Procurement Excellence (Online)

Key details

Mode of delivery: Online Course

Course code: PCM101BO

Duration: 5 days

Fee: £3,020.00 + VAT

CPD Hours: 30

Course Overview

Procurement Excellence is more than just operating a process. Skills in managing colleagues, potential suppliers and higher management are all necessary. But perhaps the most important ingredient is exercising judgement. Procurement involves making decisions, and that can be difficult. A good procurement manager needs to be able to set aside personal preferences for particular suppliers and operate transparently but in such a way that the organization for whom he works makes the right choices. These choices are based on a proper definition of needs and an assessment of how those needs can be met and by whom. This course explores these issues comprehensively.

The course will wrap with a summary of the key learning points, followed by an action planning exercise with a view to apply the acquired knowledge and skills immediately upon your return to work. Post-course support is also available in relation to the implementation of your action plan, up to six (6) months following course completion.

Agenda

Procurement’s Support to the Organization

  • The Interface between Supply Chain Management and Procurement
  • Competitive procurement alternatives
  • Defining business needs (Inputs, outputs and outcomes)

Evaluating Suppliers and their Bids

  • Technical Evaluation of bids
  • planning and implementation
  • Commercial Evaluation of bids
  • planning and implementation
  • Sustainable Procurement

Negotiating the Best Deal

  • Contract Negotiation tools and techniques
  • Managing contract award
  • Handling objections from losing bidders

Sustainable Procurement

  • Sustainable procurement
  • Building sustainability into your requirements
  • Key issues to focus on
  • Impact of local content requirements on your criteria selection

Course Review

  • Summary and recap of key learning objectives
  • Action Planning

Target Audience

This course is suitable for:

  • Procurement Officers, analysts and managers.
  • Contract Engineers and analysts.
  • Quantity Surveyors
  • Commercial advisers
  • Procurement team members
  • General managers
  • Executives tasked with managing contracts
  • Contract Administrators
  • Anyone who wishes to have a good understanding and involvement in purchasing activities.

Learning Outcomes

Upon completion of this course, you will have:

  • Understood the choices of available procurement methods a given situation.
  • Learned how to carry out an evaluation of proposals from suppliers in a fair and transparent way.
  • Practiced negotiation skills.
  • Comprehended the key issues around sustainability in purchasing.
  • Devised an Action Plan to be implemented at your workplace using the knowledge and skills acquired through the course.

Categories

Similar Courses

Procurement Process Excellence

Procurement Excellence Workshop

Procurement’s Support to the Organization

Evaluating Suppliers and their Bids

Negotiating the Best Deal

Advanced Procurement Excellence

Advanced Procurement Excellence and Contract Essentials

Advanced Procurement Excellence and Supply Chain Strategy