After positive completion of the module, students will be able to …
… discover the importance of a value oriented and value driven procurement within the company as top management function including targets and measures.
… identify the main levers for sustainable procurement cost reduction in their specific industry including the effects on EBITDA, working capital and supply risk mitigation.
… apply specific analytical tools to derive procurement strategies and identify first cost savings potentials along the value chain.
… recommend the basic principles for an adequate contract to be awarded with suppliers.
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