Vendor Cost Reduction
Embracing and Informative approach to Strategic Vendor Sourcing
14 - 15 September 2017 in Kuala Lumpur, Malaysia
17 - 18 September 2017 in Dubai, United Arab Emirates
Registration and Enquiry:
Name: Catherine
Email: [email protected]
DID: +65 6825 9599
Subject Title:
Msia Venue: VCR-KL
Dubai Venue: VCR-DBX
Dear Leaders,
Workshop Overview:
This course is intended to highlight the processes and methodologies whereby a
business, a procurement department and an individual can effectively recognize
the benefits and risks of vendor cost reduction strategies and manage them to
the benefit of themselves, their business or organisation whilst retaining full
control of both the process and the relationship.
About Gillian King MCIPS
Speaker, Trainer, Writer,
Procurement Executive
· Highly-experienced procurement professional and trainer, with over 20
years' experience in global procurement and supply chain management
· Recently she has provided consultancy and training to international
government and 'Blue Chip' organizations in Abu Dhabi and Singapore,
specializing in the Finance and IT industry
· Recent Client include: KPMG, Abu Dhabi Chamber of Commerce, Injazat
Abu Dhabi
Benefits of Attending:
· EXAMINE the definition of strategic sourcing and vendor cost and
pricing.
· UNDERSTAND the breakdown of vendor costs
· APPRECIATE the best pricing initiatives for total cost of ownership
· EXPLORE the right specification to reduce cost structures
· EXAMINE Service Level agreements with a view to obtaining best value
· UNDERSTAND strategic supply management to obtain reduction of vendor
costs
Agenda Overview:
· Category Management & Vendor Management
o Achieving cost reduction targets while maintaining or improving quality
and service
· Strategic Sourcing for cost reduction
o Task Case Study: Tracking vendor performance for continual process
improvement
· Markets and Macro elements
o Task - Analysis of the Macro Markets
· Negotiation Key Elements
o Developing a Negotiation strategy - ZOPA
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