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Procurement And Vendor Management Course

By: Tom Associates Training  

Lagos State, Nigeria

17 - 21 May, 2021  5 days

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NGN 150,500

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

Other Dates

Venue Date Fee  
5/7 Alade Lawal Street, Opposite Divisional Police Station, Off Ikorodu Road, Anthony, Lagos., Lagos State, Nigeria 13 - 17 Sep, 2021 NGN180000

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. May 17 - 21 May, 2021
5/7 Alade Lawal Street, Opposite Divisional Police Station, Off Ikorodu Road, Anthony, Lagos., Lagos State, Nigeria 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.
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