Strategic Procurement and Inventory Management

Maximizing Business Success through Procurement and Inventory Management

In the intricate tapestry of business success, procurement and inventory management threads intricately influence profitability. This course empowers both procurement professionals and those procuring items in their roles. It imparts the knowledge needed to navigate purchasing efficiently, securing optimal prices without compromising quality or service. The course sheds light on procurement's potential to enhance productivity and achieve substantial cost savings, fostering a strategic approach that boosts the bottom line.

Efficiency and Savings: The Essence of Effective Procurement

Efficient procurement and inventory management stand as cornerstones of prudent business management. This course is a compass for seasoned procurers and professionals handling substantial acquisitions. It distils strategies for mastering the balance between cost and product excellence. By redefining procurement personnel as drivers of productivity and sound finances, the course underscores procurement's role in operational excellence and sustainable success.

Upon completion of the course, learners will be able to:

• Understand the strategic importance of procurement;
• Obtain up-to-date negotiations techniques and effective guides in preparing a negotiation;
• Master the cost reduction process and techniques in procurement;
• Develop competency and commitment in cost reduction responsibilities;
• Improve the procurement functions and contribute to organisation’s efficiency, productivity and profitability.

• Procurement Managers
• Executives
• Supervisors
• Officers
• Engineers

from departments such as production, engineering, finance/accounts, sales, QA, R&D.

“Trainer was patient answering to our question that was raised. The most useful section is the procurement strategy and how to calculate the breakdown.” – Dorina Cheng, Buyer, Airbus Singapore Pte Ltd

“The trainer is good to help us facilitate the learning and prom us when we are struck. Good in using different areas of work to give examples which helps to cater to different sectors of the audience.” – Serene Low, Nurse Clinician, Singapore National Eye Centre

“Experienced, knowledgeable on the topic and provide good guidance to the participants.” – Wong Lai Carine, Singapore Health Services Pte Ltd

“Very knowledgeable, sharing of his experiences, keeping the training simple to understand and very applicable. All sections are very useful, especially the step by step approach.” – Sharon Ng, Ethics & Compliance Cluster Head, Phillip Morris Singapore Pte Ltd

“Andrew is very patient and engaging. He encouraged us to participate and the tone of his voice was motivational and friendly too. Brought relevant topics to discuss with us.” – Philomena Loh, NUS High School

Andrew Cheah: Expert in Strategic Procurement and Inventory Management

Andrew Cheah brings over three decades of experience as a trainer and management consultant, specializing in performance management, productivity improvement, and strategic operations. His expertise extends to strategic procurement and inventory management, where he has guided organizations across diverse industries—including manufacturing, logistics, retail, and public services—to optimize their supply chains, enhance inventory efficiency, and streamline procurement processes.

Andrew's extensive regional exposure in countries such as Singapore, Malaysia, China, Thailand, Indonesia, and Vietnam has equipped him with a deep understanding of diverse market challenges and supply chain dynamics. He has designed and delivered targeted workshops on topics including cost reduction strategies, vendor relationship management, demand forecasting, and lean inventory practices, helping organizations achieve measurable improvements in operational performance.

In addition to training, Andrew has consulted for multinational corporations and SMEs, leading several clients to receive industry accolades, including the prestigious Malaysian National Productivity Award. He has been invited to speak at high-profile events such as the International Conference on Best Practices, sharing insights on procurement excellence and inventory optimization alongside global thought leaders.

Andrew holds an MBA from the University of Portsmouth, UK, and professional certifications in Blue Ocean Leadership and Leading Dimensions Profiling (LDP). As a qualified ISO9000 assessor and a member of the Association of Productivity Specialists in New York, Andrew is uniquely positioned to help organizations align their procurement and inventory strategies with global standards and best practices. His practical, results-oriented approach ensures that participants leave his sessions equipped with actionable strategies to drive supply chain excellence and organizational growth.