Why Attend
E-Procurement is the purchase of goods or services electronically and is an integral part of an overall strategic procurement plan in the current business environment. The plan includes, but is not limited to strategic sourcing or supplier rationalization, supply chain automation, and participation in one or more market-places. The commodities purchased can be operational resources (non-production) or production resources (raw materials).
Instructor-led training that uses interactive learning methods, including class discussion, small group activities, and role-playing
Leveraging Internet for Procurement Cost Reduction Improving Service Organizational Image Cycle Times; Cost Reduction; Improving Service; Organizational Image; Cycle Times; E-Procurement Issues Different Procurement Processes IT Enabled Procurement Processes; Different Procurement Processes; IT Enabled Procurement Processes; E-Procurement Business Models; E-Procurement Processes & Workflows; Case Studies; Leveraging the Internet for Procurement Activities; Tendering; Procurement Cost Reduction
In this program you will learn about... Procurement Managers and Directors; Supply Chain Managers and Specialists; IT Managers Supporting Procurement Systems; Strategic Sourcing Managers; Procurement Analysts; Operations Managers; Purchasing Officers; Contract Managers; Senior Executives in Procurement and Supply Chain; Professionals involved in Digital Transformation in Procurement
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Definition and scope of E-Procurement
The importance of E-Procurement in modern business
Key components of E-Procurement systems
Session 2: Strategic Role of E-Procurement
E-Procurement’s role in strategic sourcing and supplier management
Enhancing supply chain automation through E-Procurement
E-Procurement and its contribution to total cost reduction
Session 3: E-Procurement Business Models
Overview of E-Procurement business models
How different business models impact procurement processes
Case studies on successful E-Procurement models
Traditional procurement vs. E-Procurement
Understanding operational vs. production procurement
The role of automation in procurement
IT infrastructure for E-Procurement
Integration of procurement systems with ERP
Workflow management in IT-enabled procurement processes
Session 3: Leveraging Internet for Procurement
Using the Internet for sourcing and procurement activities
Tendering and bidding processes in the digital environment
The impact of Internet technologies on procurement cycle times
Session 1: Crafting an E-Procurement Strategy
Key elements of a successful E-Procurement strategy
Strategic sourcing and supplier rationalization
Identifying and analyzing procedural changes required for E-Procurement
Stage-by-stage implementation of E-Procurement systems
Managing the transition to digital procurement processes
Integration challenges and overcoming resistance
Session 3: Best Worldwide Practices in E-Procurement
Reviewing global case studies of E-Procurement implementation
Learning from leading organizations in E-Procurement
Adapting best practices to local market conditions
How E-Procurement improves procurement performance
Enhancing organizational image and service levels
Reducing cycle times and streamlining procurement workflows
Identifying areas of cost reduction in the procurement process
The role of strategic sourcing in cost reduction
How E-Procurement tools and platforms reduce procurement costs
Session 3: Tendering and Supplier Relationships
E-tendering processes and benefits
Managing relationships with suppliers through E-Procurement platforms
Collaborative procurement and supplier integration
In-depth review of successful E-Procurement implementations
Analysis of E-Procurement outcomes in different industries
Lessons learned from real-world cases
Common challenges in E-Procurement implementation
Overcoming barriers to adoption
Managing security and compliance issues in E-Procurement
Session 3: Future Trends in E-Procurement
Emerging technologies in E-Procurement
The role of AI and blockchain in procurement
Preparing for future developments in digital procurement