Modern Purchasing and Contract Management
Modern Purchasing and Contract Management
Course Dates
*Prices do not include value added tax
At the end of this course, the participants should be able to:
- Understand the concept and importance of the procurement and contracting function
- Determine the relationship between procurement department and other departments in the organization
- Identify and recognize the qualifications, qualities and ethics that must be met by procurement workers
- Understand the concept and importance of procurement planning
- Using specific methods to determine the appropriate quantity to buy
- Identify suitable procurement sources and the ability to choose the right supplier
- Understand modern techniques used in the field of procurement management
- Identify stages of the negotiation process
- Understand the concept, advantages and procedures of online purchasing
Basics of Purchasing:
- Purchasing concept, objectives and importance
- The internal organizations of purchasing
- The relationship of purchasing with other dept.
The purchasing Staff:
- Qualifications, characteristics and ethics to be met by purchasing staff.
Purchasing Procedures:
- Planning of purchase
- The purchase plan requirements
- Determine the need to purchase and ordering of materials
- Methods of quality determination.
- Quantity determination
- Vendors’ identification and evaluation by using the quantitative methods.
- Getting the right prices
- Purchasing follow-up
- Keeping and retrieving Purchasing documents
Contracting:
- The concept of management of procurement contracts
- Managerial and legal aspects of contracting
- Concept and conditions of contract
- The legal status of the purchase order
- Points that must be clearly defined in the procurement contracts
Foreign Purchases:
- Cost of imported purchases
- Methods of payment of external purchases.
- Documentary credits concept and procedures
Negotiation:
- Negotiation concept, importance and elements
- Strategies. tactics, stages and skills of negotiation
New Technologies and Their Use in Procurement:
- The most modern technology used in the field of procurement.
- The internet purchasing procedures
- Contracts & Supplier Relationship Management
- Purchasing Code of Ethics
- Effective communication
- Leadership
- Analytical thinking
- Negotiation and Persuasion
- Planning, Organizing, coordinating and Controlling
This training course will be carried out through the use of best practices and the right combination of engaging and purposeful tools such as:
- Practical, relevant case studies
- Group activities and workshops
- Related role plays
- Experiential learning
- Brain storming
- Stimulating mental activities
- Engaging team competitions
- Suitable training Videos
- Presentations
- Self-assessments
- Learning with Simulations and Games
Members of Procurement Committees, as well as employees working in warehouses, finance, and inventory control and supply chain management.