Managing Procurement and Supplies
Your purchasing must meet operational needs without losing sight of costs and risks. Structure requirements, supplier selection and the monitoring of commitments. Strengthen your ability to coordinate supplies and explain your decisions to stakeholders.
- Duration
- 4 days 28 hours
- Code
- SUPC014FR Code
Presentation
Today's procurement and supply function requires fundamental skills to contribute significantly to a company's success. It is essential to develop expertise in purchasing, taking cost, quality and delivery times into account. Likewise, the ability to manage supplies effectively so that products are available when needed requires a thorough understanding of every aspect of this role.
This 4-day course aims to give professionals starting out the methods and tools needed to work effectively in a procurement or supply department. The programme covers the fundamental principles and practices of the function through 7 comprehensive lessons.
A balanced learning approach combining theoretical presentations, experience sharing and practical group work encourages interactive learning.
Objectives
By the end of this procurement and supply course, you will be able to:
- Manage supplies and purchasing within a company according to needs and market conditions.
- Understand the role of procurement and supply.
- Analyse purchasing needs in relation to operations.
- Find the right suppliers and supply channels.
- Master methods and tools to streamline supplies and purchasing.
- Comply with applicable purchasing standards, including internationally.
- Organise inventory.
Program
1. Clarifying procurement challenges
- Procurement in general.
- The financial dimension of procurement.
- The strategic dimension of procurement.
2. Defining purchasing needs
- What is a need?
- Functional and technical specifications.
- Types and categories of needs.
- Expressing requirements.
- Developing specifications.
3. Taking the market into account in procurement management
- Market size, trends and structure.
- Strengths and weaknesses of market analysis.
- Procurement marketing.
- Benchmarking.
4. Optimising purchasing
- Segmenting the purchasing portfolio.
- ABC analysis and the Pareto principle.
- Different types of orders.
- New purchasing techniques.
- Shortlisting and selecting suppliers.
5. Following processes and standards
- Standards requirements.
- Market prices.
- Receiving goods and checking invoices.
- Incoterms.
- Choosing the payment currency.
6. Managing supplies and inventory
- Supply in general.
- The mission of the supply function.
- Supply management:
- The concept of supply.
- Supply security and quality.
- Supply stages.
- Replenishment methods.
- Theoretical and methodological foundations of supply and replenishment.
- Elements of computerised inventory and supply management.
7. Managing materials inventory
- Preliminary analysis of consumption and inventory.
- Inventory management.
- The functions of inventory.
- Inventory valuation methods.
- Approaches to the warehousing function.
- Managing stocktaking.
Audience
This course is intended for:
- Anyone starting out in procurement and supply, such as buyers, purchasing assistants and procurement managers.
Prerequisites
No specific skills or professional experience are required.
Teaching and assessment methods
- Initial skills assessment
- Training materials provided to participants
- Continuous assessment throughout the course
- End-of-course feedback questionnaire
- Combination of theory and practical application
- Attendance records
- Post-course follow-up evaluation
- Practical exercises
Course highlights
Theoretical lessons supported by practical group work and experience sharing.
Dates and sessions
Choose the date and delivery format that suit you.
No upcoming sessions are currently available.
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