Full Programme
Everything covered in this programme, so you can confirm it's the right fit before you complete your registration above.
Procurement teams are under pressure to deliver savings, secure supply and manage supplier risk at the same time, often in markets disrupted by currency movements, freight costs and shortages of critical inputs. Decisions made without solid market intelligence tend to repeat last year's suppliers and last year's prices, and leave the organisation exposed when a single source fails.
The Procurement Market Intelligence and Supplier Analysis Training Course shows participants how to gather, test and use information about supply markets and individual suppliers. It starts with spend analysis and category segmentation, moves into market structure, competitive forces and external drivers, and then examines how prices are built up from materials, labour, energy, logistics and margin. Participants learn to assess suppliers' financial stability, capacity, ownership and performance history, to engage the market through structured requests for information, and to translate their findings into sourcing strategies and negotiation positions that stand up to scrutiny from management and auditors.
Each day mixes concise input with spreadsheet-based exercises on realistic categories such as fuel, ICT equipment, construction materials and professional services. Participants bring their own categories where possible and finish the week with a market intelligence report and supplier risk assessment they can use in their next sourcing exercise.
Participants who complete the five days will be able to:
It is aimed at professionals who plan sourcing, select suppliers or manage supply risk, including:
Participants go back to work with:
Learning is analytical and hands-on. Participants work through:
On successful completion, participants receive a CPD-accredited Certificate of Completion issued by Vision Reach Global Consultancy.
It is awarded for full attendance and completion of the daily exercises and the final market intelligence report.