PROGRAMME OBJECTIVE
- To be able to undertake spend analysis of top 5 category spend.
- Know what to do with the analysis.
- To look at strategic contracts and means of sourcing.
LEARNING OUTCOMES
- Undertake spend analysis.
- Learn mechanisms of sourcing
WHO BENEFITS
- Buyers
- Corporate Services Manager
- Finance
SPEND ANALYSIS: 8.30 a.m. - 10.30 a.m.
Programme Content
- Choosing category to analyse - and why.
- Decision on timeframe – one year, two years.
- Assessment of future spend requirements.
- Considerations i.e. Leveraging, incorporating across locations.
- Analysis of 'like' suppliers i.e. Stationery, printing, IT etc.
- Review.
- What then?
Practical Exercise
STRATEGIC CONTRACTS: 10.30 a.m.. - 12.00 noon and 1.00 p .m. - 1.30 p.m.
Programme Content Outline
- Recognise where you are now.
- How to recognise the need to change.
- Recognising importance of suppliers and contracts.
- How to get to a strategic contract.
- How to reach decisions on contract strategies
- How to achieve what you want – from assessment to implementation.
- Plan for what you want.
Practical Exercise
STRATEGIC SOURCING: 1.30 p.m. - 3.15 p.m.
Programme Content
- Why the need? When to source
- Choosing appropriate sourcing/information mechanisms
- Keeping sourcing files – and how to use.
- Undertaking Risk Management.
- Meeting with Suppliers
- When to Use and Why
- Implementation – the means, transition etc.
- Review – is it feasible, effective. What if not?
Practical Exercise:
ELECTRONIC SOURCING: 3.30 p.m. - 5.00 p.m.
Programme Content
- Being aware of different forums.
- When to source
- Keeping sourcing files.
- Undertaking risk management
- Internal/External considerations.
- Contractual awareness for external contracts.
- Issues surrounding sourcing – background, local presence/office etc.
Practical exercise
Pre-Requisite: Benchmarking