Leadership and Strategy in Procurement and Supply Chain Management
INTRODUCTION
Supply chain executives are under pressure to develop more efficient, customer-centric supply chains while finding innovative ways to reduce costs and enable growth. Meanwhile, they are also being asked to take advantage of business opportunities that arose from their economic conditions. Distinguishing Between Management and Leadership: Every supply chain professional is a potential leader. Some professionals become managers, some become leaders, and some become both. Developing successful supply chain leadership: It begins by exploring the distinction between a manager and a leader. A manager feels professionally accountable for his or her actions, while a leader feels both personally and professionally accountable for achieving positive change in an organization.
Course Benefits:
- Understand International Best Practices and influence of the External Environment
- Evaluate internal spend and supply market dynamics to formulate strategic sourcing plan
- Application of different sourcing strategies to leverage savings and ensure supply security
- Management of supplier and market associated risks to protect the interest of the organisation
- Supplier selection, integration Management to achieve an optimum balance between material cost price and quality
- Develop skills required for effective supplier relationships to achieve enhanced value
- Manage performance of procurement processes for continuous improvement
- Gather new insights into developing logistics and supply chain to achieve competitive advantage
- An increased understanding of the impact of logistics and supply chain management on costs and financial performance
- Appreciation of approaches and frameworks that can be applied to different market segments
- Reviews of the latest thinking on supply chain strategy, planning and execution