Procurement

Workshop Overview

This workshop will teach you everything you need to know about the procurement process, from selecting suppliers to negotiating contracts and ensuring sustainable practices. You’ll gain valuable skills through hands-on activities and real-world case studies.

Breakdown

8 Workshops

What You’ll Learn

Supplier Selection Process
Understand how to choose the best suppliers using strategies like total cost of ownership (TCO), supplier evaluation frameworks (e.g., weighted scoring models), and risk assessment techniques. You’ll apply these methods to real-life case studies to guide your decision-making.
Negotiation Tactics Workshop
Practice advanced negotiation techniques, such as BATNA (Best Alternative to a Negotiated Agreement) and integrative bargaining. Learn how emotional intelligence plays a key role in negotiations through role-playing exercises.
Sustainability in Procurement
Explore sustainable procurement practices, including ethical sourcing, lifecycle assessments, and compliance with environmental laws. You’ll analyze case studies showing successful sustainability practices in procurement.

Key Skills

Understanding procurement

Learn what procurement is, why it’s important, and how it’s different from purchasing and supply chain.

Procurement Rights and Business Needs

Understand the 7 key rights in procurement and how companies decide what to buy or make.

Procurement Process

Learn the steps in procurement and the different documents used.

Types of Contracts

Learn about the different contracts used in procurement and how to create a procurement plan.

Procurement Laws

Understand the rules and laws that affect procurement.

Working with Others

Learn how procurement works with other departments and top management. Know who makes decisions and what their jobs are.

Thinking Like an Engineer

Learn how to use engineering knowledge in procurement and how to negotiate successfully.

Using Data and Managing Suppliers

Learn how to use data and manage suppliers well.

Incoterms and Ethics

Understand important terms in procurement and how to follow good ethical practices.

Using Software

Learn how to use ERP systems and other tools like AI in procurement.

Doing a Project

Use what you’ve learned in a real-life project.

Take The First Step Today!

Join a community of learners and professionals ready to teach you by doing.