Procurement

Enhance your procurement expertise with our comprehensive course covering strategic procurement, public and private sector procurement, and supply chain management. Learn to master the procurement lifecycle, align strategies with organizational goals through demand forecasting and market analysis, and navigate regulatory frameworks. Develop essential skills in bid evaluation, contract management, and supplier relationship management. Gain practical experience with e-procurement, sustainable sourcing, and AI-driven procurement through real-world case studies. Ideal for professionals seeking career advancement and improved procurement efficiency. 

This course is ideal for procurement professionals in both the public and private sectors seeking to enhance their expertise in procurement planning, evaluation, contract management, framework agreements, and supply chain management (SCM) governance. Designed to support both new and experienced professionals, the training provides valuable insights and practical strategies to optimize procurement processes while ensuring compliance with industry best practices. 

• A comprehensive understanding of procurement principles, processes, and lifecycle management.

• Insight into the differences between public and private sector procurement.

• The ability to align procurement strategies with organizational goals through demand forecasting and market analysis.

• Knowledge of regulatory and legal frameworks, including compliance with local and international procurement laws.

• Best practices in procurement methods, including e-procurement, sustainable sourcing, and supplier management.

• Skills in bid evaluation, contract awarding, and the application of technical and financial evaluation methods.

• Expertise in procurement contract structures, framework agreements, and risk mitigation strategies.

• Practical knowledge of supply chain management (SCM) governance and procurement performance measurement.

• Techniques for dispute resolution, ethical procurement practices, and fraud prevention.

• Advanced procurement strategies, including cost-saving techniques, AI-driven procurement, and data analytics.

• Hands-on experience through case studies and practical workshops to apply learned concepts in real-world scenarios.

Procurement Fundamentals & Strategic Procurement Planning

Understanding Procurement & Supply Chain Management (SCM)

• Definition and role of procurement in organizations

• Key principles of procurement

• The procurement lifecycle: From needs assessment to contract management

• Differences between public and private sector procurement

Strategic Procurement Planning

• Aligning procurement strategy with organizational goals

• Demand forecasting and market analysis

• Category management and strategic sourcing

• Identifying procurement risks and mitigation strategies

Regulatory & Legal Frameworks in Procurement

• Overview of local, regional, and international procurement laws (e.g., PPPFA, PFMA, MFMA, FIDIC, UNCITRAL Model Law)

• Ethics in procurement and combating corruption

• Case studies: Legal challenges in procurement

Procurement Processes, Supplier Management & Evaluation

Procurement Methods and Best Practices

• Open vs. restricted tenders, direct procurement, and negotiated procurement

• e-Procurement and digital procurement trends

• Green procurement and sustainable sourcing

Supplier Management & Market Engagement

• Vendor prequalification and selection criteria

• Supplier relationship management (SRM) strategies

• Conducting supplier due diligence and risk assessment

Bid Evaluation & Contract Awarding

• Preparing bid documents and specifications

• Technical vs. financial evaluation methods

• Evaluation committees and scoring techniques

• Best Value Procurement (BVP) and Total Cost of Ownership (TCO) approach

Contracting, Framework Agreements & Risk Management

Understanding Procurement Contracts

• Key elements of a procurement contract

• Fixed-price vs. cost-reimbursable contracts

• Service Level Agreements (SLAs) and Key Performance Indicators (KPIs)

Framework Agreements & Long-Term Contracts

• What are framework agreements?

• Advantages and risks of framework contracts

• Setting up call-off orders and mini-competitions

Procurement Risk Management & Compliance

• Identifying procurement risks (financial, operational, reputational)

• Risk assessment methodologies

• Mitigating fraud, conflicts of interest, and bid rigging

SCM Governance, Performance Measurement & Dispute Resolution

Supply Chain Management (SCM) Governance

• Public and private sector governance structures

• Procurement roles and responsibilities

• Audit and compliance requirements in procurement
  
  

Performance Measurement in Procurement

• KPIs for procurement efficiency and effectiveness

• Procurement audits and reporting frameworks

• Benchmarking and continuous improvement
  
  

Dispute Resolution & Procurement Ethics

• Handling procurement disputes and legal recourse

• Alternative Dispute Resolution (ADR) in procurement

• Ethical dilemmas and case studies

Advanced Procurement Strategies & Practical Workshop

Advanced Procurement Strategies

• Cost-saving strategies in procurement

• The role of AI, automation, and data analytics in procurement

• Sustainable and socially responsible procurement
  
  

Procurement Negotiation & Contract Management

• Key negotiation skills for procurement professionals

• Managing contract variations and amendments

• Handling supplier performance issues

Practical Workshop & Case Studies

• Group exercises: Simulated procurement scenario

• Analysis of real-world procurement case studies

• Developing an action plan for organizational procurement improvement