Petroknowledge

An Interactive 5-Day Training Course

Mini MBA for Procurement Professionals: Mastering the Art of Strategic Procurement

Aligning Procurement & Organisational Strategy

Mini MBA Series PMI® Registered Training Courses

Mini MBA for Procurement Professionals: Mastering the Art of Strategic Procurement

Scheduled Dates

Classroom

15 - 19 Jun 2026
Riyadh - Saudi Arabia
$5,950
22 - 26 Jun 2026
Dubai - UAE
$5,950
27 - 31 Jul 2026
London - UK
$5,950
28 Sep - 02 Oct 2026
Amsterdam - The Netherlands
$5,950
12 - 16 Oct 2026
Dubai - UAE
$5,950
07 - 11 Dec 2026
London - UK
$5,950
28 Dec - 01 Jan 2027
London - UK
$5,950
22 - 26 Mar 2027
London - UK
$5,950
14 - 18 Jun 2027
Riyadh - Saudi Arabia
$5,950
21 - 25 Jun 2027
Dubai - UAE
$5,950
26 - 30 Jul 2027
London - UK
$5,950
27 Sep - 01 Oct 2027
Amsterdam - The Netherlands
$5,950
11 - 15 Oct 2027
Dubai - UAE
$5,950
27 - 31 Dec 2027
London - UK
$5,950

Online

20 - 24 Apr 2026
Online
$3,950
27 - 31 Jul 2026
Online
$3,950
07 - 11 Dec 2026
Online
$3,950
19 - 23 Apr 2027
Online
$3,950
26 - 30 Jul 2027
Online
$3,950
06 - 10 Dec 2027
Online
$3,950

Why Choose this Training Course?

This Mastering the Art of Strategic Procurement is an intensive 5-day 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 concentrates on the core leadership strategies, financial implications and sourcing activities.

This training course 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
  • Defining and apply sourcing strategies in line with your organizational goals and objectives
  • Building collaboration and long term supplier relationships

What are the Goals?

By the end of this training course, participants will be able to:

  • Understand the benefits of strategies that create and lead change
  • 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
  • Maximise supplier contribution and performance

Who is this Training Course for?

Professionals interested in furthering their leadership and procurement management skills would benefit from this Mastering the Art of Strategic Procurement training course. 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

How will this Training Course be Presented?

Participants will learn by active engagement during the training course through the use of programme materials, exercises, videos and group discussions on “real life” issues. Procurement management knowledge, skills, tools and techniques are taught through case studies, experiential exercises and practical examples that can be used immediately to improve your procurement results.

Organisational Impact

This training course 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 training course, participants will be able to:

  • Understand the benefits of strategies that create and lead change
  • 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 1: Procurement Leadership
  • Perceptions of leadership in the field of procurement
  • Management versus 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 2: 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 3: 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 4: Global Sourcing and Critical Procurement Strategies
  • Defining Procurement Excellence
  • Definition of Sourcing Strategy and Critical Supply Strategies
  • Tactical versus Strategic Sourcing
  • Developing the Strategic Procurement Plan
  • Using international supply chains for competitive advantage
  • Developing a framework for managing contract risk
Day 5: 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

Also available under the title Procurement Management Professional

Certificate

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

Accreditation

Mini MBA Series PMI® Registered Training Courses

In Association With

GLOMACS Training
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Oxford Management Centre
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The Energy Training Centre
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Would an alternative date be more suitable?

We offer a variety of tailored training options, customized to meet your organisation's needs. Delivered anytime, anywhere, we make it easy to bring expert training directly to your team.

Related Categories

Procurement & Supply Chain

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