Procurement and Contract Management Essentials Training Course

Procurement professionals often deal with a myriad of activities from developing sourcing strategies to negotiating contracts and managing supplier relationships.  The skills required to perform their roles effectively are therefore just as wide-ranging.  Procurement professionals are expected to be good communicators and project managers, have sound commercial and financial awareness and be great influencers and negotiators.

The contract management improve the performance and confidence of staff directly involved in managing supplier contracts.

This 2-day training course is designed to help those new to procurement to develop a holistic understanding of the procurement lifecycle and a comprehension of its individual stages, along with equipping delegates with basic procurement tools and skills to confidently embark on a career in procurement. It also provides a detailed understanding of the contract management lifecycle and how to establish a robust contract management process.

Outcomes

• explain their role and the role of others in managing supplier contracts
• structure their approach to managing contracts and negotiate with suppliers
• manage and facilitate improved contract performance through sound procedures and motivation of supplier personnel
• manage supplier performance making effective use of review meetings and other approaches
• make a professional impact in their relationships with suppliers and other stakeholders
• provide input to and utilise the written contract in their management of contracts
• deliver tangible improvements and benefits from their supply contracts
• understand the key terminologies used within procurement
• apply key procurement tools to make a difference within their role
• understand the importance of supplier management, for example, to ensure maximum value is received
• confidently engage with suppliers and stakeholders