Commodity Strategy

This 1-day Commodity Strategy program covers the process of developing the elements of a cross-company commodity strategy. The focus is to develop a strategy of procuring all the requirements for a specific commodity of products or services across the company. The various elements of the commodity strategy will be covered in detail and formats will be provided to guide the participant through the strategy development process. The output of the program will be the partial completion of the aspects of the commodity strategy that can be used in discussions with other supply management team members.

Participants in the Commodity Strategy Program will be able to:

Understand the reasons why commodity management strategies are important

Learn the components of the commodity plan

Be able to determine the necessary inputs and outputs pertaining to cross-functional and cross SBU interests

Establish key commodity goals and plans to improve cost, quality, and cycle time positions of the company

Recognize the aspects of the current plans and develop potential improvements based on the formats and tools provided

For more information and pricing, please complete this form and we will email you a more detailed agenda that will provide you with an hour by hour description of this training seminar.

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