Training Objectives

By the end of the course, participants will be able to:

• Describe the meaning of procurement and supply management and its role in the broader organisational context.
• Identify key functions of procurement such as supplier selection, inventory management, and pricing.
• Evaluate quality assurance and supplier performance to ensure procurement meets organisational standards.
• Understand government procurement processes and regulatory requirements.
• Negotiate procurement deals effectively and manage supplier relationships.
• Implement strategies for inventory management and effective expediting of orders.

Training Outline

Part 1

• The Conceptual Framework and Objectives of Procurement and Supply Function
• Procurement Cycle and the Internal Organizational Relationship
• Purchasing Organization and Concept of Centralization and Decentralization of Purchasing Authority
• Quality Assurance Activities
• Supplier’s Selection Activities

Part 2

• The Purchasing Function
• Purchasing Guidelines, Terms and Terminologies
• General principles of entering into contracts
• Supplier’s Selection Activities
• Pricing Procedures in Procurement and Supply Function

Part 3

• Modes of Purchase, Receipt and Opening of Tenders
• Managing Procurement Activities
• Purchasing Practice and Methods (I)
• Purchasing Practice and Methods – (II)
• Management of Inventory
• ABC Analysis: The 80-20 Concept

Part 4

• Negotiated Procurements
• Expediting or Follow-Up of Order
• Buying Internationally
• Managing Purchasing Activities
• Delivery Period, Terms of Delivery, Transportation, Transit Insurance, Delay in Supply

Who should attend

The programme is suitable for:

• Procurement professionals
• Supply Chain Managers
• Contract Administrators
• Operations Managers
• Business Owners,
• Finance Managers
• Project Managers
• Professionals transitioning into procurement or contract management roles

Training Style

This course employs a blended learning approach, combining theoretical knowledge, practical applications, and interactive learning methods to ensure a comprehensive understanding of strategic procurement and supply management principles.

The training style is designed to cater to different learning preferences and ensure that participants not only grasp key concepts but also develop the skills to apply them effectively in real-world situations.

CPD Recognition

This programme may be approved for up to 35 CPD units in Personal and Professional Development. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.

In-house Training

For groups within the same organisation, this course may be customized to meet any specific needs and delivered in-house.