The Role of Procurement for Effective Supply Chains (LO23)

objectives

To manage the integration and continued involvement of the procurement department in the general management of the supply chain. The roles and responsibilities of procurement are examined to ensure the minimisation of risk from the introduction of new products to the trade-offs required to balance costs and investment in the supply chains. A discussion of best practice will enable businesses to maximise the benefits of their Procurement department.

who should attend

This stimulating and thought provoking programme designed for directors, executives, managers and all those who want to understand how to maximise the effectiveness of their Supply Chains through the integration of Procurement within their supply chain management.

programme profile

• Supply chains
  • Their importance
  • Customer focussed
  • What are supply chains?
  • Historical perspective
  • The role of suppliers and customers
  • How companies manage commercial supply chains
• Procurement vs Purchasing
  • Basic purchasing: its pitfalls
  • The evolvement to procurement
  • The benefits of Procurement
• Facing customers and suppliers
  • Supply chain trade-offs
  • New products and services
• Successful Integration of Procurement
  • Supply Chain efficiency
  • New products and services
  • How to accelerate procurement’s integration
  • The integration of suppliers
  • Measurement of success
• The roles and responsibilities of procurement
  • The listener
  • Changes to the market
  • Competitor information
  • To highlight and mitigate risks on the supply side
  • To help suppliers understand their role in your supply chain
  • To specify requirements correctly
  • To purchase value not cheap goods
  • To facilitate suppliers to transfer technologies

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