Key details
Mode of delivery: Online Course
Course code: PCM19AO
Duration: 10 days
Fee: £6,660.00 + VAT
CPD Hours: 60
Course Overview
This comprehensive two-week programme equips procurement professionals with the knowledge, tools, and strategies to optimise procurement processes, manage supplier relationships, mitigate risks, and enhance contract performance. Covering core procurement principles, strategic sourcing, risk management, contract negotiation, and sustainable procurement, this course provides a holistic learning experience for professionals looking to elevate their procurement expertise. In Week 1, participants will master foundational procurement strategies, exploring CIPS Procurement and Supply Cycle, supplier segmentation techniques (Kraljic Matrix), digital procurement transformation, and global procurement best practices. The focus will be on optimising supplier selection, category management, and implementing procurement technology.
In Week 2, the course shifts to advanced procurement strategies, including risk management, contract lifecycle optimisation, bid evaluation, supplier performance measurement, and ESG-focused procurement strategies. Participants will gain practical insights into negotiation techniques, compliance frameworks, and resilience planning to handle complex procurement environments. Through real-world case studies, interactive exercises, and strategic discussions, attendees will develop actionable procurement strategies that enhance efficiency, drive cost savings, and align with organisational objectives.
Agenda
Day — 1 Foundations of Procurement Strategy
- Overview of the CIPS Procurement and Supply Cycle and its role in corporate strategy.
- Procurement maturity models and how organisations move from cost savings to value creation.
- Understanding the Kraljic Matrix and how it helps in segmenting suppliers based on risk and value to the organisation.
- Comparison between public and private procurement frameworks and their governance structures.
- Ethical procurement principles, corporate social responsibility (CSR), and their impact on supplier relationships.
Day — 2 Global Procurement and Supplier Relationship Management
- Supplier sourcing methods and best practices
- Competitive vs. non-competitive procurement approaches
- Supplier segmentation techniques and risk assessment
- Ensuring transparency and compliance in procurement
- Risk mitigation in supplier relationships
Day — 3 E-Procurement and Digital Transformation
- Introduction to digital procurement and automation
- AI and predictive analytics in procurement decision-making
- E-Sourcing and E-Tendering best practices
- Implementing E-Auctions and Dynamic Purchasing Systems (DPS)
- Blockchain and smart contracts for procurement transparency
Day — 4 Procurement’s Role in Supply Chain Strategy
- The link between procurement and supply chain management
- Category management strategies for procurement optimisation
- Defining business needs: inputs, outputs, and expected outcomes
- Stakeholder engagement and collaboration in procurement decisions
- Aligning procurement with ESG and sustainability goals
Day — 5 Weekly Review
- Summary and recap of key learning objectives
- Action Planning
Day — 6 Strategic Sourcing and Bid Evaluation
- Developing a procurement strategy using CIPS and CMBoK principles
- Writing an effective Statement of Requirement (SOR) and Scope of Work (SOW)
- Supplier prequalification and evaluation techniques
- Bid evaluation methodologies and selection criteria
- Applying negotiation frameworks to achieve best value
Day — 7 Managing Procurement Risk and Supply Chain Disruptions
- Identifying key procurement risk areas and vulnerabilities
- Risk assessment and mitigation strategies in procurement
- Contract risk allocation and compliance management
- Managing supply chain disruptions and contingency planning
- Ethical procurement practices and fraud prevention
Day — 8 Advanced Contract Management and Supplier Performance
- Contract life cycle management and governance
- Selecting the right contract type: Fixed-price vs. cost-reimbursable contracts
- Key contract negotiation strategies and dispute resolution
- Supplier performance monitoring and evaluation metrics
- Procurement Key Performance Indicators (KPIs) and continuous improvement
Day — 9 Sustainable and ESG Procurement Strategies Implementing sustainability in procurement using ISO 20400 and CIPS frameworks
- Integrating ESG (Environmental, Social, and Governance) criteria in supplier selection
- Understanding the impact of local content requirements on procurement decisions
- Innovations in sustainable supply chain management
- Ethical sourcing and corporate social responsibility in procurement
Day — 10 Course Review
- Summary and recap of key learning objectives
- Action Planning
Post-Course
- Six (6) x hour-long Executive Coaching sessions at monthly intervals following Course Completion
Target Audience
This course is suitable for:
- Procurement Officers
- Category Managers
- Supply Chain Managers
- Contract Managers
- Sustainability and ESG Officers
- Procurement Analysts
- Senior Procurement Managers
- Finance and Compliance Professionals
Learning Outcomes
By the end of this course, you will be able to implement a successful strategy that enables you to:
- Develop strategic sourcing plans aligned with organisational goals and procurement best practices.
- Draft clear and effective Statements of Requirement (SOR) and Scope of Work (SOW) to define procurement needs.
- Implement supplier prequalification and evaluation techniques to ensure vendor reliability and compliance.
- Apply structured bid evaluation methodologies to select the most suitable suppliers.
- utilise negotiation frameworks to achieve the best value in procurement contracts.
- Identify and assess key risks in procurement processes and supplier management.
- Develop risk mitigation strategies to minimize procurement disruptions and financial exposure.
- Apply contract risk allocation principles to ensure legal and financial protection.
- Implement contingency planning to address supply chain disruptions and external market factors.
- Ensure compliance with ethical procurement practices and develop fraud prevention mechanisms.
- Understand the full contract life cycle and its impact on procurement efficiency.
- Identify and apply the appropriate contract type based on procurement needs and risk considerations.
- Develop negotiation strategies to secure favorable contract terms and resolve disputes effectively.
- Implement supplier performance monitoring tools and evaluation frameworks.
- utilise procurement KPIs to drive continuous improvement and enhance contract outcomes.
- Apply sustainability principles and best practices in procurement processes.
- Integrate ESG criteria to enhance ethical supplier selection and corporate sustainability goals.
- Assess the implications of local content requirements on procurement strategies.
- Explore innovations in sustainable supply chain management, including circular economy approaches.
- Ensure ethical sourcing and corporate social responsibility (CSR) compliance in procurement activities.
- Develop strategic sourcing plans aligned with organisational goals and procurement best practices.
- Draft clear and effective Statements of Requirement (SOR) and Scope of Work (SOW) to define procurement needs.
- Implement supplier prequalification and evaluation techniques to ensure vendor reliability and compliance.
- Apply structured bid evaluation methodologies to select the most suitable suppliers.
- utilise negotiation frameworks to achieve the best value in procurement contracts.
- Identify and assess key risks in procurement processes and supplier management.
- Develop risk mitigation strategies to minimize procurement disruptions and financial exposure.
- Apply contract risk allocation principles to ensure legal and financial protection.
- Implement contingency planning to address supply chain disruptions and external market factors.
- Ensure compliance with ethical procurement practices and develop fraud prevention mechanisms.
- Understand the full contract life cycle and its impact on procurement efficiency.
- Identify and apply the appropriate contract type based on procurement needs and risk considerations.
- Develop negotiation strategies to secure favorable contract terms and resolve disputes effectively.
- Implement supplier performance monitoring tools and evaluation frameworks.
- utilise procurement KPIs to drive continuous improvement and enhance contract outcomes.
- Apply sustainability principles and best practices in procurement processes.
- Integrate ESG criteria to enhance ethical supplier selection and corporate sustainability goals.
- Assess the implications of local content requirements on procurement strategies.
- Explore innovations in sustainable supply chain management, including circular economy approaches.
- Ensure ethical sourcing and corporate social responsibility (CSR) compliance in procurement activities.
Course dates
Mar 16, 2026 - Mar 27, 2026
Jul 20, 2026 - Jul 31, 2026
Nov 2, 2026 - Nov 13, 2026
