Description
Starting out in procurement or refreshing your procurement skills after a break, means getting to grips with the “Essentials” of the topic. This course is ideal for that purpose. The course examines how corporate procurement takes place – usually on a competitive footing, but sometimes by placing direct orders with a supplier. The course will unpick the advantages and disadvantages of competitive procurement, and looks at who does what and when they do it. It will also walk through the key steps in the procurement process and examine examples of procurement documents, such as the Statement of Requirement (also known as the Scope of Work).
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.
What you will learn
Fundamentals of Procurement
- The role of the Procurement Function
- Material requirements planning
- Public procurement and private procurement compared
Global Procurement Processes
- Competitive and non-competitive purchasing
- Bids and Tenders documentation
- Managing an open and transparent process
- Avoiding mistakes that could cancel the procurement
Procurement Sourcing
- Writing the Statement of Requirement / Scope of Work
- Supplier Sourcing
- Working with approved suppliers
- Prequalification
- Highlights of tender evaluation
E-Procurement
- E-Procurement
- Benefits of automated procurement systems
- Alternative approaches and suppliers
- e-Auctions
- Extending the purchasing activities into contract management
Course Review
- Summary and recap of key learning objectives
- Action Planning
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