Essential Procurement Practices
Module 1 - Procurement Cost Management
Importance of Procurement Savings & Effect on the Bottom Line Understanding ABC Analysis - Getters vs Strategic Buyers Example of How to Do ABC Analysis Understanding Purchase Price Index Module 2 - Traditional vs World Class Procurement
Leading Change in Procurement Traditional Procurement Examples World Class Procurement Examples Module 3: Introduction to Procurement Negotiations
Introduction to Non-Pricing Issues & ABC Analysis What Issues to Negotiate Apart from Price? How Much Discount to Ask? Resisting Price Increases Module 4 - Introduction to Strategic Sourcing
Process Overview - Sourcing (Upstream) & Operational Procurement (Downstream) Process Intro to Sourcing Process 1 - Capturing the Need Intro to Sourcing Process 2 - Market Analysis Intro to Sourcing Process 3 - Portfolio Analysis - Kraljic Matrix A Different Explanation of Kraljic Matrix as Targeting Model Intro to Sourcing Process Step 4 - Supplier Relationship Analysis Intro to Sourcing Process Step 5 - Risk Management Intro to Sourcing Process 6 - Supplier Selection Module 5 - Introduction to RFPs/Tenders & Contracts
Evaluating Contract Price Changes Inspection & Acceptance Quick Overview Rejecting Goods after Inspection