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ISP TrainingsInnovative Special Projects

Total Cost of Ownership

3 days|Delivered on request

This Total Cost of Ownership programme gives delegates a working command of inventory optimisation and supplier development, grounded in the PFMA and MFMA supply chain regulations. Organisations invest here because procurement decisions are now audited for process as closely as for price. Delegates leave able to work confidently with contract administration, e-procurement systems and category management in their own organisation.

What delegates leave able to do

  • Improve contract administration within their own organisation, measured against the PFMA and MFMA supply chain regulations
  • Explain e-procurement systems to someone who does not do the work
  • Review category management and say plainly whether it is working
  • Take ownership of ethical sourcing rather than escalating it

What the course covers

  • Inventory optimisation
  • Supplier development
  • Contract administration
  • E-procurement systems
  • Category management
  • Ethical sourcing
  • Spend analysis

Who should attend

  • procurement managers
  • supply chain analysts
  • sourcing specialists
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