Procurement and Managing Suppliers
Who should attend?
Purchasing executives, senior managers, and professional staff from supply chain management, logistics and inventory planning and control
General managers wanting to understand the procurement function
Project managers involved in plant and equipment development projects
Technical personnel involved in performance specification of plant and equipment
Engineering planners working with complex maintenance material requirements
Quality managers seeking to understand how suppliers are selected
Learning objectives
To set up and manage a procurement activity
To select suppliers using appropriate evaluation methods and criteria
To measure supplier performance
To identify ways to increase procurement effectiveness and efficiency
To work with user departments to improve procurement within the organisation
To manage supply-side risk using contractual methods
Course content
Role of the Procurement Function
Key responsibilities
Supporting operational requirements
Managing supplier relationships
Supporting strategic goals
Detecting and preventing fraud
Managing the Purchasing Process
Making the case to purchase
Deciding the procurement strategy
Advertising the contract
Generating interest
Running the competitive cycle
From ITT to contract award and...