Nigerian Seminars and Trainings

Search all upcoming seminars, conferences, short management courses and training in Nigeria and around the World

business logo

Procurement Planning and Bid Management Course

By: Fontini Consulting Ltd

State, Nigeria

24 - 27 Jun, 2024  4 days

Follow Event

  

NGN 285,000

Venue: Lap New World Hotel Jabi Abuja

Other Dates

Venue Date Fee  
Lap New World Hotel Jabi Abuja, State, Nigeria 09 - 12 Sep, 2024 NGN285000

Planning is both the most critical and the most challenging phase of any procurement operation. It provides direction towards how the function intends to secure the supply security of the organization. When it comes to bid management, a sound procurement plan will help balance the often conflicting goals of generating savings and satisfying internal customers. In this course, we provide a thorough explanation on how to approach the planning of procurement objectives and initiatives. We delve into the different qualitative and quantitative forecasting techniques as they relate to inventory planning and we demonstrate how different vendor integration strategies can be applied to help sustain operations and projects.

Course Methodology

This course uses a variety of individual exercises, team exercises, case studies and videos.

Course Objectives

By the end of the course, participants will be able to:

  • Write strategic procurement objectives and initiatives to support long term directions
  • Arrange 'spend items' into categories that support planning of go-to-market strategies
  • Apply demand forecasting techniques to improve planning of procurement activities
  • Generate vendor integration strategies to ensure supply security
  • Evaluate vendor bids in a scientific manner to support selection decision making

Target Audience

Purchasing and supply chain professionals at all levels of the organization who are involved in planning, sourcing, buying and bid selection activities, as well as personnel who are involved in the purchasing process.

Target Competencies

  • Procurement planning
  • Business analysis
  • Structured thinking
  • Business forecasting
  • Inventory planning
  • Performance evaluation

Course Outline

  • Strategic procurement planning
    • Setting procurement mission and objectives
    • Selection of improvement initiatives
      • Structure-related initiatives
      • Systems-related initiatives
      • Workstreams-related initiatives
      • Culture-related initiatives
    • Performance measures and targets
    • Communication of procurement plan
    • Stakeholder engagement
  • Spend category planning
    • Spend category profiling
    • Spend impact analysis
      • Financial impact
      • Vendor segmentation
    • Market risk analysis
      • Value chain analysis
      • SWOT analysis
      • Porter’s five forces
      • Risk heat maps
      • Vendor risk scores
    • Category report consolidation
  • Forecasting and demand planning
    • The soft side of forecasting
      • Tetlock’s foxes and hedgehogs
      • Taleb’s black swan
    • Principles of demand planning
    • Quantitative forecasting techniques
    • Qualitative forecasting techniques

This Course will teach you the various techniques for effectively managing workplace stress, to improve productivity and personal well-being.

A comprehensive stress management training course, offering practical solutions to reduce and manage workplace stress.

For Whom

  • For employees to raise employee awareness of their personal stress levels and to help manage stress more effectively.
  • For team leaders, supervisors and line managers who wish to reduce and manage work-related stress.

Course Objectives

By the end of this one-day training course, the participants will have:

  • Identified the costs and benefits of dealing with stress
  • Defined what stress is and started to recognise the signs of stress
  • Tried out some personal stress management strategies and techniques
  • Recognised the legal obligation of the employer to reduce work-related stress
  • Reviewed the main work areas that can lead to stress and identified ways to address work-related stress throughout the organisation
  • Considered the critical role and skills of an effective manager of stress and drawn up their own action plan to address the most prominent issues in managing stress in the workplace

Course Contents

  • Costs and benefits of reducing work-related stress
    • Impact and costs of stress on the organisation
    • Benefits of tackling workplace stress
    • Small group exercise and facilitated group discussion
  • What is stress/stressors and controls
    • An introduction to stress awareness
    • The fight or flight response
    • Is all stress bad for you?
    • Presentation and group discussion
  • Recognising the signs and symptoms of stress
    • The four sources of stress – emotional, mental, physiological and behavioural
    • The long term effects of stress
    • Identifying your personal stress map
    • Small group exercise with presentation feedback and group discussion, individual questionnaire and exercise
  • Stress management toolkit
    • Review of current stress management techniques being used by the group
    • Coping strategies and tips for managing stress
    • Presentation, individual practical activity and facilitated group discussion
  • The legal case for dealing with work-related stress
    • The legal obligation of the employer to reduce work-related stress
    • 5 Steps to Risk Assessment
    • Presentation and facilitated group discussion
  • The HSE Management Standards Approach
    • The Risk Assessment approach to reducing stress in the workplace
    • Ways to encourage employers and employees to work in partnership to address work-related stress throughout the organisation
    • Six areas of work that can lead to stress – a review of the standards and what can be done in the participants workplace to manage stress
    • Presentation, small group exercises and facilitated group discussion
  • Skills of an effective Stress Manager
    • Critical role of the line manager
    • Stress management skills and competencies
    • Small group exercise, individual reflective and action planning exercise
Lap New World Hotel Jabi Abuja Jun 24 - 27 Jun, 2024
Lap New World Hotel Jabi Abuja, State, Nigeria 09 - 12 Sep, 2024
NGN 285,000.00
(Convert Currency)

DR. FRANCIS OKEREKE 08035062583

A distinguished team of Facilitators who are eminently qualified professionals

Related Courses

Accounts Receivables and Payable Best Practices Course Accounts Receivables and Payable Best Practices Course

4 days, 23 - 26 Jul, 2024 

2024-07-23 12:07:00 2024-07-23 12:07:00
State, Nigeria

Fontini Consulting Ltd

Receivable or debts arise on a day-to day basis in most transactions in both the public and private sectors as goods services are provided and received. It is also common knowledge that debtors are ...

Policy Formulation, Planning, Implementation and Management Workshop Policy Formulation, Planning, Implementation and Management Workshop

5 days, 23 - 27 Sep, 2024 

2024-09-23 12:09:00 2024-09-23 12:09:00
Ghana

Fontini Consulting Ltd

All recent efforts to streamline public administration have given rise to the need for standard policies and guidelines across public and Private sector organisations. Formulating policies is not ...

Managing the Transport Department of your Organization Managing the Transport Department of your Organization

4 days, 09 - 12 Apr, 2024 

2024-04-09 12:04:00 2024-04-09 12:04:00
Abuja FCT, Nigeria

Fontini Consulting Ltd

This all-important workshop will address the nitty gritty Managing the Transport Department of your organization. Details on request. ...

 Brand Building and Management Course Brand Building and Management Course

4 days, 19 - 22 Aug, 2024 

2024-08-19 12:08:00 2024-08-19 12:08:00
Abuja FCT, Nigeria

Fontini Consulting Ltd

Why Attend the Brand Management and Building Course You'll learn: How to build a brand which stands out in your market and connects with your target audiences’ emotions How to develop ...