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Strategic Cost and Value Management in Procurement

An Interactive 5-Day Training Course

Strategic Cost and Value Management in Procurement

Building Robust Supply Planning Capabilities

NASBA
Classroom Schedule
Date Venue Fees
01 - 05 Jun 2026 London $ 5,950
31 Aug - 04 Sep 2026 Amsterdam $ 5,950
23 - 27 Nov 2026 London $ 5,950
Online Schedule
Date Venue Fees
23 - 27 Nov 2026 Online $ 3,950

Course Summary

In today’s competitive global environment, effective cost and value management is essential for organisations to achieve sustainable profitability and strategic advantage. This training course explores how organisations can develop and implement strategies that optimise cost drivers, reduce total cost of ownership (TCO), and create value through strategic procurement practices. Participants learn to analyse cost elements, identify value opportunities, and build frameworks that enhance profitability and supply chain performance. The Strategic Cost and Value Management in Procurement training course enables professionals to move beyond traditional cost reduction tactics to strategic management approaches that strengthen organisational competitiveness.

Throughout the five days, participants will engage with practical tools for benchmarking procurement performance, modelling supply chain costs, and developing deep dive category strategies. The training course highlights how cost management integrates with supplier pricing models, value creation, and organisational objectives to impact profitability and long-term success. By focusing on strategic cost drivers and value maximisation, the Strategic Cost and Value Management in Procurement training course prepares participants to lead proactive cost and value initiatives across the supply chain.

Skills & Competencies

From this Strategic Cost and Value Management in Procurement training course, participants will develop the following key skills and competencies:

  • Strategic cost diagnosis and control
  • Value maximisation techniques
  • Total Cost of Ownership (TCO) evaluation
  • Supplier cost analysis
  • Category strategy development
  • Procurement performance benchmarking

Key Learning Outcomes

At the end of Strategic Cost and Value Management in Procurement training course, you will learn to:

  • Identify major cost drivers and recommend cost control strategies.
  • Analyse supplier pricing models to enhance organisational value.
  • Evaluate total life cycle costs including TCO optimisation.
  • Apply financial tools for strategic cost and value decision-making.
  • Create a strategic category cost management approach.

 

How You Will Learn

Learning develops through structured exploration of strategic procurement and cost management principles, supported by real-world examples and analytical tools. Participants engage in guided discussion, scenario interpretation, and strategic thinking to strengthen supply chain cost strategy capabilities. Emphasis is placed on translating learning into actionable cost and value management plans that support organisational performance objectives.

Who should Attend?

This training course is designed for professionals responsible for cost, procurement, supply chain, and value management functions in their organisations.

This Strategic Cost and Value Management in Procurement training course is suitable to a wide range of professionals but will greatly benefit:

  • P&L owners
  • Line managers
  • Cost and procurement engineers
  • Project and departmental managers
  • Senior procurement and supply chain leaders
  • Tendering and contracts professionals
Course Outline
Day 1

Understanding the Value Proposition of Procurement to a Corporate

This day explores how procurement contributes to organisational objectives and strategic value. Participants examine performance benchmarks, measurement KPIs, and procurement structures. The topics covered will include:   

  • Linking Corporate and Procurement Objectives
  • World-Class Procurement Performance Benchmarking
  • KPIs to Measure Procurement Performance
  • Typical Procurement Organizational Structures
  • Common Requisition-To-Pay and Contract Management Systems
  • Private and Public Procurement Policies
Day 2

Tools and Techniques in E2E Procurement Category Management

This day focuses on end-to-end category techniques that enhance cost control and strategic sourcing. Participants analyse market approaches and contract strategies. The topics covered will include:   

  • Supply Market Analysis
  • Market Approaches
  • Best-Fit Contracting Strategy
  • Contract Award
  • Contract Performance Management
Day 3

Cost Management and Value Creation

This day emphasises financial analysis, cost modelling, and decision support tools to manage value creation. Participants learn techniques to interpret cost impact and inform strategic decisions. The topics covered will include:   

  • Understanding the Financial Statements
  • Applying and Interpreting Present Net Value
  • Supply Chain Cost Modelling
  • Total Cost of Ownership and Total Lifecycle Cost
  • Porter’s Five Forces
  • Value in Post Contract Award Contract Management
  • Tools and Techniques in Decision Making
    • Decision Trees
    • Root Cause Analysis
Day 4

Selling Strategic Procurement to Stakeholders

This day explores how to communicate cost and value strategies to key stakeholders and gain support for implementation. Participants examine project planning and communication plans. The topics covered will include:

  • Create the Vision and Mission Statement
  • Quantify the Tangible Benefits and Cost to Implement the Strategies
  • Introduce the Organization, Process and Systems to Realize the Strategic Procurement Benefits
  • Specify the Deliverables and Milestones
  • Estimate the Resources and Time Needed for Implementation
  • Identify Stakeholders and Create Stakeholders Management Plan
  • Create Risks Mitigation Plan for the Project
  • Prepare Communication Plan
  • Influencing Skills
Day 5

Create A Deep Dive Category Strategy

This day focuses on deep dive strategy development tailored to cost reduction and value enhancement. Participants prepare category strategies and assess stakeholder positions. The topics covered will include:   

  • Define the Deliverables of a Deep Dive Category Strategy
  • Introduction of Three Categories for Teams to Choose From
  • Organizations Expectation
  • Category Spend Data
  • Supply Market Profiles
  • Stakeholders’ Positions
Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates.
  • Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
Providers and Associations

Endorsed Education Provider

NASBA

In Association With

Options & Brochure
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NASBA

Customisation & In-House Delivery

Delivering this training course in-house enables organisations to focus strategic cost and value frameworks on their internal structures, supplier ecosystems, and performance priorities. Customisation enhances relevance by aligning cost management practices with real organisational challenges and optimisation goals, supporting stronger competitive advantage.

Why Choose Saudi GLOMACS?

Saudi GLOMACS is the official Saudi Arabian division of GLOMACS International (glomacs.com), delivering internationally recognised training courses both within Saudi Arabia and across international locations. Our training courses are aligned with the highest professional and institutional standards, supported by a strong understanding of the professional landscape in Saudi Arabia and access to global expertise.

Saudi GLOMACS enables professionals and organisations to strengthen leadership, capability, and long-term excellence through consistently high-quality learning experiences.

Official Saudi Presence

Official Saudi Arabian division of GLOMACS with established global credibility.

International Benchmarks

Internationally benchmarked training courses aligned with professional best practices.

Trusted Across Sectors

Trusted by professionals and institutions across public and private sectors.

Flexible Delivery

Training courses delivered within Saudi Arabia and across international locations.

Additional Benefits of this course for Organisations and Professionals in Saudi Arabia

Organisations & Professionals in KSA will have the following additional benefits from this Strategic Cost and Value Management in Procurement training course:

  • Improved cost efficiency across procurement and supply chain functions
  • Enhanced profitability through value-focused strategies
  • Greater understanding of strategic cost drivers
  • Strengthened supplier cost negotiation capability
  • Increased organisational competitiveness
  • Enhanced alignment of procurement with corporate objectives
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Frequently Asked Question

No. Saudi GLOMACS delivers courses in Saudi Arabia and internationally, including delivery across Europe and Asia. This allows organisations and professionals to access training both locally and abroad.

No. While governance and leadership are part of the portfolio, Saudi GLOMACS delivers training across the entire business and professional lifecycle, including administrative, technical, legal, regulatory, and sector-specific training.

No. Our training courses are delivered globally through international locations and online platforms, enabling participants from Saudi Arabia and around the world to learn together. This global delivery approach ensures exposure to diverse perspectives, international best practices, and cross-cultural insights while maintaining strong relevance to regional and organisational needs.

View All Training Locations

Yes. Saudi GLOMACS designs and delivers bespoke in-house training tailored to organisational objectives, sector requirements, and workforce needs. Training can be delivered in Saudi Arabia or internationally, depending on requirements.

Yes, in-house and customised strategy training courses are available to support organisations seeking tailored strategic capability development. These courses can be aligned with your industry context, organisational challenges, and long-term strategic objectives.

For further details or to discuss customisation requirements, you may call or WhatsApp +966 (54) 286 8546 or email [email protected] . You can also submit a detailed enquiry through our in-house training page at: https://sa.glomacs.com/in-house-seminars

If you would like further information about these training courses, our team is available to provide professional guidance and support. We are pleased to assist with course selection, the registration process, and any other related enquiries.

For personalised assistance or detailed enquiries, please contact our team on +966 (54) 286 8546 or email us at [email protected]

Courses delivered in Saudi Arabia are adapted to reflect local regulatory frameworks, organisational structures, sector conditions, and professional expectations. This ensures training is relevant, practical, and aligned with Saudi workplace realities.

GLOMACS has been delivering professional training for over thirty years, with courses delivered across Europe, the Middle East, Asia, and other international markets.

Saudi GLOMACS combines three decades of global training experience with a clear focus on Saudi market relevance. This allows it to deliver training that is both internationally credible and locally applicable, across a broader range of disciplines than niche or single-focus providers.

Saudi GLOMACS is a Saudi-based professional training provider delivering courses tailored to the Saudi market and applicable internationally. It operates within the global GLOMACS framework and draws on more than three decades of international training experience.

Saudi GLOMACS offers professional training across a wide range of disciplines, including administration, leadership and management, governance and regulation, law, oil and gas, energy, engineering, finance, digital technologies, and sector-specific specialisations.

Training supports professionals across all career stages, from operational roles to specialist and senior responsibilities.

Participants include professionals from public sector, semi-government, and private sector organisations, across a wide range of roles and industries. Attendees range from administrative and operational professionals to technical specialists, managers, and senior decision-makers.

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