Introduction

Strategic Procurement is an interesting field of study in the broader context of Supply Chain Management and more specifically the Purchasing Function. Globally, Strategic Procurement has taken on significant importance at Board and Executive levels as organisations and businesses clearly see the long-term sustainable benefits of implementing Strategic Procurement instead of a transactional routine approach to procuring goods and services used in the execution of its business activities.

This short course is intended to introduce learners to the concepts and principles of Strategic Procurement and for learners to be able to apply these concepts and principles in real-world situations, which may include organisational procurement functions; business strategies; strategic initiatives to optimise costs; improve efficiencies; and even in personal and family spending or buying behaviours. 

In this short course, we will understand how Strategic Procurement and Supply Chain Management inter-relate with each other; what does a Strategic Procurement Framework look like; what processes do we use to execute Strategic Procurement; how do we measure Strategic Procurement success; and lastly what are the global trends and future-view of Strategic Procurement.

Who Should Enrol

Anyone with an interest in strategic procurement.

Learning Outcomes

On completion of this short course, you should be able to do the following: 

  • Define the key aspects of supply chain management and strategic procurement.
  • Describe the impact of Supply Chain complexity and how it directly affects Strategic Procurement.
  • Describe the focus areas of supply chain management and how they inter-relate with one another. 
  • Describe the SCOR process flows and how they inter-relate with Strategic Procurement.
  • Describe the key concepts and principles of Strategic Procurement. 
  • Describe what the Future of Strategic Procurement could look like. 
  • Explain the future aspects of agility, technology and tech-savvy talent. 
  • Describe the Strategic Procurement Framework.
  • Analyse the process steps of the Strategic Procurement Framework.
  • Discuss the measures of success in Strategic Procurement.

Course Content

This short course consists of three modules. These three modules are listed below: 

Module 1: Overview of supply chain management and its inter-relatedness with strategic procurement.

Module 2: What is Strategic Procurement?

Module 3: A Framework and Processes for Strategic Procurement.

Assessment

Participants are required to work through the multimedia content, complete the associated activities and assessment questions after each module. On passing all the assessments participants will earn a completion certificate awarded by Foundation for Professional Development (FPD), a registered Private Institute of Higher Education.

Course Duration

This course could take up to 12 hours to complete, participants are provided with access to complete the course in a maximum of three months. 

Certification

FPD will award successful participants with a completion certificate on passing the assessments. 

Course Fee

R4050.00 (inclusive of VAT).

Contact

For more information or to register, please contact:

shortprog@foundation.co.za




COURSE
R 4,050.00 (incl VAT)

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