Supply Management is about buying the right thing, at the right time, at the right quality, at the right price, from the right supplier, in the right way.  In order to do these steps “right” requires skillsets in many analytical techniques. This fast-paced program covers many of the basic analytics that purchasing and contract personnel use to obtain maximum value for their organizations.

• Contracts, Purchasing, Procurement Personnel, Supply Management
• And all others who are involved in the planning, evaluation, preparation and management of purchasing, tenders, and contracts that cover the acquisition of materials, equipment, and services, and who are in organizations whose leadership want high levels of competency in those involved in these activities.  

• Upon completion of this seminar, participants will know:
  • Over 50 potential Key Performance Indicators (KPIs) for purchasing operations
  • The value of Producer Price Indexes
  • 6 Steps in developing a Purchase Price Index
  • Analytics for supplier segmentation
  • Cost estimating relationships 
  • The analytics of evaluating supplier prices 
  • Developing “Should Costs”

The organization will benefit by:

• Reduced total cost for purchased goods and services 
• Greater focus on strategic sourcing issues 
• Better analytics to support procurement decisions and strategies
• Improved supplier selection and performance criteria
• A greater level of professionalism and skills in those involved in the purchasing and contracting process

Attendees will gain by participation in this program as a result of:

• Increased skill sets in analytical processes 
• A greater sense of confidence and professionalism
• Applying increased skills in all phases of the procurement process
• Greater ability to develop best practices supply management strategies
• Increased recognition by the organization due to improved performance 

Day 1

• 8:45 AM Registration
• 8:55 AM Welcome Remarks
• 9:00 AM Workshop/Training Starts
• 10:45 AM Morning Coffee Break
• 12:30 NN Lunch
• 1:30 PM Training Resumes
• 3:30 PM Afternoon Coffee Break
• 5:00 PM End of Training

Day 2

•  9:00 AM Workshop/Training Starts
• 10:00 AM Morning Coffee Break
• 10:15 AM Training Resumes
• 12:00 NN Lunch
• 1:00 PM Training Resumes
• 2:30 PM Afternoon Coffee Break
• 2:45 PM Training Resumes
• 5:00 PM Q & A and End of Training