Discovering the right tools for procurement optimization
Metropolitan Hotel witnessed a two-day workshop on March 25 & 26 under the title “Procurement and Sourcing Best Practices”. The training has commenced with a cheerful ambiance in the hall by an icebreaking exercise to set a relaxing and maximized learning atmosphere.
Participants, revealing a keenness for training, were fully dedicated and anxious to discover the right tools for procurement optimization and cost reduction. As a fact, the workshop started by elaborating the procurement process and explaining the sourcing cycle focusing on methodologies for cost reduction. Moreover, the workshop explained the importance to maintain strategic relationships with suppliers, how to choose them and which criteria to use. Furthermore, several role plays were simulated to explain and improve the negotiation process between the supplier and the purchaser.