Procurement and Supply Chain
Strategic Cost Management
Strategic cost management is the process of analyzing and controlling costs in a way that supports a company’s long-term strategic goals. This approach involves more than just cutting costs or reducing expenses, but rather focuses on maximizing the value a company receives for every dollar spent.
Strategic Procurement Management
Effective strategic procurement management requires a range of skills, including market analysis, financial analysis, risk management, negotiation, and supplier relationship. It involves working closely with other functions within the organization to ensure that procurement activities align with the overall business strategy and objectives.
Basics of Supply Chain Management
Supply chain management (SCM) is the planning, design, implementation, and control of the flow of goods, services, and information from the point of origin to the point of consumption. The goal of SCM is to maximize customer value and achieve a competitive advantage through the optimization of the entire supply chain.
Negotiation
The goal of negotiation training is to improve your ability to reach mutually beneficial agreements and build positive relationships with others. This training is a process of learning the skills and strategies required to negotiate effectively in various situations, such as business deals, and conflict resolution etc.
Certified Purchase Professional
A Certified Purchasing Professional (CPP) is a professional designation awarded to individuals who have demonstrated knowledge and skills in the field of purchasing and supply chain management. The CPP designation is recognized in the industry as a mark of excellence.
Stock Control & Inventory Management
These two interrelated concepts that refer to the processes involved in managing the flow of goods and materials in a business. Both are essential components of functioning supply chain and play a critical role in ensuring that a business has the right amount of stock on hand.