Training /Certification Training /Strategic Procurement Master

Certification Training

The Chartered Management Institute (CMI)

SPMStrategic Procurement Master

Course Overview

SPM

Strategic Procurement Master

Course Methodology

Delivered as a self-paced online programme that participants study at their own pace, or as tailored training for your team. The programme includes self-paced modules you can revisit anytime, digital study resources and templates, and knowledge checks and practice assessments.

Course Objectives

Develop the judgment to run procurement as a strategic function: aligning spend with business strategy, managing categories and supplier relationships, controlling risk, and leading transformation. participants will be able to:

  • Explain how the modern CPO creates value beyond cost.
  • Align procurement objectives with enterprise strategy.
  • Segment spend using the Kraljic portfolio matrix.
  • Run a structured strategic sourcing process.
  • Evaluate suppliers on total cost of ownership.
  • Build a category strategy and roadmap.
  • Manage demand and govern a savings pipeline.
  • Segment and develop the supplier base.
Target Audience

Designed for procurement and category managers, senior buyers, sourcing and supplier managers, contract and commercial managers, supply chain leaders moving into procurement, and finance or operations professionals accountable for third party spend.

Target Competencies
  • Aligning procurement objectives with business strategy.
  • Segmenting spend with the Kraljic portfolio matrix.
  • Running a structured strategic sourcing process.
  • Evaluating suppliers on total cost of ownership.
  • Building and governing a savings pipeline.
  • Managing supplier performance and partnerships.
  • Assessing procurement risk and building resilience.
  • Embedding sustainability into sourcing decisions.
  • Applying analytics and AI across source to pay.
  • Leading a procurement transformation program.
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