Plan the disposal or return route for obsolete and damaged stock in procurement cost reduction.
Cost Reduction Strategies in Procurement
A structured, applied course in procurement cost reduction — designed to be used the week you return.
📍 Tunis🗓️ 5 training days📚 4 modules🎓 Accredited certificate
5intensive training days
4scientific modules
8training sessions
32detailed points
Course Overview
A supply chain is only as reliable as the least visible link inside procurement cost reduction. Most procurement disputes about this area of procurement and supply operations originate in a specification written too quickly. They leave able to brief senior management on the procurement and supply operations discipline in terms that support a decision. Participants leave with a method for procurement cost reduction, not a set of opinions about it. It is written for people who have to make this part of procurement and supply operations work with the resources they already have. Cases are chosen to expose the trade-offs in the practice within procurement and supply operations rather than to illustrate ideal conditions. What blocks progress on procurement cost reduction is usually unclear ownership rather than unclear intent. Applied research in procurement and supply operations consistently shows that early structure around the procurement and supply operations discipline reduces downstream rework. It closes by agreeing the smallest change to the practice within procurement and supply operations that would make a visible difference.
Expected Learning Outcomes
Align procurement cost reduction with the wider objectives of the supply function rather than optimising it in isolation.
Set inventory policy for procurement cost reduction: reorder points, safety stock and review cycles.
Sequence improvements to procurement cost reduction so that each step makes the next one easier.
Segment spend on procurement cost reduction and apply a sourcing strategy proportionate to risk and value.
Adapt recognised practice on procurement cost reduction to local constraints without hollowing it out.
Measure procurement performance on procurement cost reduction beyond savings claimed.
Who Should Attend
Logistics and distribution staff moving material in procurement cost reduction.
Managers in small and medium organisations who own procurement cost reduction alongside other duties.
Compliance and governance staff whose remit includes procurement cost reduction.
Supplier relationship managers developing partners in procurement cost reduction.
Inventory controllers managing stock within procurement cost reduction.
Supply chain planners forecasting demand for procurement cost reduction.
Course Modules
Procurement cost reduction: controls, segregation and fraud prevention
2 sessions · 8 pointsSession 1Releasing working capital trapped in procurement cost reduction
- Calculate reorder point and safety stock for each item in procurement cost reduction.
- Establish who is informed, consulted and accountable in procurement cost reduction.
- Record what was learned when procurement cost reduction did not go as planned.
- Compare the cost of procurement cost reduction with the cost of its absence.
Session 2Setting reorder points and safety stock for procurement cost reduction
- Apply ethical and environmental criteria to supplier selection in procurement cost reduction.
- Confirm traceability from supplier to point of use for procurement cost reduction.
- Map the physical flow of procurement cost reduction through receiving, storage and dispatch.
- Negotiate payment terms on procurement cost reduction without pushing suppliers into distress.
Procurement cost reduction: customs, documentation and cross-border movement
2 sessions · 8 pointsSession 1Choosing the right sourcing approach for procurement cost reduction
- Segment spend on procurement cost reduction by value and supply risk before choosing an approach.
- Set escalation thresholds for procurement cost reduction that work out of hours.
- Set the consequence for failing service levels on procurement cost reduction, and apply it.
- Close out actions on procurement cost reduction rather than leaving them open indefinitely.
Session 2Evaluating suppliers on procurement cost reduction beyond the lowest number
- Evaluate procurement cost reduction on total cost of ownership across the full life.
- Assess supplier financial health for critical elements of procurement cost reduction.
- Validate claimed savings on procurement cost reduction against actual invoiced spend.
- Plan the sequence in which improvements to procurement cost reduction will be introduced.
Procurement cost reduction: supplier evaluation, award and contract terms
2 sessions · 8 pointsSession 1Building the method for procurement cost reduction step by step
- Write the specification for procurement cost reduction so two suppliers would price it the same way.
- Arrange the handover of procurement cost reduction so capability survives staff changes.
- Set the stock count cycle for procurement cost reduction and act on discrepancies.
- Agree the escalation route when supply of procurement cost reduction is disrupted.
Session 2Where procurement cost reduction typically breaks, and why
- Identify single-source dependencies in procurement cost reduction and cost the alternatives.
- Set out the decisions in procurement cost reduction that require sign-off and by whom.
- Agree the smallest change to procurement cost reduction that would be visibly useful.
- Check that records of procurement cost reduction answer the questions likely to be asked.
Procurement cost reduction: warehouse layout, flow and handling
2 sessions · 8 pointsSession 1What to measure in procurement cost reduction and what to ignore
- Verify segregation between requisition, approval and receipt in procurement cost reduction.
- Set out how exceptions to procurement cost reduction are requested and approved.
- Establish the boundary of procurement cost reduction and record what sits outside it.
- Distinguish symptoms from causes when procurement cost reduction underperforms.
Session 2Proving the savings claimed on procurement cost reduction were real
- Identify slow-moving and obsolete stock inside procurement cost reduction and decide its fate.
- Name a single owner for each element of procurement cost reduction.
- Identify single points of dependency in procurement cost reduction and reduce them.
- Confirm that reporting on procurement cost reduction reaches the people who can act.
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.