Advanced Procurement Strategies (CAPS)

Why Attend

The CILT Certificate in Advanced Procurement Strategies (CAPS) course provides a deep dive into advanced procurement methods for professionals aiming to maximize value in their procurement functions. Participants will learn to analyze procurement spend and turn data into actionable insights for value-driven planning. The curriculum includes strategic frameworks for engaging with critical suppliers and leveraging purchasing power for better terms and significant savings. Finally, the course covers innovative techniques to shift demand dynamics and identify the best sourcing strategies for different product categories.

Course Methodology

This course employs diverse interactive training techniques, including case studies, team exercises, videos, and questionnaires.

Course Objectives

By the end of the course, participants will be able to:

• Analyse procurement spend as a basis for value-driven procurement planning
• Engage with strategic suppliers of critical items using collaborative frameworks
• Executive cost-saving strategies by leveraging purchasing power
• Apply innovative techniques to swing the nature of demand in procurement’s favour
• Identify the best sourcing strategies for each product category through analysing procurement data

Target Audience

Senior-level procurers, procurement supervisors, category managers, purchasing managers, procurement directors and other experienced supply chain professionals.

Target Competencies

• Strategic sourcing
• Spend analysis
• Value chain analysis
• Supplier relationship management
• Procurement management
• Negotiations