Key details
Mode of delivery: Online Course
Course code: PCM11HO
Duration: 1 day
Fee: £740.00 + VAT
CPD Hours: 6
Course Overview
Procurement is a strategic function that directly influences business growth and operational efficiency. This session explores how procurement integrates into corporate strategy, enabling organisations to achieve competitive advantage. Participants will examine procurement operating models, understanding how to structure procurement teams for maximum effectiveness. The session also covers the transition from transactional procurement to value-driven procurement, ensuring that organisations focus on strategic supplier relationships, risk management, and long-term value creation. Additionally, learners will gain insights into organisational change management in procurement, helping them implement new procurement strategies smoothly.
Agenda
Procurement Strategy and Business Integration
- Aligning procurement with corporate strategy and long-term business goals
- Developing a procurement operating model for strategic impact
- Procurement organisation structures and job functions
- Transitioning procurement from a transactional to a strategic function
- Managing organisational change in procurement transformations
Course Review
- Summary and recap of key learning objectives
- Action Planning
Target Audience
This course is suitable for:
- Heads and Directors of Procurement, and Senior Sourcing Leaders
- Senior Category Managers, Strategic Procurement Managers, and Supplier Relationship Leaders
- Contract Management Leaders, Commercial Directors, and Senior Legal or Commercial Advisors
- Supply Chain and Operations Executives integrating procurement into corporate strategy
- Finance, Strategic Planning, and Procurement Performance Leaders
- Risk, Compliance, Governance, and Procurement Audit Leaders
- Sustainability, ESG, and Circular Procurement Leaders
- Digital Procurement, Transformation, and Systems Leaders
- Senior Negotiators, Business Transformation Leaders, and Executive Decision-Makers
Learning Outcomes
By the end of this course, you will be able to implement a successful strategy that enables you to:
- Align procurement strategies with corporate objectives to maximise business value.
- Design a procurement operating model that enhances efficiency and strategic impact.
- Understand different procurement organisation structures and their role in effective procurement management.
- Transition procurement from a cost-driven function to a strategic enabler of value creation.
- Develop change management strategies to successfully implement procurement transformation initiatives.
