Strategic Total Cost of Ownership
5 days|Delivered on request
Strategic Total Cost of Ownership looks at this work from the level at which it is resourced and defended. The focus is on category management, strategic sourcing 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 bid adjudication, demand planning and tender evaluation in their own organisation.
What delegates leave able to do
- Take ownership of bid adjudication rather than escalating it, measured against ISO 20400 on sustainable procurement
- Bring demand planning into line with current good practice
- Spot where tender evaluation is failing before it becomes a finding
- Review supplier relationship management and say plainly whether it is working
What the course covers
- Category management
- Strategic sourcing
- Bid adjudication
- Demand planning
- Tender evaluation
- Supplier relationship management
- Contract negotiation
Who should attend
- contract administrators
- supply chain analysts
- inventory controllers
- sourcing specialists
- bid and tender officers
