This Effective Procurement and Supplier Selection course is designed to provide an understanding of the importance of the procurement function in an organization. The course provides an in-depth coverage of principles and application of procurement within an organization. It also aims at making the delegates appreciate the relationship between the procurement function and other corporate functions as well as the awareness of vital upstream and downstream players in the overall supply chain. Thus, this Effective Procurement and Supplier Selection course seeks to equip participants with tools, techniques and skills that will improve the effectiveness and efficiency of procurement at the workplace. Concomitantly, the course highlights the importance of regulatory and legal frameworks and institutional arrangements in relation to procurement methods. It links public procurement effectiveness to public finance management performance, the use of information technologies, inventory and warehouse management, the role of the market and opportunities for corruption.
Who Should Attend this Course?
- Professionals involved in procurement and supply chain management
- Public sector officials who need to improve their understanding of public sector procurement
- Any professional responsible for purchasing at a mid to senior level who seeks to further enhance procurement skills
- Suppliers of goods and services to public entities
Course Objectives
By the end of this course, participants should be:
- Understanding procurement concepts principles and theories
- Conversant with the anatomy of the procurement process
- Knowing public sector procurement regulatory environment and relevant applicable procedures
- Having skills to interrogate principles governing public procurement
- Aware of how efficiency and effectiveness can be achieved using suitable procurement methods
- Appreciative of the role of procurement in supply chain management
- Be familiar with the main institutional arrangements
- Be aware of the procurement cycle and understand its stages and processes
- Aware of different contract types and the potential merits of adopting each
- Able to align the procurement, finance and other organizational functions for optimal efficiency
- Understanding inventory and warehouse management