The Institute of Governance Studies (IGS), BRAC University is going to offer Professional Training Programme on Procurement and Supply ChainTraining Title: Strategic Procurement
Is Procurement Really Strategic:
Traditionally, procurement has always been viewed as an operational activity. It is only in recent years that the value of purchasing and supply management has been recognized and this recognition has given it a place in the boardroom. Most organizations now develop procurement and supply strategies that help support and implement the overall corporate strategy.
Strategic procurement is not just a fancy name for purchasing or cost reduction. Instead, Strategic procurement is the process of “planning, implementing, evaluating, and controlling strategic and operating purchasing decisions for directing all activities of the purchasing function toward opportunities consistent with the firm’s capabilities to achieve its long-term goals”. The purchasing function can play an instrumental role in supporting the firm’s strategic positioning & competitive advantage.
Tactical procurement is typically a subset of activities and processes within the strategic purchasing approach.
Strategic procurement is an integral part of a wider business strategy to improve profitability and, in turn, shareholder value. It is directly linked and specific to the business, and illustrates opportunities within the supply base to either reduce cost or increase the value of products or services required by the business.
Objectives of this Training:
After completing this two day-long course, participants will be able to know:
Strategic and tactical/transactional procurement (sourcing) process
The mix of expenditures that strategic procurement can be applied to
Critically compare the main models for the adaptation of strategic procurement, strategic sourcing
Assess supply market factors in the development of a strategic procurement
Supplier pre-qualification or criteria for supplier appraisal
Forming team with stakeholders for the sourcing process
The use of tendering : open, restricted and negotiated approaches to tendering
Develop selection and award criteria that can be commonly applied to the assessment of quotation or tenders
Risk management- an investigation into the risks faced by purchasing organization
Cost and Leveraging Strategies for Supply Professionals
Analyze the main technical & behavioral skills for the implementation of the approaches to strategic procurement
The application of relationship assessment for supplier development
Who Should Attend?
Supply Chain professionals who are involved with procurement. Individuals who want to learn the strategic procurement and develop their career in supply chain profession.
Fees structure:
The total cost of the programme is Tk.8, 000 which will have to be paid at the time of enrolment. Payment can be made by pay order cheaque in favor of BRAC University.
Important info:
Application deadline:May 11, 2013 (Limited seats- first come first serve basis)
Training duration:May 17-18, 2013 (Two- day)
Class time:10:00 am to 5:00 pm (1:00 pm- 2:00 pm Lunch break)
Training Methodologies:Power point presentation, Interactive Discussion, Exercise, Brainstorming, Case Studies & Experience Sharing.
Course Special:Certificate will be awarded to all participants. In addition handouts and refreshment will be provided.
Resource Person Profile:
Arafat Istiaque
Supply Chain Specialist
Mr. Istiaque has a handful work experience as supply chain professional in different industries which include Fortune top ten US based energy company, top ranking local and multinational pharmaceutical companies.
He has participated in foreign trainings on eSourcing, Negotiation & Influencing skills, Supply Market Analysis, Category Management, Strategic Supply Chain Cost Management from world class training and consultancy firms like Emptoris of IBM, Institute of Supply Management (ISM), A.T. Kearney, Anklesaria Group, and Watershed, USA.
He is a member of Chartered Institute of Purchasing & Supply (CIPS), UK and achieved Graduate Diploma in Purchasing & Procurement, Foundation Diploma in Purchasing & Supply and Advanced Diploma in Purchasing & Supply from CIPS. He is a course tutor of Level-6, Level-5 and Level-4 under The Chartered Institute of Purchasing & Supply (CIPS) offered by IGS, BRAC University Bangladesh
He obtained MBA from IBA, Dhaka University and B.Sc Engineering from Bangladesh University of Engineering & Technology (BUET).
Venue: Institute of Governance Studies, SK Center (5th – 7th Floor), GP, JA-4, TB Gate,
Mohakhali, Dhaka 1212.
Contact:
Mridha Fuhad Ahmed
Training Manager
IGS, BRAC University
SK Center (5th – 7th Floor), GP, JA-4, TB Gate,
Mohakhali, Dhaka 1212
www.igs-bracu.ac.bd
Tel: +88-02-8810326, +88-02-8810306 Ext: 105, Cell: +88- 01710 183121 (Office time only)
Email: mridha@igs-bracu.ac.bd
For further information please visit the below link:
http://www.igs-bracu.ac.bd/education/professional-training/upcoming-trainings
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