In today’s business environment, procurement plays a crucial role in achieving a company’s strategic objectives. This course is designed for purchasing professionals who wish to elevate their skills from operational and reactive management to strategic and proactive decision-making. The program focuses on practical tools that support cost optimization, risk management, and the enhanced strategic importance of procurement within the organization.
The course is led by experienced buyers with over 20 years of experience in the field. It loosely follows on from the course “Modern purchasing in practice – an efficient process from A to Z“
- Learn to use strategic purchasing processes.
- Uncover hidden costs and turn them into opportunities and savings.
- Systematically manage risks in your supplier portfolio.
- Measure and demonstrate the direct impact of purchasing on company results.
Strategic Procurement
- Strategic vs. operational purchasing approaches
- Supplier segmentation using the Kraljic Matrix
- Risk management in the supply chain
- Development of long-term procurement strategies
Cost Optimization
- Cost analysis in the procurement chain, Total Cost of Ownership (TCO)
- Supply consolidation and specification adjustments
- Outsourcing and implementation of cost-saving measures
Practical Applications and Performance Measurement
- Strategy development based on real data
- Measuring procurement team performance (KPIs)
- Discussion on application in specific organizational contexts
Key Takeaways for Participants
- Unlock the potential of strategic procurement to achieve stronger business results.
- Gain the ability to design and implement strategic procurement plans.
- Master techniques for cost reduction and risk management.
- Learn to measure the performance and impact of procurement decisions on the company.
- Position procurement as a key pillar of organizational success.