Procurement Management Professional 

Understanding the Strategic Performed by Procurement in Business

5 Found
Date Duration Venue Fees
03-07 Jun 2024 5 Days Dubai - UAE US$4,450 Register
26-30 Aug 2024 5 Days Dubai - UAE US$4,450 Register
04-08 Nov 2024 5 Days Dubai - UAE US$4,450 Register
16-20 Dec 2024 5 Days London - UK US$5,450 Register

Course Overview

This 5-day interactive Procurement Management Professional training course covers the end-to-end responsibilities of sourcing goods and services required by an organisation. The procurement management process will follow the business fulfilment cycle from request for Information to contract closeout, addressing award, receipt, inspection and approval of goods and services received from suppliers.

The cycle will touch on the various tools and techniques the professional will have and be required to follow to achieve the prime directive, on-time delivery of ordered goods or services. These will cover a range of responsibilities, including negotiation, supplier positioning, selection, and management, KPI performance measurement. The procurement management professional will have the capability and gravitas to manage the entire procurement process, ensuring that the overall level of performance is maintained to a high standard while meeting delivery timelines for the organisation.

It provides the knowledge and understanding of the spread of activities necessary for effective procurement management. It equips the participants with the capability to independently establish and deliver a seamless procurement management system for their organisation, aiding skills and potential to assume progressive roles and responsibilities complementing both the organisation’s success and, more particularly, their career ambitions irrespective of which industry segment or sector they may choose.

Course Objectives

On completion of this training course, the participants will be able to:

  • Understand the end-to-end procurement management processes and functions of the management of procurement
  • Develop a range of skills to source the best quality goods or services at the best value for money
  • Develop and maintain good relationships with suppliers to get high-quality goods at the best prices and on time
  • Become aware and knowledgeable of advanced procurement management analytical tools and matrices to enhance procurement efficiency
  • Know how to mentor departmental staff, peers and stakeholders on advanced procurement management concepts
  • Contribute to and drive organisational growth through the deployment of an enhanced procurement management function
  • Influence management and stakeholder support for suggested enhanced procurement strategies and tactics
  • Become an ambassador for the profession of Procurement Management

Target Audience

It is suitable for a wide range of working professionals, including (but not limited to) the following participants that have a direct involvement or exposure to the impact of procurement management: 

  • Procurement and Supply Management
  • Logistics Management
  • Operations Management
  • HSE Management
  • Finance Management
  • Project Management
  • Sales Management
  • Marketing Management

Training Methodology

The training course will primarily utilise a mixture of PowerPoint presentation material, video clips where applicable, participants’ internet research and facilitating classroom group activities where practical case studies can be understood and discussed. The methodology will also encourage participants to provide their experiences of risks experienced in their businesses. Participants’ feedback on taught materials will also be encouraged.

Course Outline

Day One

Overview of Supply Chain Management and Procurement Functions

  • 20 Questions for Procurement
  • Management, Strategic, and Operational
  • Supplier Relationship Processes
  • Risk Management
  • Supply Chain Resilience
  • Negotiation: The 4 Phased Approach
  • Contract Management
  • 10 Rules of Procurement
  • “To Do” List
Day Two

Procurement Planning and Implementation

  • Conduct an Internal Need Analysis
  • Spend Analysis
  • Assessing The Supplier Market: Kraljic, Mendelow, STEEPLED, SWOT Matrices
  • Procurement Leveraging
  • Collect Supplier Information
  • Develop a Sourcing and Outsourcing Strategy
  • Implement the Sourcing Strategy
  • Negotiate with Suppliers and Select the Winning Bid
Day Three

Procurement Integrity and Fraud

  • Procurement Integrity
  • CIPS Code of Ethics
  • Conflicts of Interests
  • Gratuities
  • Corrupt Influence
  • Collusion and Manipulation by Bidders
  • Billing Fraud
  • Delivery Fraud
Day Four

Areas of Key Performance Indicators of Procurement Officials

  • Inventory
  • Supplier Performance
  • Buyer Performance
  • International and Local Spend Analysis
  • Total Cost of Ownership
  • Procurement Iceberg
  • Stakeholder Management
  • Risk Mitigation
Day Five

Main Procurement Management Processes and Challenges

  • Procurement Value Circle
  • Planning Procurement Management
  • Conducting Procurement Management
  • Supplier-related Issues
  • Strategy Selection
  • Spend and Exposure
  • Reducing Costs and Achieving Savings
  • Maintaining Accurate Data


Upon successful completion of this training course, Newage Certificate will be awarded to the delegates.

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