OVERVIEW
When COVID hit, companies had to address a series of procurement challenges – sourcing the services and goods required to keep people safe as global supply lines failed. Experts from around the world discussed what went well, what failed, and how commercial professionals can respond more effectively during the next crisis. The main challenge is working at very short notice and in the face of intense global competition.
BENEFITS OF ATTENDING
- Understanding Procurement Risk and Crisis Management
- Understanding the Pre- and Post-Covid Procurement Challenges
- Understanding post-covid Procurement risk mitigation strategies
WHO SHOULD ATTEND?
This course is important for managers, supervisors, executives and team leaders in all vocational operation areas within the organization, such as Supply Chain, Procurement, Contracting, Project and Financial management.
COURSE MODULES
- The pre-Covid procurement norms
- Supply Chain and Supplier Relationship Management
- Supply Positioning and Kraljic grid for Purchasing Decision making
- The sourcing cycle
- Influence of Market Economics
- The Total Cost of Ownership concept
- Understanding Risk Management in Procurement
- The current procurement challenges
- The 6 stages of Crisis
- Understanding Crisis Management
- Difference between Crisis and Risk Management
- Supply Crisis forces
- Supply PESTLE analysis
- The current Post Covid Challenges
- Seven challenges facing procurement
- Emphasis on Digital Procurement
- Mitigation strategies related to supply chain challenges during COVID-19 and post-COVID-19
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