Online Training Course: Effective Procurement Management
DATES
DAILY SCHEDULE
- 09:00 – 10:30 : First Session
- 10:30 – 10:45 : Break
- 10:45 – 11:45 : Second Session
- 11:45 – 12:15 : Lunch Break
- 12:15 – 13:15 : Third Session
- 13:15 – 13:30 : Break
- 13:30 – 15:00 : Fourth Session
Time zone: GMT +4
COURSE FEE
- USD 2000.- per participant
- Net into our account
PROGRAM OBJECTIVES
At the end of the online training course, the participants would be better able to:
- Prepare long-, medium- and short-term procurement strategic & operational plans
- Develop procurement organization capable of implementing the procurement strategy
- Lead and manage the implementation of the procurement strategies and plans
PROGRAM CONTENT
in this online training course, through a critical linkage of leading-edge concepts and best practices, participants will acquire the knowledge & skills to effectively manage the procurement function. The topics covered will include:
- The concept of strategic & operational procurement management
- How to craft procurement strategies, plans and programs
- 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
LEARNING METHODOLOGY
A proper mix of short lectures, Q&A, sharing, discussions, individual & group exercises and case studies.
RECOMMENDED PARTICIPANTS
- Procurement Managers / Senior Officers
- Purchasing Managers / Senior Officers
- Contract Administration Managers/Officers
- Project Managers / Engineers / Officers
- Those who are groomed for above positions
REGISTRATION
TO VIEW OUR ONSIDE TRAINING COURSES, PLEASE CLICK HERE
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A well-implemented procurement process enables an organization higher visibility into stakeholder performance. Greater transparency helps organizations enforce higher compliance in terms of costs, quality of goods/services, etc.
A Case of Poor Procurement
A railway company’s purchase of new designed carriages that could accommodate more passengers went awry. The approach had unfortunately caused major setbacks as the new two-deck carriages was unable to pass each other in 16 locations, due to the design being 30cm wider than the previous model. The rectification processes saw the railway company having to widen the tracks by 16cm, replace or shift overhead wires, signals, signs, platform covers and tiling in those affected locations. The intent of the company’s strategic direction was to enhance the service experience, however it had instead led to an insurmountable loss of at least 57 million euros, which has also effect to a substantial decrement in the company’s revenues.