Key details
Mode of delivery: Classroom-based
Course code: PCM15A
Duration: 5 days
Fee: £4,585.00 + VAT
CPD Hours: 30
Course Overview
This intensive one-week programme provides procurement professionals with core procurement knowledge and strategic insights to optimise procurement processes, supplier selection, and sourcing strategies. Participants will develop a strong foundation in procurement decision-making, category management, and digital procurement transformation, enabling them to drive efficiency and cost savings.
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 Course Review
- Summary and recap of key learning objectives
- Action Planning
Post-Course
- Three (3) 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.
Course dates
Mar 16, 2026 - Mar 20, 2026
Jul 20, 2026 - Jul 24, 2026
Nov 2, 2026 - Nov 6, 2026
