Details
Venue: Dubai, UAE
The Fee Covers: Training, Training Materials, Certificates, Accommodation Lunch and refreshments
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Outline
Objectives:
This course explores the process of identifying, selection and negotiating with the suppliers that will help your organization to be successful. No organization can be successful without appointing the best suppliers, and ensuring that contractual agreements maximize value for money. By applying the right processes for selecting suppliers, costs will be controlled, quality will improve and organizational efficiency will increase.
Suppliers will seek to optimize their return and need to be engaged in a way that ensures an appropriate relationship for the short and long term. Having the right knowledge and skills in tendering, procurement and negotiation is essential for any organization to be successful, and requires appropriate planning and preparation rather than luck and optimism.
This course will feature:
- Selecting the right procurement strategy
- Developing tenders, producing tender evaluation criteria and bids evaluation procedures
- Analyzing competitive bidding processes
- Practicing negotiation skills
- Administration of the procurement and tender process
Objectives
- Discuss elements of a good procurement process
- Develop methods of contractor performance measurement
- Learn methods of tender evaluation
- Review contract strategies
- Improve procurement and negotiation skills
Outline:
How Tendering and Procurement Aligns with the Organisation Strategy
- Influence of the external environment
- Adapting to new business models
- Critical supply strategies
- Transforming the Supplier relationship
- A Systemized Procurement cycle (Starting from planning to delivering a contract)
The Tendering Process
- Elements of a good procurement process
- Selecting the right contracting strategy
- Developing tender evaluation criteria for Goods, Works & Services procurements
- Bids evaluation procedures (Goods, Works and Consulting Services)
- Negotiating with short-listed suppliers
- How can we be sure we are obtaining a good price?
- Evaluation procedures of financial bid and cost analysis
- Case studies
Advanced Procurement Skills
- Transforming the supplier relationship
- Defining the organization’s mission in supplier relationships
- How to be a good customer
- Differentiating between SRM and collaboration
- Optimizing the supply base
The Negotiation Process
- Avoiding confrontational negotiations
- Communication techniques
- New techniques in influencing
- Understanding the other negotiator’s power
- Negotiating pressure points and countermeasures
Implementing Improvements in the Organisation
- Attract and retain procurement management talent
- Producing a realistic personal action plan for improvement
- Business continuity and contingency planning for procurement
- What is Activity-Based Costing
- Ways that procurement can improve finances
The Contract:
- What constitutes a Contract
- Relationship Contracting & Forms of Contract
- The main players involved in a Contract and their roles
- Key terms in a Contract & a brief tour of a Contract and its clauses
- Obligations and liabilities
- Typical areas of disputes in Contracts
- Breach of Contract
- Liquidated damages
- Variations
- Programming / Extension of Time & Delays
- Risk Management requirements (Quality Assurance, Safety, Environment, Human Resources
- Monitoring of progress
- Arbitration / Mediation / Dispute Resolution (including case studies)
Contract Administration & Procedures
- Administration Skills
- Identification & management of risks & opportunities
- Indemnity / Insurance requirements
- Securities / Performance Guarantees
- Document Control
- Authorization Levels
- Directions of the Superintendent / Company Representative
- Tracking Costs & status of Claims for Variation
- Process of review & evaluation
Programming and Progress Monitoring
- Work Schedules
- Site Meetings
Extension of Time and
- Claims for Extension of Time
- Process for review & evaluation inconsideration of the Project Work Schedule
Key Performance Indicators
- What Key Performance Indicators are
- How KPIs are developed & managed to ensure optimum Contract performance
Contract Reporting
- Tracking & reporting status of Variations
- Tracking & reporting potential liability resulting from claims for Variation
- Tracking status of extension of time & potential costs.
- Evaluating & projecting changes to Project Work Schedule & Completion Date
Health, Safety, Quality Assurance &
Environment
- Health & Safety Plan
- Quality Assurance Plan
- Induction requirements & training
Contract Close Out:
- The Defects Liability Period
- Practical Completion
- Final Completion
- Final Releases
Why Supply Chain Management?
- Customer Satisfaction
- Improving Performance
- Lowering Costs
- Product Development
- Case Study
Key Terms I
- Upstream & Downstream
- Raw Material
- Forecasting
- Carrying Cost
- Case Study
: Key Terms II
- Inventory
- Order Generation
- Order Taking
- Order Fulfillment
- Returns Management
- Case Study
Three Levels of Supply Chain Management
- Strategic Level
- Tactical Level
- Operational Level
- Bullwhip Effect
- Case Study
Five Stages of Supply Chain Management
- Plan
- Source
- Make
- Deliver
- Return
- Case Study
The Flows of Supply Chain Management
- The Product Flow
- The Information Flow
- The Finances Flow
- Data Warehouses
- Case Study
Inventory Management
- Levels of Inventory
- Just-In-Time Inventory
- Keeping Accurate Records
- Inventory Calculator
- Case Study
Lesson 9: Supply Chain Groups
- The Suppliers
- The Producers
- The Customers
- The Customer's Customers
- Case Study
Tracking and Monitoring
- Dashboard
- RFID's Alert Generation
- Stock Keeping Unit (SKU)
- Case Study
Supply Chain Event Management
- Inventory Alerts
- Supplier Alerts
- Bottlenecking
- Being Proactive
- Case Study
BCTCI paves a path to early success in life through its fast-track short duration correspondence courses. These courses consist of concepts and case studies that provide broad exposure to relevant business concepts and management specifics. This helps them to get started as "Managers" by enhancing their productivity, capability to formulate business policies, strategies and their implications for the organization.
BCTCI Training has access to a faculty of 65 highly qualified consultants to deliver the training courses. These trainers are not in any way academics, but rather specialists actively involved in consulting to business in their particular fields. This gives them a fuller insight into delegate needs and as well as knowledge about actual trends in the market, and makes the training courses extremely practical and relevant.
It is an enthusiastic attempt by BCTCI to expose the best of International Management principles, practices and managerial function to the participants.
BCTCI Training is run by a staff of people who have been involved in the corporate training business for over 15 years. Our aim is to provide an extremely high level of customer service to our clients to compliment the high quality of the courses, and the value for money they provide. ...