Procurement, Contract Management And Effective Negotiations

Our Courses

INTRODUCTION

Achieving organizational objectives from the supply market requires a sound approach to procurement and effective use of negotiation skills. Being able to effectively negotiate in the course of procurement and bidding for contract help to bring about cost reduction and enhances effective utilization of funds. Strategic procurement, contract management and negotiation are vital aspects of businesses that can significantly enhance organizational performance.

This comprehensive training course is designed to enable staff/buyers involved in procurement and contract management learn sound techniques and strategies that will enable them reduce cost and effectively utilize funds.

Knowledge Development Objectives

At the end of this training, participants should be able to:

Understand and appreciate the importance of strategic procurement and supply chain management
Build and deliver against a detailed strategic procurement framework
Set a baseline for procurement and profile the supply market
Effectively select, monitor, measure and manage suppliers
Achieve significant improvements in cost reduction and effectively utilize funds
Establish and maintain sound business relationship with suppliers and organizations

Course Content

Day One

Introduction to Procurement
Procurement Management Techniques/Methods/Types
Procurement Management Procedures
Law of Procurement Management
Procurement Cycle/Process
Baselining the Procurement Process

Day Two

Procurement Business Process Management
Procurement Financial Management
Procurement Risk Management
Procurement Stakeholders Management
Procurement Management Technological Development
Procurement Performance Management

Day Three

Supply Chain Management
The Roles of Buyers in Supply Chain
Profiling the Supply Market
Supply Base Transition
Supplier Relationship Management
Contract Management
Contract Life-Cycle
Bid and Tender Analysis
Effective Negotiation in Procurement and its importance
Overcoming Barriers to Effective Negotiation in Procurement

Who Should Attend

Procurement Mangers/Officers, Supplier Managers/Officers, Operations Managers, Supply Chain Consultants/Buyers, Finance Managers/Officers, Anyone who is responsible for and involved in Supply Relationships or that will be involved in Supply Management in the future.

Need Help or Any Query?

PCL a consortium of experts in Management Consulting and Human Resources. We specialize in Training, Customer Service, Business Process Engineering, Recruitment, Quality Issues, and Organization Development.

Quick Links

Our Coverage

Get In Touch

Address

38, Opebi Road, Adebola House, (Suite 100, Rear Wing – CubeHub), Ikeja, Lagos.

Email

info@prisdavconsulting.com

Mobile

0706 202 4287, 0802 326 5683