The Complete Procurement Cycle

DURATION

5 days

DATE

23 – 27 Jan, 01 – 05 May, 07 – 11 August, 06 – 10 Nov 2023

FEE

£4000

LOCATION

The Business Xchange Hub, Marco Polo House 3-5 Lansdowne Road, Croydon, Surrey, CR0 2BX United Kingdom

Course Description

Procurement is increasingly recognised as a key function in both private and public sector organisations. A good understanding of procurement among non-procurement professionals within organisations is also quite crucial in realising the full potential of procurement’s contribution to achieving organisational objectives.

This course will give new starters in procurement a solid foundation in their procurement career. It will give a good overview of all the stages of procurement cycle and how to navigate through each stage efficiently. For non-procurement professionals, this will enable them to interact with procurement teams more effectively. Delivered in an interactive style, with practical examples and case studies, it will equip delegates to confidently apply the learning in their job and progress in their procurement career.

Course Objectives

On completion, you will be able to:

  • Prepare plans and develop contract strategies
  • Explain the fundamentals of the procurement cycle and how each phase contributes to effective supply chain function
  • Identify and apply a range of procurement tools and techniques
  • Contribute to specification development and tendering process effectively
  • Get involved in contract management and supplier relationship management 

Course Outline

  • Procurement cycle
  • Tender design
  • Financial Instruments
  • Standard bidding documents and evaluation of bids
  • Contract management and supplier relationship management

This course can also be taken in

Accra: 16 – 20 Jan, 10 – 14 April, 24-28 July, 23- 27 Oct 2023

Dubai: 30 Jan – 03 Feb, 03 – 7 April, 26 – 30 June, 4 – 8 Sept 2023

Texas: on request

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