Procurement Techniques and Strategies

Duration

8,00 hours(s)

Language(s) of service

Next session

Who is organizing this training?

Fondation créée en 2015 par la Chambre de Commerce et l’Association des Banques et Banquiers Luxembourg (ABBL), la House of Training est un organisme agréé de formation professionnelle continue qui s'engage à contribuer activement à la compétitivité et à l'attractivité du Luxembourg en développant les compétences de ceux qui font vivre son économie.

Goals

This 8-hour course provides a comprehensive overview of procurement strategies and techniques for professionals seeking to enhance their knowledge in procurement. Participants will gain insights into key procurement processes, strategic sourcing, contract management, cost analysis, supplier relationship management, global procurement challenges, and more.

Understand the fundamentals and importance of procurement in business.
Develop skills in strategic sourcing, supplier relationship management, and negotiation.
Learn effective procurement planning, risk management, and cost analysis techniques.
Gain insights into contract management and compliance with legal and ethical considerations.
Explore the role of technology in modern procurement and strategies for global procurement success.
Acquire best practices for continuous improvement in procurement processes.

Introduction to Procurement and Procurement Planning
Strategic Sourcing and Contract Management
Cost Management and Supplier Relationship Management (SRM)
Ethics and Compliance in Procurement
Technology in Procurement
Global Procurement
Procurement Best Practices and Continuous Improvement

Additional information

Professionals already working in various industries who have limited knowledge of procurement, including but not limited to:

Project Managers
Supply Chain Managers
Operations Managers
Procurement Officers
Business Analysts
Those involved in purchasing decisions and vendor management.

This course is designed to accommodate participants with diverse backgrounds and aims to provide practical insights that can be directly applied in their professional roles.