Strategic Procurement Management

Programme description & objectives

Programme description & objectives The purchasing profession has been treated as an afterthought in companies for far too long. Leveraged properly, the strategic procurement management functions of an organization can result not only in improved cost savings, but also innovation in product design, kan-ban practices, supply-on-location deliveries, which can all result in improved quality, reduced lead times, and an ever-improving bottom-line. This program is structured to explore and exploit initiatives that are targeted to assisting organizations increase their competitiveness by reducing throughput time, reducing lead times, increasing capacity, reducing costs, increasing flexibility, reducing inventory, and increasing quality, through the selection and implementation of the right purchasing and outsourcing strategies.