An Intensive 5-day Training Course
Strategic Purchasing & Supply Management
Cost/Price Analysis, Value Analysis & Total Cost of Ownership Concepts
UPCOMING SESSIONS
| Date | Venue | Fee | |
|---|---|---|---|
| 24-28 Nov 2025 | Online | $3,950 | RESERVE A SEAT |
| 30 Mar-03 Apr 2026 | Online | $3,950 | RESERVE A SEAT |
| 13-17 Apr 2026 | Online | $3,950 | RESERVE A SEAT |
| 01-05 Jun 2026 | Online | $3,950 | RESERVE A SEAT |
| 23-27 Nov 2026 | Online | $3,950 | RESERVE A SEAT |
Training Course Overview
This Strategic Purchasing & Supply Management training course guides participants through the process of developing and implementing effective strategies for procuring goods, parts, equipment, and services. The goal is to lower operating costs while enhancing quality and productivity. As supply chain management gains prominence, the role of purchasing has evolved from a routine buying function into a key component of strategic business planning.
In today’s highly competitive environment, organizations are rethinking how they manage suppliers and their supply networks. Purchasing is now seen as a strategic asset, crucial for building collaborative relationships that give firms a competitive edge. The value derived from supplier relationships depends heavily on how those relationships are managed. Therefore, having a strategic purchasing mindset is not enough—companies must also foster environments where both buyers and suppliers can actively contribute and strengthen their partnerships. A variety of supply management practices support and enable this collaboration.
Training Course Objectives
By the end of this training course, delegates will be able to:
- Set Strategies for Procurement
- Build a Distinctive Capability in Strategic Purchasing
- Evaluate Purchasing Key Liaison Role Between External Suppliers and Internal Organizational Customers
- Improve Profitability by Controlling Total Costs
- Examine Sustainable Competitive Advantage by Enabling a Firm to Build and Leverage Beneficial Inter-Organizational Relationships
Designed for
This training course is suitable to a wide range of professionals but will greatly benefit:
- Purchasing, Procurement, Contracts, Contract Administration, Projects Personnel
- All Others Who are Involved in the Planning, Evaluation, Preparation and Management of Purchasing and Contracts that Cover the Acquisition of Materials, Parts, Equipment, and Services and Who Are in Organizations Whose Leadership Want High Levels of Excellence in Those Involved in These Activities
Learning Methods
This training course will utilize a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. Participants will gain detailed knowledge by active participation in seminars, group discussions and real life case studies.
The Course Outline
- Defining the supply management mission and vision
- Stages to world class Supply Management
- Becoming more strategic in procurement
- Supply Management skill sets
- Developing the Spend analysis
- The ABC (Pareto) analysis
- Supplier Pricing models
- Defining Cost and Price analysis
- Methods of Price analysis
- Working with Producer Price Indexes
- Developing the Organization’s purchase price index
- Estimating Cost in relationships
- Methods of Cost analysis
- Major elements of Cost
- What and how important are Supplier overheads
- Sources of cost information
- Analysing Supplier cost breakdowns
- Global Industrial Labour Rates
- Working with Currency Exchange Rates
- Cost Volume Profit Analysis
- Fixed and Variable Costs Defined
- Defining Value Analysis
- Checking Supplier Value
- Changing Supply Management
- Defining TCO
- Barriers to TCO
- Approaches to TCO
- Total Cost Modelling of the Supply Chain
- Implementing TCO
The Certificate
- Anderson Certificate of Completion will be provided to delegates who attend and complete the course
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How can I register for a training course?
There are several convenient ways to register for our training programs:
- Online: Explore our training calendar, choose the course that suits your needs, and click the “Register Now” button on the course details page.
- Email: Share your details, including your name, organization, email address, and selected course, by sending an email to [email protected]
- Phone: Reach out to us directly at +971 4 273 3503, and our team will guide you through the registration process.
When will I receive confirmation of my registration?
Once your registration is successfully completed, you will receive a confirmation email within 24 hours. This email will contain your registration details, invoice, and the necessary joining instructions for the course.
What does the training fee cover?
Where are your training courses held?
Our training programs are hosted at luxurious five-star hotels in prestigious destinations across the globe. Some of our popular locations include Dubai, London, Kuala Lumpur, Amsterdam, New York, Paris, Vienna, and many other iconic cities.
Can I request customized corporate training?
Yes, we offer tailored corporate training solutions to meet your organization’s specific needs. Please contact us at [email protected] or call +971 4 273 3503 for more information.
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