Procurement, Contract Management & Effective Negotiation

London Corporate Training Ltd.
London, United Kingdom

Course Format: Classroom | E-learning | Virtual Class | Online | On-site | Blended | Self-paced

Course Description:

'' Who Should Attend:
Purchasing managers and senior personnel from related functions, involved in the formulation, negotiation and management of all types of contracts for capital equipment, products or services in both public and private sector organisations.
Other professionals or key personnel who are involved in the planning, creation, issue, receipt and evaluation of tenders.
Executives, managers and senior engineers, from sourcing, procurement and other logistical functions.
Objectives & Benefits of the Course:
Improved commercial performance through integration of all activities within the logistical function, resulting in improved cost-effectiveness in sourcing, materials management and general operating costs of the organization
More effective monitoring and evaluation of existing and potential contractors, to ensure that supplies and services are delivered at the right time in accordance to contracted agreements.
Greater awareness of methods of preventing and eliminating unethical practices by unscrupulous contractors and better ability to control contract conditions, to the benefit of their own organizations.
Participants will be able to challenge the effectiveness of their organizations, current purchasing and procurement systems and compare their performances with other bench-mark in industry, commerce and public service
Effective use of inventory management and stores systems including integrated, documentation, enabling the fluent flow of supplies and services, with proper attention to disposal of obsolete items.
The role of Contract Management as a fully integrated process within corporate, commercial, financial and technical strategy and practice.
The course will cover:
Principles of sourcing & supply
Pricing considerations & strategy
Supplier relationships
Just-in-time supplier contracts
Developments in sourcing processes
Maintaining quality in supplies
Total quality management
Quality cost vs customer satisfaction
Conformance specifications
Legal aspects of supplier contracts
Negotiation in the supply chain
Dispute avoidance and resolution
Contract manager’s responsibilities
Contract strategy and preparation
Different types of sourcing contracts
Contract documentation
Supplier tendering processes
Legal aspects of tendering
Compiling tender lists & validating bids
Non-collusion clauses in tendering
Evaluating bids for best value
Contract awarding procedures
Setting up supplier liaison processes
Managing contract changes & costs

...''

Phone:+44 (0) 208 995 8090

School Address:

London Corporate Training Ltd
10 Barley Mow Passage
London
W4 4PH
UK

Jobs & Resumes: London
Houses & Roommates: London
Travel Agencies: London

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