(Available also for Customised Training by Duration, Venue & Fee)
Programme Description
This course provides participants with the necessary knowledge and skills to effectively and efficiently manage company and project procurement functions.
The topics covered will include:
• The concept of strategic and operational procurement management
• How to craft procurement strategies, plans and programmes
• How to develop the proper procurement ehavior n , policies, systems and procedures
• How to determine the required procurement manpower requirement – composition, competency & quantity
• Managing purchasing operations
• Managing project procurement
• Managing vendor relations
• Tender management
• Contract management
• Warehouse management
• Delivery / distribution / logistic management
• Managing procurement information management system.
Course Contents
DAY ONE
• Overview of Procurement
a. The Terminologies
b. The major virus of Procurement
c. Strategic fundamentals of a buyer
d. Critical Issues for Consideration in Developing Procurement Strategy
• Types of Procurement Methods
- Centralised Procurement
- Decentralised Procurement
- Whole Life Procurement (TCO)
• The Procurement Management Procedure
- Preparing terms-of-reference for contract of service
- Project Appraisal and Analysis
- Sourcing
- Tendering and Bidding.
DAY TWO
• Procurement Cycle
- Implementing procurement management plan
- Requirement to purchase
- Plan the process
- Prepare the documentation
- Identify possible suppliers
- Issue/Receive back the tender/quotation documentation
- Evaluate the submissions
- Negotiation – High value Negotiation planning
- Award and place the contract
- Delivery
- Payment
- Manage and monitor the contract
- Review the process
• Procurement Business Process Management
- Procurement Management Planning
- Strategic Alignment for the Procurement Manager.
DAY THREE
• Financial Skills for Procurement Executives
- Capital Investment Appraisal
- Budget forecasting
- Budget development structuring
- Procurement Master Budgeting
- Procurement Financial Performance management
- Final Investment Decision
• Procurement Risk Management
- Guidelines for procurement audit manual
- Procurement Risk Auditing
- Procurement Risk Prioritisation and Categorisation
• Contract Management Skills for the Buyer
- Types of contracts and implementation techniques
- Contract strategies and techniques
- Using the difference in real life situations.
• Effective Negotiation in procurement
• Procurement Performance Management
• Supplier Development Programming
• Vendor Administration
• Strategic Supplier workshop development
• International Sourcing and E-Procurement
- Procurement Management technological development
- Introduction to Electronic Procurements
- Supplier Management Integration System
- Oracle Enterprise Resource Planners v. Procurement.
DAY FOUR
• International Sourcing and E-Procurement
• Procurement Stakeholders Management
- Stakeholders Analysis
- Stakeholders Planning
- Stakeholders prioritization techniques
• The Role of the Buyer in the Supply Chain
- What exactly is the Supply Chain Management?
- How the Supply Chain works
- The logistics of procurement in the Chain
- The buyer’s influence on the Supply Chain
- Market research and supplier selection
- Common mistakes in Procurement Management and solutions
• Legal Issues
- Terms-of-reference for contract of service
- Effective Contract Management.
DAY FIVE
• Key Performance Indicators
- Guidelines for procurement audit manual
- Optimize existing Procurement Models
- Costing models – the Total Cost of Ownership
- Contracting with reduced supplier base
- Financial Skills for Procurement Executives
• Formulas For Winning Highly Competitive Bids
• Project Management & Procurement Analysis.
