Introduction:
This training on Procurement and Contract Management intends to depeen the knowledge of participants in everything about Procurement and Contract Management in both public and private sector. Participants will also gain a full understanding of all procurement phases, including planning, conducting, and controlling procurements, as well as the PMI processes, the National Procurement Regulatory Framework, and international best practices in procurement management and contract law.
Course Objectives
The Procurement and Contract Management Course from Zoe Talent Solutions has been built with the following objectives:
- To help understand the steps required to develop effective relationships in the e-business age
- To examine different levels of the Successful Partnership Pyramid’s crucial importance
- To assess different kinds of contracts in businesses, and their importance
- To describe the stages involved in contract management
- To explain how teamwork is critical in the contract management process
- To compare and contrast US contract law with various contracting concepts and principles used around the world and other techniques of contracting
- To explain the importance and concepts underpinning the different stages in the contract management process: pre-award, award, and post-award
- To compare and contrast the different types of general contract price arrangements for achieving corporate goals
- To understand typical misunderstandings and myths about global contract management
- To explain how project management is important in delivering solutions that meet or exceed client expectations for value and results
Organizational Benefits
This training course from Zoe Talent Solutions will benefit an organization by:
- Identifying needs, implementing plans, and analysing objectives to improve business performance
- Controlling the spending through improved expenditure visibility and assistance with financial transaction monitor
- Improving the e-procurement management in the organization as the professionals get equipped with state-of-the-art technology and the latest trends in the industry
- Mastering the business procedures that manage the formation, implementation, and evaluation of contracts to maximize corporate performance and minimize risk
- Using contract lifecycle management to improve their performance and understand how they can better achieve their goals
Personal Benefits
This training course from Zoe Talent Solutions will benefit a participant by:
- Developing a better understanding and information about required regulations to follow for contract management
- Improving knowledge and confidence in obtaining goods, representative samples for testing
- Enhance analytical and strategic skills for interpreting data and drawing the most correct findings to help with effective decision-making
- Developing greater potential and ability to contribute to organisational growth through effective learning and application, thereby increasing one’s scope for career progression across any industry
- Improving perspective and foresight to identify hindrances and challenges in business contracts and procurement systems and prevent these from affecting the results
Who Should Attend?
The course is suitable for a wide range of professionals and is recommended for the:
- Managers in charge of purchasing or sourcing
- Managers in charge of vendor or product evaluation and selection
- Anybody interested in procurement contract management
- Anybody who works with contracts daily, whether in the commercial or governmental sector
Course Outline
The course covers the following areas important for one to become Procurement and Contract Management certified:
Module 1: Introduction
- Course overview
- Discussion of grading criteria
- Meaning and importance of procurement
- Significance of contract management
Module 2: Contract Management
- Operational Issues
- Contract Life Cycle
- Contract Stakeholders
- Organizational Influences
- General Business and contracting Competencies
Module 3: Procurement
- Procurement management process
- Types of contracts and purpose
- Planning of Purchases and Acquisitions
- Documents
- Source selection
- Closing Procurements
- Best Practice
- E-procurement
Module 4: Strategic Supply Chain
- Strategic decision-makers
- Operational managers
- Key stakeholders
Module 5: Supplier Selection
- Criteria for supplier selection
- Methods for supplier selection
- Supplier selection process
- Relationship management
Module 6: Modern Contract Management and Procurement
- Integration of Procurement
- Supply Chain
- Procurement positioning
- Measurement
- Final Consideration
Module 7: Logistics in Global Context
- Managing successful logistics
- International procurement
- Pricing mechanisms
- Decision-making
- Outsourcing
Module 8: Laws and Regulations
- Contract Principles and laws
- Standards of Conduct
- Structures in contracts
- Intellectual Property
- Financing contacts
- Negotiations
Method of Instruction: Online
Course Duration: Two Weeks
Type of Certificate Issued:
Certificate in Procurement and Contract Management
You can choose any of the three below:
- Digital Certificate(Downloadable PDF)
- Physical Certificate with security marking shipped to your location with a price
- Framed Certificate with security markings shipped to your location with a price.
REGISTRATION FORM