/  Strategic Purchasing and Supply Management Training

Strategic Purchasing and Supply Management Training

BMC Training provides a training course in Strategic Purchasing and Supply Management in Project , Procurement and Contracts

Course Title
Venue
Start Date
End Date
  • London
    28 - 10 - 2018
    1 - 11 - 2018
  • Dubai
    14 - 10 - 2018
    18 - 10 - 2018
  • Paris
    28 - 10 - 2018
    1 - 11 - 2018
  • Kuala Lumpur
    11 - 11 - 2018
    15 - 11 - 2018
  • Istanbul
    18 - 11 - 2018
    22 - 11 - 2018
  • Bali
    11 - 11 - 2018
    15 - 11 - 2018
  • London
    23 - 12 - 2018
    27 - 12 - 2018
  • Dubai
    2 - 12 - 2018
    6 - 12 - 2018
  • Paris
    23 - 12 - 2018
    27 - 12 - 2018
  • Kuala Lumpur
    6 - 1 - 2019
    10 - 1 - 2019
  • Istanbul
    27 - 1 - 2019
    31 - 1 - 2019
  • Bali
    6 - 1 - 2019
    10 - 1 - 2019
  • London
    17 - 2 - 2019
    21 - 2 - 2019
  • Dubai
    10 - 2 - 2019
    14 - 2 - 2019
  • Paris
    17 - 2 - 2019
    21 - 2 - 2019
  • Kuala Lumpur
    3 - 3 - 2019
    7 - 3 - 2019
  • Istanbul
    17 - 3 - 2019
    21 - 3 - 2019
  • Bali
    3 - 3 - 2019
    7 - 3 - 2019
  • London
    7 - 4 - 2019
    11 - 4 - 2019
  • Dubai
    7 - 4 - 2019
    11 - 4 - 2019
  • Paris
    7 - 4 - 2019
    11 - 4 - 2019
  • Kuala Lumpur
    19 - 5 - 2019
    23 - 5 - 2019
  • Istanbul
    12 - 5 - 2019
    16 - 5 - 2019
  • Bali
    19 - 5 - 2019
    23 - 5 - 2019
  • London
    16 - 6 - 2019
    20 - 6 - 2019
  • Dubai
    23 - 6 - 2019
    27 - 6 - 2019
  • Paris
    16 - 6 - 2019
    20 - 6 - 2019
  • Kuala Lumpur
    14 - 7 - 2019
    18 - 7 - 2019
  • Istanbul
    7 - 7 - 2019
    11 - 7 - 2019
  • Bali
    14 - 7 - 2019
    18 - 7 - 2019
  • London
    11 - 8 - 2019
    15 - 8 - 2019
  • Dubai
    18 - 8 - 2019
    22 - 8 - 2019
  • Paris
    11 - 8 - 2019
    15 - 8 - 2019
  • Kuala Lumpur
    22 - 9 - 2019
    26 - 9 - 2019
  • Istanbul
    22 - 9 - 2019
    26 - 9 - 2019
  • Bali
    22 - 9 - 2019
    26 - 9 - 2019

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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