Procurement Management (Source to Supply)

Procurement Management is a competitive weapon that distinguishes successful and profitable organizations from others within the same industry. In most cases it is the largest budget of the organization, taking up to about sixty to eighty percent of total payout. The impact of procurement on business performance hits the profit margins. Thus, the smaller the profit margin, the more critical is the focus on reducing the procurement costs and risks simultaneously. Every small improvement in procurement will have significant savings.

By the end of this Developing Proficiencies in Procurement Management program, you will be able to:

• Understand the procurement levels from operational to strategic.
• Learn the tactical factors of the procurement or purchasing supply cycle.
• Realize the importance of supplier development and negotiation.
• Familiarize the administration and monitoring of supply contracts.
• Explain the trade terms of purchaser and supplier Incoterms usage.

An empowerment course for all Supply Chain Management staff

A mandatory course for all personnel in Sourcing, Purchasing,

Ordering, Receiving, Supplying, Costing and Finance 

A workshop based seminar with assignments and interactive group activities reinforcing the understanding of learning points and related participant’s job scope

“In this online course, I learned so much about Strategic Sourcing, Logistic, Supplier Relationship, SOW, Incoterm 2020, Marine Insurance CIF. After the course, I feel so much more confident in understanding the entire Logistics canvas. The trainer is very knowledgeable in the subject matter.”_ Mohd Azlan Bin Mustaffa, Head of SIRIM

“Before attending the course, I was excited to learn about procurement management. During the course, I learned about The Relationship Between Procurement, Supplier Management, and Purchasing, 3 golden rules negotiation, framework in purchasing, incoterms 2010 and 2020. After the course, I feel so good because I gained so much new knowledge about strategic procurement, Negotiation, and incoterms.”

“Good training and trainer. I have gained so much knowledge and experience after attending this training in Procurement. Mr. Stephun Kum, the expert training is able to answer all my questions and his lectures and explanation are easy to understand.” _Khairil, SIRIM