Strategic Sourcing and Purchasing Management: The Complete Programme
Introduction
This intensive programme equips professionals with the skills required to lead procurement and purchasing teams to world-class performance. It focuses on closing performance gaps, driving continuous improvement, and ensuring procurement delivers measurable contributions to organizational success.
Participants will learn how to move from reactive to proactive purchasing, focusing on strategies and activities that demonstrate creativity, flexibility, and deep supply market knowledge. The course also provides practical tools to measure and report procurement performance, elevating the purchasing function into a core organizational competency.
This Course Will Feature
* The skills and attributes of world-class purchasing professionals
* Methods to measure and report procurement performance
* Selection and application of proven management strategies
* Insights into changing international best practices
* Tools for managing suppliers to achieve best-in-class results
Objectives
By the end of this course, participants will be able to:
* Develop high-performance purchasing organizations
* Build strategic purchasing plans and improve internal customer service
* Apply analytics to guide procurement strategies
* Report key performance indicators (KPIs) effectively
* Identify and develop critical competencies for purchasing personnel
Course Content
**Day One – The First Steps to World-Class Purchasing**
* Stages to World-Class Purchasing
* How Purchasing is Viewed Today
* Strategic Sourcing Principles
* Developing Spend Profiles and ABC Analysis
* Future Job Descriptions in Purchasing
* Skill Sets Required for Procurement Professionals
**Day Two – Evaluating Your Own Operation**
* Understanding Best Practices
* Purchasing Gap Analysis
* Vision and Mission Development for Purchasing
* Building a Strategic Plan for the Procurement Function
* Developing Procurement KPIs
* Creating a Company Purchase Price Index
**Day Three – Driving Continuous Improvement**
* Cost Reduction Initiatives and Containment
* Identifying and Eliminating Waste in the Supply Chain
* Breaking Down Supplier Costs
* Commodity and Service Strategic Planning
* Techniques to Resist Price Increases
**Day Four – Effective Supplier Management Approaches**
* Supplier Classification Systems
* Qualification and Performance Evaluation Methods
* Supplier Metrics for Better Decisions
* Applying Performance Criteria to Supplier Selection
* Process Mapping to Eliminate Non-Value Activities
* Leveraging e-Procurement Processes
**Day Five – Enhancing Procurement’s Role and Professionalism**
* Global Sourcing Strategies
* Comparing International Labor Rates
* Maintaining a Customer-Centric Procurement Approach
* Addressing Corruption and Fraud Risks
* Elevating Procurement Professionalism
* Keeping Current with Global Procurement Trends
Who Should Attend
This programme is designed for:
* Purchasing Managers, Procurement Specialists, and Supply Chain Professionals
* Contracting and Sourcing Managers
* Supplier Relationship and Vendor Managers
* Finance and Operations Managers involved in procurement decisions
* Professionals seeking to upgrade their skills to world-class purchasing standards
Training Methodology
KE Leaders’ approach combines **practical case studies, interactive group discussions, hands-on exercises, and role-play scenarios** to ensure knowledge transfer. Participants will work on real-world procurement challenges, benchmark against best practices, and create an actionable roadmap to enhance their organization’s purchasing performance.
Enquiries and Registration
Enquiry at : admin@keleaders.com
Whatsapp: 0044 790 125 9494
For more details visit our website : www.keleaders.com
