Corporate Training
Blue Ocean offers a wide array of bespoke corporate training solutions for organizations to enable their employees to become specialists in their industry. We offer over 600+ corporate training programs catering to a wide range of industries across government, semi-government and private organizations. The courses are designed to deliver strategic insights and learning for building high potential teams that can drive actionable strategies for their organizations. Our corporate programs are flexible and can be tailored to suit customers’ specific needs, helping teams unleash their maximum potential for organizational benefits.
Category Management in Procurement
Course Objectives
By the end of this training course, participants will be able to:
- Apply a thorough understanding of category management in procurement
- Identify, analyze and evaluate procurement opportunities
- Understand the keys aspects in category management
- Use tools and techniques to improve organization’s competitiveness
- Apply the knowledge in procurement and supply chain in organizational improvements
Course Outline
Day One: Understanding Procurement and Category Management
- Definition and understanding Procurement and purchasing
- Definition of Category Management
- The evolution of Category Management
- Models used in Category Grouping
- The aspects to be considered in category groups
- Managing Selective Inventory Control
Day Two: Maximising Value and Procurement Excellence using Varied Routes
- The Procurement Excellence Roadmap (PER)
- The importance of Category Management in Procurement
- Value improvement using category management
- Value Adding from Categorization
- Class Exercise on Category Management in Procurement
Day Three: Understanding the Supplier Sourcing and Selection Routes
- Traditional purchasing revisited
- Value and risk analysis
- The model in identifying inventory classification
- Best price evaluation
- Understanding collaborative supplier management
- Supplier Portfolio Analysis (SPfA)
Day Four: Recognising and Overcoming the Barriers to Category Management
- Common barriers and challenges
- Overcoming such barriers
- Best Practice in the implementation of new ideas
- Managing price sensitive products
- Economic Order Quantity
- Criticality Analysis
- Class work on Selective Inventory Control (SIC)
Day Five: Category Management and Rethinking the Supply Chain
- Supply chain futures, predictions and what needs to be done
- The improvements for re-engineering end to end supply chains
- Supply chain excellence and shareholder value
- The steps to supply chain excellence
- Developing the supply chain strategy
- Supply chain strategy best practice
Course Objectives
By the end of this training course, participants will be able to:
- Apply a thorough understanding of category management in procurement
- Identify, analyze and evaluate procurement opportunities
- Understand the keys aspects in category management
- Use tools and techniques to improve organization’s competitiveness
- Apply the knowledge in procurement and supply chain in organizational improvements
Course Outline
Day One: Understanding Procurement and Category Management
- Definition and understanding Procurement and purchasing
- Definition of Category Management
- The evolution of Category Management
- Models used in Category Grouping
- The aspects to be considered in category groups
- Managing Selective Inventory Control
Day Two: Maximising Value and Procurement Excellence using Varied Routes
- The Procurement Excellence Roadmap (PER)
- The importance of Category Management in Procurement
- Value improvement using category management
- Value Adding from Categorization
- Class Exercise on Category Management in Procurement
Day Three: Understanding the Supplier Sourcing and Selection Routes
- Traditional purchasing revisited
- Value and risk analysis
- The model in identifying inventory classification
- Best price evaluation
- Understanding collaborative supplier management
- Supplier Portfolio Analysis (SPfA)
Day Four: Recognising and Overcoming the Barriers to Category Management
- Common barriers and challenges
- Overcoming such barriers
- Best Practice in the implementation of new ideas
- Managing price sensitive products
- Economic Order Quantity
- Criticality Analysis
- Class work on Selective Inventory Control (SIC)
Day Five: Category Management and Rethinking the Supply Chain
- Supply chain futures, predictions and what needs to be done
- The improvements for re-engineering end to end supply chains
- Supply chain excellence and shareholder value
- The steps to supply chain excellence
- Developing the supply chain strategy
- Supply chain strategy best practice