Code Date Venue Fees
MM017 08 - 12 Oct 2017 Dubai - UAE $4,500 Register
MM017 10 - 14 Dec 2017 Abu Dhabi - UAE $4,500 Register
MM017 18 - 22 Feb 2018 Dubai - UAE $4,750 Register
MM017 24 - 28 Jun 2018 Dubai - UAE $4,750 Register
MM017 14 - 18 Oct 2018 Dubai - UAE $4,750 Register
MM017 09 - 13 Dec 2018 Abu Dhabi - UAE $4,750 Register
Home » Seminars » Purchasing, Logistics & Supply Chain Management » Procurement Best Practices

Introduction

The Procurement function has developed from a simple administrative function to a fully fledged strategic business unit. No longer is it sufficient to simply turn requisitions into orders and then await the delivery of the goods or services. It therefore imperative for Procurement to constantly deliver value to the organisation by delivering products and services that contributes to the well-being of the organisation.

In order to do this, Best Practices have to be implemented on four levels:

  • Strategic
  • Tactical
  • Operational
  • Contingency

This training seminar will address the necessary conditions at all four levels for those delegates who want to implement high-performing Procurement functions.

Objectives

Participants attending the training seminar will:

  • Understand the evolution in Procurement
  • Discuss the inputs, outputs and processes of the system
  • Develop meaningful performance measurements
  • Learn the necessary conditions to be taken on all four levels

Training Methodology

Participants will increase competencies through a variety of instructional methods including lecture by an experienced practitioner and consultant, exercises, review published articles, and group discussions covering current practices and their relationship to the implementation of new concepts.

Organisational Impact

The organisation will benefit by:

  • The ability to deliver real value in a shorter time
  • Reduce the number of non-value adding activities
  • Improved relations between personnel, customers and suppliers
  • Reduction in total cost of ownership
  • Improved supplier performance

Personal Impact

Attendees will gain by participation in this training seminar as a result of:

  • Increased skill sets in all phases of strategic procurement
  • Greater ability to lead, plan, and manage the procurement process
  • A greater sense of professionalism and being able to contribute to the organisation's strategic objectives
  • Increased Knowledge about Key Performance Indicators
  • Increased recognition by the organization due to improved performance

Who Should Attend?

  • Contracts, Purchasing, and Procurement personnel
  • Project, Engineering, Operational, and Maintenance, personnel who are involved in the planning, and execution of purchases and contracts
  • All involved in the acquisition of materials, equipment, and services and who are in organizations whose leadership want high levels of competency in those involved in these activities

Seminar Outline

DAY 1

Seeing Procurement as a Dynamic, Interactive System

  • The System Approach vs. the traditional Functional Approach
  • What is the goal of Procurement?
  • Developing the Strategic Procurement Plan
  • An overview of the procurement process
  • Procurement as part of the Supply Chain

DAY 2

Developing the Strategic Procurement Decisions

  • Make/buy decision
  • Vertical integration
  • Alliances and partnerships
  • Inter-company trade
  • Reciprocity and counter trade
  • Supplier strategy
  • The coordination strategy
  • The Purchasing organisation

DAY 3

Implementing the Tactical Procurement Decisions

  • Supplier involvement
  • Value analysis
  • Quality Assurance
  • Supplier selection
  • Supplier rating and ranking
  • Contract management
  • IT systems and e-Procurement
  • Policies and procedures
  • Staffing the Procurement Department

DAY 4

Dealing with Operational Procurement Decisions

  • Selecting the most appropriate ordering process
  • Addressing quality issues
  • Follow up
  • Overdue orders
  • Expediting
  • The payment process
  • Reducing the cost of procurement: small value purchase orders

DAY 5

Contingency Procurement Decisions

  • The different contingency situations
  • Contingency management

Procurement Performance Measurement

  • Spend analysis
  • Total cost of ownership
  • Supplier performance measurement

Accreditation

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Procurement Best Practices


Upcoming Dates

Code Date Venue Fees
MM017 08 - 12 Oct 2017 Dubai - UAE $4,500
MM017 10 - 14 Dec 2017 Abu Dhabi - UAE $4,500
MM017 18 - 22 Feb 2018 Dubai - UAE $4,750
MM017 24 - 28 Jun 2018 Dubai - UAE $4,750
MM017 14 - 18 Oct 2018 Dubai - UAE $4,750
MM017 09 - 13 Dec 2018 Abu Dhabi - UAE $4,750

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.

Introduction

The Procurement function has developed from a simple administrative function to a fully fledged strategic business unit. No longer is it sufficient to simply turn requisitions into orders and then await the delivery of the goods or services. It therefore imperative for Procurement to constantly deliver value to the organisation by delivering products and services that contributes to the well-being of the organisation.

In order to do this, Best Practices have to be implemented on four levels:

  • Strategic
  • Tactical
  • Operational
  • Contingency

This training seminar will address the necessary conditions at all four levels for those delegates who want to implement high-performing Procurement functions.

Objectives

Participants attending the training seminar will:

  • Understand the evolution in Procurement
  • Discuss the inputs, outputs and processes of the system
  • Develop meaningful performance measurements
  • Learn the necessary conditions to be taken on all four levels

Training Methodology

Participants will increase competencies through a variety of instructional methods including lecture by an experienced practitioner and consultant, exercises, review published articles, and group discussions covering current practices and their relationship to the implementation of new concepts.

Organisational Impact

The organisation will benefit by:

  • The ability to deliver real value in a shorter time
  • Reduce the number of non-value adding activities
  • Improved relations between personnel, customers and suppliers
  • Reduction in total cost of ownership
  • Improved supplier performance

Personal Impact

Attendees will gain by participation in this training seminar as a result of:

  • Increased skill sets in all phases of strategic procurement
  • Greater ability to lead, plan, and manage the procurement process
  • A greater sense of professionalism and being able to contribute to the organisation's strategic objectives
  • Increased Knowledge about Key Performance Indicators
  • Increased recognition by the organization due to improved performance

Who Should Attend?

  • Contracts, Purchasing, and Procurement personnel
  • Project, Engineering, Operational, and Maintenance, personnel who are involved in the planning, and execution of purchases and contracts
  • All involved in the acquisition of materials, equipment, and services and who are in organizations whose leadership want high levels of competency in those involved in these activities

SEMINAR OUTLINE

DAY 1

Seeing Procurement as a Dynamic, Interactive System

  • The System Approach vs. the traditional Functional Approach
  • What is the goal of Procurement?
  • Developing the Strategic Procurement Plan
  • An overview of the procurement process
  • Procurement as part of the Supply Chain

DAY 2

Developing the Strategic Procurement Decisions

  • Make/buy decision
  • Vertical integration
  • Alliances and partnerships
  • Inter-company trade
  • Reciprocity and counter trade
  • Supplier strategy
  • The coordination strategy
  • The Purchasing organisation

DAY 3

Implementing the Tactical Procurement Decisions

  • Supplier involvement
  • Value analysis
  • Quality Assurance
  • Supplier selection
  • Supplier rating and ranking
  • Contract management
  • IT systems and e-Procurement
  • Policies and procedures
  • Staffing the Procurement Department

DAY 4

Dealing with Operational Procurement Decisions

  • Selecting the most appropriate ordering process
  • Addressing quality issues
  • Follow up
  • Overdue orders
  • Expediting
  • The payment process
  • Reducing the cost of procurement: small value purchase orders

DAY 5

Contingency Procurement Decisions

  • The different contingency situations
  • Contingency management

Procurement Performance Measurement

  • Spend analysis
  • Total cost of ownership
  • Supplier performance measurement

Quality Logo

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.

Quality Logo

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.



© 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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