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Course Category
→ Accounting and Finance
→ Administration and Secretarial
→ Auditing and Governance, Risk and Compliance
→ Banking, Insurance and Financial Services
→ Business Continuity and Crisis Management
→ Communication and Writing Skills
→ Construction Management
→ Contracts Management
→ Customer Service
→ Data Management and Business Intelligence
→ Digital Innovation and Transformation
→ Energy and Water Management
→ Financial Technology (FinTech)
→ Health, Safety and Environment
→ Human Resources and Training
→ Interpersonal Skills and Self Development
→ IT Management
→ Leadership and Management
→ Legal
→ Maintenance and Engineering
→ Marketing and Sales
→ Monetary Economics
→ Monitoring and Evaluation
→ Oil and Gas
→ Planning and Strategy Management
→ Port and Shipping Management
→ Procurement and Supply Chain Management
→ Project Management
→ Public Relations
→ Quality and Productivity
→ Security Management
→ Tourism Management
→ Transport and Logistics
More Links
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Procurement Best Practices

Why Attend

The Procurement function has developed from a simple administrative function to a fully-fledged strategic business unit. No longer is it sufficient to simply turn requisitions into orders and then await the delivery of the goods or services. It was therefore imperative for Procurement to constantly deliver value to the organization by delivering products and services that contribute to the well-being of the organization.

Overview

Course Outline

Schedule & Fees

Course Methodology

Instructor-led training that uses interactive learning methods, including class discussion, small group activities, and role-playing

Course Objectives

Understand the evolution of Procurement; Understand the evolution of 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

Target Audience

Target Competencies

n/a

DAY 1

 

Seeing Procurement as a Dynamic, Interactive System

  • 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

DAY 2

 

Developing Strategic Procurement Decisions

  • Make/buy decision
  • Vertical integration
  • Alliances and partnerships
  • Inter-company trade
  • Reciprocity and countertrade
  • Supplier strategy
  • The coordination strategy
  • The Purchasing organization

DAY 3

 

Implementing the Tactical Procurement Decisions

  • 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

DAY 4

 

Dealing with Operational Procurement Decisions

  • Selecting the most appropriate ordering process
  • Addressing quality issues
  • Follow up
  • Overdue orders
  • Expediting
  • The payment process
  • Reducing the cost of the procurement: small value purchase orders

DAY 5

 

Contingency Procurement Decisions

  • The different contingency situations
  • Contingency management

Procurement Performance Measurement

  • Spend analysis
  • The total cost of ownership
  • Supplier performance measurement

$3875

Singapore

Country: Singapore

Duration: One week

Date: 03–07 Nov 2025

Register

$1875

Kampala

Country: Uganda

Duration: One week

Date: 06–10 Apr 2026

Register