Course Overview
This intensive 5-day training course offered by IRES provides a comprehensive understanding of Strategic Sourcing and Procurement Management. Participants will gain practical knowledge in procurement strategies, supplier management, and contract administration. The course focuses on best practices, risk management, and performance evaluation to enhance efficiency in procurement processes.
Course Duration
5 Days
Target Audience
This course is ideal for professionals involved in procurement, sourcing, and supply chain management, including:
- Procurement Officers
- Contracting Officers
- Supply Chain Professionals
- Program Managers
- Individuals involved in the planning, evaluation, preparation, and management of purchasing, tenders, and contracts for materials, equipment, and services
Organizational Impact
- Enhanced ability to develop and implement strategic procurement initiatives
- Improved contract and supplier relationship management
- Reduced risks and inefficiencies in procurement processes
- Strengthened team expertise in sourcing and tendering best practices
- Greater compliance with procurement policies and regulations
Personal Impact
- Expanded knowledge of procurement strategies and risk management
- Increased confidence in handling tenders, contracts, and supplier relations
- Improved ability to monitor and manage performance failures
- Enhanced problem-solving skills in procurement and contract management
- Greater career opportunities in supply chain and procurement roles
Course Level:
Course Objectives
By the end of this IRES training seminar, participants will be able to:
- Develop and implement effective procurement and sourcing strategies
- Enhance their knowledge of best practices in tender documentation
- Identify key risk areas and apply strategies to mitigate them
- Improve contract and supplier relationship management
- Strengthen their ability to monitor and manage performance failures
- Gain confidence in resolving procurement-related disputes
Course Outline
Module 1: Defining and Implementing Effective Sourcing Strategies
- Understanding strategic sourcing principles
- Aligning procurement strategies with organizational goals
- Case Study: Analyzing sourcing strategies in real-world scenarios
Module 2: Strategy Development and Commodity Management
- Commodity classification and category management
- Evaluating supplier capabilities and market trends
- Case Study: Developing a commodity sourcing strategy for an organization
Module 3: Sourcing Path Selection
- Competitive tendering vs. collaborative supplier development
- Selecting the right procurement approach for various business needs
- Case Study: Comparing sourcing paths in different industries
Module 4: Leveraging Supply Management Tools and Techniques
- Procurement process optimization and automation
- Cost reduction techniques in procurement
- Case Study: Improving supply chain efficiency through strategic procurement
Module 5: Supplier Performance and Quality Management
- Establishing supplier key performance indicators (KPIs)
- Managing supplier relationships for long-term value creation
- Case Study: Assessing and improving supplier performance in an organization
Related Courses
Course Administration Details:
Methodology
These instructor-led training sessions are delivered using a blended learning approach and include presentations, guided practical exercises, web-based tutorials, and group work. Our facilitators are seasoned industry experts with years of experience as professionals and trainers in these fields. All facilitation and course materials are offered in English. Participants should be reasonably proficient in the language.
Accreditation
Upon successful completion of this training, participants will be issued an Indepth Research Institute (IRES) certificate certified by the National Industrial Training Authority (NITA).
Training Venue
The training will be held at IRES Training Centre. The course fee covers the course tuition, training materials, two break refreshments, and lunch. All participants will additionally cater to their travel expenses, visa application, insurance, and other personal expenses.
Accommodation and Airport Transfer
Accommodation and Airport Transfer are arranged upon request. For reservations contact the Training Officer.
- Email: [email protected]
- Phone: +254715 077 817
Tailor-Made
This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our IRES Training Centre or at a convenient location. For further inquiries, please contact us on:
- Email: [email protected]
- Phone: +254715 077 817
Payment
Payment should be transferred to the IRES account through a bank on or before the start of the course. Send proof of payment to [email protected]
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