A PMI® Registered Training Course
Mini MBA for Procurement Professionals:
Mastering the Art of Strategic Procurement
Aligning Procurement & Organisational Strategy
Scheduled Dates
Classroom
| 23 - 27 Dec 2024 | Pretoria - South Africa | $5,950 | RESERVE A SEAT |
| 17 - 21 Feb 2025 | London - UK | $5,950 | RESERVE A SEAT |
| 15 - 19 Jun 2025 | Riyadh - Saudi Arabia | $5,950 | RESERVE A SEAT |
| 23 - 27 Jun 2025 | Dubai - UAE | $5,950 | RESERVE A SEAT |
| 28 Jul - 01 Aug 2025 | London - UK | $5,950 | RESERVE A SEAT |
| 29 Sep - 03 Oct 2025 | Amsterdam - The Netherlands | $5,950 | RESERVE A SEAT |
| 13 - 17 Oct 2025 | Dubai - UAE | $5,950 | RESERVE A SEAT |
| 08 - 12 Dec 2025 | London - UK | $5,950 | RESERVE A SEAT |
| 29 Dec 2025 - 02 Jan 2026 | Pretoria - South Africa | $5,950 | RESERVE A SEAT |
Online
| 17 - 21 Feb 2025 | Online | $3,950 | RESERVE A SEAT |
| 31 Mar - 04 Apr 2025 | Online | $3,950 | RESERVE A SEAT |
| 28 Jul - 01 Aug 2025 | Online | $3,950 | RESERVE A SEAT |
| 08 - 12 Dec 2025 | Online | $3,950 | RESERVE A SEAT |
Are the scheduled dates matching with your needs?
We provide a wider range of training options. Tailored and customized, we can deliver your organisation’s training needs anytime, anywhere.
Why Choose this Training Course?
This Mini MBA for Procurement Professionals course is an intensive 5-day training programme 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 course 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 Procurement Professionals 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 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 exciting PetroKnowledge 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 training seminar, 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 One: 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 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 versus 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
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
In Association With
Frequently Asked Questions
Why PetroKnowledge?
PetroKnowledge is a globally recognized provider of training courses for oil and gas professionals, offering a wide range of specialized training courses designed to enhance knowledge, skills, and expertise in the energy sector. With courses tailored to meet the evolving demands of the oil and gas industry, PetroKnowledge helps professionals stay up-to-date with industry standards, technological advancements, and best practices.
Who are these training courses designed for?
Our courses are specifically developed for professionals in the oil and gas industry, including engineers, technical staff, managers, and other specialists looking to advance their careers. Whether you’re a seasoned expert or new to the sector, our training for oil and gas professionals is suited to individuals at all stages of their professional journey.
Are the courses delivered online or in person?
PetroKnowledge offers flexible learning solutions with both online courses and in-person training options. Online courses for oil and gas professionals provide the flexibility to learn from anywhere, while in-person courses offer a hands-on, interactive learning environment. Each training course page provides detailed information on the delivery format, allowing you to choose the option that best meets your learning style and schedule
Can I get a customized training course for my team?
Yes, PetroKnowledge offers customized in-house training solutions for organizations looking to upskill their teams. We work closely with companies to design bespoke training courses for oil and gas professionals that address specific challenges and objectives. Whether you need on-site training or online solutions, we can tailor the training courses to suit your organization’s needs.
Are there any prerequisites for attending a course?
Certain advanced training courses for oil and gas professionals may require prior experience or technical knowledge. These prerequisites ensure that participants can fully benefit from the course content. We recommend reviewing the course description on the relevant page to determine if any prerequisites apply to your selected course.
How can I enroll in a course?
Enrolling in one of our training courses for oil and gas professionals is simple and convenient. Navigate to the specific course page, click “Enroll Now,” and complete the registration form. You will receive a confirmation email with further details on how to proceed.
You may also get in touch with our Registration Team on
+971 50 981 7386 | +971 2 557 7389 or send an email to [email protected]
When should I expect to receive confirmation of registration?
Upon successful registration online, enrolment on the respective training course will be confirmed by Registration Team by e-mail along with the invoice and joining instruction.
Will I receive a certificate after completing the course?
Yes, upon successful completion of our courses for professionals in the oil and gas industry, you will receive an industry-recognized certificate from PetroKnowledge. This certification is designed to validate your skills and knowledge and can significantly enhance your professional credentials, boosting your career prospects in the competitive oil and gas sector.
When and how do I arrange payments?
We offer two convenient payment options:
- Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
- Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.
What is the refund or cancellation policy?
Our refund and cancellation policy varies depending on the course and circumstances. Generally, cancellations made at least 21 days before the training are eligible for a refund, less any administrative fees. If you have any specific inquiries about the cancellation or refund, don’t hesitate to contact our support team, who can assist with your booking and cancellation queries.
Is there a discount for more than one registrant/course?
For corporate fees and group registration, please send your query to [email protected].
