Building a Corporate Procurement Strategy Aligned with Business Objectives

A concise, decision-focused programme covering business-aligned procurement strategy end to end.

📍 Tripoli🗓️ 5 training days📚 4 modules🎓 Accredited certificate
5intensive training days
4scientific modules
8training sessions
32detailed points

Course Overview

Most procurement disputes about business-aligned procurement strategy originate in a specification written too quickly. Single sourcing on the procurement and supply operations discipline looks efficient until the day it is not. Progress on this part of procurement and supply operations is usually lost in the gap between approval and execution. The course gives participants a defensible structure for business-aligned procurement strategy and the judgement to adapt it. Participants test their assumptions about the practice within procurement and supply operations against scenarios designed to break weak ones. The level assumes working familiarity with the supply function but no prior formal training in the procurement and supply operations capability. Participants gain a realistic view of what business-aligned procurement strategy costs and what it returns. Applied research in procurement and supply operations consistently shows that early structure around this area of procurement and supply operations reduces downstream rework. Participants leave with a plan for the practice within procurement and supply operations sized to what their organisation can realistically absorb.

Expected Learning Outcomes

01

Set a realistic target state for business-aligned procurement strategy and a defensible route to it.

02

Structure records of business-aligned procurement strategy so that they answer the questions an auditor will actually ask.

03

Build a supplier performance regime covering business-aligned procurement strategy with real consequences.

04

Review contracts and agreements for the obligations they create around business-aligned procurement strategy.

05

Reduce the working capital tied up in business-aligned procurement strategy without creating stock-outs.

06

Plan the disposal or return route for obsolete and damaged stock in business-aligned procurement strategy.

07

Apply sustainability and ethical sourcing criteria to business-aligned procurement strategy.

Who Should Attend

01

Logistics and distribution staff moving material in business-aligned procurement strategy.

02

Managers with direct responsibility for business-aligned procurement strategy within the supply function.

03

Procurement and category managers responsible for business-aligned procurement strategy.

04

Public sector tendering officers applying business-aligned procurement strategy under procurement regulation.

05

Supplier relationship managers developing partners in business-aligned procurement strategy.

06

Risk managers assessing the exposure created by business-aligned procurement strategy.

Course Modules

01

Business-aligned procurement strategy: measurement, savings validation and reporting

2 sessions · 8 points

Session 1Choosing the right sourcing approach for business-aligned procurement strategy

  • Assess supplier financial health for critical elements of business-aligned procurement strategy.
  • Prepare the summary of business-aligned procurement strategy that senior management will read.
  • Anticipate the objections business-aligned procurement strategy will raise and prepare the answers.
  • Set out how exceptions to business-aligned procurement strategy are requested and approved.

Session 2Laying out the warehouse around how business-aligned procurement strategy actually moves

  • Confirm traceability from supplier to point of use for business-aligned procurement strategy.
  • Name a single owner for each element of business-aligned procurement strategy.
  • Set the review interval for business-aligned procurement strategy and who attends.
  • Confirm that those complying with business-aligned procurement strategy understand why it exists.
02

Business-aligned procurement strategy: controls, segregation and fraud prevention

2 sessions · 8 points

Session 1The decisions in business-aligned procurement strategy that cannot be delegated

  • Verify six months later that changes to business-aligned procurement strategy have held.
  • Set out the decisions in business-aligned procurement strategy that require sign-off and by whom.
  • Distinguish symptoms from causes when business-aligned procurement strategy underperforms.
  • Evaluate business-aligned procurement strategy on total cost of ownership across the full life.

Session 2Moving business-aligned procurement strategy from approval to execution

  • Segment spend on business-aligned procurement strategy by value and supply risk before choosing an approach.
  • Reduce the variation in how business-aligned procurement strategy is carried out between teams.
  • Identify where judgement in business-aligned procurement strategy is legitimate and where it is not.
  • Build the competence framework that supports business-aligned procurement strategy.
03

Business-aligned procurement strategy: warehouse layout, flow and handling

2 sessions · 8 points

Session 1What has to be agreed before work on business-aligned procurement strategy starts

  • Benchmark the organisation's business-aligned procurement strategy against comparable operations.
  • Decide what will be stopped to create capacity for business-aligned procurement strategy.
  • Write the specification for business-aligned procurement strategy so two suppliers would price it the same way.
  • Define measurable service levels in the contract covering business-aligned procurement strategy.

Session 2Writing a specification for business-aligned procurement strategy suppliers can price accurately

  • Check that records of business-aligned procurement strategy answer the questions likely to be asked.
  • Set the consequence for failing service levels on business-aligned procurement strategy, and apply it.
  • Negotiate payment terms on business-aligned procurement strategy without pushing suppliers into distress.
  • Check the delivery terms and customs classification applied to business-aligned procurement strategy.
04

Business-aligned procurement strategy: supplier evaluation, award and contract terms

2 sessions · 8 points

Session 1Evaluating suppliers on business-aligned procurement strategy beyond the lowest number

  • Calculate reorder point and safety stock for each item in business-aligned procurement strategy.
  • Identify slow-moving and obsolete stock inside business-aligned procurement strategy and decide its fate.
  • Confirm that reporting on business-aligned procurement strategy reaches the people who can act.
  • Validate claimed savings on business-aligned procurement strategy against actual invoiced spend.

Session 2The approval control on business-aligned procurement strategy that prevents fraud

  • Apply ethical and environmental criteria to supplier selection in business-aligned procurement strategy.
  • Review whether inventory policy on business-aligned procurement strategy still matches actual demand.
  • Identify single-source dependencies in business-aligned procurement strategy and cost the alternatives.
  • Map the physical flow of business-aligned procurement strategy through receiving, storage and dispatch.

Choose the package that suits you

Silver Package

At least 3 people

USD1,250
  • Workshop or Program Participation
  • Airport Transfers
  • Customized Badge
  • Expert Mentorship (Private Sessions)
  • Supervision & Secretarial Services
  • Accredited Certificate of Participation
  • Complete Training Kit
  • Coffee Break
  • Closing Ceremony

Gold Package

At least 3 people

USD1,850
  • 5-night stay in a 5-star hotel
  • Workshop or Program Participation
  • Airport Transfers
  • Customized Badge
  • Expert Mentorship (Private Sessions)
  • Supervision & Secretarial Services
  • Accredited Certificate of Participation
  • Complete Training Kit
  • Coffee Break
  • Closing Ceremony

Complete your registration

We will contact you within one business day to confirm.