PROCUREMENT AND PURCHASING MANAGEMENT

Premise

Good procurement practice is the driving force for business in the 21st century. The procurement function is based on efficient service delivery and good customer service thereby creating a competitive edge. Businesses need to place emphasis on procurement management activities to be able to remain competitive. This training aims to enhance performance and efficiency by increasing the knowledge and skills of project and support staff in managing the procurement function. Participants will understand the features of purchasing, procurement and the wider discipline of procurement and supply chain management.

Key Learning Outcome

At the end of this training, participants will be able to:

• Appreciate the concept of purchasing and procurement
• Appreciate the role of procurement plays in an organization
• Understand why procurement is important
• Apply procurement theories in workplace and create adding value to the organization

Course Content

• What is Strategic Procurement
• Baselining existing spend
• Profile of Supply Market
• Build Comprehensive Tenders
• Tender Analysis
• Supplier Selection
• Supply Base transition
• Outsourcing, Supplier Relations, and Supply Chain Management
• Price Determination and Legal Aspects of Purchasing
• Global Supply Management

Target Participants:

• Procurement Managers
• Operations Staff
• Finance Executives
• Buyers
• Project Managers

Course Duration: 3 days