5I Methodology for Procurement Success
Master the 5I methodology to drive savings, reduce supplier risk, and deliver greater value across spending categories in this comprehensive procurement course.
Master the 5I methodology to drive savings, reduce supplier risk, and deliver greater value across spending categories in this comprehensive procurement course.
This course cannot be purchased separately - to access the complete learning experience, graded assignments, and earn certificates, you'll need to enroll in the full Strategic Procurement Advanced Diploma program. You can audit this specific course for free to explore the content, which includes access to course materials and lectures. This allows you to learn at your own pace without any financial commitment.
Instructors:
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What you'll learn
Describe what purchase category management is and how it adds value to key spending areas
Apply the 5I methodology to create new opportunities for savings and value
Develop skills in managing global and local purchasing categories
Identify supplier pricing components including total acquisition and cost of ownership
Measure value through margins and markups to demonstrate financial benefits
Design and implement category management plans with appropriate metrics
Skills you'll gain
This course includes:
15 Hours PreRecorded video
Graded assignments and exams
Access on Mobile, Tablet, Desktop
Limited Access access
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There are 5 modules in this course
This advanced course in procurement category management develops experienced purchasing staff through comprehensive exploration of the 5I methodology. The curriculum covers global and domestic procurement categories, international purchasing processes, and sophisticated cost-value analysis techniques. Students learn to identify cost components determining supplier pricing, including total acquisition costs, cost of ownership, and fixed/variable costs. Through practical applications, case studies, and real-world scenarios, participants master how to design category management plans, establish contract metrics, and create compliance reports. The course enables procurement professionals to achieve significant business benefits in cost reduction, risk management, innovation, and value delivery across key spending categories.
Introduction to Advanced Purchasing Category Management and the 5I Methodology
Module 1
Global and Local Purchasing Category Management
Module 2
Understanding Costs and Value
Module 3
Benefits Capture and Report
Module 4
Practical Applications and Case Studies
Module 5
Fee Structure
Payment options
Financial Aid
Instructor
5 Courses
Senior Supply Chain Professional and Expert Trainer at Leoron
Ayman Shokry is a senior supply chain professional with 27 years of industry experience, including 19 years in managerial roles. He specializes in supply operations, contracts, materials management, production planning, inventory management, logistics, and integrated business process management. As an expert trainer at Leoron, Ayman has designed and facilitated over 10,000 training hours across more than 450 programs in the Middle East and Europe, catering to diverse industries. His extensive certifications include CSCP, CPIM, and Six Sigma Green Belt. Known for his ability to meet client needs and deliver valuable recommendations, Ayman combines his wealth of management experience with a hands-on training approach to empower professionals in the supply chain field.
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