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ISP TrainingsInnovative Special Projects

Digital Transformation in Contract Price Adjustment

3 days|Delivered on request

This programme examines how the practice is shifting, and what delegates should adopt, adapt or ignore. It works through ethical sourcing and inventory optimisation as they stand today and where they are heading. The shift is worth understanding because procurement decisions are now audited for process as closely as for price. Delegates leave able to work confidently with spend analysis, e-procurement systems and total cost of ownership in their own organisation.

What delegates leave able to do

  • Put spend analysis on a footing they can defend to a reviewer, measured against ISO 20400 on sustainable procurement
  • Take ownership of e-procurement systems rather than escalating it
  • Bring total cost of ownership into line with current good practice
  • Spot where contract administration is failing before it becomes a finding

What the course covers

  • Ethical sourcing
  • Inventory optimisation
  • Spend analysis
  • E-procurement systems
  • Total cost of ownership
  • Contract administration
  • Warehouse operations

Who should attend

  • bid and tender officers
  • contract administrators
  • supply chain analysts
  • inventory controllers
A forklift moving freight beside stacked shipping containers

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