Proven Techniques of Cost Management in Advanced Procurement
Discover the essential tools and strategies for cost management in advanced procurement with proven techniques. Enroll Now!
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Skills you'll gain
Skills you'll build in this course
- Strategic vs. Operational Procurement: Understand the key differences between strategic and operational procurement and their impact on cost management.
- Cost Management vs. Cost Reduction: Differentiate between cost management and cost reduction, and learn how to implement strategies for both.
- Gross Margin Improvement (GMI): Explore the concept of GMI and its significance in enhancing profitability.
- Cost Management Budgeting: Learn how to create and manage budgets effectively to control costs and mitigate risks.
- Cost Increase Management: Develop strategies for identifying, analyzing, and managing potential cost increases.
- Proven Cost Reduction Techniques: Discover and implement various techniques for reducing costs across the supply chain.
- Strategic Procurement KPIs: Learn to measure and track key performance indicators (KPIs) to evaluate the effectiveness of procurement strategies.
Who is this Course for?
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Why learn with MANOJ YERMALKAR?
MANOJ YERMALKAR
A Fervent advocate for innovation and excellence in Supply Chain Management and Procurement. Thought leader with 30 years of working experience in various industries like Project, Pharma, Engineering etc as a Supply Chain Head. Passionate for creating smart, bespoke strategies in Purchasing and Procurement. Beyond my role of leading Supply Chain Function, I am deeply involved in mentoring and training professionals in the supply chain world through…
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What learners say about this course
“Great explanations of goals and types of procurement. Solid advice on how to navigate and succeed through the frustrating aspects of finance departments and corporate settings.”
“Great course to understand more how to monitor cost management”
“excellent demonstration on gross margin improvement”
“Theory was covered very well. I think that the case study needs to explained with supporting calculation to reaffirm the understanding”
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Rated 4.8★ by 4 learners · 300K+ SCMDOJO community.
