Objective

At the end of the training, all participants will be able to:

• Recognize the role of procurement and its contribution to achieving organizational objective
• Evaluate internal spending and supply market dynamics to formulate strategic sourcing and procurement plan
• Application of different sourcing strategies to leverage savings and ensure supply security
• Supplier selection and performance management to achieve an optimum balance between material cost price and quality
• Develop skills required for effective supplier relationships to achieve enhanced value
• Manage the performance of procurement processes for continuous improvement

Content

• Module 1: Introduction to Procurement
• Module 2: Procurement Planning Procedure
• Module 3: Supplier Selection and Contract Management
• Module 4: Supplier’s Performance and Relationship Management
• Module 5: Payment Terms and Conditions

Who should Attend?

This training program is specially designed for:

• Procurement Professionals
• Purchasing and Contract Management Professionals
• Supply Chain Professionals
• Accounting and Finance Professionals
• Administrative and Operation Professionals
• Project, Engineering, Operational, and Maintenance, Personnel who are involved in the planning, and execution of purchases and contracts

Trainer's Profile

Specialties: Supply Chain Management, Procurement Management, Purchase Management, Warehouse Operations Management, Logistics Management, and Distribution Centre Operations.

Fee Charged

• USD 200 (Register before 8 March 2023)
• USD 220 (Register before 14 March 2023)
• USD 250 (Normal Fee)

The course fees are inclusive of course materials, handouts, meals, refreshments, and certificates of completion but do exclude 10% of VAT amount.