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Supply Chain & Procurement Development Programme

Startup,Business,People,Teamwork,Cooperation,Hands,Together

Course Content

  • 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

This course is suitable for:

 

  • Procurement Professionals
  • Sourcing & Purchasing Teams
  • Supply Chain Specialists
  • Operations & Commercial Teams

3-hour workshops delivered online or face-to-face

Product Description

This Supply Chain & Procurement Development Programme is designed for procurement, sourcing, purchasing and supply chain professionals working within multinational organisations.

The programme is delivered as a series of practical 3-hour standalone workshops, each focusing on a key area of procurement and supply chain management. Modules can be attended individually or combined to create a comprehensive development pathway.

Each session provides practical tools, techniques, and real-world insights that participants can immediately apply within their roles.

Awarding Body: Optima Training & Consulting Ltd

National Framework of Qualifications Level: N/a

Certification: Optima Training & Consulting Ltd Certificate of Completion

Renewal: N/a

Entry Requirements:
Minimum age- 18 years old

Minimum English requirements: Leaners must be able to understand and convey the concepts contained in the programme content.

Assessment Details: Class Interaction

Cost Per Person:
The fee is inclusive of all training courseware materials, certificate of completion and 3 months after training support.

Progression Opportunities: Please see related courses

Protection for Enrolled Students: N/A

Should a course not proceed, any payment received will be refunded within 48 hours