procurement and supply chain effectively.
Outcome / Qualification etc.
Upon completion of this course, attendees should be able to:
- Understand the fundamental principles of procurement and supply chain management and their roles in business success.
- Develop effective procurement strategies, manage suppliers, and mitigate risks.
- Apply lean principles and technology to enhance supply chain efficiency.
- Implement ethical and sustainable practices in procurement and understand the relevant laws and regulations.
- Understand the impact of globalization and emerging technologies on procurement and supply chain management, and prepare for future trends.
Training Course Content
Day 1
Introduction to Procurement and Supply Chain Management
- Overview of Procurement and Supply Chain Management: Definitions, differences, and interlinkages.
- Importance of procurement and supply chain management in business.
- Understanding the Procurement Cycle: From identifying needs to final payment.
- Introduction to Supply Chain Management: From sourcing raw materials to delivering final products.
Day 2
Strategic Procurement
- Developing a procurement strategy: Aligning procurement with organizational objectives.
- Supplier selection and management: Criteria, negotiation, and relationship management.
- Risk Management in Procurement: Identifying, assessing, and mitigating risks.
- Category management: Strategies for effective category management.
Day 3
Operational Efficiency in Supply Chain
- Understanding and implementing Lean Supply Chain principles.
- The role of technology in enhancing supply chain efficiency: ERP systems, AI, and IoT.
- Inventory management: Techniques for effective inventory control.
- Quality Management in the Supply Chain: Ensuring product quality and customer satisfaction.
Day 4
Ethical and Sustainable Procurement
- Understanding ethical procurement: Fair trade, labor rights, and anti-corruption practices.
- The role of procurement in sustainability: Green procurement strategies.
- Implementing ethical and sustainable procurement practices: Challenges and solutions.
- Regulatory compliance in procurement: Understanding relevant laws and regulations.
Day 5
Future Trends in Procurement and Supply Chain Management
- Impact of globalization on procurement and supply chain management.
- Exploring the potential of emerging technologies: Blockchain, AI, and automation.
- The future of procurement and supply chain management: Predictions and preparations.
- Skills for the future: Essential skills for procurement and supply chain professionals in the digital age.
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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,...