This program provides a practical introduction to strategic procurement and purchasing, emphasizing their vital role in enhancing organizational performance and profitability. Participants will explore key processes, objectives, and strategies within supply chain management, while also developing essential negotiation skills to secure better deals and manage conflicts effectively. Designed for professionals in manufacturing and related industries, the program focuses on building a strong procurement team for improved collective results. This HRD Corp (HRDC) Claimable Course (Previously Known as SBL-Khas) Is Delivered by a Penang-Based Training Provider Registered with HRD Corp (Formerly Known as HRDF), Specializing in Corporate Skills Development and Workforce Upskilling Across Malaysia. 100% HRD Corp Claimable | Penang Training Provider | Corporate Training Malaysia
DAY 1
Module 1: Understand SCM Concept
SCM Definition
Overview of SCM Concept
The Essence of SCM
Lunch
Module 2: Strategic Procurement & Purchasing (I) - Fundamental
Definition of Procurement & Purchasing
Definition of Strategic & Tactical
Strategic & Tactical Role of Procurement
Categories of Materials
Processes Overview
Focus in 7Rs
Supplier Lifecycle
Module 3: Strategic Procurement & Purchasing (II) - Risk of Fraud & Professionalism
Types of Procurement Fraud
Policy & Procedures
Professionalism & Ethics
DAY 2
Module 4: Strategic Procurement & Purchasing (III) - Challenges & Strategies
Total Cost of Ownership
Potential Challenges
Strategies Overview
Early Involvement
Variety Reduction (VR)
VMI & Consignment
Postponement Strategy
Lunch
Module 5: Strategic Negotiation Skills (I) - Potential Power
The Balance of Power
Negotiation Objectives
Develop Checklist
Examine Position
BATNA
The Supply Positioning
Supplier Perception Model
Win-Win Negotiation
Module 6: Measuring & Evaluating Performance
The Performance Equation
Key Performance Indicators
