Individuals at all levels of an organization, whose job function requires them to conduct
strategic sourcing activities, develop commercial bid content, conduct negotiations and/or
conclude contracts.
This includes: Procurement Managers, Procurement Specialists, Category Managers,
Category Specialists, Commodity Managers, Commodity Specialists, Sourcing
Managers, Sourcing Specialists, Contract Managers, Contract Specialists, Risk Managers,
Logistics Managers, Logistics Specialists, Operations Managers, Supply Chain
Managers, Supply Chain Specialists, Commercial Managers, Finance Managers,
Engineering Managers, Facilities Managers, IT Managers, Construction Managers and
Project Managers.

Benefits and Outcomes

• 
  Understand demand management;
  • Prepare budgets to optimize needs satisfaction;
  • Understand Life Cycle Management, incl. Ownership, Economic , Service and
  Depreciable Life;
  • Analyse costs, including Acquisition Costs, Operating Costs and Change Costs;
  • Learn how to build TCO models;
  • Learn how to conduct Opportunity Analysis;
  • Know how to conduct data mining to support and facilitate decision-making;
  • Know how to research opportunities to maximize benefits from resource allocation;
  • Understand the link between Strategic Sourcing and TCO;
  • Develop a structured methodology that can be applied across a wide range of
  commodities;
  • Promote creative thinking, problem solving, collaboration and teamwork.

BTS attendance certificate will be issued to all attendees completing minimum of 75% of the total course duration.

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