Procurement and Contracts Management
Procurement and Contracts Management
$5200.00
Course objectives:
Understanding the procurement and contract management process: Enhancing participants' foundational knowledge of all aspects of procurement and contracts from the planning stage to contracting and execution.
Analysis of effective procurement strategies: Providing participants with tools and techniques to develop effective strategies for improving procurement management.
Supplier relationship management: Learn how to build long-term relationships with suppliers and effectively adhere to commercial contracts.
Understanding the legal and financial systems of procurement: Understanding the legal and financial aspects of contracts and procurement and applying them in the workplace.
Effective negotiation techniques: Teaching participants advanced negotiation skills that help in securing the best deals.
Risk management: Understanding how to analyze and manage the risks associated with procurement and contracting processes.
Evaluation and Review Techniques: Learn how to evaluate contracts and suppliers and continuously review performance.
Target audience for the course:
Procurement managers: Those working in the field of procurement management, whether in the private or public sector.
Contract analysts: Specialists in analyzing contracts and handling terms and agreements.
Procurement teams: Individuals who work within procurement teams and contribute to selection and negotiation processes.
Lawyers: Attorneys who deal with commercial contracts and handle cases related to purchases.
Procurement officers: Any individual involved in the process of purchasing materials and services from suppliers or contracting companies.
Learning method:
Theoretical lectures: Explanation of the basic principles of procurement and contract management through interactive lectures.
Case Studies: Analyzing a set of real-life case studies to better understand the challenges trainees may face in applying procurement and contract management.
Practical workshops: Offering hands-on workshops to enable trainees to experience the acquired skills such as negotiation or contract drafting.
Group discussions: Encouraging participants to exchange ideas and experiences through group discussion sessions on cases and topics related to procurement and contracts.
Interactive exercises: Conducting interactive exercises to encourage participants to use advanced procurement strategies and contract analysis.
Evaluation and feedback: Providing immediate feedback from trainers to develop trainees' skills in the practical application of concepts.
Course schedule:
Day 1: Introduction to Procurement Management
Definition of procurement and contracts and their importance
The different stages of procurement management
Strategies for identifying needs and procurement planning
The difference between public and private procurement
Day 2: Negotiations and Supplier Relations
Effective negotiation skills
Building strategic relationships with suppliers
Analyzing offers and selecting suitable suppliers
Day 3: Contracts and Their Management
Types of contracts and the basic terms in contracts
The legal foundations for contract formation
Managing contract changes and the associated risks
Day 4: Performance Evaluation and Risk Management
Methods for evaluating performance and measuring success in procurement
Risk analysis and management in contracts and procurement
Dispute resolution and problem-solving mechanisms
Day 5: Review and Continuous Improvement Techniques
Contract and procurement review techniques
Continuous improvement tools in procurement management
Reviewing the overall performance of the trainees and closing the course.
In this way, the course provides the optimal blend of theoretical knowledge and practical application, helping trainees to improve their skills in procurement and contract management.
