Analytical Techniques For Enhancing Supply Management Performance
Supply Management is about buying the right thing, at the right time, at the right quality, at the right price, from the right supplier, in the right way. In order to do these steps “right” requires skillsets in many analytical techniques. This webinar covers some of the basic analytics that purchasing and contract personnel use to obtain maximum value for their organizations. Show how Purchasing Savings Affect the Bottom-lineStarting the Strategic Sourcing ProcessDeveloping ABC Analysis ClassificationsHow Procurement Experts Spend Their Time Compared To “Getters”Purchasing Hierarchical Coding MethodsAre you an “A” CustomerDeveloping the Organization’s Purchase Price Index and Comparison to the IndustryUsing Producer Price IndexesAreas Covered Upon completion of this webinar, participants will know:How Purchasing Savings Affect the Bottom-line DramaticallyThe All-Important Pareto (ABC) Analysis And Its Critical Application In Strategic Supply ManagementExamples Of How To Get Rid Of The “C”sPurchasing Hierarchical CodingThe value of Producer Price IndexesHow-To Developing A Purchase Price Index For The OrganizationCourse Level - Advanced/IntermediateWho Should Attend Contracts, Purchasing, Procurement Personnel, Supply ManagementAll others who are involved in the - planning, evaluation, preparation, management of purchasingTenders, and contracts that cover the acquisition of materials, equipment, and servicesWho are in organizations whose leadership want high levels of competency in those involved in these activitiesWhy Should You AttendThe organization will benefit by:The reduced total cost of purchased goods and servicesGreater focus on strategic sourcing issuesBetter analytics to support procurement decisions and strategiesImproved supplier selection and performance criteriaA greater level of professionalism and skills in those involved in the purchasing and contracting processPersonal Impact: Attendees will gain by participation in this program as a result of:Increased skill sets in analytical processesA greater sense of confidence and professionalismApplying increased skills in all phases of the procurement processGreater ability to develop best practices supply management strategiesIncreased recognition by the organization due to improved performance
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Supply Management is about buying the right thing, at the right time, at the right quality, at the right price, from the right supplier, in the right way. In order to do these steps “right” requires skillsets in many analytical techniques. This webinar covers some of the basic analytics that purchasing and contract personnel use to obtain maximum value for their organizations.
- Show how Purchasing Savings Affect the Bottom-line
- Starting the Strategic Sourcing Process
- Developing ABC Analysis Classifications
- How Procurement Experts Spend Their Time Compared To “Getters”
- Purchasing Hierarchical Coding Methods
- Are you an “A” Customer
- Developing the Organization’s Purchase Price Index and Comparison to the Industry
- Using Producer Price Indexes
Areas Covered
Upon completion of this webinar, participants will know:
- How Purchasing Savings Affect the Bottom-line Dramatically
- The All-Important Pareto (ABC) Analysis And Its Critical Application In Strategic Supply Management
- Examples Of How To Get Rid Of The “C”s
- Purchasing Hierarchical Coding
- The value of Producer Price Indexes
- How-To Developing A Purchase Price Index For The Organization
Course Level - Advanced/Intermediate
Who Should Attend
- Contracts, Purchasing, Procurement Personnel, Supply Management
- All others who are involved in the - planning, evaluation, preparation, management of purchasing
- Tenders, and contracts that cover the acquisition of materials, equipment, and services
- Who are in organizations whose leadership want high levels of competency in those involved in these activities
Why Should You Attend
The organization will benefit by:
- The reduced total cost of purchased goods and services
- Greater focus on strategic sourcing issues
- Better analytics to support procurement decisions and strategies
- Improved supplier selection and performance criteria
- A greater level of professionalism and skills in those involved in the purchasing and contracting process
Personal Impact: Attendees will gain by participation in this program as a result of:
- Increased skill sets in analytical processes
- A greater sense of confidence and professionalism
- Applying increased skills in all phases of the procurement process
- Greater ability to develop best practices supply management strategies
- Increased recognition by the organization due to improved performance
