Strategic Procurement Planning and Bid Management
Course overview:
Strategic Planning is both the most critical and the most challenging phase of any procurement operation. It provides direction towards how the function intends to secure the supply security of the organization. When it comes to bid management, a sound procurement plan will help balance the often-conflicting goals of generating savings and satisfying internal customers
Course details:
Procurement planning is the process of deciding what to buy, when and from what source. During the procurement planning process, the procurement method is assigned and the expectations for fulfillment of procurement requirements determined. In this Four-day course, we provide a thorough explanation on how to approach the planning of procurement objectives and initiatives. We delve into the different qualitative and quantitative forecasting techniques as they relate to inventory planning and we demonstrate how different vendor integration strategies can be applied to help sustain operations and projects. |
By the end of the course, participants will be able to:
- Write strategic procurement objectives and initiatives to support long term directions
- Arrange ‘spend items’ into categories that support planning of go-to-market strategies
- Apply demand forecasting techniques to improve planning of procurement activities
- Generate vendor integration strategies to ensure supply security
- Evaluate vendor bids in a scientific manner to support selection decision making
Who Must Attend this Course? •Procurement Managers & Officers •Procurement Specialists •Heads of Strategic Planning •Inventory Planners •Purchasing Managers & Officer •Sourcing Buyers •Demand Personnel •Performance Evaluation Officers •Supply Chain Managers & Coordinators •Bid Management Officers & Administrators •Bid Adjudication Officials •Vendor Officers and Administrators •Administration Managers •Senior Admin Officers •Contracts & Tender Administrators •Legal Advisors •Risk Managers & Officers
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Four days |