Measuring Purchasing Performance

Logistics and Supply Chain

Course Info

Duration: 1 Week

Fees: 1,375

Available Dates

Fees

  • June-21-2021

    1,375

  • July-19-2021

    1,375

  • Aug-16-2021

    1,375

  • Sep-20-2021

    1,375

  • Oct-18-2021

    1,375

  • Nov-22-2021

    1,375

  • Dec-20-2021

    1,375

  • Jan-17-2022

    1,375

  • Feb-21-2022

    1,375

  • Mar-21-2022

    1,375

  • Apr-18-2022

    1,375

Course Details

Course Outline

5 days course

 

Measuring Purchasing Performance
 
  • The importance to procurement in internal customer relationships
  • Hidden costs of poor relationships
  • New types of relationship models in the commercial work
  • The importance of ‘Selling the function’

 

How the Procurement Operation Adds Value to the Organisation
 
  • Understanding the organisations’ strategies and how they develop competitive advantage
  • The link between corporate goals and procurement strategies
  • How procurement supports the achievement of the organisations corporate goals

 

Understanding and Managing Purchasing’ Key Stakeholders
 
  • Identifying the key stakeholders
  • Evaluating their view of procurement
  • Setting goals that turn internal customers on
  • Managing difficult stakeholders

 

Developing Key Performance Indicators and Service Levels
 
  • Negotiating achievable service levels
  • Developing balanced scorecards
  • Targets versus balanced scorecards

 

Some Current Best Practice Methods for Measurement of Performance
 
  • Price and cost performance
  • Supply base management
  • Supplier performance
  • Category management
  • Transaction cost measurement
  • Process measurement
  • Determining the procurement footprint