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Streamlining Your Procurement Process - Webinar

  • ID: 4033264
  • Webinar
  • 90 Minutes
  • Lorman Business Center, Inc.
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Learn how to streamline your procurement process for goods and services and to reduce their costs, improve efficiency, automate processes, and eliminate bottlenecks.

Procurement, as a vital element of an organization, must be able to function at top efficiency at all times. To do so, there must be flexibility and proper organization. Each must be able to review the purchasing function objectively and determine whether its current structure and system of operation fills the needs of the organization as well as the needs of procurement and supply management. Take this exciting opportunity to refine your thinking and find out what you can do to streamline your procurement process.

Learning Objectives
  • You will be able to define world class procurement management streamlining processes and techniques.
  • You will be able to discuss how to effectively and efficiently manage procurement streamlining processes.
  • You will be able to describe procurement process flows, including tendering solicitation, proposal-bid evaluation, contract award, and contract administration processes as they relate to streamlining.
  • You will be able to explain how to plan, organize, lead, and control the management of procurement streamlining.
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Planning and Strategy Development for Streamlining of Procurement
  • Lean and Agile Procurement
  • Procurement Process Flowcharting and Analysis
  • Two Categories of Strategy
  • Spend Analysis and Management
  • Categorization of Purchases Using Pareto's Rule
  • Kraljic's System of Portfolio Analysis
  • Kraljic's Supplier Preference Matrix
Organizing Procurement to Maximize Streamlining
  • Centralized vs. Decentralized Procurement
  • Eprocurement
Leading the Procurement Organization Toward Streamlining and Executing a Streamlining Strategy
  • More User Ordering and Less Purchase Ordering
  • Commercial Items Preferred
  • Simplified Legally and Business Sufficient Contract Templates
  • Advance Agreements With Major Suppliers
  • Current, Accurate, and Complete Policies and Procedures
  • Training and Professional Certification
Controlling and Evaluating the Procurement Organization in Its Streamlining Efforts
  • Communication and "Cybernetic Control"
  • Overcoming Resistance to Change
  • Trust and Approval Levels
  • Procurement Evaluation
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LeRoy H. Graw, EdD, CPP, CPPM, C.P.M. CPSM, CPCM, CISCM - International Purchasing and Supply Chain Management Institute
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This webinar is designed for presidents, vice presidents, supply chain managers, sourcing specialists, procurement managers, buyers, consultants, logistic professionals, materials managers, import/export agents, inventory specialists, operations and facilities managers, accountants and controllers.
Note: Product cover images may vary from those shown
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