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The Complete Course on e-Procurement & Purchasing Management

Understanding the End to End Process of Procurement

Course Options

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This training course is split into the following modular components:

MODULE I The Complete Course on e-Procurement
MODULE II The Complete Course on Procurement Strategy Management

This comprehensive course consists of two modules that can be attended as a full 10-Day event or as separate 5-day courses.

Why Choose Us

The Complete Course on e-Procurement &  Purchasing Management Training Course is designed to provide you with in-depth knowledge of e-procurement systems and strategic purchasing management. As businesses increasingly shift to digital platforms for procurement, mastering e-procurement is essential to achieving cost savings and operational efficiency. This course not only helps you implement an e-procurement system but also enables you to lead your procurement team to deliver world-class results.

In this comprehensive training course, you will explore how to establish an effective e-procurement system, identify the stages of its implementation, and manage it for maximum efficiency. You'll also learn the critical skills needed to bridge performance gaps within procurement management, ensuring continuous improvements. With an ‘MBA-level’ experience, this course includes rich content, expert instruction, practical discussions, and team exercises. It's the ideal training for those seeking to optimize procurement processes within their organization.

By attending this course, you will gain valuable insights into the latest e-procurement practices, helping you drive cost-effective solutions that align with your company's strategic goals. Whether you're a business leader or a procurement specialist, this training equips you with the tools to enhance both operational and financial performance.

Why Choose The Complete Course on e-Procurement & Purchasing Management
Course Goals

What are the Goals?

By the end of The Complete Course on e-Procurement &  Purchasing Management Training Course, participants will:

  • Understand the key principles of e-procurement and its significance
  • Gain the skills to design and implement an e-procurement system within your organization
  • Learn strategies to improve internal customer service through procurement management
  • Master strategic purchasing plans and their role in achieving organizational objectives
  • Gain insights into supplier performance evaluation and selection methods
  • Learn how to manage procurement systems effectively
  • Explore various methods to report on and measure key performance indicators (KPIs)
  • Understand negotiation tactics and apply them to procurement processes
  • Identify critical competencies for procurement personnel and how to develop them

Who is this Training Course for?

The Complete Course on e-Procurement &  Purchasing Management Training Course is designed for professionals involved in procurement, purchasing, and supply chain management. This course is particularly beneficial for:

  • Purchasing, procurement, and supply management professionals
  • Finance and operations managers involved in procurement processes
  • Leaders and managers tasked with implementing or overseeing e-procurement systems
  • Professionals in charge of evaluating tenders, contracts, and purchases of goods and services
  • Anyone responsible for developing procurement strategies or managing procurement departments

This course is ideal for individuals looking to advance their skills in digital procurement and elevate their purchasing management capabilities.

Learning Approach

How will this Training Course be Presented?

The Complete Course on e-Procurement &  Purchasing Management Training Course will be delivered through a dynamic mix of learning techniques. These include lectures by seasoned practitioners with real-world experience, interactive group exercises, and insightful group discussions. These methods ensure that participants not only understand the theoretical concepts but also apply them practically.

Training Presentation Methods:

  • Expert-led lectures from industry practitioners
  • Group exercises focused on current procurement practices
  • Real-life case studies and application of new concepts
  • Group discussions to foster practical understanding and problem-solving

By the end of the course, participants will have a comprehensive understanding of e-procurement systems and strategies, ready to implement them within their own organizations.

The Course Content

MODULE I

The Complete Course on e-Procurement

Traditional Procurement Procedures
  • Procurement in the organization
  • Strategic sourcing
  • Supplier evaluation and performance
  • Apply performance to procurement decisions
  • What is e-procurement
  • Pre-requisites for developing an e-procurement system
e-Procurement Development
  • Steps in developing an e-procurement system
  • The capabilities of e-procurement
  • Developing an e-procurement internal customer ordering and approvals system
  • Developing an e-quotation preparations system
  • Developing an e-quotation evaluation system
  • Developing an e-purchase order system
e-Procurement Models and Negotiation
  • E-Procurement business models
  • Avoiding confrontational negotiating
  • New techniques in influencing
  • Understanding the other negotiator’s power
  • Negotiating pressure points and countermeasures
  • Negotiation exercises
e-Procurement Management
  • E-procurement workflows
  • E-procurement processes
  • Managing an e-procurement system
  • E-procurement hardware and software
  • E-procurement user administration
  • E-procurement
Organizational Improvement through e-Procurement
  • Integrating e-procurement systems into the business process
  • Integration issues
  • E-procurement and contract law
  • Contracts and electronic signatures
  • Contract formation and e-trading
  • Making changes in the organization
MODULE II

The Complete Course on Procurement Strategy Management

Steps to Becoming World Class
  • What World Class Procurement Departments do differently
  • Category Management & Strategic Sourcing
  • The Kraljic Matrix
  • Winning Procurement Competencies
  • Build a Solid Business Case
Evaluating Your Own Operation
  • Procurement Gap & Benchmarking Analysis
  • Spend & Opportunity Analysis
  • Developing the Procurement Department Strategic Plan
  • Developing Key Performance Indicators (KPI) For Procurement
  • Material Chain Management
Continuous Improvement Roadmap
  • Key Enablers of Procurement
  • Agile Procurement
  • Supplier Pricing and Managing Price
  • Cost Reduction Strategies
  • Digitalisation
Supplier Management Approaches
  • Supplier Classification System
  • Supplier Qualification Methods
  • Supplier Performance Metrics
  • Managing Procurement Risks
  • Contract Management
Improving the Image of Procurement
  • Global Sourcing
  • Market Intelligence
  • Stakeholder Management
  • Ethics & Corporate Social Responsibility
  • Keeping Current in the profession
Recognition

Certificate

  • • Wallstreet Development Academy Certificate of Completion for delegates who attend and complete the training course.
Collaborations

In Partnership With

Anderson Copex Coventry