Strategic purchasing differs from operative purchasing in that it defines a purchasing strategy that consists of coordinated measures, which subsequently bring sustainable success to a company.
The purchasing or procurement strategy that was defined by strategic purchasing is coordinated with a company’s overall strategy. Product group strategies, which can ultimately be implemented in operative purchasing.
Course Content
- Cost-efficient purchasing
- Process-efficient purchasing
- Manage globalization securely
- Ensure innovation skills
- Minimize risks in purchasing and along the supply chain
- Determine the material and raw material demands (short, intermediate and long-term)
- Determine the ideal time for purchasing for each product/ raw material
- Utilize storage capacities efficiently (determine terms of transport, production times, etc.)
- Ensure that there are enough supplies for the production department
- Observe the market situation and the company’s position, and adjust the strategies accordingly