Strategic Procurement Management

Date:
Oct 22 - 25, 2024
Application Deadline:
Oct 12, 2024
Venue:
Rausing Executive Development Centre, LUMS
 

Contact Us

Need a personal consultation?
rec@lums.edu.pk
+92 42 3560 8243 +92 42 3560 8119


Organisations are becoming increasingly complex and global thus requiring specialisation in all organisational functions. In the same spirit, the scope of and expectations from procurement function in organisations has changed dramatically over the last decade.


The Strategic Procurement Management programme seeks to familiarise the participants with the goal of aligning procurement unit functions with organisational priorities to develop integrated purchasing strategies and operations. In addition, the programme seeks to expose the challenges and decision frameworks in managing the procurement process as well as interaction with internal and external stakeholders, efficiently and effectively. In this way, the programme is focused on understanding the larger picture of the organisation and procurement’s role in decision making at the middle to senior management level.

During the programme, participants will be exposed to a spectrum of concepts, skills and techniques essential for alleviating the role of procurement leaders to achieve desired results. 

 

The Strategic Procurement Management programme provides a unique opportunity for participants to reflect on their sourcing strategy and understand key challenges in its implementation. Over the four days, participants will gain exposure on:

  • Incorporating global & local best practices in procurement/purchasing
  • Different operating models, challenges and determining role of procurement leader
  • Building partnerships with suppliers for long term success
  • Influencing the internal customer and managing conflicts
  • Negotiating and influencing high performance relationships across the organisation
  • Organising the process of large one-time procurements
  • Develop schemes and benchmarks of measuring and improving procurement performance

 

This programme will cover techniques on how to optimise sourcing and understanding how procurement strategy contributes to organisational competitiveness. The programme’s topics are:

  • Integration of organisational and procurement strategies
  • Inter and Intra organisational structure of procurement unit
  • Supplier selection and development
  • Strategic purchasing and supplier integration
  • Managing large one-time procurement projects
  • International procurements
  • Procurement performance management
  • Ethical implications in procurement

 

The programme is designed for senior procurement managers and executives who are responsible for leading and implementing procurement decisions organisation wide.

 

 

Programme Director
Professor Emeritus
PhD, University of Texas at Arlington
Research Interests:
Productivity; Quality Management; Supply Chain Management; Six Sigma; Project Management; Strategy; Developing a Customer Centric Culture
Co-Programme Director
Assistant Professor
PhD, University of Kassel, Germany
Research Interests:
Sustainable Supply Chain Management; Supply Chain Relations Management; Procurement Management; Operations Management; Base of the Pyramid
Programme Fee PKR 160,000
Residential Fee PKR 75,000


* Programme fee includes tuition cost, reading material, tea and lunch served during the programme. 
* Health and Safety of our prestigious participants, faculty, and staff is a top priority for LUMS. Given the current COVID-19 situation, enrolment confirmation will be subject to the submission of a valid immunization certificate with updated booster dose details for COVID-19.


ACCOMMODATION
If you wish to avail accommodation at LUMS, there will be an additional fee. It includes accommodation, breakfasts and dinners for the duration of the programme. However, any extra charges such as telephones, extra meals etc should be paid on departure. You may check-in on the evening preceding the start date of the programme and check-out the morning after the programme ends. You are, however, requested to inform us of the time of your arrival and departure.

We offer single bed accommodation at the Rausing Executive Centre. Each bedroom with an attached bathroom is equipped with a mini-fridge, writing desk and direct dial STD/ISD telephone and cable TV. All bedrooms at REC are internet-ready. Please note we do not provide accommodation for drivers accompanying participants.

ADMISSION PROCESS
Applications will be screened with regard to their suitability for each programme. Kindly ensure that your complete online application form reaches the office by the deadline. Incomplete application forms will not be entertained.

*Seat in the programme will be reserved on a first-come, first-served basis. 

PAYMENT

Payment is due upon receipt of the acceptance email/letter along with the invoice. Please ensure that the payment reaches the office BEFORE the start of the programme. Space in the programme may only be ensured after we receive the fee.

Payment can be made directly through:

  • Debit/credit card by visiting https://pay.lums.edu.pk You can process the payment by selecting REDC payments from the Payment Type Section and entering a valid voucher number and access code mentioned on the voucher. Additional bank charges may apply. 
  • Cash, Crossed Cheque or Pay Order/Bank Draft made in favor of "Lahore University of Management Sciences" at any United Bank- Limited (UBL) branch against the programme voucher.

Our preferred mode of payment is by debit/credit card and crossed cheque/banker’s draft payable to "Lahore University of Management Sciences". However, the programme fee can also be paid via bank transfer.

If you wish to dispatch the cheque directly to our office, please send it to:


Marketing Manager
Rausing Executive Development Centre
Lahore University of Management Sciences
Sector "U", DHA, Lahore Cantt. Lahore - 54792
Tel: +92-42-35608119-8243

* LUMS is a not-for-profit organisation under the Income Tax Ordinance 2001. Accordingly, the income of LUMS is not tax-deductible/collectable.

DISCOUNT POLICY
If more than two executives from the same organisation participate (up to a group size of 5 participants) in a programme, each additional participant after the first two gets a 20% discount on the programme fee.


SUBSTITUTES/TRANSFERS AND REFUNDS
If you are unable to attend a registered course, we will accept a substitute until 2 working days before the programme. Substitute candidates will be subject to the same selection process as the original one. If you wish to cancel your name from a programme, please notify in writing or on call at least 5 working days before the programme. In case of late cancellation, the programme fee will be refunded after deducting an application processing fee of PKR 20,000.


It is possible to transfer the deposited fee to any open enrolment programme within 3 years. Transfers should be notified at least 5 working days before the programme. In case the participant or sponsoring organisation fails to utilise the funds within 3 years, the deposited fee will be forfeited.

Note: REDC may cancel or postpone a programme due to insufficient enrolment or unforeseen circumstances. In this case, the university will refund the registration fee but will not be responsible for any other related charges/expenses including cancellation/change charges by airline and travel agencies.

In case of postponement, the fee may be transferred to the rescheduled offering of that programme or any other programme as an alternative to refund. The University reserves the right to make changes in its programme policies and fees at any time.