Managing Purchasing Fraud

By the end of this workshop, the participants will be able:

• Learn how unjustified single source award encourages fraud
• Develop strategic purchasing plans to avoid collusion between suppliers
• Discuss how purchase orders and variations orders are instrumental in Purchasing fraud
• Determine how to eliminate low value-added processes
• Be taught how to develop spend profiles
• Explore many ways of reporting Key Performance Indicators (KPI)

CONTENT

Strategic Cost Reduction Initiatives

• Understanding the Total Cost of Ownership
• The elements of Supplier Cost
• How to spot Purchasing Fraud?
• The Most Common Purchasing Fraud Schemes and their Primary Red Flags
• Six Common Purchasing Fraud Schemes
• Case Study on TCO

Improving the Image of Procurement

• The Seven Global Purchasing Fraud Challenges
• Purchasing Frauds and its Effects
• Basic Issues in Corruption and Fraud Prevention
• 10 Ways to Control Procurement Fraud
• Increasing the Level of Purchasing Professionalism

FOR WHOM: Stores, Purchasing and Logistics Personnel in the Public and Private Sectors.

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.

Date:

1ST BATCH                        2nd – 5th July, 2019                                               

2ND BATCH                       3rd – 6th December, 2019