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ISP TrainingsInnovative Special Projects

Total Cost of Ownership Auditing and Assurance

3 days|Delivered on request

This programme is written from the assurance side. Delegates learn to test whether ethical sourcing and supply risk assessment are working as claimed, and how to evidence the conclusion. Assurance work is under scrutiny because supply disruption has become a standing operational risk rather than an exception. Delegates leave able to work confidently with contract negotiation, inventory optimisation and total cost of ownership in their own organisation.

What delegates leave able to do

  • Review contract negotiation and say plainly whether it is working, measured against the Preferential Procurement Policy Framework Act
  • Take ownership of inventory optimisation rather than escalating it
  • Explain total cost of ownership to someone who does not do the work
  • Spot where demand planning is failing before it becomes a finding

What the course covers

  • Ethical sourcing
  • Supply risk assessment
  • Contract negotiation
  • Inventory optimisation
  • Total cost of ownership
  • Demand planning
  • Spend analysis

Who should attend

  • supply chain managers
  • supply chain analysts
  • logistics coordinators
  • procurement managers
  • contract administrators
A forklift moving freight beside stacked shipping containers

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