Includes
Customer Support
BEST PRACTICES IN PROCUREMENT AND LOGISTICS MANAGEMENT
Date: 3 days, Jun.18 - Jun.20, 2025
Workshop Fee:
205000
Location: 13, John Olugbo Street, Off Toyin Street, Ikeja - Lagos, NG
Website: http://www.avantgardenigeria.com
Avant-Garde Resources Center (ARC)
Course Description:
Objective
Planning is both the most critical and the most challenging phase of any procurement operation. When it comes to bid management, a sound procurement plan will help balance the often conflicting goals of generating savings and satisfying internal customers. In this workshop, we provide a thorough explanation of how to approach the planning of procurement objectives and initiatives. By attending this workshop, participants will understand:
- The role and importance of the procurement function in the value chain
- The methods and techniques of procurement performance measurement
- Write strategic procurement objectives and structure of the procurement function
Content
The Role of Procurement in the Value Chain
· Importance of Procurement to Business
· Classification of Purchasing Goods and Services
· New Developments in Procurements
· E-Procurement
The Purchasing Management Process
· Importance of Purchasing
· Primary Tasks and Responsibilities
· Delivering Value for Money
· Purchasing and Supply Management
· Supporting the Internal Client
Procurement Risk
· Why Risk Management in Procurement
· Typical Supply Chain Risks
· Methods of Managing Procurement Risk
· The Role for Contracts as a Risk Management Tool
Decision-Making in Procurement
· Creating the Statement of Requirement
· Supplier Sourcing
· Supplier Evaluation and Award
· Negotiation Skills
Logistics and Supply Chain Management
· Materials Requirements Planning
· Basic Logistics Structure
· Just-In-Times Management
· Elements of the Procurement Information Systems
· Coordination Problems between Procurement and Logistics
Forecasting and Demand Planning
· Principles of Demand Planning
· Quantitative Forecasting Techniques
· The Soft Side of Forecasting
· Performance Measures and Targets
FOR WHOM: Buyers, Purchasing Managers, Procurement Managers, Production Managers, Stores Managers, Decision Makers, Operations Managers, Supervisors, Inventory Planning Managers, CFO, Directors, Accountants, Auditors, Finance Managers, Management Accountants, Financial Analysts, Staff and others who are involved in procurement management.