Course Content
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Module 1: Category Management, Supplier Relationships & Risk (3 Hours)
- Understanding category management principles and frameworks
- Developing category strategies aligned to business objectives
- Building and maintaining effective supplier relationships
- Identifying and mitigating supplier and supply chain risks
- Practical case studies and group discussion
Module 2: Cost Analysis & Ratio Techniques (3 Hours)
- Understanding supplier cost structures
- Cost breakdown and total cost of ownership analysis
- Key financial and procurement ratios
- Using cost analysis to support sourcing decisions
- Practical exercises and worked examples
Module 3: Effective Negotiation (3 Hours)
- Preparing for successful negotiations
- Negotiation styles and techniques
- Managing difficult conversations and supplier objections
- Creating win-win outcomes
- Interactive negotiation scenarios
Module 4: Strategic Sourcing & Risk-Based Approaches (3 Hours)
- Strategic sourcing methodologies and processes
- Market analysis and supplier evaluation
- Risk assessment within sourcing activities
- Developing sourcing strategies to improve value and resilience
- Practical sourcing case study
Module 5: Sustainable Procurement, Contract & Risk Management (3 Hours)
- Principles of sustainable and ethical procurement
- Environmental, social and governance (ESG) considerations
- Contract management fundamentals
- Managing supplier and contractual risk
- Best practice approaches and case studies
Module 6: AI in Procurement – Introduction (3 Hours)
- Overview of Artificial Intelligence in procurement
- Current and emerging AI applications
- Opportunities for automation and efficiency
- Risks, governance and ethical considerations
- Practical demonstrations and discussion
Module 7: Financial Analysis & Supplier Credit Review (3 Hours)
- Reading and interpreting financial statements
- Assessing supplier financial stability
- Credit analysis techniques and warning signs
- Monitoring supplier performance and financial risk
- Practical financial review exercises
- Q&A session





