Strategic Sourcing, Procurement Planning & Vendor Management

Procurement teams often face urgent purchases when material planning begins only after customer demand is confirmed. Limited visibility into expected requirements, supplier lead times and inventory availability can create shortages, higher purchasing costs and delivery pressure. This one-day program helps teams build a more proactive approach to procurement planning and vendor management. Participants explore how sales, production, inventory and procurement inputs can be combined to improve material readiness while managing demand uncertainty. The workshop covers strategic sourcing, vendor evaluation, supplier performance and supply continuity. Through practical exercises, participants develop working tools for prioritising purchases, reviewing vendors and addressing recurring supply challenges.