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Procurement and Supply Chain Management
Procurement of Goods Works and Service
Overview:
Introduction:
This training program is designed to equip participants with a deep understanding of procurement processes and best practices. It will provide valuable insights to navigate the complexities of procuring goods, works, and services efficiently and effectively.
Program Objectives:
At the end of this program, participants will be able to:
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Understand the fundamentals of procurement and its importance in achieving organizational goals.
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Identify different procurement methods and select the appropriate approach for various needs.
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Comprehend the legal and ethical considerations in procurement processes.
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Implement effective supplier management strategies for successful procurement outcomes.
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Navigate potential challenges and risks in procurement and apply mitigation strategies.
Targeted Audience:
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Procurement professionals at all levels
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Project managers and team members involved in procurement activities
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Supply chain managers and administrators
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Contract managers and administrators
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Anyone interested in gaining a comprehensive understanding of procurement processes
Program Outlines:
Unit 1:
Fundamentals of Procurement:
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Introduction to procurement: Definitions and key concepts.
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Procurement's role in organizational success.
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Types of procurement: Goods, works, and services.
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Procurement life cycle: Steps from identification to contract management.
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Importance of alignment between procurement and organizational goals.
Unit 2:
Procurement Methods and Approaches:
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Competitive bidding vs. direct negotiations.
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Request for Quotation (RFQ), Request for Proposal (RFP), and Request for Tender (RFT).
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Two-stage bidding process: Prequalification and final selection.
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Framework agreements: Benefits and applications.
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Best value vs. lowest cost considerations.
Unit 3:
Legal and Ethical Aspects of Procurement:
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Procurement regulations and legal frameworks.
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Anti-corruption measures and compliance.
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Intellectual property rights and data protection.
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Contractual agreements and terms.
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Handling conflicts of interest and ensuring transparency.
Unit 4:
Supplier Selection and Management:
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Supplier qualification and evaluation.
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Criteria for supplier selection: Technical, financial, and operational.
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Developing effective supplier relationships.
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Key performance indicators (KPIs) in supplier management.
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Supplier development and continuous improvement.
Unit 5:
Managing Procurement Risks:
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Identifying procurement risks and challenges.
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Risk assessment and prioritization.
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Risk mitigation strategies and contingency planning.
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Supply chain disruptions and their impact.
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Technology solutions for risk management in procurement.