Project, Contract

Training Course: Contracts and Purchasing for Contracts Managers


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PC235218

19 - 23 May 2025

London (UK)

Hotel : Landmark Office Space - Oxford Street

Cost : 5250 € Euro

Introduction:

The Contracts and Purchasing training program is designed to provide Contracts Managers with a comprehensive understanding of the entire procurement cycle. In today's dynamic business environment, effective contract management and purchasing strategies are essential for organizational success. This program will equip Contracts Managers with the knowledge and skills required to manage contracts, negotiate effectively, and optimize procurement processes.

Target Audience:

This training program is specifically tailored for Contracts Managers, Procurement Managers, and professionals responsible for contract management and purchasing within their organizations. It is suitable for both newcomers to the field and experienced practitioners looking to enhance their skills.

Objectives:

By the end of this training program, participants will be able to:

  • Understand the fundamentals of contract management and purchasing.

  • Create, review, and manage contracts effectively.

  • Implement best practices for supplier selection and evaluation.

  • Negotiate contracts to achieve favorable terms and conditions.

  • Optimize procurement processes to reduce costs and enhance efficiency.

Outlines:

Day 1:

Introduction of Contract Management and Purchasing

  • Introduction to contract management and purchasing.

  • Key principles of contract law.

  • The role of Contracts Managers in the organization.

  • Legal and ethical considerations in procurement.

Day 2:

Contract Development and Management

  • Contract lifecycle management.

  • Creating, reviewing, and amending contracts.

  • Risk assessment and mitigation in contracts.

  • Contract administration and compliance.

Day 3:

Supplier Selection and Evaluation

  • Methods for supplier identification and evaluation.

  • Supplier qualification and performance metrics.

  • Vendor assessment and rating.

  • Developing supplier relationships.

Day 4:

Contract Negotiation and Optimization

  • Negotiation strategies and tactics.

  • Contract negotiation process.

  • Terms and conditions negotiation.

  • Cost optimization and value creation.

Day 5:

Procurement Process Optimization

  • Procurement strategies and methodologies.

  • Cost reduction and efficiency enhancement.

  • Inventory management and supply chain optimization.

  • Technology tools and systems in procurement.

Project, Contract

Training Course: Contracts and Purchasing for Contracts Managers


Register Now
Quick Inquiry
Discount Group Download Brochure (36)

PC235218

19 - 23 May 2025

London (UK) - Landmark Office Space - Oxford Street

Hotel : Landmark Office Space - Oxford Street

Cost: 5250 € Euro


  About London

The UK capital of London is a city that combines the old and the new. It is as equally famous for the latest fashion and innovation as it is for its impressive heritage. London's attractions range from the Royal Palace to the DIY atmosphere of its markets. It is also a picturesque city of parks and of course, the majestic Thames River. The city extends for miles beyond its ancient core and each neighborhood has its own charming atmosphere for visitors to explore. London also wears its status as a world city proudly and the influence of different cultures is plain to see in the food and fashion of the capital.


  Things to do and places to visit in London

With so many attractions in London, anyone can find something to delight them. Art lovers will enjoy the world-renowned museums and galleries, most of which are free. Sports fans are spoilt for choice by the city's array of football clubs. Theatre and music fans have a vast list of venues to visit, whilst shopaholics have Harrods, Oxford Street, Camden and much more to look forward to after arranging flights to London.

Some unmissable London attractions include:

  • Seeing priceless masterpieces in the Tate Britain or the National Gallery.
  • Watching the changing of the guard at Buckingham Palace.
  • Visiting Trafalgar Square's famous monument.
  • Marveling at the Crown Jewels in the Tower of London.
  • Getting a bird's eye view of the city from the London Eye.
  • Tasting one of Brick Lane's famous curries.
  • Browsing the exclusive shops of Knightsbridge.
  • Visiting a market – Spitalfields for antiques, Camden for clothes or Borough Market for street food.
  • Admiring design from around the world in the Victoria and Albert Museum.
  • Looking for clues at the home of fiction's most famous detective, Sherlock Holmes.
  • Strolling through one of the lovely parks, including Hyde Park, St James' Park or Kew Gardens.
  • Eating Britain's most famous dish, fish and chips.
  • Watching the street performers in Covent Garden.
  • Enjoying the views at a South Bank cafe.
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