The 10-day Advanced Contracts and Purchasing Management

The effective expenditure of enormous sums of money and resources is dependent on successful purchasing and contract management activities.  Selecting and applying the appropriate skills and methodologies to ensure value for money and high quality delivery by suppliers, requires collaboration across all functions and a strong contractual underpinning of the supplier relationship.  It is essential to select the appropriate contracting models for creating and managing formal agreements with suppliers of goods and service to achieve successful outcomes. This 10-day Advanced Contracts and Purchasing Management training course is designed to:

• Explore the advanced skills to enhance performance in contract selection, development and management and in purchasing and procurement
• Enable participants to practice and develop their purchasing and contract skills
• Enable participants to develop appropriate sourcing and supplier management plans
• Help participants to begin immediate implementation of the steps needed to create total value for their organisation

This 10-day training course, comprises of two parts, as detailed below:

Module 1 - Advanced Contracts Management

Module 2 - Advanced Purchasing Management

Each module has been developed distinctly, such that it can can be attended as an individual 5-day training course. However, for optimum training outcome, participants are encouraged to attend Module 1 and Module 2, as a complete 2-week training course.

Training Objectives

• Understand the contract complexities that need managing
• Be more effective in contract management activities.
• Anticipate problems and manage risks
• Integrate contract management with contract needs
• Understand the best means of handling disputes and performance issues
• Development of appropriate strategies for delivering value
• Use appropriate methodologies for managing suppliers
• Use of tendering, negotiation and other techniques
• Enhance value obtained from suppliers
• How to measure and improve the performance of the Purchasing function
• Consider how the wider business environment effects procurement
• Consider the latest advances in Purchasing management