Euro-training Center
 Procurement of Goods Works and Service 19 May Kuala Lumpur Malaysia QR Code
Inquiry PDF (39) Like Share   Print

Procurement and Supply Chain Management

Procurement of Goods Works and Service


REF : L2336 DATES: 19 - 23 May 2025 VENUE: Kuala Lumpur (Malaysia) FEE : 5850 

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: 

  • Understand the fundamentals of procurement and its importance in achieving organizational goals.

  • Identify different procurement methods and select the appropriate approach for various needs.

  • Comprehend the legal and ethical considerations in procurement processes.

  • Implement effective supplier management strategies for successful procurement outcomes.

  • Navigate potential challenges and risks in procurement and apply mitigation strategies.

Targeted Audience: 

  • Procurement professionals at all levels

  • Project managers and team members involved in procurement activities

  • Supply chain managers and administrators

  • Contract managers and administrators

  • Anyone interested in gaining a comprehensive understanding of procurement processes

Program Outlines:

Unit 1:

Fundamentals of Procurement:

  • Introduction to procurement: Definitions and key concepts.

  • Procurement's role in organizational success.

  • Types of procurement: Goods, works, and services.

  • Procurement life cycle: Steps from identification to contract management.

  • Importance of alignment between procurement and organizational goals.

Unit 2: 

Procurement Methods and Approaches:

  • Competitive bidding vs. direct negotiations.

  • Request for Quotation (RFQ), Request for Proposal (RFP), and Request for Tender (RFT).

  • Two-stage bidding process: Prequalification and final selection.

  • Framework agreements: Benefits and applications.

  • Best value vs. lowest cost considerations.

Unit 3:

Legal and Ethical Aspects of Procurement:

  • Procurement regulations and legal frameworks.

  • Anti-corruption measures and compliance.

  • Intellectual property rights and data protection.

  • Contractual agreements and terms.

  • Handling conflicts of interest and ensuring transparency.

Unit 4: 

Supplier Selection and Management:

  • Supplier qualification and evaluation.

  • Criteria for supplier selection: Technical, financial, and operational.

  • Developing effective supplier relationships.

  • Key performance indicators (KPIs) in supplier management.

  • Supplier development and continuous improvement.

Unit 5:

Managing Procurement Risks:

  • Identifying procurement risks and challenges.

  • Risk assessment and prioritization.

  • Risk mitigation strategies and contingency planning.

  • Supply chain disruptions and their impact.

  • Technology solutions for risk management in procurement.