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LSSBI Advisory
Procurement & Vendor Management
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Course sections

Section 1
Day 1
1
Understanding the impact of industry and market analysis on the procurement
2
How to set-up or optimize existing procurement systems, processes, policies and structures
3
Procurement Department Human Resource(Competency/capacity/composition)
4
Core Procurement principles /Ethics
5
The procurement/sourcing cycle
6
Buying through the LOWEST Total Cost of Ownership Approach
7
Fundamentals of strategic sourcing- low cost country sourcing, modeling of suppliers relevance/ selection. The how and why? What are the drivers of various strategies
Section 2
Day 2
1
Procurement
2
Logistics network design and optimisation
3
Role of warehousing
4
Supply Chain Performance Measurement
Section 3
Day 3
1
Supplier Base Selection-Why and How?/Supplier Appraisal
2
Types of sourcing and application-single sourcing/delegated sourcing/multiple sourcing
3
Global Sourcing: multinational sourcing strategies and application
4
Managing procurement information management system
5
Case Studies

Day 1

Fundamentals of strategic sourcing- low cost country sourcing, modeling of suppliers relevance/ selection. The how and why? What are the drivers of various strategies

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Day 1 Buying through the LOWEST Total Cost of Ownership Approach
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Day 2 Procurement
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