Procurement Essentials - Understanding the Power of Procurement

INTRODUCTORY

Procurement Essentials

Build your understanding of the procurement process and the tools that are used.

This intensive workshop explores the procurement process and the ways that value can be created, shared and/or destroyed throughout the end-to-end process.

2 DAY COURSE

LEARNING OUTCOMES

Our practical two-day course will equip you with the knowledge and tools to:

• Describe the end-to-end procurement process and identify ways that value can be created or destroyed.
• Define and demonstrate the contribution of the procurement specialist at each phase of the procurement process.
• Distinguish between RFIs, RFPs and other tools of market engagement and how to deploy those tools effectively.
• Define value for money and design evaluation mechanisms to enable the selection of the best offer for a variety of procurement examples.
• Demonstrate suitable behaviours for conducting supplier meetings and bid evaluations to ensure professional standards and integrity are upheld.

BENEFITS OF ATTENDING

• Increased confidence and appreciation of the difference between transactional purchasing and contemporary procurement practices.
• More effective understanding of the tools used by professional procurement practitioners.
• Lowers the likelihood of the procurement process being impacted by supplier attempts to undermine effective procurement practices.

COURSE OVERVIEW

1 - The procurement lifecycle

2 - What is our role?

3 - Defining the opportunity

4 - Reviewing the supply market

5 - Negotiating terms

6 - Selecting the supplier

7 - Managing supplier performance

8 - Reviewing the procurement

9 - Managing supplier relationships in practice

AUDIENCE

This workshop will be of benefit to those who are new to the procurement process and seek to understand their role and the tools available to achieve better outcomes for their organisation.