Code Date Venue Fees
MM026e 24 - 28 Jul 2017 London - United Kingdom $5,800 Register
MM026e 11 - 15 Dec 2017 London - United Kingdom $5,800 Register
Home » Seminars » Purchasing, Logistics & Supply Chain Management » Procurement Management Professional

Introduction

The Procurement Professionals mini MBA is an intensive 5-day training course designed to meet global changes in transformational leadership, finance and procurement strategies. In today’s world middle and senior managers are faced with increasingly complex “value chain management.” A strategic approach to procurement can give organisations a competitive advantage by maximizing benefits received in return for spend, therefore professionals need to understand the various elements driving change strategies, ensure cost efficiencies and achieve competitive procurement in a global environment. This Procurement Professional Mini MBA concentrates on the core leadership strategies, financial implications and sourcing activities.

This seminar will feature:

  • Understanding of strategic leadership in the economic context for your business
  • Developing innovation approaches for strategy development
  • Enhancing costs awareness within the value chain and understanding the impact on the bottom line
  • Defining and apply sourcing strategies in line with your organizational goals and objectives
  • Building collaboration and long term supplier relationships

Objectives

By the end of this training seminar, participants will be able to:

  • To understand the benefits of strategies that create and lead change
  • To apply tools and techniques that develop strategic thinking and innovation
  • Implement Analysis and Problem Solving
  • Understand total cost of ownership
  • Develop robust service level agreements
  • Maximising supplier contribution and performance

Training Methodology

Participants will learn by active engagement during the training seminar through the use of seminar materials, exercises, videos and group discussions on “real life” issues. Procurement management knowledge, skills, tools and techniques are taught through case studies, experiential exercises and practical examples that can be used immediately to improve your procurement results.

Who Should Attend?

Professionals interested in furthering their leadership and procurement management skills would benefit from this training seminar. It will also be beneficial to:

  • Managers and leaders involved in major global sourcing activities
  • Finance professionals involved with major capital expenditure projects
  • Senior Procurement Professionals
  • Project Managers
  • Contract and Procurement Managers
  • Senior buyers
  • Commodity procurement specialists

Seminar Outline

DAY 1

Procurement Leadership

  • Perceptions of leadership in the field of procurement
  • Management versus Leadership
  • Transformational leadership in procurement
  • The leadership challenge: balancing strategy and culture
  • Leadership in strategic thinking organisations
  • Understanding the interrelated factors that impact procurement

DAY 2

Aligning Procurement to Organisational Strategy

  • Participating in the Strategic Implementation Planning Process
  • Recognizing and interpreting forces in the strategic environment
  • Strategic implementation tools and frameworks
  • Analysing and prioritizing strategic sourcing issues
  • Harnessing uncertainty and risk
  • Converting Strategy into Action

DAY 3

Cost Awareness and Financial Impact Along the Value Chain

  • From Strategic Planning to the Operating plan
  • Budgeting and costing along the value chain
  • Fixed vs variable costs
  • Contribution Margin
  • Direct vs indirect costs
  • Performance measurement and impact on the bottom line

DAY 4

Global Sourcing and Critical Procurement Strategies

  • Defining Procurement Excellence
  • Definition of Sourcing Strategy and Critical Supply Strategies
  • Tactical versus Strategic Sourcing
  • Developing the Strategic Procurement Plan
  • Using international supply chains for competitive advantage
  • Developing a framework for managing contract risk

DAY 5

Developing and Maintaining Long-term Supplier Relationships

  • Implications on supplier selection procedures
  • Turning vendors into partners
  • Relationship management – suppliers and stakeholders
  • Performance improvement metrics
  • The Service Level Agreement framework
  • Applying the right incentives for the right outcome

Accreditation

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(The PMI Registered Education Provider logo and PMI are registered marks of the Project Management Institute, Inc.)

In Association With

Oxford Management Centre

Oxford Management Centre

A GLOMACS - Oxford Management Centre collaboration aimed at providing the best training services and benefits to our valued clients

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PetroKnowledge

PetroKnowledge

Our collaboration with Petroknowledge aims to provide the best training services and benefits for our valued clients

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Procurement Management Professional
(an ILM-endorsed title of 'Mini MBA for Procurement Professionals')


Upcoming Dates

Code Date Venue Fees
MM026e 24 - 28 Jul 2017 London - United Kingdom $5,800
MM026e 11 - 15 Dec 2017 London - United Kingdom $5,800

This is an ILM Endorsed Seminar. Optional ILM Endorsed Certification carries an assessment component which contributes to measuring learning impact.

Project Management Institute (PMI)® has reviewed and approved GLOMACS as a Global Provider of project management training. This is a PMI® Approved/Registered seminar and hence attendance to this seminar will enable those credentialed with PMI® to receive applicable PDUs upon updating their status with PMI®.

(REP logo, PMI & PMP are registered trademarks of Project Management Institute, Inc.)

 

Introduction

The Procurement Professionals mini MBA is an intensive 5-day training course designed to meet global changes in transformational leadership, finance and procurement strategies. In today’s world middle and senior managers are faced with increasingly complex “value chain management.” A strategic approach to procurement can give organisations a competitive advantage by maximizing benefits received in return for spend, therefore professionals need to understand the various elements driving change strategies, ensure cost efficiencies and achieve competitive procurement in a global environment. This Procurement Professional Mini MBA concentrates on the core leadership strategies, financial implications and sourcing activities.

This seminar will feature:

  • Understanding of strategic leadership in the economic context for your business
  • Developing innovation approaches for strategy development
  • Enhancing costs awareness within the value chain and understanding the impact on the bottom line
  • Defining and apply sourcing strategies in line with your organizational goals and objectives
  • Building collaboration and long term supplier relationships

Objectives

By the end of this training seminar, participants will be able to:

  • To understand the benefits of strategies that create and lead change
  • To apply tools and techniques that develop strategic thinking and innovation
  • Implement Analysis and Problem Solving
  • Understand total cost of ownership
  • Develop robust service level agreements
  • Maximising supplier contribution and performance

Training Methodology

Participants will learn by active engagement during the training seminar through the use of seminar materials, exercises, videos and group discussions on “real life” issues. Procurement management knowledge, skills, tools and techniques are taught through case studies, experiential exercises and practical examples that can be used immediately to improve your procurement results.

Who Should Attend?

Professionals interested in furthering their leadership and procurement management skills would benefit from this training seminar. It will also be beneficial to:

  • Managers and leaders involved in major global sourcing activities
  • Finance professionals involved with major capital expenditure projects
  • Senior Procurement Professionals
  • Project Managers
  • Contract and Procurement Managers
  • Senior buyers
  • Commodity procurement specialists

SEMINAR OUTLINE

DAY 1

Procurement Leadership

  • Perceptions of leadership in the field of procurement
  • Management versus Leadership
  • Transformational leadership in procurement
  • The leadership challenge: balancing strategy and culture
  • Leadership in strategic thinking organisations
  • Understanding the interrelated factors that impact procurement

DAY 2

Aligning Procurement to Organisational Strategy

  • Participating in the Strategic Implementation Planning Process
  • Recognizing and interpreting forces in the strategic environment
  • Strategic implementation tools and frameworks
  • Analysing and prioritizing strategic sourcing issues
  • Harnessing uncertainty and risk
  • Converting Strategy into Action

DAY 3

Cost Awareness and Financial Impact Along the Value Chain

  • From Strategic Planning to the Operating plan
  • Budgeting and costing along the value chain
  • Fixed vs variable costs
  • Contribution Margin
  • Direct vs indirect costs
  • Performance measurement and impact on the bottom line

DAY 4

Global Sourcing and Critical Procurement Strategies

  • Defining Procurement Excellence
  • Definition of Sourcing Strategy and Critical Supply Strategies
  • Tactical versus Strategic Sourcing
  • Developing the Strategic Procurement Plan
  • Using international supply chains for competitive advantage
  • Developing a framework for managing contract risk

DAY 5

Developing and Maintaining Long-term Supplier Relationships

  • Implications on supplier selection procedures
  • Turning vendors into partners
  • Relationship management – suppliers and stakeholders
  • Performance improvement metrics
  • The Service Level Agreement framework
  • Applying the right incentives for the right outcome

Quality Logo

GLOMACS is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.

 

All Training Seminars delivered by GLOMACS by default are eligible for CPE Credit.

Quality Logo

GLOMACS is proud to be an approved Registered Education Provider (R.E.P.) with PMI®. As an R.E.P. GLOMACS is qualified to issue applicable Professional Development Units (PDUs) to participants of any of its PMI® registered/approved seminars where one (1) PDU is equivalent to one (1) contact hour of training.

(REP logo, PMI & PMP are registered trademarks of Project Management Institute, Inc.)

Quality Logo

GLOMACS is an ILM Approved Centre (Centre ID # 002398A) and offers a number of approved Management and Leadership seminars fully endorsed by ILM as well as ILM Qualifications or VRQs. Participants who intend to obtain ILM Endorsed and Qualification certification (aside from GLOMACS Certificate of Completion) would be required to complete a kind of assessment after the conclusion of any ILM Endorsed Seminar or ILM Qualification or VRQs.



© 2017. Material published by GLOMACS shown here is copyrighted.
All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.

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Tel : +971 - 04 - 425 0700, Fax : +971 (04) 425 0701, Email : info@glomacs.ae

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