Management

Training Course: Mastering Strategic Procurement and Contract Management for Directors


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MA235557

28 Apr - 2 May 2025

Amsterdam (Netherlands)

Hotel : Grand Hotel Amrâth Amsterdam

Cost : 5250 € Euro

Introduction

Strategic procurement and contract management are critical components of business operations that significantly impact cost efficiency, supplier relationships, and risk management. This program is designed for directors responsible for overseeing procurement and contract functions, equipping them with advanced skills to develop procurement strategies that align with business goals, drive cost savings, and manage supplier risks effectively.

 

Target Audience

  • Procurement Directors
  • Contract Management Directors
  • Supply Chain Directors
  • Senior Executives overseeing procurement and contract functions
  • Senior Procurement Managers aiming for a director-level position

 

Objectives

By the end of this program, participants will be able to:

  • Develop strategic procurement plans aligned with corporate objectives.
  • Lead effective supplier negotiations and relationship management.
  • Implement best practices in contract drafting, compliance, and risk mitigation.
  • Analyze and optimize procurement processes for cost efficiency.
  • Foster innovation in procurement through technology and strategic alliances.
  • Ensure legal and regulatory compliance in contract management.

 

Training Program Outline

 

Day 1: Strategic Procurement Planning

  • Understanding Procurement’s Role in Strategic Planning
    • Defining the procurement strategy and its alignment with business goals.
    • Procurement’s contribution to organizational success.
  • Market Analysis and Supplier Selection
    • Analyzing market trends and risks.
    • Supplier selection criteria and methodologies.
  • Category Management and Strategic Sourcing
    • Implementing category management to optimize procurement.
    • Strategic sourcing methods to maximize value.
  • Case Studies and Group Exercises
    • Real-world examples of successful strategic procurement planning.

 

Day 2: Advanced Contract Management Techniques

  • Fundamentals of Contract Law and Risk Mitigation
    • Key legal aspects of contracts and risk identification.
    • Managing contractual risk through appropriate clauses and safeguards.
  • Drafting Contracts with a Strategic Focus
    • Best practices in contract drafting to ensure clarity and enforceability.
    • Strategic considerations when negotiating terms and conditions.
  • Contract Compliance and Performance Monitoring
    • Ensuring contract adherence through compliance monitoring.
    • Performance metrics for supplier contracts.
  • Workshop: Contract Drafting and Review
    • Practical session on reviewing and drafting contracts with a focus on risk management.

 

Day 3: Supplier Relationship and Risk Management

  • Strategic Supplier Relationship Management (SRM)
    • Building long-term, value-driven relationships with key suppliers.
    • SRM tools and techniques for improved collaboration.
  • Supplier Performance Evaluation
    • Criteria and methods for assessing supplier performance.
    • Developing a supplier performance improvement plan.
  • Risk Management in Procurement and Contracts
    • Identifying and managing risks in the supply chain.
    • Risk-sharing mechanisms in contract management.
  • Case Studies and Group Discussions
    • Analyzing real-world scenarios of supplier relationship management and risk mitigation.

 

Day 4: Innovation and Technology in Procurement

  • E-Procurement and Digital Transformation
    • Leveraging e-procurement systems to streamline processes.
    • The role of automation in procurement management.
  • Data Analytics in Procurement Decision-Making
    • Using data and analytics to enhance procurement efficiency.
    • Predictive analytics for procurement risk management.
  • Sustainable and Ethical Procurement Practices
    • Integrating sustainability and corporate social responsibility into procurement.
    • Managing suppliers in line with ethical standards.
  • Workshop: Implementing E-Procurement Solutions
    • Hands-on session exploring digital tools for procurement management.

 

Day 5: Strategic Leadership in Procurement and Contract Management

  • Procurement and Contract Leadership
    • Developing leadership capabilities specific to procurement and contract management.
    • Leading high-performing procurement teams.
  • Developing Strategic Alliances and Partnerships
    • Building and maintaining strategic alliances for long-term procurement success.
    • Collaboration with internal and external stakeholders for effective procurement.
  • Continuous Improvement in Procurement and Contracts
    • Tools and techniques for driving continuous improvement.
    • Monitoring procurement performance and implementing changes.
  • Capstone Exercise: Strategic Procurement and Contract Leadership
    • A practical exercise simulating real-world procurement and contract management scenarios, with a focus on strategic decision-making.

Management

Training Course: Mastering Strategic Procurement and Contract Management for Directors


Register Now
Quick Inquiry
Discount Group Download Brochure (3)

MA235557

28 Apr - 2 May 2025

Amsterdam (Netherlands) - Grand Hotel Amrâth Amsterdam

Hotel : Grand Hotel Amrâth Amsterdam

Cost: 5250 € Euro


  About Amsterdam

Amsterdam, capital of the Netherlands, is a popular destination amongst travelers from all around the world. Once just a little fishing village, Amsterdam is now a major international city after having become an important port during the 1600s. Throughout its history, the city has had many famous residents, including artists, philosophers and other historical figures. There is much to discover along Amsterdam's quaint streets and picturesque canals. So much so that a flight to Amsterdam comes with a guarantee of cultural and historical attractions that will provide memories to last a lifetime. Amsterdam is a hotbed of culture for travelers of all ages and tastes.


  Things to do and places to visit in Amsterdam

From the moment passengers step off their flight to Amsterdam, they will find it a friendly city with a lively atmosphere. Its flat geography means that it is perfect for exploring by bicycle. If you're feeling less active, it the city is also well-served by public transport. The so-called Venice of the North has something for every visitor. Culture vultures have museums, galleries and theaters to see, Families can visit the zoo or the Science Center NEMO.

When visiting Amsterdam, be sure to:

  • See the picture-perfect and colorful houses of the Grachtengordel district.
  • See the iconic works of one of Holland's most famous artists at the Van Gogh Museum.
  • Visit the house where Anne Frank and her family hid from the Nazis.
  • Browse through the extensive collection of fantastic art in the Rijksmusem.
  • Wander through the blaze of colors that is the Singel Flower Market.
  • See the city at a leisurely pace on a canal cruise.
  • Marvel at one of the city's many historic churches.
  • Learn about life aboard a ship at the National Maritime Museum.
  • Discover the Begijnhof's well-preserved medieval architecture.
  • See animals of all kinds, as well as the butterfly pavilion and aquarium, at the Artis Zoo.
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