Strategic Purchasing & Supply Management

Overview of the purchasing and supply management function and its importance in organizational success.

Understanding the role of purchasing in the supply chain and its impact on the overall business operations.

Techniques and criteria for selecting and evaluating suppliers.

Supplier relationship management and developing effective partnerships.

Developing sourcing strategies to identify potential suppliers and achieve cost savings.

Negotiation techniques for securing favorable terms and conditions with suppliers.

Understanding contract types, terms, and conditions.

Contract negotiation, implementation, and performance monitoring.

Understanding the logistics function and its relationship to purchasing and supply management.

Logistics planning, distribution, and transportation management.

Incorporating ethical considerations into purchasing and supply management decisions.

Sustainable sourcing and supplier sustainability assessment.

Understanding Supply Chain Risks

Risk Identification and Assessment

Risk Mitigation Strategies

Supply Chain Risk Monitoring and Early Warning