ANALYSING PROCUREMENT SPENDING
Spend analysis is one of the key tools that procurement organisations use to proactively identify opportunities to maximise their buying power. This course is intended for delegates who are involved in the compilation and analysis of procurement plans and reports. Delegates attending the workshop will be able to benefit from reasonable experience and knowledge of the procurement process and the demand management function.
This is a two (2) day intensive course. The course is conducted through:
- Regular scheduled public courses
- On-site (In house) courses for organisations or sectors’
The workshop is suitable for procurement and supply chain practitioners:
- Accounting Officers
- Chief Financial Officers (CFO’s)
- Head of Supply Chain Management,
- Supply Chain Management Practitioners,
- Senior Managers and Managers,
- Bid Committee Members, and
- End users who operate in cross -functional teams.
Relevant work experience
By the end of this course, participants should be able to:
- Demonstrate the importance of procurement plans.
- Understand the importance of proper implementation of procurement plans.
- Analyse procurement spend in their organisation.
- Determine guidelines for procurement reporting and monitoring of spending.
- Understand procedures that need to be followed in analysing procurement
spend.
Module 1: Introduction to demand management
Module 2: Introducing different approaches in obtaining an accurate demand for goods and services
Module 3: Examine the various methods that can be utilised to identify your expenditure categories
Module 4: Uncovering the importance of Spend Analysis in any organisation
This practical two-day course is designed for personal development. The format of the workshop will be highly interactive, reflective and relevant to the participants. The facilitator will stimulate discussion relating to your work experiences.
Top 4 reasons why you can’t miss this course!
1. Learn how to conduct spend analysis
2. Acquire a good practice guide on procurement spend analytics
3. Guard against financial mismanagement
4. Benchmark spending trends
A certificate of completion of course will be awarded to delegates who attend and
complete the training course as well as the award of CPD points.
Do you have 8 or more delegates and want to run this course Onsite?
Click here to request a quote and get more information about our onsite training.
