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 Procurement of Goods Works and Service 19 Jan Online QR Code
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Procurement and Supply Chain Management

Procurement of Goods Works and Service


REF : L2336 DATES: 19 - 23 Jan 2025 VENUE: Online FEE : 2250 

Overview:

Introduction:

This training program is designed to equip participants with a deep understanding of procurement processes and best practices. It will provide valuable insights to navigate the complexities of procuring goods, works, and services efficiently and effectively.

Program Objectives:

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

  • Understand the fundamentals of procurement and its importance in achieving organizational goals.

  • Identify different procurement methods and select the appropriate approach for various needs.

  • Comprehend the legal and ethical considerations in procurement processes.

  • Implement effective supplier management strategies for successful procurement outcomes.

  • Navigate potential challenges and risks in procurement and apply mitigation strategies.

Targeted Audience: 

  • Procurement professionals at all levels

  • Project managers and team members involved in procurement activities

  • Supply chain managers and administrators

  • Contract managers and administrators

  • Anyone interested in gaining a comprehensive understanding of procurement processes

Program Outlines:

Unit 1:

Fundamentals of Procurement:

  • Introduction to procurement: Definitions and key concepts.

  • Procurement's role in organizational success.

  • Types of procurement: Goods, works, and services.

  • Procurement life cycle: Steps from identification to contract management.

  • Importance of alignment between procurement and organizational goals.

Unit 2: 

Procurement Methods and Approaches:

  • Competitive bidding vs. direct negotiations.

  • Request for Quotation (RFQ), Request for Proposal (RFP), and Request for Tender (RFT).

  • Two-stage bidding process: Prequalification and final selection.

  • Framework agreements: Benefits and applications.

  • Best value vs. lowest cost considerations.

Unit 3:

Legal and Ethical Aspects of Procurement:

  • Procurement regulations and legal frameworks.

  • Anti-corruption measures and compliance.

  • Intellectual property rights and data protection.

  • Contractual agreements and terms.

  • Handling conflicts of interest and ensuring transparency.

Unit 4: 

Supplier Selection and Management:

  • Supplier qualification and evaluation.

  • Criteria for supplier selection: Technical, financial, and operational.

  • Developing effective supplier relationships.

  • Key performance indicators (KPIs) in supplier management.

  • Supplier development and continuous improvement.

Unit 5:

Managing Procurement Risks:

  • Identifying procurement risks and challenges.

  • Risk assessment and prioritization.

  • Risk mitigation strategies and contingency planning.

  • Supply chain disruptions and their impact.

  • Technology solutions for risk management in procurement.