Executive Development Programme in Material Procurement Strategies
-- ViewingNowThe Executive Development Programme in Material Procurement Strategies is a certificate course designed to empower professionals with the necessary skills to excel in procurement and supply chain management. This programme emphasizes the importance of strategic material procurement in driving organizational success and shareholder value.
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โข Strategic Sourcing and Supplier Management: Understanding the concept of strategic sourcing, supplier segmentation, and the importance of building strong supplier relationships.
โข Total Cost of Ownership (TCO): Learning how to calculate and analyze the total cost of owning a product or service beyond the initial purchase price.
โข Negotiation Skills: Developing effective negotiation strategies for procurement professionals to maximize value and minimize costs.
โข Procurement Risk Management: Identifying and mitigating risks in the procurement process, including supply chain disruptions, quality issues, and contractual risks.
โข Advanced Contract Management: Understanding complex contracts, negotiating terms, and ensuring compliance with legal and regulatory requirements.
โข Global Procurement Strategies: Exploring the unique challenges and opportunities of global procurement, including cultural differences, international trade regulations, and logistics.
โข Ethics in Procurement: Understanding the ethical considerations in procurement, including conflicts of interest, bribery, and corruption.
โข Procurement Technology: Learning about the latest procurement technologies, including e-sourcing, e-invoicing, and spend analytics.
โข Sustainable Procurement: Understanding the importance of sustainable procurement practices and how to integrate them into the procurement process.
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