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ISP TrainingsInnovative Special Projects

Contract Price Adjustment for Non-Specialists

2 days|Delivered on request

Contract Price Adjustment for Non-Specialists is built for delegates who need to be useful in this area quickly. It starts at first principles and works through supplier development and strategic sourcing without assuming prior specialist training. The programme exists because procurement decisions are now audited for process as closely as for price, and because capability in this area is usually built on the job with no structure behind it. Delegates leave able to work confidently with total cost of ownership, supply risk assessment and category management in their own organisation.

What delegates leave able to do

  • Bring total cost of ownership into line with current good practice, measured against ISO 20400 on sustainable procurement
  • Review supply risk assessment and say plainly whether it is working
  • Make a decision about category management without waiting for a specialist
  • Spot where ethical sourcing is failing before it becomes a finding

What the course covers

  • Supplier development
  • Strategic sourcing
  • Total cost of ownership
  • Supply risk assessment
  • Category management
  • Ethical sourcing
  • E-procurement systems

Who should attend

  • procurement managers
  • logistics coordinators
  • supply chain analysts
  • bid and tender officers
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