The purpose of the broader training program is to educate staff of the purchasing and procurement departments in methods and techniques for purchasing essential materials or services to increase productivity and modernize the company’s processes
Training Need
The need for designing and implementing the program has arisen due to the necessity of creating procurement departments aimed at reducing purchasing costs while ensuring maximum efficiency from the materials or services required for an organization or business to operate.
Training Objectives
Knowledge Level:
- To name the basic principles of Procurement for the effective securing of required resources.
- To explain the fundamental principles, policies, techniques, and rules governing contracts.
- To describe the negotiation process for an agreement.
- To define the commercial importance of an efficient Procurement department for effective Cost Management.
Skills Level:
- To utilize modern tools to achieve cost reduction in purchases.
- To create supplier evaluation procedures (project budgeting, technical specifications, contract terms, etc.).
- To select appropriate suppliers based on criteria for Materials & Services Procurement.
- To negotiate terms and conditions in contract formation.
- To monitor the renewal, modification, or completion timing of agreements.
- To analyze the advantages and benefits of domestic and other foreign partners.
Attitude Level:
- To adopt Procurement strategies for the timely delivery of Quality Products and Services.
- To demonstrate flexibility in negotiating a contract.
- To reject inadequate agreements (or unfavorable proposals for the company).
- To be willing to adopt a Supplier/Partner Code of Ethics.
Candidate Description for Participation
The program is aimed at all executives who make up an organization or business in positions that need to make decisions regarding the procurement of materials or services. Additionally, the program is also intended for the unemployed.
