Good management is an essential for success in business, and procurement requires particular skills and approaches to ensure success in defining and meeting an organisation's requirements. Procurement projects provide a number of challenges, including the need to balance initial costs with life time costs, dealing with deadlines and obtaining value for money. This course studies the key issues in managing both ongoing and project procurement processes and helps to develop successful approaches for working with both colleagues and suppliers.

WHO SHOULD ATTEND

This course is designed for procurement managers, project managers and managers working within the procurement function as well as those who are involved in projects and project procurement.

COURSE PROFILE

• Understanding the Issues associated with managing a Procurement function
• Effective Communication with key stakeholders

-          Key colleagues including users, specifiers, managers and suppliers

• Segmentation of procurement

-          Developing approaches for goods and services

-          Risk Management and contingency planning

-          Development of specifications

-          Procedures and consistency

• Category Management

-          Maintenance, Repair and Operations

-          Project Procurement

-          Supplier Development and blacklists

• Developing the procurement function

-          Team roles, Competencies - Matching the person and the role

-          Professional development, Ethics

• Measuring Procurement

-          Key Performance Measures

-          Reporting and presentations

• Project management

-          Planning processes

-          Teamwork

-          Critical Path Analysis

• Life Cycle Costs

-          Capital and Operational (CapEX and OpEx) issues

• Contingency planning

-          Corrective actions

-          Expediting

-          Urgent procurement

-          Risk analysis

-          Stock holding

• Sourcing processes

-          Tendering, Partnering, Outsourcing and Negotiating

• Legal issues

-          Contracts, Penalties and incentives

SKILLS ATTAINED

At the end of the course delegates will be able to:

Understand and manage the key issues of management

Design strategies to develop and manage staff

Develop appropriate plans for the procurement function

Achieve best results in procurement and project purchasing

Design strategies to ensure value for money

Understand and manage the consequences of failure