Nigerian Seminars and Trainings

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

business logo

Intermediate Course on Procurement and Vendor Management

By: Tom Associates Training  

Lagos State, Nigeria

18 - 22 Mar, 2019  5 days

Follow Event

  

NGN 175,000

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 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
  • 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 and Procurement Analysis.
5/7 Alade Lawal Street, Opposite Divisional Police Station, Off Ikorodu Road, Anthony, Lagos. Mar 18 - 22 Mar, 2019

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

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

NGN 175,000.00
(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.
NST PPC Advert
Related Courses
Business Literacy- Mastering the Dynamics of Business Drivers Course Business Literacy- Mastering the Dynamics of Business Drivers Course

4 days, 03 - 06 Sep, 2019 

2019-09-03 12:09:00
Lagos State, Nigeria

Tom Associates Training

When development of employees concentrates on or gets limited to technical skills only, their business knowledge is hampered. When employees’ business knowledge is hampered, their ability to ...

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

3 days, 18 - 20 Sep, 2019 

2019-09-18 12:09:00
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, ...

Management and Protection of Information (MPI) Course Management and Protection of Information (MPI) Course

5 days, 09 - 13 Dec, 2019 

2019-12-09 12:12:00
Lagos State, Nigeria

Tom Associates Training

Officer leaves his desk while his computer is running. DG is taking a walk around, sees the computer on, tests it and finds it’s not pass-worded, gets into the email box, sends a mail to ...

Strengthening Your Business Model and Competitive Advantage Course Strengthening Your Business Model and Competitive Advantage Course

4 days, 06 - 09 Aug, 2019 

2019-08-06 12:08:00
Lagos State, Nigeria

Tom Associates Training

This Strengthening Your Business Model and Competitive Advantage course answers five critical business questions: Why are some businesses consistently outperforming their rivals? What is truly is a ...