Dublin, Dec. 12, 2018 (GLOBE NEWSWIRE) -- The "Advanced Certificate in Strategic Procurement (ACSP)" training has been added to ResearchAndMarkets.com's offering.
Delivering Success Through Effective Procurement And Supply Chain Management
Effective Procurement is, and always has been, fundamental to the success of an organisation. On average, over fifty percent of an organisation's total revenue is passed down the Supply Chain. In many sectors, however, this can be significantly more for example in the Public Sector, this can exceed eighty percent. It is imperative that this expenditure is managed and controlled effectively.
Poor Procurement leads to, increased cost, poor quality, delays, loss of control and lack of cost visibility. Proactive, professional Procurement will become a value-added function within the organisation. Over time, organisations have realised the value that can be delivered through effective Procurement. At the same time, the value of appropriately qualified Procurement Professionals has also increased.
Procurement is now seen as a job' rather than a role'. The shift from transactional, operational buying to Strategic Procurement has been quicker in some Industries than others. Organisations that have not yet made the change are being left behind. Commodity, or category, based Procurement provides the correct structure to help deliver a truly World Class Procurement function.
ACSP provides the understanding, framework, tools, and principles that allow organisations to build, embed and develop real Strategic Procurement. On completion of this five-day training course, you will receive your certificate which has been fully accredited by the International Federation of Purchasing and Supply Management (IFPSM).
Certifications:
Benefits, knowledge and skills gained by attending the ACSPTM course
- Gain an accredited Certificate approved by a UK regulated body - Advanced Certificate in Strategic Procurement (ACSP)
- Use ACSP on your business card and on your resume
- The ACSP shows that you have completed an internationally accredited certification and that you have the skills and experience to manage procurement effectively on a national, regional and global level.
- The ACSP certificate will be received approximately one month following the close of the training course and will be issued jointly by the International Federation of Purchasing and Supply Management (IFPSM) and BMTG.
BMTG Accreditation
- All Business Management Training Group (BMTG) Ltd training courses are accredited and approved by the International Federation of Purchasing and Supply Management (IFPSM), under the UK Regulatory Framework.
- The BMTG, portfolio of Learning Programmes, has been fully accredited by the International Federation of Purchasing and Supply Management (IFPSM), an official UK Government recognised awarding body.
- In addition, the International Federation of Purchasing and Supply Management (IFPSM) has approved BMTG as an Accredited Centre which reinforces our commitment to assuring the highest recognised Quality Standards in delivering and assessing Programmes internationally.
- BMTG will continue to explore and evolve our accreditation framework to meet the demands of our Partners and delegates.
The International Federation of Purchasing and Supply Management (IFPSM) - Accredited Certification
The Advanced Certificate in Strategic Procurement (ACSP) is certified, through independent assessment and accreditation, by the International Federation of Purchasing and Supply Management (IFPSM) PAS Standard. The accredited certificate reinforces our commitment to assuring the highest recognised Quality Standards in delivering and assessing Programmes internationally.
The International Federation of Purchasing and Supply Management (IFPSM) is the union of 48 National and Regional Purchasing Associations worldwide. Within this circle, about 250,000 Purchasing Professionals can be reached. IFPSM facilitates the development and distribution of knowledge to elevate and advance the procurement profession, thus favorably impacting the standard of living of citizens worldwide through improved business practices. The term procurement is taken to embrace purchasing, materials management, logistics, supply chain management and strategic sourcing.
CPD standards Accreditation
Accredited by the prestigious CPD Standards Office.
Any delegate who attends this Accredited course may be issued with a CPD Certificate of Attendance upon request, which they can use within their formal CPD record for a professional body, institute, or employer. The CPD Standards Office accreditation services works in partnership with the Training Journal and the CPD Institute supporting all forms of professional development and CPD schemes globally and has an increasingly international reputation as the strongest currency in professional development. CPD extends across the globe and is undertaken in most countries. The CPD Certificate of Attendance is issued in soft copy only and contains the applicable CPD credits for each course.
Key Topics Covered:
By attending this interactive course you will be equipped with the skills to:
- Understand the Role of the Procurement Function within the Organisation
- Assess the Effectiveness of your Procurement Function
- Effectively Plan and Manage Procurement Projects
- Implement and Develop Commodity based Procurement within the Organisation
- Assess Commodity Markets
- Benchmark Suppliers
- Build and Analyse Comprehensive Tender Documentation
- Understand and Build Effective Pricing Models
- Build and Utilise Effective KPI's and SLA's
- Negotiate Effectively
- Deliver Real Bottom Line Efficiencies and Cost Savings
Agenda
UNDERSTAND THE ROLE OF PROCUREMENT
- Operational Importance
- Make vs' Buy Assessments
- Build an Effective Procurement Function
- Roles and Responsibilities of the Function
- Understand Cost v' Capability
DELIVER SUCCESSFUL PROCUREMENT PROJECTS
- Stakeholder Management
- Obtain and Maintain Buy-in
- Key Project Stages
- Project Documentation
- Communication Strategies
- Team Structures
UNDERSTAND THE CURRENT POSITION
- Commodity-Based Procurement' Explained
- Identify and Understand Expenditure
- Build Commodity Groups and Structures
- Split Expenditure by Commodity
- Identify and Understand Key Cost Drivers
- Assess and Rank Existing Suppliers
- Identify Strengths and Weaknesses
- Build Simple and Effective Analysis Models
UNDERSTAND COMMODITY SUPPLY MARKETS
- Assessment of Buyer and Supplier Power
- Assess Local, National and International Options
- Generate Competition in the Market
- Supplier Identification, Analysis and Ranking
- Build Effective Commodity Strategies
BUILD EFFECTIVE TENDERS
- Invitation to Tender (ITT) Fundamentals
- Key Assessment Categories
- Understand and Document Requirements
- Obtain Organisational Buy-In
- Achieve Objectivity and Transparency
- Build Simple and Effective Assessment Tools
- Dealing with Verification Visits
COST CONTROL AND REDUCTION
- Understand Cost vs' Price
- Strengths and Weaknesses of Costing Mechanisms
- Understand Cost Drivers
- Introduce Competition
- Obtain Transparency
- Identify Cost Reduction Opportunities
KEY PERFORMANCE INDICATORS (KPI'S) AND SERVICE LEVELS
- Key KPI Principles
- Selecting Effective KPI's
- Selecting Appropriate Service Levels
- KPI Frequency
NEGOTIATION - MAKING ALL THE HARD WORK COUNT!
- Key Steps to Successful Negotiation
- Build the Negotiation Plan
- Build a Position of Power
- Negotiating Styles
- The Negotiating Team
- Closing the Deal
For more information about this training visit https://www.researchandmarkets.com/research/v85v4z/five_day_advanced?w=12
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