Strategic Inventory Management
5 days|Delivered on request
Strategic Inventory Management looks at this work from the level at which it is resourced and defended. The focus is on strategic sourcing, demand planning and how both connect to what the organisation is actually trying to achieve. This matters at the strategic level because category spend is one of the few remaining places to find margin without cutting headcount. Delegates leave able to work confidently with supplier development, e-procurement systems and contract negotiation in their own organisation.
What delegates leave able to do
- Explain supplier development to someone who does not do the work, measured against ISO 20400 on sustainable procurement
- Make a decision about e-procurement systems without waiting for a specialist
- Review contract negotiation and say plainly whether it is working
- Put tender evaluation on a footing they can defend to a reviewer
What the course covers
- Strategic sourcing
- Demand planning
- Supplier development
- E-procurement systems
- Contract negotiation
- Tender evaluation
- Category management
Who should attend
- contract administrators
- inventory controllers
- bid and tender officers
- logistics coordinators
- procurement managers
