On completion of this EDP, learners will be able to devise a business case for requirements to be externally sourced and will understand the role of market management and competitive forces as they specify goods and services in procurement and supply.
Analyse how business needs influence procurement decisions; Identify how costs and prices can be estimated for procurement activities; Analyse the criteria that can be applied in the creation of a business case; Interpret financial budgets for the control of purchases; Analyse the different types of markets utilised by procurement and supply; Compare the competitive forces that influence markets; Contrast the breakdown between direct and indirect costs and the types of data that can provide information on cost and price; Analyse different types of specifications used in procurement and supply and sources of information that can be used to create specifications; Identify sections of specifications for through life contracts; Identify the risks that can result from inadequate specifications and mitigation approaches; Identify opportunities to regulate short and longer term specifications. Please click here for the detailed syllabus.
11 Sessions over 11 hours. The exact dates of the program will be announced two weeks prior to the commencement of the training.
Faculty-led, online sessions through GoToWebinar Platform using PowerPoint Presentations with industry examples. Medium of instruction is English.
(1) 11 Online Sessions, (2) Three Months Access to our Learning Management System (LMS), which contains session recordings, presentations, and terminology quizzes, (3) Certificate of Participation.
Venkadesh Narayanan, Principal Consultant at Fhyzics Business Consultants and recognised trainer of ASCM/APICS, USA and CIPS, UK. Please click here for his complete profile.
INR 7500 plus 18% GST (or) USD 125
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Complete the form and download the quote for Executive Development Program on Defining Business Need.
IISCM Digest is from Integrated Institute of Supply Chain Management, a unit of Fhyzics Business Consultants Private Limited. Fhyzics specialises in procurement and supply chain, consulting, and certifications. IISCM is an ACP of Association for Supply Chain Management (ASCM/APICS), USA and ASC of Chartered Institute for Procurement and Supply (CIPS), UK.
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34, Sigamani Nagar 3rd Street
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INDIA 600091.
Email: Certifications@fhyzics.net
Phone: +91-900-304-9000
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