Procurement Best Practices

Code

458

Start Date

2025-09-14

End Date

2025-09-18

City

Toronto

Price

5950 $

Language

Participants

1-15

Hotel

Hotel Meeting Room

Provide us with your details and the team will contact you

Send to a friend

Please fill in all the fields below and a link will be sent to your e-mail when you click it. You will be redirected to the download page

Full Name

Mobile Number

E-mail

Please fill in all the fields below and a link will be sent to your email when it is clicked

Full Name

Mobile Number

E-mail

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 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 program will:

Understand the evolution in Procurement
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 program 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 organisationÃ¢â‚¬â„¢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

To view the training curriculum, please click here
To view the registration, payment, and cancellation policy, please click here
To view the terms and conditions for the training program locations, please click here.

European Quality for Training and Consultancy is certified

ISO 9001-2015

Other Dates for the Courses

Procurement and Supply Chain Management Training Courses

Courses Category

Most Read

The Proposed Courses

Procurement Best Practices

Introduction

Objectives

Training Methodology

Organisational Impact

Personal Impact

Who Should Attend?

SEMINAR OUTLINE

DAY 2

DAY 3

DAY 4

DAY 5

Other Dates for the Courses

Categories

Other links

Search in site

Mailing List

Payment Methods

Cities

Contact us