Procurement Seminars

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ProcureCon Indirect helps you keep pace in a corporate environment – whether we’re shifting from a buyer’s to a seller’s market, bracing for inflation or deflation, faced with elections or natural disasters.

Ensure your procurement group is the key driver of supply availability, continuity and innovation, business excellence and working capital availability, and exemplary of effectiveness with far-reaching influence.

The event covers all important aspects of modern indirect procurement:

Obtaining executive backing, organizational alignment and resources
Enterprise-deep spend influence, stakeholder engagement and vendor management
Consistent procurement processes and expanded procurement value

At the event, you’ll have intimate discussions with your peers about how to elevate the strategic abilities of your team to be an influencer on the company and your suppliers.

With the growth of the global economy and a corresponding rise in competition, companies today have been literally forced to buy more complex services. This has made procurement an increasingly vital function of the overall strategy of many businesses. Not only are enterprises involved in procuring more, there are new opportunities to create leverage in regards to procured products, parts or services. This has given rise to several new trends in procurement. The primary value proposition in procurement is that of leveraging the size of the company, its access to technology, along with the established contractual and personal relationships to achieve preferential pricing & terms. This can be in the form of better availability, lower prices, or assignment of highly skilled staff.

Many companies have developed specialized buy-sell services to offer advantages for preferred customers in the increasingly outsourced and fragmented business climate. Buy-sell services enable the firm to outsource physical management as well as assembly of the products, while retaining control over financial flow. These services also help to maintain relationships with suppliers, and ensure that the conditions of the sale are actually executed.

Another important trend is that instead of relying on local sources, companies are now shifting their focus towards global sourcing. By shifting their focus to global supply chains, companies are trying to improve their positions as buyers and are getting the best value for their money. We’ve also seen the removal of non value-adding resellers, shortening the supply chain considerably. This has been instrumental in saving even more money in the procurement process, leading to a further shift of power from the sellers to the buyers. In addition, there has been a growing trend of focusing on "Green" procurement, in line with today’s hot environmental issues.

Because of all of these factors and more, procurement seminars have been playing a major role in the development of new procurement strategies. A procurement seminar is an excellent place to discuss emerging trends and to learn how they can be incorporated in the business models of various businesses. This can be extremely beneficial in operations, as well as any company’s big picture. With the rise in the level of competition, procurement has emerged as a major issue; procurement seminars have become common and even popular among the world’s largest and most successful companies. Registering for these seminars isn’t difficult and can be done online.