Developing Procurement Function

Online teaching

• Mondays 15.1, 29.1, 12.2, 4.3 at 17.00 - 20.00

Objective

The student is able to

• identify the role of different internal and external stakeholders in the procurement process.
• analyze and develop the performance management for operational procurement process and strategic procurement.
• set a target level for supplier performance and create effective and sustainable supplier requirements.
• create effective ways to measure the performance of the procurement organization and suppliers and develop meaningful KPI’s for both.
• apply sustainable procurement principles in supplier performance management.
• apply the content of the relevant quality management rules and standards in procurement.
• encourage the suppliers in developing their quality management systems.

Content

• Procurement process
• Procurement organization’s effectiveness & competence
• Supplier performance management
• Quality management in procurement
• Development of suppliers' quality management

Online teaching

• Tuesdays 23.1, 6.2, 27.2, 12.3 at 17.00 - 20.00

Objective

The student acknowledges the value of supply market intelligence in procurement and is able to evaluate

• the potential changes caused by digitalization to procurement and draw practical conclusions from the procurement technology landscape.
• the automation needs of procurement, to understand procure- to-pay- process design and to make recommendations on full-house-suite or best-of-breed solutions.
• where relevant data to support decision-making in procurement can be obtained and to utilize the data effectively in a practical setting.

The student is able to

• analyze supply markets with advanced tools and information sources.
• utilize procurement analytics in identifying opportunities and potential for savings, in risk management, and in forecasting.
• make effective use of procurement analytics in performance management and benchmarking.
• identify suitable tools for driving supply chain sustainability.

• Content

• Data management and data strategy
• Procurement digitalization
• Procurement analytics
• Supply market intelligence
• Metrics and dashboards

Online teaching

• Tuesdays 19.3, 2.4, 16.4, 7.5 at 17.00 - 20.00

Objective

The student understands the principles of category management and can apply supplier relationship management strategy to suitable procurement categories. The student is able to

• apply the central theories, models and tools for developing the procurement function.
• create a risk map and gap-analysis and find development topics in procurement.
• create effective risk management strategies for procurement.
• evaluate possibilities for early supplier involvement (ESI) in new product development and understands the importance of stakeholder management in ESI.

Content

• Category management
• Supplier relationship management
• Risk Management
• Early supplier involvement in new product development