Procurement Best Practices
- Offered byGlomacs
Procurement Best Practices at Glomacs Overview
Duration | 5 days |
Total fee | ₹4.91 Lakh |
Mode of learning | Online |
Credential | Certificate |
Procurement Best Practices at Glomacs Highlights
- Earn a certificate upon completion
- Increased Knowledge about Key Performance Indicators
- Increased recognition by the organization due to improved performance
Procurement Best Practices at Glomacs Course details
- For Contracts, Purchasing, and Procurement Personnel
- For Project, Engineering, Operational, and Maintenance, Personnel who are involved in the planning, and execution of purchases and contracts
- For all involved in the acquisition of materials, equipment, and services and who are in organizations whose leadership want high levels of competency in those involved in these activities
- Understand the evolution in Procurement
- Discuss the inputs, outputs and processes of the system
- Develop meaningful performance measurements
- Learn the necessary conditions to be taken on all four levels
- The Procurement function has developed from a simple administrative function to a fully fledged strategic business unit
- No longer is it sufficient to simply turn requisitions into orders and then await the delivery of the goods or services
- It is therefore imperative for Procurement to constantly deliver value to the organisation by delivering products and services that contributes to the well-being of the organisation
Procurement Best Practices at Glomacs Curriculum
DAY 1 Seeing Procurement as a Dynamic, Interactive System
The System Approach vs. the Traditional Functional Approach
What is the goal of Procurement?
Developing the Strategic Procurement Plan
An Overview of the Procurement Process
Procurement as Part of the Supply Chain
DAY 2 Developing the Strategic Procurement Decisions
Make / Buy Decision
Vertical Integration
Alliances and Partnerships
Inter-company Trade
Reciprocity and Counter Trade
Supplier Strategy
The Coordination Strategy
The Purchasing Organisation
DAY 3 Implementing the Tactical Procurement Decisions
Supplier Involvement
Value Analysis
Quality Assurance
Supplier Selection
Supplier Rating and Ranking
Contract Management
IT Systems and e-Procurement
Policies and Procedures
Staffing the Procurement Department
DAY 4 Dealing with Operational Procurement Decisions
Selecting the most Appropriate Ordering Process
Addressing Quality Issues
Follow-up
Overdue Orders
Expediting
The Payment Process
Reducing the Cost of Procurement: Small Value Purchase Orders
DAY 5 Contingency Procurement Decisions
The Different Contingency Situations
Contingency Management
Procurement Performance Measurement
Spend Analysis
Total Cost of Ownership
Supplier Performance Measurement
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