Warehousing and Procurement

Designing Succession Planning Programmes in Procurement Departments

Turn procurement succession planning from a stated policy into a practice your organisation can evidence.

  • 5training days
  • 4modules
  • 8sessions
  • 32topics
View packages and pricesCourse outline
Designing Succession Planning Programmes in Procurement Departments
5days

About the programme

Course Overview

Inventory tied up in procurement succession planning is capital the organisation cannot use elsewhere. A supply chain is only as reliable as the least visible link inside the practice within procurement and supply operations. What blocks progress on this aspect of procurement and supply operations is usually unclear ownership rather than unclear intent. It treats procurement succession planning as an operating discipline and equips participants to run it as one. The material serves both public bodies and commercial organisations dealing with this strand of procurement and supply operations. Organisations that document the practice within procurement and supply operations properly resolve disputes about it far more quickly. Participants apply procurement succession planning to their own supply function throughout, so the output is directly usable. The outcome is a practitioner who can hold a position on the procurement and supply operations discipline and revise it on evidence. Participants finish with a short, specific brief on this aspect of procurement and supply operations ready to put in front of a decision maker.

Expected Learning Outcomes

  • Reduce the working capital tied up in procurement succession planning without creating stock-outs.

  • Translate policy on procurement succession planning into procedures that hold up under day-to-day pressure.

  • Set inventory policy for procurement succession planning: reorder points, safety stock and review cycles.

  • Prepare the audit trail for every award decision under procurement succession planning.

  • Reduce avoidable variation in how procurement succession planning is carried out across teams.

  • Set the minimum documentation for procurement succession planning that is genuinely necessary, and stop there.

  • Design contract terms for procurement succession planning that make performance measurable and enforceable.

Who Should Attend

  • Compliance and governance staff whose remit includes procurement succession planning.

  • Quality staff inspecting incoming material in procurement succession planning.

  • Procurement and category managers responsible for procurement succession planning.

  • Supply chain planners forecasting demand for procurement succession planning.

  • Contract managers administering agreements covering procurement succession planning.

  • Managers with direct responsibility for procurement succession planning within the supply function.

Course Modules

Open any module to see its sessions and topics.

01

Procurement succession planning: sourcing strategy and market approach

2 sessions · 8 points

Session 1The cost of procurement succession planning and how to present it

  • Verify segregation between requisition, approval and receipt in procurement succession planning.
  • Verify six months later that changes to procurement succession planning have held.
  • Agree the smallest change to procurement succession planning that would be visibly useful.
  • Remove steps in procurement succession planning that add effort without adding assurance.

Session 2The approval control on procurement succession planning that prevents fraud

  • Set out the decisions in procurement succession planning that require sign-off and by whom.
  • Map the physical flow of procurement succession planning through receiving, storage and dispatch.
  • Prepare the response for the most likely failure in procurement succession planning.
  • Write the specification for procurement succession planning so two suppliers would price it the same way.
02

Procurement succession planning: inventory policy and working capital

2 sessions · 8 points

Session 1Moving procurement succession planning from approval to execution

  • Agree the indicators that will show whether procurement succession planning is improving.
  • Identify the data already collected that bears on procurement succession planning.
  • Identify where judgement in procurement succession planning is legitimate and where it is not.
  • Rehearse the briefing on procurement succession planning that would follow an incident.

Session 2Laying out the warehouse around how procurement succession planning actually moves

  • Check the delivery terms and customs classification applied to procurement succession planning.
  • Distinguish symptoms from causes when procurement succession planning underperforms.
  • Agree the escalation route when supply of procurement succession planning is disrupted.
  • Record the rationale for each significant choice made about procurement succession planning.
03

Procurement succession planning: measurement, savings validation and reporting

2 sessions · 8 points

Session 1Setting reorder points and safety stock for procurement succession planning

  • Assign responsibility for keeping documentation of procurement succession planning current.
  • Evaluate procurement succession planning on total cost of ownership across the full life.
  • Agree what will be standardised in procurement succession planning and what will not.
  • Identify slow-moving and obsolete stock inside procurement succession planning and decide its fate.

Session 2Getting other functions to support procurement succession planning

  • Validate claimed savings on procurement succession planning against actual invoiced spend.
  • Check that procurement succession planning still works when volumes rise unexpectedly.
  • Check that records of procurement succession planning answer the questions likely to be asked.
  • Assess supplier financial health for critical elements of procurement succession planning.
04

Procurement succession planning: continuity, risk and single points of failure

2 sessions · 8 points

Session 1Proving the savings claimed on procurement succession planning were real

  • Establish what evidence demonstrates procurement succession planning is under control.
  • Apply ethical and environmental criteria to supplier selection in procurement succession planning.
  • Define measurable service levels in the contract covering procurement succession planning.
  • Segment spend on procurement succession planning by value and supply risk before choosing an approach.

Session 2Documentation and customs treatment for procurement succession planning

  • Set the stock count cycle for procurement succession planning and act on discrepancies.
  • Review the audit trail for the last three award decisions on procurement succession planning.
  • Confirm traceability from supplier to point of use for procurement succession planning.
  • Calculate reorder point and safety stock for each item in procurement succession planning.

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.

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