Introduction
MISI understands that each one of us are going through some difficult situations during these unprecedented times. However, we hope that will not stop you to keep polishing your skills and enhance your knowledge for your own benefits. That is why you deserve a fast-track journey to receiving a Certification of Competency in Procurement from MIT Global SCALE Network by going through our special sessions only within a month.
What are the benefits for you in joining this certification?
Let us support and help you up-skilling your skillsets for your future career. Grab this opportunity as soon as possible due to only few limited seats available.
Negotiation
This course provides an introduction to negotiation in a procurement context (i.e., negotiations between a buyer and a vendor/supplier). The objective is to provide the participant with a structured foundation in the preparation and conduct of such negotiations. Since practice is key in building up expertise in negotiation, case studies and exercises/games will be used to supplement lectures.
Category Management
In this short course, you will be introduced to category management in procurement. Category Management builds on the basics of good procurement practices to help companies generate additional value from their procurement process. You will learn what category management is, whether it can be significant for your organization, the key factors in developing effective category management, an implementation approach, and then how to realize value for your company.
Supplier Relationship Management
Procurement is not a "buy and forget" task. In most cases, significant effort has to be expended in supplier relationship management after the contract has been signed and the material begins to flow. In this course, several key elements of good supplier relationship management (SRM) will be discussed. Participants should be conversant with SRM and capable of framing a SRM program for their suppliers at the end of this course. While SRM is often considered a "soft" skill and not valued as highly as say "cost reduction", with today's pace of technology change SRM becomes key to staying atop the competition through leveraging supplier innovation capability.
Total Cost Analysis
Often procurement decisions are still made on piece costs ignoring supply chain and other indirect costs. In the world of global sourcing such decisions can end up being very expensive mistakes. In this course, the focus is on developing the skills to correctly evaluate total landed costs (TLC) and estimate total costs of ownership (TCO) if applicable. Participants will learn how to apply TLC and TCO to make improved sourcing decisions through hands-on team exercises and discussions.