• Module 1 – Understanding the Contribution of Procurement to the Organization
  
• Module 2 – KPI’s and Cost Savings
  
• Module 3 – Cost Reduction and Cost Avoidance
  
• Module 4 – TCO & PLCC 
• Module 5 – Cost Saving Framework
  
• Module 6 – Supplier Cost Elements
  
• Module 7 – Less Understood Costs
  
• Module 8 – Other Cost Saving Approaches

Suppliers are integral to many business entities. They perform a vital role in ensuring that materials are made available at the time and place where they are needed, in the right quality and specifications, and in reasonable quantities where possible. All these are done within manageable costs to all parties involved in the transactions.

While suppliers can form part of a cooperative and collaborative approach to procurement, they are sometimes mired by internal inefficiencies and target profit margins. Similarly, the buying organization too may work within an outdated framework that is not efficient. This may not bode well for both the buying organization and the selling organization.

A strategic approach to procurement with a win-win solution looks at cost as a responsibility of all parties involved. Identifying cost drivers in the buyer-seller relationships, reducing non-value adding activities, eliminating arbitrary costing and seeking value adding activities would result in a stronger and longer-term business relationships.

1. Understanding How Procurement Contributes To Cost Savings Of The Organization
   
2. Understanding How KPI Helps In Cost Savings Measures – Cost Reduction And Cost Avoidance
   
3. Understanding What Is Total Cost Of Ownership And Product Life Cycle Costing?
   
4. Understanding Supplier Pricing Mechanisms
   
5. Understanding What Is Cost Saving Framework And How It Could Help

• Managers, Executives, Officers, Professionals from
  
• Purchasing/Procurement
  
• Distribution & Supply Chain
  
• Costing & Planning
  
• Materials Planning & Control
  
• Logistics
  
• Vendor Development
  
• Suppliers
  
• Finance
  
• Business Development
  
• Merchandizing
  
• Sourcing
  
• Operations
  
• Buyers