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Course Code: PSCO 113
2893 Course Visits
Advanced Purchasing Management & Effective Purchasing Tendering & Supplier Selection
Course Sector:
Procurement & Supply Chain Operations
Course Dates and Locations
Choose a date and location to book your seat
No.
Date
Days
Location
Fees
Enrollment
01
5 Days
Dubai, UAE $4,250
02
5 Days
Abu Dhabi, UAE $4,250
Introduction
Training course introducion / brief
Purchasing is one of the most important functions for successful organizations. Selecting and applying the appropriate methodologies to ensure value for money, and high-quality delivery by suppliers requires collaboration across all functions and a strong contractual underpinning of the supplier relationship. This requires a complete understanding of the needs of the organizations, and the capabilities in the supply market.
Course Objectives
At the end of the training course, participants will be able to
- Be more effective in managing Purchasing
- Development of appropriate strategies for delivering value
- Use appropriate methodologies for managing suppliers
- Use of tendering, negotiation, and other techniques
- Enhance value obtained from suppliers
- How to measure and improve the performance of the Purchasing function
- Consider how the wider business environment affects procurement
- Consider the latest advances in Purchasing management
Course Audience
Who is this course for, and can benefit the most
- Engineering
- Construction
- Tenders
- Buying
- Procurement
- Finance
- Projects
- Public Sector
- Contracts
- Purchasing
- Commercial
Course Outline
The course aims and learning outcomes
The Basis of Purchasing Management
Principles of Good Procurement
- Requirements and Specifications
- Spend mapping
- Supply Segmentation
- Contracts
- Price, cost and value Principles of Good Management
- Strategy, vision
- Styles of management
- Objectives of Purchasing management
- Organisational structure
Sourcing and supplier management
- Appropriate sourcing techniques
- Tendering
- Open, Restricted, negotiated competitive dialogue.
- PQQ – pre-qualification questionnaires
- Tender evaluation
- Negotiation
- Electronic procurement
- E-auctions
Assessing and allocating risk
- Identifying Risk
- Mitigating Risk
- Split supply arrangements
- Approved supplier lists and blacklists
Risks and opportunities in the supply market
- Supplier Management and Development
- Global sourcing
- Incoterms
- Supplier Evaluation
- Partnerships and alliances
- Force major clauses
- Supplier Development
Local supplier development
- Corporate Social Responsibility
- Ethical and Environmentally responsible sourcing
Managing Suppliers
- Ensuring performance
- Getting back on track
- The total cost of ownership
- Managing Partnerships
- Appropriate opportunities for partnering and alliances
- Structure of partnerships
- Duration, and end of partnership arrangements
- Managing non-critical suppliers Managing Service Suppliers
- Service Level Agreements
- Supplier non-conformance, and corrective actions,
Measuring Performance, leading change in Procurements Measuring Performance
- Key Performance Measures
- Financial Measures
- Ensuring Cross-functional collaboration
- Procurement Marketing
- Promoting Purchasing to the organization
- Change Management
- Critical path analysis
- Stakeholder analysis
- Action planning
- Program highlights, and final observations
Providers and Associations
Providing the best training services and benefits to our valued clients
Boost certificate of completion
BOOST's Professional Attendance Certificate “BPAC” is always given to the delegates after completing the training course, and depends on their attendance of the program at a rate of no less than 80%, besides their active participation and engagement during the program sessions.
ENDORSED EDUCATION PROVIDER
Flexible deadlines
Customized dates accordance to your schedule
Shareable Certificate
Earn certificate upon completion
COURSE METHODOLOGY
Our Training programs are implemented by combining the participants' academic knowledge and practical practice (30% theoretical / 70% practical activities).
At The end of the training program, Participants are involved in practical workshop to show their skills in applying what they were trained for. A detailed report is submitted to each participant and the training department in the organization on the results of the participant's performance and the return on training. Our programs focus on exercises, case studies, and individual and group presentations.
Since 2001, we have been pioneering the training field in the middle east, we managed to unlock potential and help individuals, teams and organisations to be the best that they can be with our full and integrated solutions.
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