Supplier Success Masterclass

Program Introduction

An organization could work with a few, dozens, or even hundreds of different businesses and individuals that provide goods and services to it and are considered its vendors. The term vendor management describes the activities included in researching and sourcing vendors, obtaining quotes with pricing, capabilities, turnaround times, quality of work, negotiating contracts, managing relationships, assigning jobs, evaluating performance, and ensuring payments. It requires a lot of skills, resources, and time. Though many business owners believe that vendor management is simply about finding the supplier with the cheapest price for a product or service, it’s about more than that.

Learning Outcomes:

• Your understanding of the fundamentals of supply chain management and procurement role in SC as well as business.
• Appreciate the learning on Vendor Management process and how to drive it efficiently.
• Learn how to design and implement the procurement policy and other systems to effectively run procurement functions through proper VM processes.
• Equipped yourself with VM performance measurement through Score Card and see its effectiveness through a set of KPI’s.
• Understand your importance as a Procurement Leader and you see how to structure it right to start reaping fruits.

Course Outline:

• What is the model of the supply Chain Function and its holistic approach?
• How Supply Chain add value to a company and where procurement is placed in Supply Chain and what role it plays.
• How to run the complete model of Procurement and Vendor management and reap benefits.
• Why negotiation is important for procurement and how to do effective negotiation by understanding the whole process.
• Vendor development process.
• Learn procurement strategies and modern approaches used in the vendor management process.
• How you play as leader of the function by up-skilling the game.
• What is meant by strategic sourcing and how the World Class manufacturing process evolved.
• Compliance plays a key role in the procurement process and how it’s being maintained throughout the process.
• How to measure Procurement performance through key KPI’s and develop procurement score card.
• Holistic View of SC Model and its value addition to the business.
• How Procurement elevated from Operational role to strategic role and support business.
• World class and strategic procurement deliverables and importance of Compliance in procurement.

Who Should Attend?

This course is designed for Supply Chain and procurement teams, managers, Supply planners, Operations Managers, Coordinators, Factory managers, responsible for directly or indirectly in the Procurement process.

Also, managers and senior team members of Marketing, Sales / TM for Promo items or NPI buying, Sales, Trade category, sales operations and business Finance teams to attend.

Training Methodology:

Training is in the pattern of Coaching, two-way discussions and Exercises are involved in the learning process to grasp more.

For Further Details 

Trainer Name: NOMAN LUTFI
Training Date: March 28^th& 29^th 2022
Training Mode: Classroom
Training Location: PSTD Karachi
Price: PKR 36,500 + ST

Click here to Download Flyer

Payment Details:

The cheque will be made under the name of “Pakistan Society for Training and Development” and dispatch it to following address;

Pakistan Society for Training and Development
Plot # TC-3, 34th Street, Khayaban-e-Seher
Phase V, DHA, Karachi 75500.

Cancellation Policy:

PSTD Cancellation Policy – Cancellations made at least 5 working days prior to the program will be refunded 50%. If a booking is canceled in less than 5 working days, no refunds can be given. Cancellations must be confirmed by a letter or email. Substitutions may be made at any time for the same program only. In case of the participant not showing up on the day of the training a replacement can be sent.