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UID:9d88dca0b83a9d7a54a032545d96f053@egytraining.org
SUMMARY:Strategic Purchasing &#038\; Supply Management
DESCRIPTION:Introduction\nIn today’s fast-paced business environment\, th
 e development and implementation of well-crafted strategies for acquiring g
 oods\, parts\, equipment\, and services is a crucial challenge for any orga
 nization aiming to reduce operational costs while improving quality and pro
 ductivity. This course focuses on key concepts such as Strategic Cost/Price
  Analysis\, Value Analysis\, and Total Cost of Ownership (TCO)\, shifting t
 oday's supply management focus from tactical operations to a strategic appr
 oach necessary to implement processes and methods that ensure world-class p
 erformance.\nCourse Objectives\nBy the end of this course\, participants wi
 ll:\n\nExplore the elements of cost in the supplier's price.\nUnderstand th
 e impact of global labor rates on pricing.\nLearn how to develop a purchasi
 ng coding system.\nUnderstand how volume affects price.\nDiscover supplier 
 pricing models.\nExplore issues related to supplier/contractor overhead exp
 enses.\nGain experience in developing a purchase price index.\nLearn how to
  get more time to focus on strategic issues.\nDevelop skills in negotiation
  planning and strategies.\nUnderstand methods of price and cost analysis.\n
 Apply the concepts of value analysis.\nLearn to develop a “Should Cost”
  model.\nExplore the types of TCO systems.\nLearn the process of implementi
 ng TCO analysis.\n\nCourse Outlines\nDay 1: Setting the Strategic Direction
 \n\nDefining the supply management mission and vision.\nStages to world-cla
 ss supply management.\nHow to change and become more strategic.\nSupply man
 agement skill sets.\nDeveloping spend analysis.\nCreating time to be strate
 gic.\nABC (Pareto) analysis.\nMaterial/Services purchasing code development
 .\n\nDay 2: How Do You Know You Got a Good Price\n\nSupplier pricing models
  and how to choose the best one.\nDefining cost and price analysis.\nDiffer
 ences between cost and price analysis.\nSelection tools for pricing models.
 \nMethods of price analysis.\nHistorical analysis.\nWorking with producer p
 rice indexes.\nDeveloping the organization’s purchase price index.\n\nDay
  3: Getting a Better Price by Analyzing Costs\n\nMethods of cost analysis.\
 nMajor elements of cost.\nUnderstanding the importance of supplier overhead
  costs.\nSources of cost information.\nDeveloping "Should Costs".\nHow to r
 equest supplier cost information.\nChallenges in analyzing supplier cost br
 eakdowns.\n\nDay 4: Using Price Volume\, International Labor\, and Value An
 alysis\n\nGlobal industrial labor rates and their impact on pricing.\nWorki
 ng with currency exchange rates.\nCost volume profit analysis.\nFixed and v
 ariable costs: definitions and calculations.\nUse of cost-volume relationsh
 ips.\nDefining value analysis and its application.\nThe test for value chec
 klist.\nSupplier value checklist.\n\nDay 5: Total Cost of Ownership (TCO) C
 oncepts\n\nChange in supply management and its effect.\nDefinitions of TCO.
 \nObjectives of TCO.\nBarriers to TCO implementation.\nProcess flow diagram
 s.\nApproaches to TCO.\nDollar model.\nValue model.\nTotal cost modeling of
  the supply chain.\nImplementing TCO analysis.\n\nWhy Attend This Course: W
 ins & Losses!\n\nGain in-depth understanding of supply chain management and
  how it influences strategic purchasing.\nLearn how to apply Strategic Cost
 /Price Analysis and Value Analysis to improve purchasing decisions and redu
 ce costs.\nEnhance your ability to negotiate strategically\, using the purc
 hase price index and understanding supplier pricing models.\nBuild your ski
 lls in analyzing cost breakdowns and applying TCO analysis to reduce expens
 es and improve overall supply chain efficiency.\nImprove your understanding
  of global supply chain management and the factors influencing internationa
 l labor rates.\n\nConclusion\nThis course offers a valuable opportunity for
  professionals in supply chain management to enhance their strategic purcha
 sing skills and gain practical insights into cost and price analysis\, valu
 e analysis\, and TCO. By understanding these essential concepts\, you will 
 be better equipped to drive operational efficiency\, negotiate effectively\
 , and make informed purchasing decisions. Implementing the strategies taugh
 t in this course will enable you to enhance your organization’s supply ch
 ain management practices\, reduce costs\, and boost quality\, ultimately ac
 hieving a world-class performance.
LOCATION:Rome
DTSTAMP:20260705T132952Z
DTSTART:20260628T034500Z
DTEND:20260711T210500Z
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