course | Advanced Procurement Management
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PSCO-557 | Advanced Procurement Management
Course Sector : Procurement & Supply Chain Operations
| Duration | Date from | Date to | Course Venue | Course fees | Book a course |
|---|---|---|---|---|---|
| 5 Days | 2025-05-18 | 2025-05-22 | Los Angeles | $5,950 | Book now |
| 5 Days | 2025-05-25 | 2025-05-29 | Marakesh | $4,250 | Book now |
| 5 Days | 2025-07-28 | 2025-08-01 | Barcelona | $4,950 | Book now |
| 5 Days | 2025-12-14 | 2025-12-18 | Al Khobar | $4,250 | Book now |
Course Introduction
It is undeniably essential for the procurement department of any organization to constantly deliver value to the organization by delivering products and services that contributes to the well-being of the organization. This training course is designed with an aim to advance the knowledge and skills of procurement professionals in any organization. This course focuses on the importance of strategic procurement strategies and systems within departments, and how to use these concepts and ideas in to ensure procurement efficiency and effectiveness, and thereby reduce costs throughout the supply chain.
Course objective
- Gain a comprehensive understanding of the skills significant to effectively manage
procurement. - procurement.
- Conduct Procurement Management Audits
- Enhance knowledge and skills required for effective supplier relationships
- Identify critical supply strategies and maintain successful negotiations
- Apply the concepts of activity-based costing.
- Manage and lead the procurement department
- Create rapport, build trust and establish credibility in a work group
- Obtain greater results by utilizing advanced negotiation techniques
- Manage procurement awards and contracts.
- Explore the use of IT in procurement and develop an E-procurement system
Course Outline | Day 01
Purchasing and the Organisation
- Purchasing and its contribution to the organisation
- The Supply Chain
- The influence of the External Environment
- Purchasing Organisations
- The Procurement Cycle
- Critical Supply Strategies
- Effective procurement management
- Elements effective procurement management
- The procurement professional
- Procurement processes and cycle – advanced concepts
Course Outline | Day 02
Procurement Management Audit
- The 5 W&H of Procurement Management Audit
- Management audit planning & preparation
- Management audit methodology & tools
- Identifying, collecting and verifying the required data
- Analyzing the data
- Preparing the Procurement Management Audit Report
- Case study & Final Examination
- Supplier Management
- Transforming the Supplier Relationship
- Supplier Evaluation Criteria
- Appropriate Supplier Methodologies
- Total Cost Approach
- How to be a Good Customer
- Shrinking the Supplier Base
Course Outline | Day 03
Communication and Change
- Communication techniques of verbal, non-verbal and written
- Methods of communication lead to more productive work and minimize stress
- Communication and interaction openness develops trust
- Identification of interpersonal interaction methods
- Recognizing response to and perceptions of change
- Analysing and preparing for the human reaction to change.
- Formulating Procurement Vision & Mission
- Setting Procurement Strategic Objectives
- Conducting procurement Related Strategic Situation Analyses
- Crafting Procurement Strategic Plan & Programs
Course Outline | Day 04
Project Procurement, Tendering and Contract Management
- The Tender Process
- The Tender Team
- Project Procurement Plans
- Invitation to Tenders
- Evaluating Tenders
- Awarding Tenders
- Contract Management
- Negotiation Techniques
- Avoiding Confrontational Negotiating
- Developing Active Listening Skills
- Negotiating with an Angry Person
- Power Closes that are used on the Buyer
- Understanding the other Negotiator’s Power
- Negotiation Tactics and Countermeasures
Course Outline | Day 05
Managing Procurement Talent
- Attract and Retain Supply Management Talent
- Supplier Measurement
- Vendor Rating
- Action Planning
Managing e-Procurement
- What is e-Procurement
- Developing Your e-Procurement system
- Pre-requirements for developing an e-Procurement system
- e-Procurement business models
- Components of an e-Procurement system
- e-Procurement processes
- e-Procurement hardware and software
- e-Procurement user administration & security
BOOST’s Professional Attendance Certificate “BPAC”
BPAC is always given to the delegates after completing the training course,and depends on their attendance of the program at a rate of no less than 80%,besides their active participation and engagement during the program sessions.
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