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Strategic Procurement and Contract Management in an Evolving World

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Learn how to transform procurement and contract management into a strategic advantage. This programme equips professionals to minimize waste, strengthen governance, and maximize value in today’s fast-changing business environment.
Procurement and contracting managers seeking to enhance strategic capabilities. Supply chain and administrative managers in banks, government agencies, and corporate organizations, and decision-makers responsible for cost control, project delivery, and vendor management.
Online Programme
LBS Campus
Programme Date
Aug 10, 2026 (4 days over 2 weeks)

Programme Fee

₦850,000 (Excluding VAT)
Online Programme
LBS Campus
APPLY NOW
Download Brochure
Online Programme
LBS Campus

Programme Date

Aug 10, 2026 (4 days over 2 weeks)
Online Programme
LBS Campus
Programme Fee
850,000
APPLY NOW
Download Brochure

Programme Overview

In many organizations, procurement is still treated as a routine function—reactive, transactional, and costly. The result? Delays, waste, and abandoned projects that drain profitability. This programme redefines procurement as a strategic tool for business performance and sustainability. Participants will explore modern techniques for managing supplier relationships, contracts, and compliance while improving efficiency and accountability. Through real-world case studies, you’ll learn how to align procurement strategies with corporate goals and drive measurable value across your organization.
Key Learning Outcomes
Apply proven tools for efficient and transparent procurement management.
Integrate strategic sourcing and contract management into overall business goals.
Improve governance, accountability, and value for money in procurement operations.
Online Programme
Programme Date
Aug 10, 2026 (4 days over 2 weeks)
Programme Fee
₦850,000 (Excluding VAT)
APPLY NOW
APPLY NOW
Download Brochure
Understanding Customer and Business Requirements

  • Identifying internal and external customer needs

  • Aligning procurement goals with business strategy

  • Translating requirements into actionable specifications

  • Evaluating cost, quality, and performance expectations

Positioning for Strategic Procurement

  • Assessing procurement’s role in organizational competitiveness

  • Building strategic procurement capabilities

  • Leveraging procurement for long-term value creation

  • Integrating procurement planning into enterprise strategy

Supply Management Analysis and Application

  • Conducting spend and market analysis

  • Evaluating supplier markets and industry trends

  • Applying supply management frameworks

  • Using data to guide procurement decisions

Strategic Sourcing Methods

  • Developing strategic sourcing strategies

  • Assessing sourcing options and models

  • Implementing category management

  • Executing sourcing processes for optimal value

Application of Sourcing Tools

  • Using digital sourcing platforms and dashboards

  • Applying analytical tools for supplier evaluation

  • Leveraging automation in procurement processes

  • Measuring sourcing performance with KPIs

Ethical Issues in Procurement

  • Understanding ethical standards and compliance

  • Avoiding conflicts of interest and corruption

  • Ensuring transparency in sourcing activities

  • Promoting sustainability and responsible procurement

Contracting, Bidding, and Negotiation

  • Preparing and managing competitive bidding processes

  • Conducting bid evaluations and supplier selection

  • Understanding legal aspects of procurement contracts

  • Negotiating effectively in contracting contexts

Dr Frank Ojadi

Dr. Ojadi has consulted widely for many companies (including banks, food and beverage and distribution and retail companies, and urban transport development) in the areas of procurement improvement and logistics and supply chain optimisation. He is a member of the Editorial Board of the South African-based Journal of Transport and Supply Chain Management. Dr. Frank Ojadi obtained a bachelor’s degree in Engineering Physics from the University of Ife in 1981 (now Obafemi Awolowo University), an MBA from the Maastricht School of Management, Netherlands, and a PhD in Transport Economics from the Department of Transport and Supply Chain Management of the University of Johannesburg, South Africa.

Dr Obinna Muogboh

Prior to his faculty appointment, Obinna Muogboh served as the Chief Executive Officer of Jess-NP Limited, a Nigerian-based manufacturing firm. He brings back to the academic world his wealth of experience in managing business in a highly competitive and challenging business environment. Dr. Muogboh has consulted and researched various organisations in Nigeria and abroad, including multilateral agencies such as UNIDO. He is a member of the Institute for Operations Research and the Management Sciences (INFORMS). Dr Muogboh also worked at INSEAD, France, as the 2009 INSEAD African Faculty fellow. He received his M.Sc. and Ph.D. in Industrial Engineering from the University of Pittsburgh, USA. He received his B.Eng. in Electronic Engineering from the University of Nigeria, Nsukka.
Dr Frank Ojadi
Dr. Ojadi has consulted widely for many companies (including banks, food and beverage and distribution and retail companies, and urban transport development) in the areas of procurement improvement and logistics and supply chain optimisation. He is a member of the Editorial Board of the South African-based Journal of Transport and Supply Chain Management. Dr. Frank Ojadi obtained a bachelor’s degree in Engineering Physics from the University of Ife in 1981 (now Obafemi Awolowo University), an MBA from the Maastricht School of Management, Netherlands, and a PhD in Transport Economics from the Department of Transport and Supply Chain Management of the University of Johannesburg, South Africa.
Dr Obinna Muogboh
Prior to his faculty appointment, Obinna Muogboh served as the Chief Executive Officer of Jess-NP Limited, a Nigerian-based manufacturing firm. He brings back to the academic world his wealth of experience in managing business in a highly competitive and challenging business environment. Dr. Muogboh has consulted and researched various organisations in Nigeria and abroad, including multilateral agencies such as UNIDO. He is a member of the Institute for Operations Research and the Management Sciences (INFORMS). Dr Muogboh also worked at INSEAD, France, as the 2009 INSEAD African Faculty fellow. He received his M.Sc. and Ph.D. in Industrial Engineering from the University of Pittsburgh, USA. He received his B.Eng. in Electronic Engineering from the University of Nigeria, Nsukka.

The Admission Process

Begin your path to professional and personal growth with our straightforward enrollment process.

1. Click on the Apply Now button.

2. Select the number of participants to enroll on the programme and then fill in your detials.

3. Request for an invoice or make an instant payment via our secured payment gateway.

4. Upon confirmation of payment, a programme manager will get in touch with you at least three days before the programme commences.

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Strategic Procurement and Contract Management in an Evolving World