Nigerian Seminars and Trainings

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

business logo

Procurement and Vendor Management Course

By: Tom Associates Training  

Lagos State, Nigeria

13 - 17 Sep, 2021  5 days

Follow Event

  

NGN 150,500

Venue: 5/7 Alade Lawal Street, Opposite Divisional Police Station, Off Ikorodu Road, Anthony, Lagos.

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 organisation, policies, systems and procedures
  • How to determine the required procurement manpower requirement - composition, competency & 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
    1. The Terminologies
    2. The major virus of Procurement
    3. Strategic fundamentals of a buyer
    4. Critical Issues for Consideration in Developing Procurement Strategy
  • Types of Procurement Methods

- Centralised Procurement

- Decentralised Procurement

- Whole Life Procurement (TCO)

  • The Procurement Management Procedure

- Preparing terms-of-reference for contract of service

- 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

  • International Sourcing and E-Procurement
  • 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

- Market research and supplier selection

- Common mistakes in Procurement Management and solutions

  • Legal Issues

- Terms-of-reference for contract of service

- Effective Contract Management.

 

DAY FIVE

  • Key Performance Indicators

- Guidelines for procurement audit manual

- 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 & Procurement Analysis.
5/7 Alade Lawal Street, Opposite Divisional Police Station, Off Ikorodu Road, Anthony, Lagos. Sep 13 - 17 Sep, 2021

Registration: 09:00:am - 03:00:am

NGN 150,500.00(VAT Inclusive)
(Convert Currency)

Mr Abiodun Toki 08033019120

Discount of 5% to 3-4 Participants from Same Organization. Discount of 10% to 5 or More participants from Same Organization.

Related Courses

Innovating for Business - Rethinking Products and Service Success Strategies Innovating for Business - Rethinking Products and Service Success Strategies

2 day, 17 - 18 Jun, 2021 

2021-06-17 12:06:00 2021-06-17 12:06:00
Lagos State, Nigeria

Tom Associates Training

Yours should be a learning organisation filled with people who constantly develop new solutions and ideas for products and services; who navigate new routes and open up new business frontiers; who ...

Investment Analysis and Portfolio Management Course Investment Analysis and Portfolio Management Course

4 days, 24 - 27 Aug, 2021 

2021-08-24 12:08:00 2021-08-24 12:08:00
Lagos State, Nigeria

Tom Associates Training

This course is tailored in a step by step approach aimed at equipping candidates to understand how to analyse any investment and make proper investment decision. The program will cover various ...

How to Set Key Performance Indicators (KPI): For Objective Performance Management How to Set Key Performance Indicators (KPI): For Objective Performance Management

2 day, 17 - 18 Jun, 2021 

2021-06-17 12:06:00 2021-06-17 12:06:00
Lagos State, Nigeria

Tom Associates Training

The process of setting performance standards which can support appraising your employees’ performances against predefined sets of criteria that support the organization’s goals and ...

Customer Care Essentials Course Customer Care Essentials Course

3 days, 16 - 18 Jun, 2021 

2021-06-16 12:06:00 2021-06-16 12:06:00
Lagos State, Nigeria

Tom Associates Training

Programme Description   The programme focuses on the organisation’s employees attaining: • excellent responsiveness in serving customers • good service ethics • creativity ...