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Strategic Procurement Contract Management SeminarStrategic Procurement Contract Management Seminar

Event CategorySeminars
DateTuesday, March 2, 2010
Time
Duration2-4 March
VenueLBS Ajah, Lagos
CaptionStrategic Procurement Contract Management Seminar
Description

This is the act of satisfying business requirements from markets through the proactive and structured analyses of supply markets and the selection of capable suppliers/contractors to meet the agreed business needs.

Typically, many business organisations in Nigeria have always encouraged “reactive procurement management” which largely deploys approach to the detriment of corporate governance and profitability. Furthermore, the consequences of poor procurement management which physically manifests quite often in extensive delays, high costs, abandoned and delayed projects, abound in our economy.

 The impact of strategic procurement/contract management can no longer be ignored given that total contract expenditures are now in excess of 50 percent of corporate revenue in almost every sector of the economy, and thus offers huge potentials for savings.

 This three-day programme will address these issues.

Programme
  • Positioning for strategic procurement/contract management
  • Understanding customer and business requirements
  • Spend analysis including future spends
  • Strategic supply market analysis
  • Mapping supply chains of different categories to understand interdependencies, pricing patterns, margins and risks
  • Generation of supply contract options and strategies
  • Developing contract plans
  • Implementing and monitoring contract plans
  • Performance measurement
  • Building relationships and ethical issues.
Partcipants Profile

All senior managers involved in supply contract placement and execution; contract and procurement managers; supply chain managers; and administrators in banks charged with procurement/contracting.

Fee=N= 195,000.00

Action:

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The case-study method has given me insight into industries and businesses that I may ordinarily not have privy to....
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