Course Description
This comprehensive 5-day course prepares procurement professionals for the challenges and opportunities of 2030 and beyond. Participants will learn cutting-edge strategies for digital procurement, AI-powered negotiation techniques, and innovative contract management in an increasingly complex business landscape.
Learning Objectives
- Master advanced digital procurement tools and strategies
- Develop AI-enhanced negotiation skills for complex supplier relationships
- Learn innovative contract management techniques for the digital age
- Understand emerging trends and technologies shaping procurement's future
- Acquire skills to drive value, sustainability, and innovation in procurement
Course Modules
Day 1: The Future of Procurement
- Digital transformation in procurement
- Emerging technologies: AI, blockchain, and IoT
- Data-driven decision making
- Sustainable and ethical procurement practices
Day 2: Advanced Negotiation Strategies
- AI-powered negotiation tools and techniques
- Behavioral economics in procurement negotiations
- Cross-cultural negotiation in a global market
- Collaborative negotiation for long-term partnerships
Day 3: Innovative Contract Management
- Smart contracts and blockchain technology
- Risk management in digital contracts
- Performance-based and outcome-driven contracts
- Agile contract management methodologies
Day 4: Strategic Supplier Relationship Management
- Advanced supplier segmentation and evaluation
- Collaborative innovation with key suppliers
- Managing global and diverse supply chains
- Leveraging big data for supplier insights
Day 5: Future-Proofing Your Procurement Function
- Building a resilient and agile procurement organization
- Talent management and upskilling for Procurement 2030
- Integrating ESG factors into procurement strategy
- Measuring and communicating procurement's strategic value
Practical Wins for Participants
- Develop a digital procurement transformation roadmap
- Create an AI-enhanced negotiation playbook
- Design a smart contract template for key suppliers
- Craft a strategic plan for future-proofing your procurement function
Credits: 5 credit per day
Course Mode: full-time
Provider: Blackbird Training Centre
