An Intensive 5-day Training Course
Strategic Skills for Procurement
Mastering the Art of Strategic Global Sourcing and Procurement Excellence
CLASSROOM DATES
INTRODUCTION
The Strategic Skills for Procurement Course by EuroMaTech equips professionals with the advanced knowledge, strategic mindset, and practical tools necessary to drive efficiency, cost savings, and organizational value through procurement excellence.
Modern procurement teams are now recognized as strategic contributors to business success—responsible for managing supplier performance, ensuring value delivery, and supporting operational agility. This Strategic Skills for Procurement Training focuses on empowering procurement professionals to act as proactive business partners, aligning their strategies with organizational objectives while enhancing supplier collaboration and performance.
Participants will gain a comprehensive understanding of strategic sourcing, supplier relationship management, negotiation techniques, and cross-functional collaboration. The course emphasizes the development of critical thinking and analytical abilities required to manage complex supply environments effectively.
Key areas covered in Strategic Skills for Procurement Course:
- Understanding procurement’s strategic role within the organization
- Developing and implementing strategic sourcing frameworks
- Enhancing supplier selection and performance management
- Building negotiation and contract management competence
- Managing procurement risks and driving continuous improvement
- Leveraging global sourcing and cost optimization strategies
TRAINING OBJECTIVES
By the end of this Strategic Skills for Procurement Training, participants will be able to:
- Understand and apply the key principles of strategic procurement management
- Identify the skills required to perform effectively as a professional purchaser
- Implement modern procurement structures, roles, and responsibilities
- Utilize strategic sourcing, negotiation, and supplier management techniques
- Develop strategies for global and international purchasing
- Establish processes for continuous improvement in procurement performance
- Analyze ways to enhance efficiency, value, and cost control
- Apply procurement strategies that address uncertainty and economic volatility
WHO SHOULD ATTEND?
This Strategic Skills for Procurement Course is designed for professionals seeking to elevate their procurement capabilities and align their functions with strategic business goals. It is particularly beneficial for:
- Procurement, Purchasing, and Buying Professionals
- Purchasing Managers, Section Heads, and Supervisors
- Project and Contract Management Personnel
- Users, Technical Specifiers, and Supply Chain Specialists
- Buyers in Public, Private, or Military Organizations
- Professionals in other departments seeking to understand procurement’s strategic impact
TRAINING METHODOLOGY
The Strategic Skills for Procurement Training employs an interactive and experiential approach, ensuring participants gain hands-on exposure to practical procurement strategies. Learning is delivered through instructor-led sessions, case studies, team exercises, role-playing, and discussions of real-world challenges.
Delegates are encouraged to share their experiences, engage in analytical exercises, and participate in negotiation simulations. This approach ensures that participants leave the course with actionable knowledge and confidence to implement new strategies within their organizations.
TRAINING SUMMARY
The EuroMaTech Strategic Skills for Procurement Course provides participants with a strong foundation in modern procurement principles and strategic techniques that enhance value creation and operational performance. The training focuses on developing high-level competencies such as strategic sourcing, supplier engagement, negotiation, and risk management.
By the end of the course, delegates will possess the strategic insight and practical skills to transform procurement from a transactional function into a powerful value-adding discipline. They will be equipped to drive measurable improvements in cost efficiency, supplier collaboration, and business performance across their organizations.
TRAINING OUTLINE
Day 1: Purchasing in the Organisation
- What is the Role of Purchasing in Modern Organisations?
- What is International Best Practice?
- What Do Other Functions Want from Purchasing?
- Supply Chain Management Concepts
- Essentials for Effective Purchasing
- Stages to World Class Procurement
- Developing The Strategic Plan for the Procurement Activity
- Procurement Performance Measurement
Day 2: Essential Skills for Purchasing
- Purchasing Segmentation
- Supplier Intelligence and Planning
- Supplier Selection
- Supplier Reduction and Optimization
- Requests for Information and Requests for Quotation
- Contract Law and Ethics
- Use of Tendering, Negotiation, Direct Sourcing and E-Commerce
Day 3: Strategic Sourcing
- Starting the Strategic Sourcing Process
- Creating Time to Be More Strategic
- New Job Descriptions for Supply Management
- Relations With Other Functions
- Developing the Procurement Price Index
- Dealing with Issues of Ethics
Day 4: Procurement Skills
- Negotiation
- Stock Control and Effective Order Quantities
- Pricing
- Value Analysis
- Cost Analysis
- Total Cost of Ownership & Capital Equipment Life Cycle Costing
- Measuring Suppliers
- Key Performance Indicators (KPIs) for Procurement
Day 5: International Sourcing
- Global Sourcing
- International Buying Process
- International Labour Rates
- Locating International Sources
- Source Evaluation Criteria
- Managing Exchange Rate Risk
- Action Planning for Implementation
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ACCREDITATION
EuroMaTech is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
Euromatech is a Knowledge & Human Development Authority (KHDA) approved training institute in Dubai, licensed and approved to deliver training courses in the UAE.
The KHDA is the regulatory authority in the UAE, that oversees administering, approving, supervising, and controlling the activities of various education providers in the UAE. We are proud of our commitment to ensuring quality training courses and status as a KHDA-approved training provider.
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FAQ
EuroMaTech provides a range of ISO certification and compliance training courses, including:
- ISO 9001 – Quality Management Systems Training
- ISO 45001 – Occupational Health & Safety Management Training
- ISO 14001 – Environmental Management Systems Training
These courses help organizations adopt internationally recognized standards and improve their overall performance.
To register for a training course, you can:
- Visit the EuroMaTech website, browse the available courses, and follow the online registration process.
- Contact EuroMaTech’s support team for assistance with course selection or inquiries about corporate training solutions.
EuroMaTech stands out as a leader in training and professional development due to:
- 30+ years of experience delivering high-impact training courses across industries.
- Accreditations from leading institutions, ensuring top-tier course quality and recognition.
- A portfolio of thousands of training courses, serving professionals at every level.
- A focus on innovation and future-ready learning models, including blended and digital training.
- Long-term partnerships with organizations globally, ensuring sustained success through talent development.
EuroMaTech has successfully delivered thousands of training courses, with thousands of professionals from over 50 countries attending annually.
We are happy to share the profiles of our expert instructors. To learn more about their qualifications and experience, please contact us [email protected]
We provide two flexible training formats to suit your preferences:
- Classroom Training: Experience in-person learning with expert instructors. Engage in interactive discussions, hands-on activities, and benefit from face-to-face networking.
- Online Training: Join live online sessions from anywhere, offering flexibility for those with busy schedules or who prefer remote learning.
- In-House Training: We can bring our training directly to your organization, allowing for tailored sessions that address your specific needs and objectives.
Yes, we provide tailored training solutions designed to meet the specific needs of your organization. Customized courses can be delivered either in-person or online, and you can select the dates and duration that best fit your schedule. For more details, please contact us at [email protected]
Yes, we can assist you with the following:
- Corporate Discount: If available, we can extend our corporate discount for your stay at selected hotels.
- Hotel Suggestions: We can provide recommendations for nearby hotels based on your preferences and budget.
Feel free to explore online booking platforms for the most cost-effective options.
