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SPM Strategic Procurement Master

Maximizing Efficiency and Value through Strategic Procurement

Rated : 4.7 9216 views Duration :5 Days Level : Intemediate
Last Updated: 2023-03-30 09:03:23 English Delivery Format: Live Training
Live Training
$780 $1,20035% off
6 days left at this price!
Next Batch Starting on:

May 15 - May 19

10:30 AM to 01:30 PM EST

30-Day Money-Back Guarantee

It Includes

  • 5 Days training program
  • Live Virtual Training
  • Learn on any PC/Mobile/Tablet
  • Unlimited Doubt Sessions
  • Online Labs (if applicable)
  • Official Courseware & Kits
  • Get Recording after session
  • Get Certificate of Completion
  • Mock Tests & Exam Preps
  • Classroom Training (Optional)

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Course Overview


This 5-day master class provides delegates with practical Procurement skills that provides a competitive edge across their relevant sectors. Focusing on Cost out and Value add will Control your operating costs, minimize supply chain risks and maximize your business profits. Mastery of Procurement and Supply management provides a competitive advantage to all companies. This fiveday master class includes how to build and manage an optimal procurement function in direct and indirect spends that delivers both business and procurement targets. This master class provides in depth knowledge for strategic Procurement specialists operating in Supply Chain and Procurement. Through a systematic approach and a controlled process, you will successfully move from tactical to a strategic procurement master

Who Should Attend?

Everyone whose job entails spending money or managing third party suppliers, and the task of Procurement and Supply chain will benefit from this 5-day master class. Including: Supply Chain: Managers, Planners, Schedulers, Analysts. Procurement: Managers, teams, Buyers, Planners, Category Managers. Also functions interacting with Procurement, including: Financial personnel, budget-holders, Internal Auditors, Quality managers and teams, in-house engineers, Contract/ relationship and Vendor managers, Risk and compliance personnel, Spend analysis specialists, Transformation Project and Program Office managers and Operational personnel. Sales and Marketing Managers and teams.

Course Outline

  • Strategic Procurement Mastery

  • Planning Procurements outcomes is critical for Success

  • Engaging with Business Stakeholders Procurement rarely own a spend budget, so they must engage effectively with the senior stakeholders of the business to gain coverage and influence across the spend base

  • Category Management Implementation

  • Driving change and managing the supply market organizes procurement resources to focus on specific areas of spend, thus creating new opportunities for savings and value.

  • Application of Cost Price and Value Analysis To fully understand how to manage expenditure Procurement must understand the assembly of costs that build suppliers prices

  • Capturing and Reporting your Benefits Procurement must show its success through financial benefits and risk prevention. This is part of the extensive reporting it must be undertaken

  • Strategic Sourcing

  • The process of identifying, evaluating, negotiating and optimizing the procurement of strategic goods and services that best support the strategic objectives of the business. The process should aim to standardize the sourcing process within an organization

  • Strategic Tendering The use of tendering tools is an essential lever for Procurement in managing supplier expenditure

  • Supplier Selection and Appointment How you define your selection criteria for a supplier based on your priorities is key to procurement mastery

  • Strategic Sourcing Models and Tools The application and use of strategic tools to understand macro and micro impacts on procurement will assist in reducing costs and increasing value

  • Negotiating Outcomes A core skill to drive outcomes is the ability to negotiate successfully both with external vendors and internal stake holders

  • Vendor Relationship Management

  • Integrating Supplier Relationship Management into your Procurement program will deliver mutually beneficial relationships with suppliers, encourage improved communication, enhance openness and create transparency

  • Legal Contracts To protect Value and prevent risk. Understanding that the benefits of sourcing is within the contract duration and means locking in the sourcing benefits

  • Supply Chain Management Procurements role sits in the wider organization and to be successful must understand the logistics and operations of the business

  • Review

  • Assessment and Exam

Learnfly is a leading online e-learning marketplace, which has been assisting individuals & Corporate employees to learn new skills to achieve personal and professional goals. Having global instructor base with over hundreds of courses, our e-learning marketplace aims to reinforce the professional efficiency of individuals through online e-learning courses that are strategically designed to revolutionize your presence in the industry.
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Frequently Asked Questions

  • Who is the ideal candidate for the SPM Strategic Procurement Master program?

    The program is designed for procurement professionals, supply chain managers, and executives who are looking to enhance their skills and advance their careers in procurement. It is also suitable for individuals who are seeking a career change and are interested in pursuing a role in procurement.
  • What are the benefits of completing the SPM Strategic Procurement Master program?

    Completing the program provides individuals with a deep understanding of strategic procurement approaches and techniques that can be applied in real-world business scenarios. It also enhances their analytical, leadership, and communication skills, making them more valuable to their organizations. Additionally, individuals can earn a recognized certification that validates their expertise in the field.
  • Is the SPM Strategic Procurement Master program available online or in-person?

    The program is available both online and in-person. The online program provides individuals with the flexibility to learn at their own pace and from anywhere in the world. The in-person program offers the opportunity for individuals to engage with instructors and other participants in a classroom setting.
  • How does Live Training works?

    Live training, also known as online training, is a method of delivering training in real-time over the internet. The trainer and the trainees are connected through video conferencing software, allowing for interactive communication and collaboration. During live training, the trainer can present materials, lead discussions, answer questions, and engage with the trainees in real-time.
  • Does Learnfly offer Classroom & Onsite training as well?

    Yes. We Do! We do offer classroom, onsite, group sessions & 1 on 1 training for selective courses. Contact our support team and our team will assist you with the process.
  • Do you provide certification and exam assistance?

    Yes! We provide assistance in scheduling & preparing for your exam after a successful training completion. Once you successfully pass your exam, you will be awarded with a certification.
  • What if I miss my scheduled class or want to reschedule?

    No worries. You can simply request for the next date as per your availability.
  • Can I change the trainer if not satisfied?

    We only provide highly qualified and certified trainers with 100% satisfaction rate. However, if you are not satisfied with the trainer, you can request for a free replacement.
  • Do I get a lab access with the course?

    Yes! If your training require a lab access, then it will be included in the price.
  • Is Learnfly accredited?

    Yes! Learnfly is accredited with many renowned vendors like Microsoft, ISACA, VMWare, PECB, EC Council. Cisco and many more.
  • Are Learnfly Instructor's Certified?

    Yes. We only provide training via Certified Instructors.
  • Where is Learnfly Located?

    Learnfly is a global training provider with locations in India, United States, United Kingdom, UAE, Australia & Africa.
  • Does Learnfly offer after training support?

    Yes. We offer 1 month free support after your training completion for any queries related to your course, examination etc.
  • What is Learnfly Platform?

    Learnfly Platform is an omnnichannel Learning Management System that allows you to access thousands of self paced courses, attend live classes, track certifications, access interactive quizzes & assignments, Online labs, connect with Instructors & do much more. Join the platform to know more.
  • Do you offer a demo live session with an instructor?

    Yes! If you need a demo session to get a feel of live training or to evaluate an instructor, then you can request for a 15 minutes free live session. Connect with our training team for more info.
  • Can I get a refund if not satisfied?

    All of our training comes with 30 days money back guarantee. Refunds are only applicable on instructor training. Exam, labs are non-refundable.
  • How can I make a payment for my training?

    We accept all major payment methods like debit/credit card, PayPal and Bank Wire transfer. For bank transfer, please contact us at
  • How can i get started?

    Super! Simply click on "Book Now" button on this page to reserve your seat and make a payment. You can choose from available schedules or provide your own. For anything else like quotation, purchase order, bank wire details etc, please contact our training team at See you learning with us soon!
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