Course duration: 2 Days

Course running order

Day 1

The strategic process
Analysis, option development and selection, implementation
Understanding and applying the of tools of analysis
Resource Audits, Benchmarks and norms of performance
Understanding Corporate Strategies
Selecting and setting appropriate strategic directions (Broad or narrow, brand or cost)
Missions visions goals and objectives for an organisation
Review of case studies of differing Corporates and their strategies

Globalisation and its effect on corporate strategies
Sourcing from Low Cost Countries
The link between Corporate, Operational, and Procurement strategies
The top down – bottom up approach to strategy development
Stakeholders in the process

Role of procurement in the development of corporate strategic thinking
The upstream supply chain and its impact on the organisations competitive advantage and operational efficiency
Organisational dependency on its supply chains for competitive advantage

Day 2

Developing Procurement Strategies

People Selection and Development
Deciding on the mix of skills, competencies, attributes
Setting up and managing training and development programmes

Structures
Drivers and enablers for differing structures
Local or national or global, Centralised, networked, decentralised, matrix, co-located, project procurement structures

Processes and Process mapping
Sourcing strategies in the supply chain
Cost reduction initiatives
Relationship strategies

Course objectives

A practical guide to developing procurement strategies within the business

Who should attend?

All procurement teams charged with or currently developing overall procurement strategies. Teams seeking a refresher and review of their current strategic thinking