PROCUREMENT AND VENDOR MANAGEMENT TRAINING

Tickets
From ₦ 188,125.00 to ₦ 279,500.00
× Tickets
Live-Online Training:
₦ 188,125.00 188125.0 NGN
Classroom Training:
₦ 279,500.00 279500.0 NGN

Live-Online Training: N188,125
Classroom Training: N 279,500
3 - 4 participants: 5% discount
5 or more participants: 10% discount

(Available also for Customized Training by Duration, Venue & Fee)

Programme Description

This course provides participants with the necessary knowledge and skills to manage company and project procurement functions effectively and efficiently.

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 organization, 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
    • The Terminologies
    • The major virus of Procurement
    • Strategic fundamentals of a buyer
    • Critical Issues for Consideration in Developing Procurement Strategy
  • Types of Procurement Methods
    • Centralized Procurement
    • Decentralized 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 Prioritization and Categorization
  • 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 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.


Date & Time
Monday
September 2, 2024
Start - 8:30 AM
Friday
September 6, 2024
End - 3:00 PM Africa/Lagos
Location

Tom Associates Training

5/7, Alade Lawal Street, Opposite Anthony Police Station, Off Ikorodu Road, Anthony Village,
NG-LA
Nigeria
+234 817 859 1654
+234 809 276 3968 | +234 810 365 2225
tomassociatestraining@yahoo.com | info@tomassociatesng.com
Get the direction
Organizer

Tom Associates Training

+234 817 859 1654
+234 809 276 3968 | +234 810 365 2225
tomassociatestraining@yahoo.com | info@tomassociatesng.com