CILT Endorsed Strategic Sourcing: 7 Steps for Better Procurement Value
Procurement & Supply Chain · 5 Days · Public · Al-Khobraa certified · From USD 3,900
Overview
The procurement department is often viewed and managed as an administrative function, with sourcing activities executed at arm's length. Strategic sourcing addresses this issue by providing a strategic approach towards optimizing and continuously improving sourcing activities using a proven 7-step methodology.
Learning Objectives
Creating effective sourcing teams
Gaining stakeholder involvement and buy-in
Comprehensively understanding both internal needs and the external supply market
Understanding the Total Cost of Ownership (TCO)
Building effective RFIs and RFPs
Analyze internal spend and supply market dynamics to provide a foundation for sourcing plans
Execute different sourcing strategies to optimize savings and ensure supply security
Identify appropriate suppliers for effective execution of sourcing plans
Describe operational and strategic procurement processes for better value
Implement different purchasing methods to streamline procurement operations
Apply supplier integration techniques for sustainable supplier relations
Manage performance of procurement processes for continuous improvement
Developing the right sourcing strategy
Establishing negotiations objectives and strategy
Conducting effective negotiations and developing a good contract
“Speaking with one voice” to suppliers
Developing and maintaining long-term supplier relationships
Who Should Attend
This course is designed for supply chain managers, purchasing directors, heads of procurement, and other professionals seeking to strengthen their capability in this area.
Supply Chain Managers
Purchasing Directors
Heads of Procurement
Heads of Planning
Heads of Supply Support
Contracts Managers
Contracts Procurement Managers
Inventory Managers
Logistics Managers
Heads of Stock Control
Course Outline
Day 1 — Step 1: Analyze Spend Categories
Recognizing strategic role of procurement
Strategic sourcing in supply chain context
7 steps to strategic sourcing
Analyzing spend categories
Day 2 — Step 3: Identify Suppliers
Locating suppliers
Registering suppliers
Assessing suppliers
Sourcing locally
Day 3 — Step 5: Implement Procurement Processes
Managing RFI, RFQ and RFP processes
Defining bid evaluation criteria
Implementing innovative purchasing methods
Using purchasing decision matrix
Day 4 — Step 6: Integrate Suppliers
Prequalifying suppliers
Managing supplier certification programs
Partnering with suppliers
Managing Supplier Level Agreements (SLAs)
Day 5 — Step 7: Manage Procurement Performance for Continuous Improvement
Managing a strategic sourcing plan
Measuring, analyzing, and reporting on performance
Developing improvement initiatives
Institutionalizing supplier report cards
Accreditation
Al-Khobraa certified. On completion delegates receive an Al-Khobraa certificate of achievement.
What do Al-Khobraa procurement and supply chain courses cover?
The portfolio covers strategic sourcing and category management, tendering and supplier evaluation, contract and supplier performance management, negotiation, logistics, warehousing and inventory control — alongside preparation for CIPS (Chartered Institute of Procurement & Supply) qualifications, the global benchmark for the profession.
Who should attend a procurement and supply chain course?
These courses suit procurement and purchasing officers, category and sourcing managers, contract administrators, warehouse and inventory supervisors, logistics and materials planners, and finance or engineering staff who raise and evaluate tenders. No prior CIPS study is assumed.
How long are procurement and supply chain courses, and where are they held?
Most Al-Khobraa procurement and supply chain courses run over 5 days. The exact duration, dates and city for this course are listed in the dates section on this page. Public sessions run across Saudi Arabia — Riyadh, Jeddah, Al-Khobar, Jubail and Yanbu — as well as regional and international venues, with live virtual classrooms available on request.
What certificate will I receive?
Delegates who complete the course receive an Al-Khobraa certificate of completion, issued by a Saudi-registered training provider. Al-Khobraa also delivers internationally accredited programmes; where a course carries an external awarding body such as PMI, CIPS, ILM or IOSH, that body is named on the course's own page.
Can procurement and supply chain training be delivered in-house for our team?
Yes. Any Al-Khobraa procurement and supply chain course can be delivered in-house at your own premises anywhere in Saudi Arabia or the GCC, with the content, dates and language of delivery tailored to your team. Al-Khobraa is an approved HRDF (Hadaf) provider, so eligible Saudi employers can seek training support. Contact us for a quotation.