Book with Confidence: If your plans change, go virtual, come later on, or get a full refund.

Procurement and Managing Suppliers – Level 1

Course Information:

Online 12 hours Flexi-date£1,750.00
In-House Agreed with client FlexiblePOA
London 5 days 03-Jan£3,500.00
London 5 days 02-May£3,500.00
London 5 days 05-Sept£3,500.00


    Please ensure you fill out all fields

    With your permission, we would also like to keep you updated about programs and/or services similar to the one you are enquiring about as well as special offers, L&D updates and content to help you with your ongoing learning and development. If this is okay please tick the box below

    Subscribe to our newsletter

    Your personal details are very important to us and we only use them for admin reasons only, unless you have asked to receive our newsletter and marketing. This is in accordance with our Privacy Policy

    LCT 2022 Brochure
    LCT 2022 Brochure

    Who should attend?

    • Purchasing executives and professional staff from supply chain management, logistics and inventory planning and control
    • General managers wanting to understand the procurement function
    • Project managers involved in plant and equipment development projects
    • Engineering planners working with complex maintenance material requirements
    • Quality managers seeking to understand how suppliers are selected



    • Set up and manage a procurement activity
    • Select suppliers using appropriate evaluation methods and criteria
    • Measure supplier performance
    • Identify ways to increase procurement effectiveness and efficiency
    • Work with user departments to improve procurement within the organisation
    • Manage supply-side risk using contractual methods
    • Manage suppliers against contractual requirements
    • Conduct supplier performance review meetings


    The Principles of Procurement

    • Definition of procurement vs purchasing activities
    • Defining the goals of procurement
    • The role of procurement
    • Supporting the business strategic objectives
    • Formulating the procurement strategy

    The Procurement Process

    • Key roles and responsibilities
    • Forming commodity teams
    • Planning the procurement activities
    • Development of the procurement policy
    • Developing the supplier selection process

    Compiling the Approved Supplier List

    • Determination of the most appropriate suppliers
    • Methods and techniques of inviting potential suppliers
    • Developing the supplier questionnaire
    • Supplier segmentation and grading Tier 1, 2 and 3 suppliers
    • Developing supplier performance metrics

    Supplier Relationship Management (SRM)

    • Introduction to the principles of SRM
    • The importance of the buyer/supplier relationship
    • Developing the SRM strategy
    • Collaboration and joint working
    • Motivating suppliers and continuous improvement

    Monitoring and Managing Supplier Contracts

    • Managing the contract and setting expectations
    • The importance of setting proper baselines
    • Conducting supplier appraisals based on performance measures and metrics
    • Dealing with underperforming suppliers
    • Dealing with breaches and disputes

    × Available on SundayMondayTuesdayWednesdayThursdayFridaySaturday