Advanced Procurement Management

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Description

This intensive course is aimed at improving the skills of Procurement Professionals and Buyers in organizations. The course examines the strategic importance of procurement within departments by using concepts and ideas in order to maximize the procurement department’s effectiveness and thereby reduce costs throughout the supply chain. The program is designed for procurement and related executives who wish to broaden, sharpen and deepen their procurement management competencies. The course integrates the latest procurement management concepts and practices to give participants a firm grounding in the advanced skills and knowledge required for a successful Procurement Professional.

Objectives

  • After attending this program participants will be better able to:
  • Develop an effective procurement organization
  • Appraise business continuity and contingency planning for procurement
  • Prepare procurement strategies and plans
  • Utilize IT in procurement
  • Manage the procurement process
  • Manage and lead the procurement department
  • Conduct procurement negotiations
  • Manage procurement contracts

Course Outline

  • Supplier Management
  • Effective procurement management
  • Procurement Management Audit
  • Procurement Strategic Planning
  • Developing Effective Procurement Organization
  • Procurement Annual Operational Planning
  • Procurement Negotiations
  • Routine Procurement Operations
  • Project Procurement & Tendering
  • Managing Procurement Talent

What I will learn?

  • Develop critical supply strategies
  • Apply the concepts of activity based costing
  • Develop skills required for effective supplier relationships
  • Learn how to create rapport, build trust and establish credibility in a work group
  • Practise successful negotiations
  • Understanding the importance of effective procurement
  • Methodology of process-based costing
  • Boost the important supply plans
  • Understanding of the effective skills for supplier relationships
  • Understanding , how to develop trust and reliability in workmen
  • Understanding the important concepts of procurement negotiations
  • Understanding the evaluation of a supplier
  • How to conduct perfect negotiations
  • Contingency plans for procurement

Course Curriculum

Upcoming Training Schedule

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600.00 $ 800.00 $

A course by

Target Audience

  • Purchasing professionals who will deliver their company/organization with knowledge and practical skills to make remarkable cost savings
  • Contracts and Project Personnel
  • Engineering, Operational and Maintenance personnel
  • Individuals involved in the planning, evaluation, preparation and management of purchases that cover the acquisition of materials, equipment and services
  • Individuals who are in organizations whose leadership want high levels of competency in those involved in purchasing activities

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