OVERVIEW

Procurement is the process of acquiring goods, services, or works from an external source through a structured process that ensures value for money, quality, and timely delivery. An organisation’s success may often depend on its ability to purchase products necessary for its operation. As the global division of work is still increasing in all industries in order to improve speed, process integration and customer satisfaction there is a growing need for a modern sourcing system. Many decisions taken by departments have a procurement implication that can impact on the overall cost of carrying out the decision. Procuring the needed item or service quickly, efficiently and cost-effectively requires certain skills and knowledge. This course is suitable for staff of all grades that require knowledge and skills in operation or management of procurement.

OBJECTIVES

1. Develop knowledge and understanding of the procurement processes.
2. Understand the need and strategies for cost saving.
3. Develop participants’ understanding of the strategic sourcing.
4. Reduce cost through well-planned and executed collaborative negotiations with suppliers.
5. Apply best practices in sourcing, supplier evaluation and contract management.

WHO SHOULD ATTEND

1. Procurement, Logistics, Planning Managers
2. Procurement, Logistics, Planning Executives/Officers/Supervisors
3. Procurement, Logistics, Planning Team Leaders and Clerical staff

COURSE OUTLINE