Introduction:

Welcome to the Procurement Process Management training program, meticulously designed by Global Horizon Training Center. As a renowned institution committed to excellence in professional development, we bring you a comprehensive training initiative tailored to enhance your skills and proficiency in procurement processes.

Objectives:

• Understand Procurement Fundamentals

• Master Procurement Lifecycle

• Compliance and Ethical Practices

• Supplier Relationship Management

• Cost Management and Negotiation

Target Audience:

This program is designed for professionals involved in procurement, including:

• Procurement Managers

• Supply Chain Managers

• Purchasing Officers

• Project Managers

• Contract Managers

• Anyone involved in the procurement process

Outlines:

Day 1: Procurement Fundamentals

• Introduction to Procurement

• Importance of Procurement in Organizational Success

• Key Concepts and Terms in Procurement Management

Day 2: Procurement Lifecycle

• Need Identification and Planning

• Sourcing and Supplier Selection

• Contracting and Negotiation

Day 3: Compliance and Ethics

• Legal Framework in Procurement

• Ethical Considerations in Procurement

• Consequences of Non-compliance

Day 4: Supplier Relationship Management

• Supplier Evaluation and Selection

• Collaborative Supplier Relationships

• Managing Supplier Performance

Day 5: Cost Management and Negotiation

• Cost Estimation and Budgeting

• Negotiation Strategies and Techniques

• Case Studies and Practical Applications