Fundamentals of Total Cost of Ownership
2 days|Delivered on request
Fundamentals of Total Cost of Ownership is built for delegates who need to be useful in this area quickly. It starts at first principles and works through demand planning and logistics management 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 supplier relationship management, contract negotiation and spend analysis in their own organisation.
What delegates leave able to do
- Bring supplier relationship management into line with current good practice, measured against the Preferential Procurement Policy Framework Act
- Spot where contract negotiation is failing before it becomes a finding
- Make a decision about spend analysis without waiting for a specialist
- Take ownership of bid adjudication rather than escalating it
What the course covers
- Demand planning
- Logistics management
- Supplier relationship management
- Contract negotiation
- Spend analysis
- Bid adjudication
- Ethical sourcing
Who should attend
- logistics coordinators
- procurement managers
- inventory controllers
- supply chain analysts
