Supply Management And Procurement

Procurement is a competitive tool that can make or break a company’s ability to win in the marketplace; one of the most difficult challenges in aligning the supply chain is to determine the value required from the supply base, in terms of capabilities, to provide the desired end customer value, as the procurement function is positioned furthest upstream from the customer. Therefore, the relative costs and benefits associated with different procurement and supply management decisions need to be determined to ensure alignment with the overall value creation strategy.

Contents

  1. Basic Purchasing and Supply Management Basics.
  2. How Purchasing Contributes to the Supply Chain.
  3. Procurement Contribution.
  4. The Evolution of Purchasing.
  5. The Strategic Procurement Process.
  6. Supplier Selection, Contract Negotiation, and Supplier Relationship.
  7. Management.
  8. Basic supplier selection process.
  9. Procurement Analysis.
  10. PROVEN WAYS TO MEASURE PROCUREMENT PERFORMANCE.
  11. Summary.

Related Courses

Strategic Implications of Supply Chain Management

Supply Chain Management is the business discipline responsible for buying everything an organization needs to function, converting it into…

read more
Demand and Supply integration

Demand and supply itegration begins with the inputs labeled “Demand Forecast” and “Capacity Forecast.” The demand forecast is the firm’s best….

read more
Supply Management And Procurement

Procurement is a competitive tool that can make or break a company’s ability to win in the marketplace; one of the most difficult challenges…

read more

Get certification of SCPro™ Fundamentals exams and SCPro™ level One from CSCMP

Open chat