Summary
e-Procurement is the process of selling and buying goods and services over a digital network. It can be global, over the internet, or using a company’s intranet within an organisation. You can reduce your costs while improving productivity and transparency using e-procurement.
This course provides you with an overview into the key aspects of planning and implementing an e-procurement system to streamline your operations, simplify your data management, and decrease costs. In addition to examining strategies to manage e-procurement, you will investigate broader procurement topics such as the impact of supplier management and global sourcing.
- Understand the principles and benefits of e-procurement.
- Detail the requirements and implementation of an e-procurement system.
- Develop strategic purchasing plans and methods to improve internal customer service.
- Use Key Performance Indicators (KPIs) to optimise your procurement plan.
- Leverage supplier management to minimise procurement risks.
- Comprehend and practise key negotiation tactics.
- Purchasing, Procurement, Supply Management, Operations, and Finance professionals
- Professionals involved in planning and distribution
- Anyone looking to understand the development and implementation of e-procurement systems
This course uses a variety of adult learning styles to aid full understanding and comprehension.
Participants will review case studies to highlight key areas of importance and possible areas for faults.
They will be supplied with the best tools required to carry out learning exercises to improve their skills. Participants will analyse the examples to gain a thorough understanding of how these skills, techniques and methods apply in the workplace.
Course Content & Outline
- Describe the purpose of procurement in organisations.
- Examine strategic sourcing.
- Evaluate supplier selection and performance.
- Discuss the relationship between performance and sourcing decisions.
- Describe e-procurement and its benefits for an organisation.
- List the required steps for an e-procurement system.
- Examine the components and capabilities of an e-procurement system:
- Internal customer ordering and approvals
- e-Quotation preparation and evaluation
- e-Purchase orders
- Describe e-procurement business models.
- Discuss the principles of power negotiation.
- Examine methods to influence and persuade.
- Review strategies to negotiate under pressure.
- Outline techniques to prevent confrontation negotiations.
- Examine e-procurement workflows and processes.
- Outline the key principles of managing an e-procurement system.
- Review hardware, software, and user administration for e-procurement systems.
- Discuss risks and security measures specific to e-procurement systems.
- Describe the process of integrating an e-procurement system into an organisation.
- Identify possible integration challenges.
- Examine e-procurement and contract law.
- Review contract formation, e-trading, and the use of electronic signatures.
- List organisational changes required to support e-procurement.
- Identify the characteristics of world-class procurement organisations.
- Examine the role of category management and strategic sourcing.
- Discuss how to use the Kraljic Matrix in your segmentation strategies.
- List essential procurement skills and competencies.
- Develop a strong business case for implementation of an e-procurement system.
- Review the importance and application of procurement benchmarking.
- Utilise a Spend and Opportunity analysis to optimise your procurement system.
- Develop Key Performance Indicators (KPIs) and a strategic plan for procurement.
- Describe the role of material management in your supply chain.
- Identify the main drivers of procurement.
- Describe an agile procurement process.
- Examine the effects of supplier pricing and managing price.
- Review cost reduction strategies.
- Discuss the importance of digitalisation on the path towards e-procurement.
- Outline the structure of a supplier classification system.
- Identify qualification methods for suppliers.
- List key supplier performance metrics.
- Discuss ways to manage procurement risks.
- Review components of contract management.
- Examine the role of global sourcing and its risks.
- Describe the importance of market intelligence.
- Explore how to manage and engage stakeholders.
- Discuss ethics and corporate social responsibility.
- List ways to keep current in the procurement sector.
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