Procurement is the act of obtaining or buying goods and services observing the rights which used to be 5R then 8Rs and now 25Rs. The process includes the preparation and processing of a demand as well as the end receipt and approval of payment.

Specification and standardization of materials are crucial to the success of the purchasing function. Procurement cannot achieve much if other functions are not supportive so, there is a need to work together as a team to satisfy and delight customers.

For whom:

Director of Finance, Director of Administration, Heads of Supplies, Director of Engineering, Supplies Officers, Contract Officers, Project Engineers, Stores Officers, Supply Chain Managers / Purchasing Managers, Accountants, Auditors, and Facilities Maintenance Officers in both public and private sectors of the economy.

Learning objectives:

At the end of this workshop, the participants will be able to:

• develop an understanding of procurement and its functions;
• examine the purchasing cycle, and manage it to deliver effective and efficient service services to their customers;
• consider developing world-class suppliers and manage the relationship on a partnership basis;
• run procurement function as a profit centre through her operations and customer service;
• Develop knowledge of new models of procurement.