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IPA - In-House Training

Professional Procurement Skills & Strategic Sourcing Training

HRD Corp Claimable · Fully Customisable

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Duration

2 Days

Mode

In-House (On-site)

Group Size

12–25 participants

HRD Corp

Claimable

Language

English or Bahasa Malaysia

Source Smarter. Spend Better.
 

Professional Procurement Skills & Strategic Sourcing Training

Your procurement team is reactive — responding to requisitions, processing purchase orders, and negotiating on price alone — while your organisation's real procurement leverage goes untapped because nobody is managing spend strategically.

Participants develop the professional procurement competencies to move from transactional buying to strategic sourcing — managing supplier relationships, conducting structured market analysis, and making sourcing decisions that deliver total value, not just lowest unit cost. Organisations achieve better spend outcomes, reduced supply risk, and measurable savings beyond price.

Key Outcomes
  • Apply the strategic sourcing process: spend analysis, market assessment, sourcing strategy, and supplier selection
  • Develop and manage supplier relationships using a structured performance and risk monitoring framework
  • Conduct a total cost of ownership (TCO) analysis to make sourcing decisions beyond unit price
  • Design procurement policies and processes that reduce maverick spend and improve compliance
What Makes it Different
  • Spend Analysis Workshop: participants conduct a real category spend analysis using their organisation's procurement data
  • Supplier Evaluation Matrix: a structured scoring tool participants use immediately in their next sourcing decision
  • Procurement Savings Calculator: a framework for quantifying and reporting cost avoidance and cost reduction achievements
Category analysis and sourcing exercises can be built around your organisation's actual spend categories — direct materials, IT, facilities, services, or logistics — for immediately actionable outcomes.
Consistently requested by procurement, supply chain, and finance teams — delivered across manufacturing, oil & gas, healthcare, retail, and GLC organisations seeking to professionalise procurement beyond transactional buying.