INTRODUCTION FOR SUSTAINABLE STRATEGIES FOR PROCUREMENT MANAGEMENT
This 2 day program is to bring awareness and knowledge on how to implement strategies toward efficient and effective procurement function.
COURSE OBJECTIVES
By the end of the 2 day interactive session, the learning curve achieve will enable the following:-
- UNDERSTANDING the key difference between tactical and strategic procurement activities
- UNDERSTANDING key role of Procurement
- DEVELOP knowledge on sustainable Procurement activities
- DEVELOP the knowledge on managing risk and implementing Disaster Recovery Planning
- UNDERSTANDING the important of stock and inventory integration in Procurement
- UNDERSTANDING basic contract rule and type of contract in procurement
COURSE CONTENT
Module 1
The Role of Procurement versus Purchasing
- Definition of Procurement versus Purchasing
- Procurement as Profit Centre
- Strategic and Tactical Procurement Key Processes
- Key Fundamental of Procurement
- PQR analysis
- Procurement key segmentation for effective managing
Module 2
Supplier Selection & Performance Management Techniques
- Strategic sourcing
- Traditional Sourcing
- Tenders and Bidding
- Selection strategies
- Audit
- Cost Evaluation
- Expediting Process
- Supplier and Vendor Handbook
- Supplier Quality and Cost Index
- KPI for Procurement Process
- Supplier and Vendor Risk Management cycle
- Reactive and Proactive management technique
- Supplier Quality Management system
- Principle of Supplier Management
- Root cause analysis
- Procurement competitive analysis
Module 3
Sustainable Procurement Strategies
- Environmental and Social Governance
- Supply chain risk and threat
- SCM emerging challenges
- Definition of risk management
- Definition of business & operation continuity planning
- Pre emptive operational and strategic risk management
- BCP cycle
- Objectives of BCP
- BIA analysis
- RCO objectives in BCP Planning
- TRA analysis and measurement
- Understanding the BCP Tiers
- RPO and RTO recovery objectives from disruption
- Disaster and Recovery Planning
Module 4
Type of Procurement Contract and Payment
- Principles of a Offer and Acceptance
- Type of Purchase order
- Type of contract in Procurement
- Incoterms rule of delivery
- Rule of Letter of Credit
- Rule of Documentary collection
