Nigerian Seminars and Trainings

Search conferences, training, seminars, courses and workshops in Nigeria and around the world

business logo

Strategic Procurement and Vendor Management Course

By: Tom Associates Training  

Lagos State, Nigeria

13 - 17 Nov, 2017  5 days

Follow Event

  

NGN 162,750

This course provides participants with the necessary knowledge and skills to effectively and efficiently manage company and project procurement functions.

The topics covered will include:

  • The concept of strategic and operational procurement management
  • How to craft procurement strategies, plans and programmes
  • How to develop the proper procurement organization, policies, systems and procedures
  • How to determine the required procurement manpower requirement - composition, competency and quantity
  • Managing purchasing operations
  • Managing project procurement
  • Managing vendor relations
  • Tender management
  • Contract management
  • Warehouse management
  • Delivery / distribution / logistic management
  • Managing procurement information management system.

Course Contents

Day One

  • Overview of Procurement
  • The Terminologies
  • The major virus of Procurement
  • Strategic fundamentals of a buyer
  • Critical issues for consideration in developing procurement strategy
  • Types of Procurement Methods
  • Centralized Procurement
  • Decentralized Procurement
  • Whole Life Procurement (TCO)
  • The Procurement Management Procedure
  • Project Appraisal and Analysis
  • Sourcing
  • Tendering and Bidding.

Day Two

  • Procurement Cycle
  • Implementing procurement management plan
  • Requirement to purchase
  • Plan the process
  • Prepare the documentation
  • Identify possible suppliers
  • Issue/Receive back the tender/quotation documentation
  • Evaluate the submissions
  • Negotiation - High value Negotiation planning
  • Award and place the contract
  • Delivery
  • Payment
  • Manage and monitor the contract
  • Review the process
  • Procurement Business Process Management
  • Procurement Management Planning
  • Strategic Alignment for the Procurement Manager.

Day Three

  • Financial Skills for Procurement Executives
  • Capital Investment Appraisal
  • Budget forecasting
  • Budget development structuring
  • Procurement  Master Budgeting
  • Procurement Financial Performance management
  • Final Investment Decision
  • Procurement Risk Management
  • Guidelines for procurement audit manual
  • Procurement Risk Auditing
  • Procurement Risk Prioritisation and Categorisation
  • Contract Management Skills for the Buyer
  • Types of contracts and implementation techniques
  • Contract strategies and techniques
  • Using the difference in real life situations.
  • Effective Negotiation in procurement
  • Procurement Performance Management
  • Supplier Development Programming
  • Vendor Administration
  • Strategic  Supplier workshop development
  • International Sourcing and E-Procurement
  • Procurement Management technological development
  • Introduction to Electronic Procurements
  • Supplier Management Integration System
  • Oracle Enterprise Resource Planners v. Procurement.

Day Four

  • Procurement Stakeholders Management
  • Stakeholders Analysis
  • Stakeholders Planning
  • Stakeholders prioritisation techniques
  • The Role of the Buyer in the Supply Chain
  • What exactly is the Supply Chain Management?
  • How the Supply Chain works
  • The logistics of procurement in the Chain
  • The buyer’s influence on the Supply Chain
  • Common mistakes in Procurement Management and solutions
  • Legal Issues
  • Terms-of-reference for contract of service
  • Effective Contract Management.

Day Five

  • Key Performance Indicators
  • Optimize existing Procurement Models
  • Costing models - the Total Cost of Ownership
  • Contracting with reduced supplier base
  • Financial Skills for Procurement Executives
  • Formulas For Winning Highly Competitive Bids
  • Project Management and Procurement Analysis
5/7 Alade Lawal Street, Opposite Divisional Police Station, Off Ikorodu Road, Anthony, Lagos. Nov 13 - 17 Nov, 2017

Registration: 08:30:am - 09:00:am

Class Session: 09:00:am - 04:00:am

NGN 162,750.00(Including VAT)
(Convert Currency)

08033019120

Discount of 5% to 3-4 participants from same organization. Discount of 10% to 5 or more participants from same organization.
Related Courses
Bank Treasury Management Training Bank Treasury Management Training

4 days, 24 - 27 Jul, 2018 

2018-07-24 12:07:00
Lagos State, Nigeria

Tom Associates Training

 Bank Treasury Management Training participants will be equipped with knowledge and skills in the following areas: Government policies on funding, monetary and fiscal policies Deposits ...

Finance for Non-Financial Managers Finance for Non-Financial Managers

5 days, 09 - 13 Apr, 2018 

2018-04-09 12:04:00
Lagos State, Nigeria

Tom Associates Training

Exposure of managers to important financial concepts in day-to-day business transactions. It will help them take better decisions on the basis of financial implications on the business. It will also ...

Payroll Management, Compensation and Benefits Administration Payroll Management, Compensation and Benefits Administration

3 days, 18 - 20 Apr, 2018 

2018-04-18 12:04:00
Lagos State, Nigeria

Tom Associates Training

This is a course suitable for individuals administering the payroll function 'In-house' or managing providers of payroll services when outsourced. It is significant that every organization, ...

Selling In a Difficult Environment Selling In a Difficult Environment

2 day, 09 - 10 Aug, 2018 

2018-08-09 12:08:00
Lagos State, Nigeria

Tom Associates Training

This Selling in a Difficult Environment course will discuss the following How the salespersons’ mental agility can increase so as to perform at the very best How to bring high energy to bear ...