Strategic Procurement and Inventory Management

( HRDF Training No : 10001293358)

This program integrates procurement strategies with inventory management to optimize organizational resources. Participants will learn to balance cost, quality, and supplier relationships while applying inventory control techniques that support efficiency and profitability.

Learning Outcome

• Understand the strategic role of procurement in organizations.

• Apply procurement techniques to manage costs and risks.

• Strengthen supplier relationships for long-term value.

• Integrate procurement with inventory management strategies.

• Use tools to optimize stock levels and reduce carrying costs.

• Ensure supply continuity while managing risks.

• Support organizational competitiveness through procurement excellence.