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ISP TrainingsInnovative Special Projects

Total Cost of Ownership for Non-Specialists

2 days|Delivered on request

Total Cost of Ownership for Non-Specialists is built for delegates who need to be useful in this area quickly. It starts at first principles and works through inventory optimisation and strategic sourcing without assuming prior specialist training. The programme exists because procurement decisions are now audited for process as closely as for price, 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 development, ethical sourcing and warehouse operations in their own organisation.

What delegates leave able to do

  • Take ownership of supplier development rather than escalating it, measured against the Preferential Procurement Policy Framework Act
  • Review ethical sourcing and say plainly whether it is working
  • Put warehouse operations on a footing they can defend to a reviewer
  • Bring supply risk assessment into line with current good practice

What the course covers

  • Inventory optimisation
  • Strategic sourcing
  • Supplier development
  • Ethical sourcing
  • Warehouse operations
  • Supply risk assessment
  • Total cost of ownership

Who should attend

  • sourcing specialists
  • supply chain managers
  • inventory controllers
  • supply chain analysts
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