Procurement Best Practices

Procurement Best Practices

 

Date & Location: (16-20/April) Kuala Lumpur

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Course Overview

Introduction:

In order to do this, Best Practices have to be implemented on four levels:

  • Strategic
  • Tactical
  • Operational
  • Contingency

This seminar will address the necessary conditions at all four levels for those delegates who want to implement high-performing Procurement functions.

Program Objectives:

  • The ability to deliver real value in a shorter time
  • Reduce the number of non-value adding activities
  • Improved relations between personnel, customers and suppliers
  • Reduction in total cost of ownership
  • Improved supplier performance

Who Should Attend?

This course will mainly benefit to purchasing managers, senior buyers, project managers, civil engineers, construction managers, contractors, sub-contractors, site engineers, senior management, and government agencies, architects, construction professionals, and anyone responsible for purchasing at a senior level who seeks to enhance their skills further.

 

Program Outline:

Day 1 – Seeing Procurement as a Dynamic, Interactive System

  • The System Approach vs. the traditional Functional Approach
  • What is the goal of Procurement?
  • Developing the Strategic Procurement Plan
  • An overview of the procurement process
  • Procurement as part of the Supply Chain

Day 2 – Developing the Strategic Procurement Decisions

  • Make/buy decision
  • Vertical integration
  • Alliances and partnerships
  • Inter-company trade
  • Reciprocity and counter trade
  • Supplier strategy
  • The coordination strategy
  • The Purchasing organisation

Day 3 – Implementing the Tactical Procurement Decisions

  • Supplier involvement
  • Value analysis
  • Quality Assurance
  • Supplier selection
  • Supplier rating and ranking
  • Contract management
  • IT systems and e-Procurement
  • Policies and procedures
  • Staffing the Procurement Department

Day 4 – Dealing with Operational Procurement Decisions

  • Selecting the most appropriate ordering process
  • Addressing quality issues
  • Follow up
  • Overdue orders
  • Expediting
  • The payment process
  • Reducing the cost of procurement: small value purchase orders

Day 5 – Procurement in Supply Chain

  • The difference between Procurement and Purchasing
  • What is the role of Procurement and Purchasing?
  • Support Operational Requirements
  • Manage the Procurement Process and the Supply Base
  • Develop Strong Relationships with Other Functional Groups
  • Team Roles and responsibilities