Wednesday, June 19, 2013

STRATEGIC PROCUREMENT, SOURCING AND RELATIONSHIP MANAGEMENT JULY 1-3,SINGAPORE

It is a traditional and still widely held view that procurement activities are a ‘cost’ to an organization. This perception is based on the fact that the activity is concerned with spending money. Enlightened thinking is that far from being a cost center, procurement, when managed strategically, is actually the opposite, it is a ‘value center’.

No organization can be expected to sell its goods or services profitably if it cannot make the right acquisition decisions. It can be shown that in many companies, an improvement in procurement performance of less than 2% will lead to a similar contribution to profitability as would be generated by a 20% increase on sales.

Such improvement might begin with the adoption of more efficient procurement procedures, but for substantially improved performance there needs to be a strategic, rather than simply operational, emphasis. This program will assist managers in achieving and maintaining a strategic role for procurement.

Strategic approaches require a recognition that any organization is interdependent with its suppliers and customers in the supply chain, and that appropriate relationships with them are necessary.

This program is highly practical and will be delivered with an emphasis on participation, and a range of learning experiences including presentations, videos, business games and simulations. There will be group work on case studies, 


Professor David Jessop BA FCIPS FILog has been involved in international business for more than 30 years and has coached business leaders in more than 30 countries. He holds qualifications in business, consultancy, training and NLP(Neuro-linguistic programming). He is passionate about people and their development.

With a background in multi-national corporations, he has been involved at senior management level in strategy development, financial management and corporate transformation. His company provides assistance in the areas of leadership, strategy, performance management and KPIs, people development, creativity and innovation, emotional intelligence, influencing and persuasion.


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