Contracts and Purchasing for Contracts Managers

Why Attend

The Contracts and Purchasing training program is designed to provide Contracts Managers with a comprehensive understanding of the entire procurement cycle. In today's dynamic business environment, effective contract management and purchasing strategies are essential for organizational success. This program will equip Contracts Managers with the knowledge and skills required to manage contracts, negotiate effectively, and optimize procurement processes.

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 fundamentals of contract management and purchasing.; Create, review, and manage contracts effectively.; Implement best practices for supplier selection and evaluation.; Negotiate contracts to achieve favorable terms and conditions.; Optimize procurement processes to reduce costs and enhance efficiency.

Target Audience

This training program is specifically tailored for Contracts Managers, Procurement Managers, and professionals responsible for contract management and purchasing within their organizations. It is suitable for both newcomers to the field and experienced practitioners looking to enhance their skills. Understand the fundamentals of contract management and purchasing.; Create, review, and manage contracts effectively.; Implement best practices for supplier selection and evaluation.; Negotiate contracts to achieve favorable terms and conditions.; Optimize procurement processes to reduce costs and enhance efficiency.

Target Competencies

n/a

Day 1:

Introduction of Contract Management and Purchasing

Introduction to contract management and purchasing.
Key principles of contract law.
The role of Contracts Managers in the organization.
Legal and ethical considerations in procurement.

Day 2:

Contract Development and Management

Contract lifecycle management.
Creating, reviewing, and amending contracts.
Risk assessment and mitigation in contracts.
Contract administration and compliance.

Day 3:

Supplier Selection and Evaluation

Methods for supplier identification and evaluation.
Supplier qualification and performance metrics.
Vendor assessment and rating.
Developing supplier relationships.

Day 4:

Contract Negotiation and Optimization

Negotiation strategies and tactics.
Contract negotiation process.
Terms and conditions negotiation.
Cost optimization and value creation.

Day 5:

Procurement Process Optimization

Procurement strategies and methodologies.
Cost reduction and efficiency enhancement.
Inventory management and supply chain optimization.
Technology tools and systems in procurement.

$2875

Lusaka

Country: Zambia

Duration: One week

Date: 29 Sep–03 Oct 2025

$1875

Kampala

Contracts and Purchasing for Contracts Managers

Overview

Course Outline

Schedule & Fees

Course Methodology

Course Objectives

Target Audience

Target Competencies

$2875

Country: Zambia

Duration: One week

Date: 29 Sep–03 Oct 2025

$1875

Country: Uganda

Duration: One week

Date: 01–05 Jun 2026