Procurement and Purchasing Management

About this course

Good procurement does far more than buy at the lowest price. This five-day course shows you how to source the right goods and services, from the right suppliers, on terms that protect your organisation and deliver real value for money.

You will follow the full procurement cycle: defining needs and specifications, planning a sourcing strategy, running tenders and requests for quotation, evaluating bids, negotiating with suppliers and managing contracts after award. Throughout, you will apply ethical principles and practical controls that reduce risk and keep every decision transparent and defensible.

What you'll learn

• Explain the role of procurement in creating value and controlling cost.
• Plan purchases by defining requirements and specifications clearly.
• Run tendering and request for quotation processes fairly and transparently.
• Evaluate and select suppliers using weighted criteria.
• Prepare for and conduct effective negotiations with suppliers.
• Identify the key terms of purchasing contracts and manage contracts after award.
• Monitor supplier performance and manage supplier relationships.
• Apply ethical principles and controls to reduce procurement risk and fraud.

Curriculum

Who it's for

Procurement and purchasing officers, buyers, tender committee members and managers who approve or oversee purchasing decisions.

Before you start

• Basic knowledge of purchasing or some experience in a buying role

Part of these Alalamia diplomas

• Alalamia Diploma in Supply Chain and Logistics Management