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

13 - 17 Jul, 2020  5 days

Follow Event   

  

NGN 180,000

Venue: 5/7 Alade Lawal Street, opposite Anthony Police Station, Anthony Village, Lagos, Nigeria

Other Dates

Venue Date Fee  
5/7 Alade Lawal Street, opposite Anthony Police Station, Anthony Village, Lagos, Nigeria, Lagos State, Nigeria 09 - 13 Nov, 2020 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 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.

Note: Available as Classroom Training as Well as Online Training

5/7 Alade Lawal Street, opposite Anthony Police Station, Anthony Village, Lagos, Nigeria Jul 13 - 17 Jul, 2020
5/7 Alade Lawal Street, opposite Anthony Police Station, Anthony Village, Lagos, Nigeria, Lagos State, Nigeria 09 - 13 Nov, 2020

Registration: 09:00:am - 04:00:am

NGN 180,000.00(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
Delivering Results through Teams Training Delivering Results through Teams Training

3 days, 26 - 28 Aug, 2020 

2020-08-26 12:08:00
Lagos State, Nigeria

Tom Associates Training

This training course Delivering Results through Teams will discuss the following: How to develop a team that delivers results through: Harnessing quality staff and aligning the employees efficiently ...

Managing Conflict and Difficult Situations at Work Course Managing Conflict and Difficult Situations at Work Course

2 day, 29 - 30 Jul, 2020 

2020-07-29 12:07:00
Lagos State, Nigeria

Tom Associates Training

This Managing Conflict and Difficult Situations at Work will discuss the following: Course Contents Day One Common causes of conflicts at work Signs of conflicts Common Conflict Triggers Different ...

Understanding Business Models Course: Innovations to Deliver Strategic Goals Understanding Business Models Course: Innovations to Deliver Strategic Goals

2 day, 03 - 04 Sep, 2020 

2020-09-03 12:09:00
Lagos State, Nigeria

Tom Associates Training

Understanding Business Models: Innovations to Deliver Strategic Goals is a robust opportunity to plan for the future of the business. Course Contents Day One Creating New Models Central focus of ...

Report and Proposal Writing/Crucial Communications Course Report and Proposal Writing/Crucial Communications Course

4 days, 04 - 07 Aug, 2020 

2020-08-04 12:08:00
Lagos State, Nigeria

Tom Associates Training

For effectiveness in business communications, this course focuses on making managers to: Become highly skilled in the use of English Language Write memos, letters, reports, proposals excellently by ...