Powered by Smartsupp Effective Purchasing, Tendering & Supplier Selection – Stratedge Training Centre
5-day Interactive Training Course

Effective Purchasing, Tendering & Supplier Selection

Establishing the Supplier Relationship

Course Dates

05 - 09 Feb 2024 Istanbul - Turkey € 4,350 Register Now
15 - 19 Apr 2024 Dubai - UAE € 4,350 Register Now
03 - 07 Jun 2024 Amsterdam - Netherlands € 5,350 Register Now
26 - 30 Aug 2024 Dubai - UAE € 4,350 Register Now
07 - 11 Oct 2024 Tbilisi - Georgia € 5,350 Register Now
30 - 03 Jan 2025 Dubai - UAE € 4,350 Register Now

Overview

This intensive five-day training course, titled “Effective Purchasing, Tendering & Supplier Selection,” is designed to enhance and fortify participants’ comprehension of the pivotal role suppliers play in achieving customer service excellence through an efficient supply chain.

Attendees will gain insights into evaluating the performance of potential and existing suppliers, along with a thorough understanding of the components that constitute an effective tender. Additionally, the course will delve into the intricacies of conducting effective negotiations that contribute to the long-term value of the organization.

The key focal points of this STRATEDGE Purchasing, Tendering & Supplier Selection training course encompass:

  • Planning
  • Tendering
  • Communication and Negotiation
  • Supplier Management
  • Measuring Performance

Course Objectives

The primary objective of the Purchasing, Tendering & Supplier Selection training course is to enhance the knowledge and comprehension of participants. By the conclusion of this training, attendees will be able to:

  • Recognize and mitigate procurement risks by formulating a proactive plan of action.
  • Enhance the performance of current suppliers through evaluation and performance measurement.
  • Comprehend and fortify the efficiency of the supply chain.
  • Award contracts based on assessed performance and criteria.
  • Attain a practical understanding of the negotiation process.

Training Methodology

In this training course, interactive presentations, case studies, participant activities, and exercises will be seamlessly integrated to optimize the effectiveness of the learning experience. Participants will be provided ample time to reflect on concepts and apply the discussed skills.

The Effective Purchasing, Tendering & Supplier Selection training course comprehensively addresses both the practical and theoretical facets of purchasing.

Who Should Attend?

This STRATEDGE Purchasing, Tendering & Supplier Selection training course is ideal for:

  • Purchasing Professionals
  • Individuals engaged in defining specifications and assessing supplier performance
  • Professionals involved in preparing and analyzing bids
  • Individuals responsible for managing supplier relationships
  • Those whose roles include negotiations with external agencies

Course Outline

Day 1: Understanding the Role of Purchasing in the Organization

  • Introduction to Purchasing and its Organizational Contributions
  • Exploration of the Purchasing Process and Procurement Cycle
  • Positioning Purchasing within the Company Structure
  • Defining the Vision, Mission, and Values of the Purchasing Function
  • Identifying Opportunities for Performance Enhancement

 

Day 2: Crafting an Effective Purchasing Strategy

  • Development of Purchase Agreements
  • Significance of Involvement in Specification Creation
  • Methodology for Supplier Selection
  • Criteria for Pre-qualifying Suppliers
  • Integration of the Supplier Selection Process

 

Day 3: Supplier Evaluation and Total Cost Approach

  • Selecting the Right Supplier and Evaluating Performance
  • Conditioning Suppliers to Meet Requirements
  • Embracing the Total Cost Approach to Purchasing
  • In-depth Analysis of Cost and Value
  • Understanding Life Cycle Costing

 

Day 4: Tendering Process and Bid Analysis

  • Identifying Process Needs
  • Examination of Different Tender Types
  • Electronic Commerce and E-Auctions
  • Objective Evaluation of Bids
  • Exploring Various Methods of Payment

 

Day 5: Negotiation Strategies and Performance Improvement

  • Defining Negotiation and its Components
  • Utilizing Tools in the Negotiation Process
  • Understanding the Phases of Negotiation
  • Overcoming Obstacles to Effective Negotiation
  • Evaluation and Addressing Performance Gaps: Creating a Plan for Improvement

 

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