/  Strategic Purchasing and Supply Management
All courses in Washington have been cancelled .
BMC Training provides on 11 Oct 2020 Strategic Purchasing and Supply Management course [Project , Procurement and Contracts] in Washington,United States

Introduction

This course leads delegates through the development and implementation of carefully crafted strategies for the acquisition of all goods, parts, equipment, and services.  This is a critical issue for all organizations wishing to reduce operating cost while improving quality and productivity.

This program explores key concepts of Strategic Cost/Price Analysis, Value Analysis, and Total Cost of Ownership that will move today’s supply management organization to the strategic focus needed to achieve world-class performance. Organisations sticking to out-dated procedural and tactical approaches will be outcompeted by leading organisations utilising the latest approaches and techniques to ensure that their supplier base matches their ambitions.

This course will feature:

  • Setting strategies for world class procurement
  • Maximising value for money
  • Options for International supply chain sourcing
  • Improving profitability by controlling total costs
  • Understanding and managing supplier pricing models

Objectives

  • Analyse the elements of cost In supplier’s price
  • Understand differences in international labor rates
  • Evaluate supplier’s different pricing models & analyse supplier’s price breakdowns
  • Understand methods of price and cost analysis
  • Create an approach to implementing TCO analysis

Content

Day One

Setting the Strategic Direction

  • Defining the supply management mission and vision
  • Stages to world class Supply Management
  • Becoming more strategic in procurement
  • Supply Management skill sets
  • Developing the Spend analysis
  • The ABC (Pareto) analysis

Day Two

How do you know that you got a Good Price?

  • Supplier Pricing models
  • Defining Cost and Price analysis
  • Methods of Price analysis
  • Working with Producer Price Indexes
  • Developing the Organization’s purchase price index
  • Estimating Cost  in relationships

Day Three

Getting a Better Price by Analysing Cost

  • Methods of Cost analysis
  • Major elements of Cost
  • What and how important are Supplier overheads
  • Sources of cost information
  • Analysing Supplier cost breakdowns

Day Four

Using Price, Volume, International Labour, and Value Analysis

  • Global Industrial Labour Rates
  • Working with Currency Exchange Rates
  • Cost Volume Profit Analysis
  • Fixed and Variable Costs Defined
  • Defining Value Analysis?
  • Checking Supplier Value

Day Five

Total Cost of Ownership (TCO)

  • Changing Supply Management
  • Defining TCO
  • Barriers to TCO
  • Approaches to TCO
  • Total Cost Modelling of the Supply Chain
  • Implementing TCO



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Course Details
  • Code PPC33
  • TIME    08:00 AM - 11:15 AM
  • DATE    Oct 11 2020 - Oct 15 2020
  • Washington , Radisson Blu
  • +44 2087206971
  • Support@bmc.net

Fees Per Person

7500 GBP + VAT
Other Dates

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