GBSLEP Growth Hub: Procurement & Supplier Management Masterclass

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Tamworth Enterprise Centre

Tamworth

B79 7DN

United Kingdom

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Procurement and Supplier Management – How to turn your supplier spend into a business activity that can drive profits, innovation and reduce risk

Too often we see purchasing as a cost that consumes time, resources and which creates risk. It is a task that is delegated to administrative and operational staff who don’t have the time and skills to execute it well. In our first Procurement and Supplier Management seminar we will help delegates to understand what effective procurement can do to drive profitability and reduce risk. We will equip business leaders and manager with an essential skillset to execute effective procurement. We will then build on this to explore how having the right relationships with suppliers can not only help to reduce risk but actually drive innovation for your business. Throughout we will develop understanding through a mix of exercise and take-away tools to use in your business

Procurement workshop: 09:30 - 12:30
Buffet Lunch: 12:30 - 13:30
Supplier Management Workshop: 13:30 - 16:30

What will we cover:

  • What is procurement and how to do it well – it’s much more than just buying
  • How to following a simple procurement process to get from requirement to successful delivery
  • Key things to watch out for in the procurement process including key elements of a contract
  • How to manage suppliers and focus on the ones that are critical to your business
  • How to use effective supplier management to reduce risk and increase innovation
  • Why communication is the key enabler for procurement and supplier management

Who should attend:

  • Business Leaders
  • Finance Managers
  • Procurement / Purchasing Managers
  • Start Up founder

Why should I attend:

  • To learn why having a simple process is critical to effective procurement
  • To understand how best to triage and manage your suppliers to help grow your business
  • To receive practical tools to help you execute better procurement and supplier management
  • To practice your skills in a series of exercises
  • To discuss current procurement and supplier challenges in your business
  • To receive guidance from both an expert advisor and your peers

Date and Time

Location

Tamworth Enterprise Centre

Tamworth

B79 7DN

United Kingdom

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