Project Management Institute (PMI)^® has reviewed and approved GLOMACS as a Global Provider of project management training. This is a PMI^® Approved/Registered training seminar and hence attendance to this training course will enable those credentialed with PMI^® to receive applicable PDUs upon updating their status with PMI^®.

(REP logo, PMI & PMP are registered trademarks of Project Management Institute, Inc.)

Are we doing the right things? In spite of all our efforts, deliveries are late, over budget and below performance. The way that we approach our procurement has a marked effect on the end result; therefore we have to ensure we use the right processes and criteria to select our suppliers.

This seminar will use the system approach to demonstrate the optimal method in vendor qualification, enhance performance and ensure contract compliance.

This fast paced seminar provides both strategic and tactical insights into:

• Casting the net wide enough to ensure an adequate number of suppliers to select from
• Selecting only the best suppliers to participate
• How to measure their performance objectively
• To ensure that they perform according to expectations

Participants attending the seminar will:

• Benefit from learning from a seasoned practitioner
• Hearing the practices and experiences of others
• Cover the vital steps in a proper supplier evaluation
• Matching customer requirement with the correct supplier segmentation
• Develop meaningful performance measures
• Learn how to use those performance results for continuous improvement

Participants will increase their competencies through a variety of instructional methods including lecture by an experienced practitioner and consultant, individual and team exercises, and group discussions covering the many topics presented in the course.

Your organisation will benefit by:

• Your suppliers will be able to deliver on time
• Higher customer satisfaction
• Reduced friction cost
• Less inventory
• Reduced total cost

• Increased job satisfaction
• Reduced stress levels
• Improved customer relations
• Less time spent in meetings and more productive hours on the job

• Contracts, Procurement and Project personnel
• Engineering, Operational, Quality and Maintenance personnel
• And all others who are involved in interfacing with contractors or suppliers in the acquisition of materials, equipment, parts and services or anyone who wants to improve supplier performance and gain successful outcomes from contracting situations

DAY 1

Vendor Qualification: Compiling an Approved Supplier List

• Determining the goals and objectives of Procurement
• Formulating a proper Procurement strategy
• Involving the end-user in determining the required technologies
• Developing an approved supplier list based on the required technologies
• Compiling supplier selection criteria
• Forming commodity teams to evaluate and provide supply solutions

DAY 2

Supplier Assessment

• Supplier initial questionnaire
• Detailed supplier investigation
• Quality management systems
• Performing a supplier assessment
• Process capability studies
• Certification of suppliers
• ISO Certification
• Setting acceptance criteria
• Engaging the supplier during the tender process

DAY 3

Supplier Performance - What to Measure?

• Carrot or stick?
• Setting of objective that are aligned with the goals of the company
• Characteristics of a good performance measurement system
• Developing a supplier performance system
• Sources of data
• Common mistakes in data recording
• Implementing the system

DAY 4

Supplier Performance – Interpreting the Results

• Rating the individual supplier
• Ranking your suppliers
• Disseminating the results: what to do and what not to do
• Rewarding good behaviour
• Supplier recognition
• Punishing bad behaviour
• Corrective Action Procedures

DAY 5

Remedies for Breach of Contract

• What constitutes a breach?
• The different types of breaches
• The different remedies available
• Determining the quantum of damages
• Liquidated damages
• Equitable damages
• Court injunction

Determining the Final Outcome

• Project close-out report
  • Time
  • Performance/Quality
  • Cost
• Lessons learnt

GLOMACS is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.

 

All Training Seminars delivered by GLOMACS by default are eligible for CPE Credit.

GLOMACS is proud to be an approved Registered Education Provider (R.E.P.) with PMI^®. As an R.E.P. GLOMACS is qualified to issue applicable Professional Development Units (PDUs) to participants of any of its PMI^® registered/approved seminars where one (1) PDU is equivalent to one (1) contact hour of training.

(REP logo, PMI & PMP are registered trademarks of Project Management Institute, Inc.)

In Association With

Oxford Management Centre

A GLOMACS - Oxford Management Centre collaboration aimed at providing the best training services and benefits to our valued clients

© 2017. Material published by GLOMACS shown here is copyrighted.
All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.

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Tel : +971 - 04 - 425 0700, Fax : +971 (04) 425 0701, Email : info@glomacs.ae