Strategic Procurement Contract Management

Overview:

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.

For:
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.

Date:   2-4 March 2010
Fee:     N 195,000

Strategic Procurement Contract ManagementClick Here to Register for the Strategic Procurement Contract Management Seminar