Mini MBA for Procurement Professionals
Start Date | End Date | Venue | Fees (US $) | ||
---|---|---|---|---|---|
Mini MBA for Procurement Professionals | 28 Dec 2025 | 01 Jan 2026 | Jeddah, KSA | $ 4,500 | Register |

Mini MBA for Procurement Professionals
Start Date | End Date | Venue | Fees (US $) | |
---|---|---|---|---|
Mini MBA for Procurement Professionals | 28 Dec 2025 | 01 Jan 2026 | Jeddah, KSA | $ 4,500 |
Introduction
The Procurement Professionals mini MBA is an intensive 5-day training course designed to meet global changes in transformational leadership, finance, and procurement strategies. In today’s world middle and senior managers are faced with increasingly complex “value chain management.” A strategic approach to procurement can give organizations a competitive advantage by maximizing benefits received in return for spending, therefore professionals need to understand the various elements driving change strategies, ensure cost efficiencies, and achieve competitive procurement in a global environment. This Procurement Professional Mini MBA concentrates on the core leadership strategies, financial implications, and sourcing activities.
This course will feature:
- Understanding of strategic leadership in the economic context for your business
- Developing innovation approaches for strategy development
- Enhancing costs awareness within the value chain and understanding the impact on the bottom line
- Defining and apply sourcing strategies in line with your organizational goals and objectives
- Building collaboration and long term supplier relationships
Objectives
- To understand the benefits of strategies that create and lead change
- To apply tools and techniques that develop strategic thinking and innovation
- Implement Analysis and Problem Solving
- Understand total cost of ownership
- Develop robust service level agreements
- Maximizing supplier contribution and performance
By the end of this training course, participants will be able to:
Training Methodology
This is an interactive course. There will be open question and answer sessions, regular group exercises and activities, videos, case studies, and presentations on best practices. Participants will have the opportunity to share with the facilitator and other participants on what works well and not so well for them, as well as work on issues from their own organizations. The online course is conducted online using MS-Teams/ClickMeeting.
Who Should Attend?
Professionals interested in furthering their leadership and procurement management skills would benefit from this training course. It will also be beneficial to:
- Managers and leaders involved in major global sourcing activities
- Finance professionals involved with major capital expenditure projects
- Senior Procurement Professionals
- Project Managers
- Contract and Procurement Managers
- Senior buyers
- Commodity procurement specialists
Course Outline
Day 1: Procurement Leadership
- Perceptions of leadership in the field of procurement
- Management versus Leadership
- Transformational leadership in procurement
- The leadership challenge: balancing strategy and culture
- Leadership in strategic thinking organizations
- Understanding the interrelated factors that impact procurement
Day 2: Aligning Procurement to Organizational Strategy
- Participating in the Strategic Implementation Planning Process
- Recognizing and interpreting forces in the strategic environment
- Strategic implementation tools and frameworks
- Analyzing and prioritizing strategic sourcing issues
- Harnessing uncertainty and risk
- Converting Strategy into Action
Day 3: Cost Awareness and Financial Impact along the Value Chain
- From Strategic Planning to the Operating plan
- Budgeting and costing along the value chain
- Fixed VS variable costs
- Contribution Margin
- Direct VS indirect costs
- Performance measurement and impact on the bottom line
Day 4: Global Sourcing and Critical Procurement Strategies
- Defining Procurement Excellence
- Definition of Sourcing Strategy and Critical Supply Strategies
- Tactical versus Strategic Sourcing
- Developing the Strategic Procurement Plan
- Using international supply chains for competitive advantage
- Developing a framework for managing contract risk
Day 5: Developing and Maintaining Long-term Supplier Relationships
- Implications for supplier selection procedures
- Turning vendors into partners
- Relationship management – suppliers and stakeholders
- Performance improvement metrics
- The Service Level Agreement framework
- Applying the right incentives for the right outcome