Operational cost reduction and procurement

This module will provide users with an overview of the many different points to consider when undertaking an operational excellence programme. It focuses on areas such as procurement, supply chain excellence, functional alignment and how to measure and forecast the benefits of an operational excellence programme.

Learning objectives:
  • Explain the rationale required for a cost reduction strategy
  • Communicate how to obtain control and power over the purchasing cycle
  • Describe what makes a good procurement excellence programme
  • Document the points for developing a business case for a Procurement excellence programme