Fundamentals of Spend Analysis
2 days|Delivered on request
Fundamentals of Spend Analysis is built for delegates who need to be useful in this area quickly. It starts at first principles and works through bid adjudication and ethical sourcing without assuming prior specialist training. The programme exists because supply disruption has become a standing operational risk rather than an exception, and because capability in this area is usually built on the job with no structure behind it. Delegates leave able to work confidently with strategic sourcing, supplier development and contract administration in their own organisation.
What delegates leave able to do
- Make a decision about strategic sourcing without waiting for a specialist, measured against the Preferential Procurement Policy Framework Act
- Take ownership of supplier development rather than escalating it
- Review contract administration and say plainly whether it is working
- Bring contract negotiation into line with current good practice
What the course covers
- Bid adjudication
- Ethical sourcing
- Strategic sourcing
- Supplier development
- Contract administration
- Contract negotiation
- E-procurement systems
Who should attend
- sourcing specialists
- supply chain managers
- procurement managers
- logistics coordinators
