Contractors Classification, Pre-Qualifications and Selections
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Contractors Classification, Pre-Qualifications and Selections Course
Introduction:
In today's highly competitive business environment, the implementation of best practices in purchasing and procurement is crucial for organizations striving to achieve excellence. Recognizing the significance of these practices across their entire workforce, world-class organizations understand that all employees involved in the procurement process require essential skill sets. This course has been specifically developed to address the common performance gaps and ensure that Supply Management can deliver the continuous improvements necessary for organizations to meet their strategic objectives.
The course places great emphasis on aligning procurement practices with the overall goals and strategies of an organization. It covers a wide range of topics, including strategic sourcing, supplier evaluation and selection, contract negotiation, and supplier relationship management. By equipping participants with the knowledge and tools to apply best practices, the course aims to enhance the procurement process and drive sustainable improvements in organizational performance.
Throughout the program, participants will acquire practical techniques to identify and address performance gaps in supply management. They will explore methods for optimizing supplier performance, reducing costs, mitigating risks, and improving overall efficiency. Real-world case studies and interactive exercises will provide participants with hands-on experience in applying best practices to real-life procurement scenarios.
Upon completion of this course, participants will possess a comprehensive understanding of how to bridge the performance gaps in supply management. They will be equipped with the skills and insights needed to make informed decisions, drive continuous improvements, and contribute to the achievement of strategic objectives within their organizations.
Whether you are a procurement professional, supply chain manager, or involved in purchasing decisions, this course will provide you with the tools and knowledge to excel in supply management. Join us and unlock the potential of best practices in purchasing to enhance organizational performance and achieve strategic success.
Course Objectives:
By the end of the course, participants will be able to:
- Learn how to develop high-performance purchasing organizations
- Develop strategic purchasing plans
- Discuss how to improve internal customer service
- Determine how to eliminate low value-added processes
- Be taught how to develop spend profiles
- Will be show analytics that to guide procurement strategies
- Explore many ways of reporting key performance indicators (KPI)
- See how to apply past supplier performance for better selection
- Be presented with the most important competencies for purchasing personnel
Who Should Attend?
The organization will benefit by:
- Contracts, Purchasing, and Project personnel
- Engineering, Operational, and Maintenance personnel
- And all others who are involved in the planning, evaluation, preparation, and management of tenders, awards, contracts, and purchases that cover the acquisition of materials, equipment, and services and who are in organizations whose leadership want high levels of competency in those involved in contracts and purchasing activities.
Course Outlines:
The 1st Steps to Becoming World Class
- 4 Stages To World Class
- Let’s be honest about how Purchasing is viewed today
- Strategic Sourcing
- Developing Spend Profiles and the ABC Analysis
- New Job Descriptions For Purchasing of the future
- Purchasing Personnel Required Skill Sets
Evaluating Your Own Operation
- What are the best Practices
- Purchasing Gap Analysis
- Vision and Mission for Purchasing
- Developing The Purchasing Department Strategic Plan
- Developing Key Performance Indicators (KPI) For Procurement
- Developing A Company Purchase Price Index
Continuous Improvement and How to Get It
- Cost Reduction Initiatives
- Methods of Cost Containment
- Waste In The Supply Chain
- Breaking Down The Elements Of Supplier Cost
- Commodity/Service Strategic Planning
- Resisting Price Increases
- Supplier Classification System
- Supplier Qualification Methods
- Supplier Performance Metrics
- Apply Performance to Purchasing Decisions
- Process Mapping To Eliminate Low-Value Activities
- eProcurement
Improving the Image of Procurement
- Global Sourcing
- International Labor Rates Comparison
- Developing And Maintaining A Customer Focus
- Basic Issues In Corruption And Fraud Prevention
- Increasing The Level Of Procurement Professionalism
- Keeping Current in the profession