The 5-Day Purchasing MBA
This intensive program offers a deep dive into all aspects of modern purchasing and procurement. Participants will gain a strategic understanding of procurement, supplier management, contract negotiation, and cost optimization, equipping them with the tools needed to excel in purchasing roles.
Objectives
By the end of this program, participants will be able to:
- Develop and implement strategic procurement plans.
- Master negotiation techniques for contracts and supplier agreements.
- Analyze and optimize purchasing processes for maximum efficiency.
- Manage supplier relationships and mitigate procurement risks.
- Apply leadership skills to drive procurement success.
Who Should Attend?
- Procurement professionals aspiring to leadership roles
- Supply chain managers and strategic buyers
- Business leaders involved in purchasing decisions
- Anyone seeking a comprehensive understanding of procurement management
Course Outline
Day 1: The Role of Purchasing in Business Strategy
- Aligning procurement with organizational goals
- The impact of purchasing on profitability and growth
Day 2: Advanced Negotiation and Contract Management - Negotiating contracts that deliver value and minimize risk
- Managing contracts for compliance and performance
Day 3: Supplier Relationship and Performance Management - Building strategic partnerships with suppliers
- Evaluating and improving supplier performance
Day 4: Cost Control and Value Creation in Procurement - Techniques for cost reduction and process optimization
- Driving innovation and value through strategic sourcing
Day 5: Leadership in Purchasing and Procurement - Leading procurement teams and managing change
- Future trends in procurement and supply chain management