Strategic Purchasing and Supply Management
| Start Date | End Date | Venue | Fees (US $) | ||
|---|---|---|---|---|---|
| Strategic Purchasing and Supply Management | 19 Jul 2026 | 23 Jul 2026 | Kuala Lumpur, Malaysia | $ 4,500 | Register |
| Strategic Purchasing and Supply Management | 23 Aug 2026 | 27 Aug 2026 | Riyadh, KSA | $ 3,900 | Register |
| Strategic Purchasing and Supply Management | 06 Sept 2026 | 10 Sept 2026 | Cairo, Egypt | $ 3,500 | Register |
Strategic Purchasing and Supply Management
| Start Date | End Date | Venue | Fees (US $) | |
|---|---|---|---|---|
| Strategic Purchasing and Supply Management | 19 Jul 2026 | 23 Jul 2026 | Kuala Lumpur, Malaysia | $ 4,500 |
| Strategic Purchasing and Supply Management | 23 Aug 2026 | 27 Aug 2026 | Riyadh, KSA | $ 3,900 |
| Strategic Purchasing and Supply Management | 06 Sept 2026 | 10 Sept 2026 | Cairo, Egypt | $ 3,500 |
Introduction
This interactive training course leads delegates through the development and implementation of carefully crafted strategies for the acquisition of all goods, parts, equipment, and services. This is a critical issue for all organizations wishing to reduce operating costs while improving quality and productivity. This training course explores key concepts of Strategic Cost/Price Analysis, Value Analysis, and Total Cost of Ownership that will move today’s supply management organization to the strategic focus needed to achieve world-class performance. Organizations sticking to outdated procedural and tactical approaches will be outcompeted by leading organizations utilizing the latest approaches and techniques to ensure that their supplier base matches their ambitions.
This training course will feature:
- Setting strategies for world-class procurement
- Maximizing value for money
- Options for International supply chain sourcing
- Improving profitability by controlling total costs
- Understanding and managing supplier pricing models
Objectives
- Analyze the elements of cost in supplier’s price
- Understand differences in international labor rates
- Evaluate supplier’s different pricing models & analyze supplier’s price breakdowns
- Understand the methods of price and cost analysis
- Create an approach to implementing TCO analysis
Upon the successful completion of this program, participants will be able to:
Training Methodology
This is an interactive course. There will be open question and answer sessions, regular group exercises and activities, videos, case studies, and presentations on best practices. Participants will have the opportunity to share with the facilitator and other participants on what works well and not so well for them, as well as work on issues from their own organizations. The online course is conducted online using MS-Teams/ClickMeeting.
Who Should Attend?
This training course is suitable for a wide range of professionals, but will greatly benefit:
- Purchasing, Procurement, Contracts, Contract Administration, Projects personnel
- All others who are involved in the planning, evaluation, preparation, and management of purchasing and contracts that cover the acquisition of materials, parts, equipment, and services, and who are in organizations whose leadership want high levels of excellence in those involved in these activities
Course Outline
Day 1: Setting the Strategic Direction
- Defining the supply management mission and vision
- Stages to world-class Supply Management
- Becoming more strategic in procurement
- Supply Management skill sets
- Developing the Spend analysis
- The ABC (Pareto) analysis
Day 2: How do you know that you got a Good Price?
- Supplier Pricing models
- Defining Cost and Price analysis
- Methods of Price analysis
- Working with Producer Price Indexes
- Developing the Organization’s purchase price index
- Estimating Cost in relationships
Day 3: Getting a Better Price by Analysing Cost
- Methods of Cost analysis
- Major elements of Cost
- What and how important are Supplier overheads
- Sources of cost information
- Analysing Supplier cost breakdowns
Day 4: Using Price, Volume, International Labour and Value Analysis
- Global Industrial Labour Rates
- Working with Currency Exchange Rates
- Cost Volume Profit Analysis
- Fixed and Variable Costs Defined
- Defining Value Analysis
- Checking Supplier Value
Day 5: Total Cost of Ownership (TCO)
- Changing Supply Management
- Defining TCO
- Barriers to TCO
- Approaches to TCO
- Total Cost Modelling of the Supply Chain
- Implementing TCO

