Petroknowledge

An Interactive 5 - Day Online Training Course

Mini MBA For Procurement Professional

Mastering the Art of Strategic Procurement

Print this Course

Code Date Time Fee($)
OL040 06 - 10 Dec 2020 11:00 to 16:00 Dubai [GMT +4] 2,350
OL040 25 - 29 Jul 2021 11:00 to 16:00 Dubai [GMT +4] 2,350
OL040 05 - 09 Dec 2021 11:00 to 16:00 Dubai [GMT +4] 2,350

*All fees are exclusive of VAT


Why Choose this Online Training Course?

This Procurement Professionals mini MBA is an intensive 5-day Petroknowledge online training course designed to meet global changes in transformational leadership, finance and procurement strategies. In today’s world middle and senior managers are faced with increasingly complex “value chain management”. A strategic approach to procurement can give organisations a competitive advantage by maximizing benefits received in return for spend, therefore professionals need to understand the various elements driving change strategies, ensure cost efficiencies and achieve competitive procurement in a global environment. This Petroknowledge Procurement Professional Mini MBA concentrates on the core leadership strategies, financial implications and sourcing activities.

This Petroknowledge online training seminar will feature:


Training Objectives

What are the Goals? 

By the end of this Petroknowledge online training seminar, participants will be able to:

  • To understand the benefits of strategies that create and lead change
  • To apply tools and techniques that develop strategic thinking and innovation
  • Implement Analysis and Problem Solving
  • Understand total cost of ownership
  • Develop robust service level agreements
  • Maximising supplier contribution and performance

Target Audience

Who is this Online Training Course for?

Professionals interested in furthering their leadership and procurement management skills would benefit from this Petroknowledge Mini MBA for Procurement Professionals online training seminar. It will also be beneficial to:

  • Managers and Leaders involved in major global sourcing activities
  • Finance Professionals involved with major capital expenditure projects
  • Senior Procurement Professionals
  • Project Managers
  • Contract and Procurement Managers
  • Senior Buyers
  • Commodity Procurement Specialists

Training Methods

How will this Online Training Course be Presented?

This PetroKnowledge online training course will utilize a variety of proven online learning techniques to ensure maximum understanding, comprehension, retention of the information presented. The training course is conducted online via an Advanced Virtual Learning Platform in the comfort of your choice location.

Organisational Impact

This exciting Petroknowledge online training seminar will feature:

  • Understanding of strategic leadership in the economic context for your business
  • Developing innovation approaches for strategy development
  • Enhancing costs awareness within the value chain and understanding the impact on the bottom line
  • Apply powerful interpersonal techniques to improve communication, and stakeholder management
  • Defining and apply sourcing strategies in line with your organizational goals and objectives
  • Building collaboration and long term supplier relationships

Personal Impact

By the end of this Petroknowledge online training seminar, participants will be able to:

  • To understand the benefits of strategies that create and lead change
  • To apply tools and techniques that develop strategic thinking and innovation
  • Implement Analysis and Problem Solving
  • Understand total cost of ownership
  • Develop robust service level agreements
  • Maximising supplier contribution and performance

Daily Agenda

Day One: Procurement Leadership

  • Perceptions of Leadership in the Field of Procurement
  • Management vs. Leadership
  • Transformational Leadership in Procurement
  • The Leadership Challenge: Balancing Strategy and Culture
  • Leadership in Strategic Thinking Organisations
  • Understanding the Interrelated Factors that Impact Procurement

Day Two: Aligning Procurement to Organisational Strategy

  • Participating in the Strategic Implementation Planning Process
  • Recognizing and Interpreting forces in the Strategic Environment
  • Strategic Implementation - Tools and Frameworks
  • Analysing and Prioritizing Strategic Sourcing Issues
  • Harnessing Uncertainty and Risk
  • Converting Strategy into Action

Day Three: Cost Awareness and Financial Impact Along the Value Chain

  • From Strategic Planning to the Operating plan
  • Budgeting and Costing along the Value Chain
  • Fixed vs. Variable Costs
  • Contribution Margin
  • Direct vs. Indirect Costs
  • Performance Measurement and Impact on The Bottom Line

Day Four: Global Sourcing and Critical Procurement Strategies

  • Defining Procurement Excellence
  • Definition of Sourcing Strategy and Critical Supply Strategies
  • Tactical vs. Strategic Sourcing
  • Developing the Strategic Procurement Plan
  • Using International Supply Chains for Competitive Advantage
  • Developing a Framework for Managing Contract Risk

Day Five: Developing and Maintaining Long-term Supplier Relationships

  • Implications on Supplier Selection Procedures
  • Turning Vendors into Partners
  • Relationship Management – suppliers and stakeholders
  • Performance Improvement Metrics
  • The Service Level Agreement Framework
  • Applying the Right Incentives for the Right Outcome

Certificates

  • On successful completion of this online training course, PetroKnowledge E-Certificate will be awarded to the delegates
  • On successful completion of this PetroKnowledge online training course, E-Certificate with eligible Professional Development Units (PDUs) / Contact Hours from Project Management Institute (PMI®), will be awarded to the delegates

Related Courses

Reference

Project Management Institute, A Guide to the Project Management Body of Knowledge (PMBOK® Guide), PMBOK® Guide – Sixth Edition (2017).


Register Quick Enquiry Request an In-House Proposal
Home » Courses » Supply Chain Management » Mini MBA For Procurement Professional
PetroKnowledge Training


Mini MBA For Procurement Professional
Mastering the Art of Strategic Procurement


Code Date Venue Fees
OL040 06 - 10 Dec 2020 N/A $2,350
OL040 25 - 29 Jul 2021 N/A $2,350
OL040 05 - 09 Dec 2021 N/A $2,350



Why Choose this Online Training Course?

This Procurement Professionals mini MBA is an intensive 5-day Petroknowledge online training course designed to meet global changes in transformational leadership, finance and procurement strategies. In today’s world middle and senior managers are faced with increasingly complex “value chain management”. A strategic approach to procurement can give organisations a competitive advantage by maximizing benefits received in return for spend, therefore professionals need to understand the various elements driving change strategies, ensure cost efficiencies and achieve competitive procurement in a global environment. This Petroknowledge Procurement Professional Mini MBA concentrates on the core leadership strategies, financial implications and sourcing activities.

This Petroknowledge online training seminar will feature:


Training Objectives

What are the Goals? 

By the end of this Petroknowledge online training seminar, participants will be able to:

Target Audience

Who is this Online Training Course for?

Professionals interested in furthering their leadership and procurement management skills would benefit from this Petroknowledge Mini MBA for Procurement Professionals online training seminar. It will also be beneficial to:

Training Methods

How will this Online Training Course be Presented?

This PetroKnowledge online training course will utilize a variety of proven online learning techniques to ensure maximum understanding, comprehension, retention of the information presented. The training course is conducted online via an Advanced Virtual Learning Platform in the comfort of your choice location.

Organisational Impact

This exciting Petroknowledge online training seminar will feature:

Personal Impact

By the end of this Petroknowledge online training seminar, participants will be able to:

Daily Agenda

Day One: Procurement Leadership

Day Two: Aligning Procurement to Organisational Strategy

Day Three: Cost Awareness and Financial Impact Along the Value Chain

Day Four: Global Sourcing and Critical Procurement Strategies

Day Five: Developing and Maintaining Long-term Supplier Relationships

Print Page

© 2020. Material published by Petroknowledge shown here is copyrighted.

All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.


Sending your message. Please wait...

Close

There was a problem sending your message. Please try again.

Please complete all the fields in the form before sending.

Download PDF

© 2020. Material published by Petroknowledge shown here is copyrighted.

All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.


Sending your message. Please wait...

Close

There was a problem sending your message. Please try again.

Please complete all the fields in the form before sending.

Continue Exploring

Download The Complete PetroKnowledge Training Schedules Here