The Procurement Act: Provision, Implementation And Challenges

Participants attending this 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

CONTENT:

• 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

• Make / Buy Decision
• Alliances and Partnerships
• Inter-company Trade
• Reciprocity and Counter Trade
• Supplier Strategy
• The Coordination Strategy
• The Purchasing Organization

• 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

• 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

• The Different Contingency Situations
• Contingency Management

• Spend Analysis
• Total Cost of Ownership
• Supplier Performance Measurement

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.