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Sourcing and Procurement

Sourcing and Procurement

Delivery

Virtual Workshop

Duration

8 x 2 hours

Gain Essential Knowledge of Strategic Sourcing and Efficient Supplier Management

This course forms the foundation for logistic managers, providing essential insights into sourcing management. Covering sourcing roles, strategies, and subsequent procurement processes, with a strong emphasis on integration into the corporate strategy. Furthermore, it delves into performance measurement, financial controls, and the efficient supplier management, all of which collectively enhance overall effectiveness. The program empowers logistics managers with the knowledge and skills necessary to align sourcing and procurement activities with broader organisational objectives. You will learn to apply performance metrics and financial oversight to optimise supplier relationships, thereby elevating the efficiency and effectiveness of logistic operations.

Key Content

Roles of sourcing and procurement in the supply chain

Corporate sourcing strategy

Types of sourcing structures

Key stages in the sourcing and procurement process

Managing risk from potential sources

Supplier relationship

Measurement of supplier performance

Measurement of sourcing processes

Using benchmarking for measuring performance

Course Format

Duration

8 x 2 hours

Delivery

Virtual Workshop via Zoom

Work-based activities, including presentations, group work and case studies

Develop a profound grasp of sourcing and procurement concepts, from roles to strategies

Gain expertise in navigating the entire procurement lifecycle, from requisition to contract management

Learn to align sourcing and procurement practices with overall corporate strategies for enhanced efficiency

Acquire skills to effectively manage supplier relationships, fostering collaboration and mutual benefit

Master the art of measuring and using performance indicators to optimise procurement processes

Understand the application of financial controls to ensure cost-effective sourcing decisions and budget adherence

Benefits for you

Develop specialised knowledge to make well-informed sourcing and procurement decisions

Streamline processes, leading to cost savings and improved resource management

Align sourcing strategies with broader corporate goals, fostering adaptability

Cultivate strong supplier partnerships for reliable and efficient procurement practices

Benefits for your organisation

Equip your team with specialised knowledge to make strategic sourcing and procurement choices

Streamline processes to minimise expenses and enhance resource allocation

Align sourcing strategies with organisational objectives for improved synergy

Foster robust supplier relationships, enhancing reliability and efficiency in procurement operations

Any Questions?

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or call 1300 950 251