An Intensive 5-day Training Course
Best Practice and Principles of Procurement
CLASSROOM DATES
INTRODUCTION
This EuroMaTech Best Practice and Principles of Procurement training course will provide you with a good understanding of the best practice principles of developing and agreeing on specifications for goods or services, use a range of proven models and methods used in supplier selection and master of the basics of negotiations.
It will help you to contribute to purchasing projects professionally and to obtain increased value and performance from your suppliers
This EuroMaTech training course provides both strategic and tactical insights into:
- Choosing the right suppliers, prequalification & its importance
- Price, Cost analysis (TCO) and decision making
- Negotiation: Planning, strategy and methods
- Purchase order/Contract terms and its importance
- Incoterms and their application & basics of Letter of Credit
TRAINING OBJECTIVES
By the end of this EuroMaTech training course, you will have the:
- Ability to select competent suppliers through re-qualifications;
- Understanding Total Cost of Ownership in purchasing decision;
- Ability to adopt the strategy and methods in planning and executing negotiations with suppliers;
- Ability to ensure all obligations strictly addressed in the RFQ and communicated clearly to suppliers.
- Understanding of Incoterms and their application in compliance with Letters of credit
WHO SHOULD ATTEND?
This EuroMaTech training course is suitable to a wide range of professionals but will especially benefit:
- Manager, team leaders and department heads who want to learn purchasing techniques
- Team leaders, supervisors, section heads and managers who to have to work with suppliers
- Supply Chain and transport executives
- Safety and security professionals purchase equipment
- Anyone who wants to cut costs and get value for money
TRAINING METHODOLOGY
This EuroMaTech Best Practice and Principles of Procurement training course will combine presentations with interactive practical exercises, supported by video materials, activities and case studies. Delegates will be encouraged to participate actively in relating the principles of transport management to the particular needs of their Organisation.
TRAINING SUMMARY
This EuroMaTech Best Practice and Principles of Procurement training course focuses on the common “gaps” in performance that must be filled in order for Purchasing Management to provide the continuous improvements needed for organizations to meet their strategic objectives.
Further, this training course encourages everyone how to be proactive rather than reactive in procurement activities and how to be working on the “right” things that display Purchasing’s creativity, flexibility, and supply market knowledge. It establishes how to provide and measure purchasing contributions to the organization so that this critical function can be elevated as a core organization competency.
ACCREDITATION
EuroMaTech is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
Euromatech is a Knowledge & Human Development Authority (KHDA) approved training institute in Dubai, licensed and approved to deliver training courses in the UAE.
The KHDA is the regulatory authority in the UAE, that oversees administering, approving, supervising, and controlling the activities of various education providers in the UAE. We are proud of our commitment to ensuring quality training courses and status as a KHDA-approved training provider.
FAQ
Do you provide assistance with hotel accommodation?
Yes, we can assist you with the following:
- Corporate Discount: If available, we can extend our corporate discount for your stay at selected hotels.
- Hotel Suggestions: We can provide recommendations for nearby hotels based on your preferences and budget.
Feel free to explore online booking platforms for the most cost-effective options.
Do you offer customized training for organizations?
Yes, we provide tailored training solutions designed to meet the specific needs of your organization. Customized courses can be delivered either in-person or online, and you can select the dates and duration that best fit your schedule. For more details, please contact us at [email protected]
What types of training formats do you offer?
We provide two flexible training formats to suit your preferences:
- Classroom Training: Experience in-person learning with expert instructors. Engage in interactive discussions, hands-on activities, and benefit from face-to-face networking.
- Online Training: Join live online sessions from anywhere, offering flexibility for those with busy schedules or who prefer remote learning.
- In-House Training: We can bring our training directly to your organization, allowing for tailored sessions that address your specific needs and objectives.
Can you assist with visa arrangements?
Yes, we can help by issuing an official Letter of Invitation once you’ve confirmed your training registration, which can assist in your visa application process.
Who will be the senior consultant leading the training?
We are happy to share the profiles of our expert instructors. To learn more about their qualifications and experience, please contact us [email protected]
