Procurement and Supplier Relationship Management
Starting from 3499 per person
AED 3499.00
Objectives:
Participants will understand the strategic role of procurement, develop skills for effective supplier selection, build strong supplier relationships, and master negotiation tactics for win-win outcomes.
Modules:
1. Introduction to Procurement: Strategic role in business and the difference between procurement and purchasing.
2. Procurement Process and Strategies: Key steps, category management, and cost optimization.
3. Supplier Selection and Evaluation: Criteria, tools, and supplier portfolio development.
4. Supplier Relationship Management (SRM): Building trust, collaboration, and managing supplier performance.
5. Negotiation Skills: Effective strategies, understanding supplier perspectives, and cultural considerations.
6. Emerging Trends: Digital tools, sustainability, and innovations like AI and blockchain.