Procurement, Logistics & Inventory Management Training Courses


Procurement, Tendering, and Contract Management (Certified)

Introduction:

The procurement function has transcended its traditional administrative role to become a key strategic component of business operations. In the modern business landscape, it is not enough to convert requisitions into orders: the development and implementation of comprehensive strategies for acquiring materials, goods, equipment, and services are crucial for organizations looking to minimize operating costs while enhancing quality and productivity.

This procurement, tendering, and contract management course delves into the strategic importance of the procurement function and its substantial impact on an organization's success. We will scrutinize supplier evaluation, negotiation, procurement tendering, and contract management to optimize the procurement department's performance and contribution.

Certificate of Procurement, Tendering, and Contract Management:

A procurement, tendering, and contract management certificate signifies a comprehensive understanding of the two interconnected fields. Participants in this course will be equipped with the knowledge and skills needed to effectively manage tendering in procurement and ensure that contract management in procurement serves the business's strategic and operational objectives.

Targeted Groups:

  • Procurement Managers.
  • Purchasing Supervisors.
  • Contracts Personnel.
  • Tender Officials and Committees.
  • Negotiation and Purchasing Committees.
  • Procurement/Purchasing Personnel.
  • Senior Buyers.

Course Objectives:

By the conclusion of this procurement, tendering, and contract management course, participants will be able to:

  • Comprehend the integral elements and processes of procurement systems.
  • Assess sourcing strategies and conduct thorough supplier evaluations.
  • Understand the legal nuances and administrative aspects of contracts.
  • Exercise proficient management over tendering processes.
  • Formulate meaningful procurement and tendering performance measurements.
  • Enhance their abilities in all facets of strategic procurement.

Targeted Competencies:

Upon the conclusion of this procurement, tendering, and contract management training, the target competencies will:

  • Master managing tenders and contracts.
  • Swift delivery of tangible value.
  • Decrease in non-value-adding activities.
  • Advance relationships among staff, customers, and suppliers.
  • Lower the total cost of ownership.
  • Elevate supplier performance and procurement contract management.

Course Content:

Unit 1: Introduction to Procurement Management:

  • Welcome, Introduction, and Introducing Course Objectives.
  • Purchasing and its position in procurement management.
  • The role of procurement.
  • Purchase functions.
  • Procurement functions.
  • Team role.
  • Procurement Processes.
  • Procurement planning – make or buy analysis.
  • Q&A & Homework.

Unit 2: Sourcing Analysis and Supplier Evaluation:

  • Review of the previous session.
  • Homework solutions.
  • Explore sourcing analysis and strategies.
  • Comprehensive Supplier Evaluation.
  • The Dynamics of Buyer-Seller Negotiation.
  • Embracing the Win-Win Negotiation concept.
  • Q&A & Homework.

Unit 3: Effective Negotiation and Procurement Execution:

  • Review of the previous session.
  • Homework solutions.
  • The intricate Communication process.
  • Identify Personality Types in Negotiation.
  • Engage in Negotiation practice.
  • Delve into Procurement Execution.
  • Understand INCOTERMS (International Commerce Terms).
  • Q&A & Homework.

Unit 4: Tenders and Contract Management:

  • Review of the previous session.
  • Homework solutions.
  • Tender information and process.
  • Examine Contract documents.
  • Classification of Contracts.
  • Significance of the Security deposit.
  • Criteria for Contractor Qualifications.
  • Q&A & Homework.

Unit 5: Supplier Management and Best Practices:

  • Review of the previous session.
  • Homework solutions.
  • Explore Contract Management Good Practices.
  • Evaluate Procurement Documents.
  • Measure Supplier Performance.
  • Analyze Procurement Metrics.
  • Fundamentals of Contract Law.
  • Adhere to Purchasing Ethics.
  • Exercises in determining the optimal number of orders.
  • Q&A & Applications.

Conclusion:

Throughout this procurement, tendering, and contract management course, participants will gain insight into the best practice guide for tendering and contract management and understand the benefits of contract management in procurement. They will learn what tendering and contracting entail and enhance their tendering management skills. Overall, the course embodies the essence of procurement and contract management, preparing attendees for successful careers in this field.


Amman (Jordan)
21 - 25 Jul 2024
2900 Euro
Manama (Bahrain)
28 Jul - 01 Aug 2024
3900 Euro
Casablanca (Morocco)
05 - 09 Aug 2024
3000 Euro
Boston (USA)
05 - 09 Aug 2024
5500 Euro
Vienna (Austria)
12 - 16 Aug 2024
4900 Euro
Istanbul (Turkey)
18 - 22 Aug 2024
4200 Euro
Cairo (Egypt)
25 - 29 Aug 2024
3000 Euro
Rome (Italy)
26 - 30 Aug 2024
4900 Euro
Online
08 - 12 Sep 2024
1500 Euro
Dubai (UAE)
08 - 12 Sep 2024
3900 Euro
Barcelona (Spain)
09 - 13 Sep 2024
4900 Euro
Munich (Germany)
16 - 20 Sep 2024
4900 Euro
Istanbul (Turkey)
22 - 26 Sep 2024
4200 Euro
Amsterdam (Netherlands)
23 - 27 Sep 2024
4900 Euro
Kuala Lumpur (Malaysia)
29 Sep - 03 Oct 2024
3900 Euro
Madrid (Spain)
30 Sep - 04 Oct 2024
4900 Euro
Lisbon (Portugal)
30 Sep - 04 Oct 2024
4900 Euro
Barcelona (Spain)
07 - 11 Oct 2024
4900 Euro
London (UK)
21 - 25 Oct 2024
5200 Euro
Barcelona (Spain)
28 Oct - 01 Nov 2024
4900 Euro
Paris (France)
28 Oct - 01 Nov 2024
4900 Euro
London (UK)
04 - 08 Nov 2024
5200 Euro
Dubai (UAE)
10 - 14 Nov 2024
3900 Euro
Cairo (Egypt)
17 - 21 Nov 2024
3000 Euro
Sharm El-Sheikh (Egypt)
17 - 21 Nov 2024
3500 Euro
Boston (USA)
02 - 06 Dec 2024
5500 Euro
Online
15 - 19 Dec 2024
1500 Euro
Barcelona (Spain)
30 Dec 2024 - 03 Jan 2025
4900 Euro
Cairo (Egypt)
05 - 09 Jan 2025
3000 Euro
Amsterdam (Netherlands)
13 - 17 Jan 2025
4900 Euro
Online
16 - 20 Feb 2025
1500 Euro
Milan (Italy)
03 - 07 Mar 2025
4900 Euro
Dubai (UAE)
09 - 13 Mar 2025
3900 Euro
Brussels (Belgium)
10 - 14 Mar 2025
4500 Euro
Dubai (UAE)
23 - 20 Mar 2025
3900 Euro
Istanbul (Turkey)
30 Mar - 20 Apr 2025
4200 Euro
Kuala Lumpur (Malaysia)
30 Mar - 20 Apr 2025
3900 Euro
Geneva (Switzerland)
31 Mar - 20 Apr 2025
5500 Euro
Paris (France)
31 Mar - 20 Apr 2025
4900 Euro
London (UK)
31 Mar - 20 Apr 2025
5200 Euro

Procurement, Logistics & Inventory Management Training Courses
Procurement, Tendering, and Contract Management (Certified) (PR)

 

Mercury dynamic schedule is constantly reviewed and updated to ensure that every category is being addressed at least once a month, if not once every week. Please check the training courses listed below and if you do not find the subject you are interested in, email us or give us a call and we will do our best to assist.