What You Will Learn :
- Understanding demand and the Scope of Work.
- Initiating and executing a Request for Proposal (RFP).
- Social Leadership, Change Management and Communication elements.
- Practice and/or review of worked out examples.
The journey to Supply Chain resiliency often starts with the Procurement function within an organization. The role of procurement is one that directly affects the EBITDA and decisions made during the buying process can positively or negatively affect cash flow and cost management.
The role has taken particular importance because of COVID-19 where organizations are investing to understand and retool in an effort to better prepare for future challenges.
The objective of this course is to provide a guide on the acquisition process or simply put “the act of buying”. The course will review the acquisition procedure and the defined steps within planning, executing and closing to allow for an efficient process that delivers value and sets the organization up for success (i.e. better suppliers, lower risk and contract management).
What is the Acquisition Procedure?
The acquisition procedure is a process to understanding demand, creating a strategy, executing the RFP, negotiating and awarding a contract. Depending on the criticality of the spend – this procedure can be customized, however the principal concepts remain the same.
What else is covered in addition to the acquisition procedure?
As stated above, the procurement function communicates with almost every area within an organization and as such the course also includes key aspects of Social Leadership, Change Management and Communication. This is a starting point for building quality focus competencies. The intent is to provide basic awareness to analysts, leaders and managers so they can ask the right questions and implement change through effective communication.
An experienced “Analyze and Improve” trainer consultant will deliver the training.
Who is this course for?
This course is designed for procurement analysts and managers, who have direct or indirect responsibility for strategic sourcing, setting up an RFP and overall operational improvement.