Get in Touch: P.O. Box 34970 Dubai, United Arab Emirates Tel. No.: +971 4 2941288 Fax: +971 4 2941228 Email: ts@teampower.ae www.tpidubai.com | www.strategictalk.com
In-House Training
Excellence in Training
FP02E
Purchasing & Contract Management Gain great benefits by putting your purchasing and contract management processes, systems and practices in place
Overview More and more business is being conducted by external resources under contracts that are managed for the company by line staff drawn from many functions. This creates opportunities for great benefits to be gained but is also full of potential pitfalls, which can lead not only to loss of expected benefits but to serious unnecessary expense in the worst cases. Purchasing and contract management provides significant opportunities to save money, drive efficiency, increase profitability and drive mutually beneficial relationships with suppliers and contractors. This program gives participants the ability to get the best contract into place during the "upstream" phase leading up to contract award, ensuring that expected benefits are realized and expenditure is not wasted.
Who Should Attend? The program is suitable for experienced staff in purchasing & supply management roles as a refresher course; less experienced or new staff in purchasing & supply management roles; other staff who would benefit from understanding of the Purchasing Process.
Primary Objectives & Benefits This workshop will help participants to learn: 1. Understand & apply procurement best practice for purchasing goods/services. 2. Understand generic contracting & procurement ‘Total Cost of Ownership’ Model. 3. Learn and apply approaches and techniques for vendor base management. 4. Set up and execute contracts and to manage ongoing contractual relationships. 5. Apply tools and techniques using a ‘totally lifecycle’ methodology. 6. Apply framework based on 7 critical success factors for contract management. 7. Recognize true commercial interface and maximize opportunities. 8. Apply an approach to purchasing in the context of the company’s business objectives, ethics and stakeholder mapping. 9. Reduce longer term operations costs and improve ontime delivery of ordered goods/services.
10. Safeguard the organizations reputation and build strong relationships with suppliers, vendors and contractors.
Excellence in Training
FP02E
Get in Touch: P.O. Box 34970 Dubai, United Arab Emirates Tel. No.: +971 4 2941288 Fax: +971 4 2941228 Email: ts@teampower.ae www.tpidubai.com | www.strategictalk.com
Purchasing & Contract Management Gain great benefits by putting your purchasing and contract management processes, systems and practices in place
Module 1 - Definitions Of Purchasing And Module 2 - Specifications And Stakeholder Procurement Engagement Purchasing and procurement in context
What is ‘best practice’ and why it matters The differences between goods and services
Module 3 - Supplier Selection
Module 4 - Contracts, Contract Terms And Conditions
Preparation of potential supplier lists Understanding UK / EU procurement rules RFI’s, RFQ’s, RFP’s, ITT’s, framework agreements and e-auctions Development criteria for supplier selection
Module 5 - Supplier Management And Review
Measuring supplier performance Executing supplier performance reviews Applying continuous improvement approach Identifying risks and their impact/probability Managing and mitigating risk
Module 7 - Supply Chain Management
Good specification for goods and services Essentials versus ‘nice-to-have’s” Defining quality and performance standards Stakeholder identification, mapping and engagement
Supply chain mapping and evaluation The objectives and ‘value-add’ The role of information and communication The role of partnering Establishing criteria for a supply chain improvement project
Typical contract examples and inclusions What is covered in ‘terms and conditions’ Force majeure vs implied terms, conditions Setting and agreeing robust terms and conditions and ensuring the prevail
Module 6 - Strategic Procurement Transactional vs strategic procurement The contribution of strategic procurement Applying project management principles to deliver strategic procurement projects
Module 8 - Sustainable Purchasing And Supply Chain Management
Generic and specific sustainability definitions Opportunities for improvement Economic vs ethical sustainability Applying ISO 26000 Sustainable sourcing practice - the ethical trading initiative (ETI)
Program Highlight Duration: 5 days Date: To be Agreed with the Client Organization Timing: 8:30 am to 2:30 pm daily Venue: Suitable & fully equipped venue (to be provided by Customer) Notice required: 10 working days
Language: English or Arabic Material: Participants will be provided with high quality handouts Certificates: Certificates of Achievement shall be provided to participants upon successful completion of the training program Fees: Inclusive of facilitator’s fees, materials and certificates