Step 1
Step 2
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- LEC Team
Paris
Interactive learning will support participants’ understanding of key issues in strategic procurement planning, such as ethical factors, harmonising international standards, and monitoring and evaluation. By applying strategic planning tools throughout the training, participants will leave equipped to design and implement plans to streamline procurement processes whilst considering international standards, cultural and legal contexts.
Course Objectives of Strategic Procurement Planning
Write strategic procurement objectives and initiatives to support long term directions
Arrange 'spend items' into categories that support planning of go-to-market strategies
Apply demand forecasting techniques to improve planning of procurement activities
Generate vendor integration strategies to ensure supply security
Evaluate vendor bids in a scientific manner to support selection decision making
Setting procurement mission and objectives
Selection of improvement initiatives
Structure-related initiatives
Systems-related initiatives
Workstreams-related initiatives
Culture-related initiatives
Performance measures and targets
Communication of procurement plan
Stakeholder engagement
Spend category profiling
Spend impact analysis
Financial impact
Vendor segmentation
Market risk analysis
Value chain analysis
SWOT analysis
Porter’s five forces
Risk heat maps
Vendor risk scores
Category report consolidation
The soft side of forecasting
Tetlock’s foxes and hedgehogs
Taleb’s black swan
Principles of demand planning
Quantitative forecasting techniques
Qualitative forecasting techniques
Vendor prequalification process
Vendor prequalification criteria
Legal criteria
Financial criteria
Technical criteria
Staff criteria
HSE criteria
Service Level Agreements (SLAs)
Strategic partnering
Supplier diversity programs
Bid management process
Bid evaluation criteria
Scoring systems and protocols
Selection and award
Total Cost of Ownership (TCO) for complex purchases
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