In-Company training for the Supply Chain Professional
Procurement Tools and Techniques
Course Objectives
This programme aims to provide delegates with an appreciation of the procurement process from Identifying Needs through to the Monitoring of Performance.Course Contents
Day OneProcurement defined
Procurement and Supply Chain Management
How procurement adds value
Sources of added value; cost, time, quality, innovation and risk management
The key stages in the procurement process
The procurement cycle
The five rights
Using Portfolio Analysis to develop strategy
Specifying
Sourcing Strategy
The Contract Award Process
Day Two
Analysing Supply Markets
Porter's five forces
Market types and behaviours
Understanding supplier behaviours
Managing Contract award
Supplier selection
Contract strategies
Biding strategies
Bid evaluation
Negotiation approaches
Implementing Contracts
Managing the stakeholders
Transition management
Exit management
Who Should Attend
Public and private sector procurement and non-procurement personnel involved in the placement and management of contracts with external third party suppliers.Duration
A 2-day single manned course.
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