Strategic Procurement 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 vendors to meet the agreed business needs.
Typically, many business organisations in Nigeria have always encouraged “reactive vendor management” which largely deploys poor approaches 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.
Interestingly, it is becoming increasingly important to manage the suppliers (vendors) after the award of contract as against the belief that once a contract is awarded all is safe.
Programme:
• Understanding business requirements
• Understanding the nature of goods and services required by the firm
• Application of strategic sourcing methods
- Developing category profile
- Developing industry and supplier profile
- Developing external supply market strategy
- Choosing the suppliers/vendors
- Developing the service level agreement (SLA)
- Implementing the contract
- Monitory the vendor using the service level agreement
• Performance measurement
For:
All senior managers involved in procurement, supply contract placement, execution and vendor management. Logistics and supply chain managers; administrator in banks charged with procurement and vendor management; logistics managers of oil & gas companies; managers in non-profit organisations and agricultural produce buyers, are encouraged to attend.
Date: 4-6 June 2012
Fee: N 210,000