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Course Title:

Course ID:

041124 0101 4325ESH

Course Dates :

04/Nov/2024

 To

08/Nov/2024

Course Duration :

5

Course Location:

London

United Kingdom

Course Fees GBP £ :

Primary Price

£4,555.99

VAT may vary depending on the country where the course or workshop is held

Course Fees USD $:

Advisory Price

$5,829.09

VAT may vary depending on the country where the course or workshop is held

Course Category:

Professional and CPD Training Programs

Supply Chain, Procurement, Purchasing Management, Logistics Management

Course Certified By:

* Professional Training and CPD Programs
Leading to : Executive Diploma Certificate
Leading to : Executive Mini Masters Certificate
Leading to : Executive Masters Certificate

* ESHub CPD
* LondonUni - Executive Management Training
* Others

United Kingdom

Please Note : Your £250.00 Deposit will be deducted from the total invoice Amount.
To commence the registration process for your training course, please follow the link provided and proceed with; Upon successful payment, we will promptly contact you to finalize your enrollment and issue a confirmation of your guaranteed placement.

Course Information

Introduction

Welcome to the "Mastering Purchasing Process from Specification to Contract Completion" course!
In this comprehensive five-day program, participants will delve into the intricacies of the procurement process, from the initial specification phase to the successful completion of contracts.
Through a combination of lectures, case studies, and interactive exercises, attendees will gain a thorough understanding of best practices, strategies, and tools essential for effective procurement management.

Objectives

This course enables the Participants to:
• Understand the different levels of procurement decision making.
• Understand the different procurement procedures and processes.
• Understanding the different assessment tools in selecting suppliers, contract types, agreement terms and performance management.
• Understanding the procurement management best practices

Who Should Attend?

This course is important for managers, supervisors, executives, and team leaders in all vocational operation areas within the organization, such as financial sector, production sector and supply chain, purchasing, importation planning sectors.
Marketing sector can make profit out of this course when dealing with marketing service providers, packaging, catalogues, gifts and premium products.

Training Method

• Pre-assessment
• Live group instruction
• Use of real-world examples, case studies and exercises
• Interactive participation and discussion
• Power point presentation, LCD and flip chart
• Group activities and tests
• Each participant receives a 7” Tablet containing a copy of the presentation, slides and handouts
• Post-assessment

Program Support

This program is supported by:
* Interactive discussions
* Role-play
* Case studies and highlight the techniques available to the participants.

Daily Agenda

The course agenda will be as follows:
• Technical Session 08.30-10.00 am
• Coffee Break 10.00-10.15 am
• Technical Session 10.15-12.15 noon
• Coffee Break 12.15-12.45 pm
• Technical Session 12.45-02.30 pm
• Course Ends 02.30 pm

Please Note : Your £250.00 Deposit will be deducted from the total invoice Amount.
To commence the registration process for your training course, please follow the link provided and proceed with; Upon successful payment, we will promptly contact you to finalize your enrollment and issue a confirmation of your guaranteed placement.

Week 1

Day 1:
Module 1 – Procurement and Purchasing Strategies
1. Supply Chain and Supplier Relationship Management
2. Supply Positioning and Kraljic grid for Purchasing Decision making.
3. Supply Chain Vertical Integration – Supply Alliances
4. Managing Supplier Relationship
5. Case study on using Kraljic grid to construct Suppliers portfolio.

Day 2:
Module 2 – Sourcing principles
1. Effect and risk of purchasing variability on inventory.
2. Purchasing Cycle, Procurement Processes and Procurement Methods
3. Sourcing and Bidding
4. Pareto Analysis and sourcing methodology
5. Strategic Out-Sourcing matrix

Day 3:
Module 3–Principles of Purchasing execution
1. Defining Specifications
2. Supplier Selection criteria
3. Contracting and Contract types
4. Supplier Performance evaluation
5. Procurement Performance and best practices based on SCOR model.

Day 4:
Module 4 – Tender Evaluation and Supplier Selection
1. Financial assessment of Payment terms and Shipping terms
2. Techniques of Price Analysis
3. Methods of Projects Cost Analysis
4. Total Cost of Ownership
5. Supplier selection using scoring techniques.
6. Incoterms

Day 5:
Module 5 –Contract Management
1. General duties
2. Contract planning.
3. Challenges
4. Contract Management team.
5. Factors affecting contract management.
6. Technical representative responsibility
7. Quality Inspection responsibility
8. Contract Closing and Termination

Please Note : Your £250.00 Deposit will be deducted from the total invoice Amount.
To commence the registration process for your training course, please follow the link provided and proceed with; Upon successful payment, we will promptly contact you to finalize your enrollment and issue a confirmation of your guaranteed placement.