Current Issues in Procurement and Purchasing Management

Date Format Fees  
12 Mar - 15 Mar, 2024 Classroom ₦250,000 Register
10 Sep - 13 Sep, 2024 Classroom ₦250,000 Register
12 Mar - 15 Mar, 2024 Classroom ₦250,000 Register

Event Details

  • Development of skills in a strategic process of procurement
  • Improvement of procurement management to delivery VFM
  • Building skills on how to undertake the process
  • Assessment of collaborative forms of working: partnering, alliances and joint ventures
  • Evaluation of project constraints and the management of risk

 

CONTENT

Introduction to Strategic Sourcing and Supply Management

  • Evolution, objectives and responsibilities of supply management
  • Trends and pressures affecting supply management
  • How to determine the right supply chain for your product

Process, Purchasing Organization, and Commodity Strategy Development

  • Best practices for the procure-to-pay process
  • Role and structure of purchasing departments and where they fit in the organizational structure
  • steps process to develop your commodity strategy

Supplier Evaluation and Selection and the Analytic Hierarchy Process

  • How to define important supplier characteristics and evaluation criteria
  • Strategies for evaluating your suppliers
  • Ways to improve your evaluation and selection process

Supplier Performance Management, Quality Management and Supply Base Integration

  • Strategies, tools and techniques for measuring and managing supplier performance
  • How to apply quality management concepts to manage supplier quality issues
  • Understanding of enterprise resource planning (ERP) systems
  • The value of quality buyer-supplier relationships and developing your suppliers

Global Sourcing and Outsourcing

  • How to analyze global trading partner data
  • The role of international purchasing offices (IPO)
  • When and how to enlist third party support
  • Global trends and research on outsourcing

Electronic Procurement and Strategic Cost Management

  • Objectives, benefits and challenges of e-procurement
  • E-procurement tools that yield the greatest benefits
  • Cost management across the entire supply chain
  • Value engineering, value analysis, cost analysis, and price analysis techniques

Negotiations, Law and Contract Management

  • Four principles for getting to yes
  • Effective negotiation tactics and methods
  • Laws of agency and buyer’s personal liability
  • Fundamentals of contract law and the Uniform Commercial Code (UCC)

Ethics and Green Procurement

  • How your firm can promote ethical behavior
  • Drivers of environmental sourcing and sustainability
  • Generally recognized environmental standards and certifications

 

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.

  • Venue

    Alpha Partners Professional Training Conference Centre. 200, Muritala Mohammed Way (3rd Floor), Yaba Lagos.

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