Professional Training

Procurement Process Essentials

Length
2 days
Price
1,360 GBP excl. VAT
Next course start
Enquire for more information See details
Course delivery
Classroom
Length
2 days
Price
1,360 GBP excl. VAT
Next course start
Enquire for more information See details
Course delivery
Classroom
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Course description

Procurement Process Essentials

This training workshop considers the merits and downsides of competitive procurement, and when the "Invitation to Tender" may not be the best approach. Different jurisdictions follow different methods of public procurement, with some placing greater emphasis on negotiation as part of the process. We will look at alternative ways of carrying out procurement activity that are open to scrutiny and survive the challenges of the disappointed bidder.

This training workshop focuses on two important elements of procurement: the documentation of the organization's needs into a "Scope of Work" or "Statement of Requirement"; and the ways to engage with the supply market, in order to find a supplier who is capable of meeting your requirements effectively and efficiently.

Upcoming start dates

1 start date available

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  • Classroom
  • London

Suitability - Who should attend?

Target Audience

This training workshop is suitable for:

  • Procurement Officers, analysts and managers.
  • Contract Engineers and analysts.
  • Quantity Surveyors
  • Commercial advisers
  • Procurement team members
  • General managers
  • Executives tasked with managing contracts.
  • Contract Administrators
  • Anyone who wishes to have a good understanding and involvement in purchasing activities.

Outcome / Qualification etc.

Learning Outcomes

Upon completion of this training workshop, you will have:

  • Familiarised yourself with the main functions performed by a procurement officer.
  • Discussed “what does good procurement look like?”
  • Recognized the links between procurement and the wider tasks of managing supply chains.
  • Compared and contrasted public and private sector procurement.
  • Debated the merits of competitive and non-competitive procurement.
  • Developed a grasp of different procurement methods, including those that include a negotiated element.
  • Learned about different documents used in the processes.
  • Discussed typical errors that can occur in procurement, and how to avoid them.

Training Course Content

Global Procurement Processes

  • Competitive and non-competitive purchasing
  • Bids and Tenders documentation
  • Managing an open and transparent process
  • Avoiding mistakes that could cancel the procurement

Procurement Sourcing

  • Writing the Statement of Requirement / Scope of Work
  • Supplier Sourcing
  • Working with approved suppliers
  • Prequalification
  • Highlights of tender evaluation

Why choose London Business Training & Consulting

Management consultation service 

Paperless service delivery model

Flexible open course schedule

Expenses

Course Price: £1360.00 + VAT

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London Business Training & Consulting
One Lyric Square
W6 0NB London

London Business Training & Consulting

London Business Training & Consulting (LBTC) is the UK’s premier business and management training and consultancy service provider. LBTC offers 600 management training courses in sixteen (16) subject categories of durations ranging from 1 day to 11 weeks. This includes 90-minute interactive live...

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