Overview:

During the last few years, we have seen great reliance on Strategic Sourcing, with organizations identifying extreme cost savings in their supply networks. It can be termed more of a transformational process. Strategic Sourcing has been leveraged as a positive means for identifying new business opportunities, developing meaningful supplier relationship and driving the necessary cost savings.

Strategic sourcing enhances efficiency and value, ultimately impacting the profitability of your entire organization. In this program, you’ll learn how to develop and implement a procurement strategy that aligns with your overall competitive strategy.

Program Content:

• Overview of Strategic Sourcing & Supply Management.
• Overview of Category Management
• Understand the value of Strategic Sourcing.
• Key elements of Strategic Sourcing Solution.
  • Spend Analysis
  • Sourcing Strategy
  • Contract Management
  • Supplier Management
• Common Challenges in implementing Strategic Sourcing.
• Best Practices to enable successful adaptation of SS
• Your road-map forward.

Program Takeaways:

By the end of the program, delegates will be able to:

• Awaken to the role of procurement and how it can best contribute strategically to the business
• Examine critical areas of procurement capability for development and change
• Understand and develop effective procurement metrics
• Familiarize them with the procurement benchmarking model
• Gain insights to heighten strategic procurement excellence

Who should attend?

Procurement & Business Executives who have functional and/or responsibility for procurement’s value contribution to the business and who wish to explore best practices for performance escalation.

Highlights of the Training Program:

• Knowledge transfer approach
• Interactive classroom session
• Experienced Trainer
• Free ISM-INDIA annual membership
• Earn 7 CEH (Continuous Education Hours) for recertifying (CPSM) certification.

Fee

For ISM Members: ₹ 7000/- (Including GST)

For Non-Member: ₹ 8000/-(Including GST)

Trainer’s Profile: 

Krishan K. Batra is President & CEO of ISM-INDIA. He brings over 40 years of procurement & supply chain experience in the private and UN organizations. In his last assignment he was chairperson of the advisory committee overseeing procurement worldwide and has trained staff in most of the countries. He was the lead expert to implement ERP system and strategicsourcing for procurement activities. He has to his credit the development of coding system i.e. UNSPSC which is world standard for coding goods and services. After his relocation to India he is actively involved in building professional capacity in SCM of many large companies.

Krishan has M.Tech from IIT Delhi and MBA from Syracuse University, USA.

*Note:

• Early birds (i.e. Individual registration before 10th January 2018) receive a discount of 10%
•  Corporate discount for sponsoring more than 5 participants is 10%