BEGIN:VCALENDAR VERSION:2.0 PRODID:-//wp-events-plugin.com//7.2.3.1//EN BEGIN:VEVENT UID:206@x8ti.com DTSTART;TZID=Europe/Madrid:20260810T090000 DTEND;TZID=Europe/Madrid:20260814T130000 DTSTAMP:20260227T085725Z URL:https://x8ti.com/event/government-procurement-4/ SUMMARY:Government Procurement DESCRIPTION:Course Overview\nWhat is a mini MBA in business?\n The Mini MB A course is a shortened version of the full MBA course that comprises the most relevant topics. This is available both\, for private businesses as w ell as for the public sector. As government procurement is fast becoming a central issue in legal and academic discussions\, it has attracted widesp read interest from stakeholders in academia and realpolitik.\n Why is gov ernment procurement important?\n Government procurement and related issue s are an indivisible part of the global economy. It demands significant in terest. Its regulation is vital in preventing a host of unscrupulous pract ices like corruption\, fraud or local protectionism.\n\nThe Mini MBA procu rement course for government professionals is an extensive training progra mme. Ii is modeled to meet up with the dynamics in leadership\, finance an d procurement strategies. Currently\, middle and senior managers are chall enged with the complex nature of “value chain management.” By using a strategic method to facilitate procurement\, the government can enjoy a co mpetitive advantage. This is done by maximizing benefits from expenses. Th erefore\, it is necessary for top professionals in the cadre of government circles to understand the elements and nuances that drive change strategi es. Ensuring cost efficiencies and achieving competitive procurement globa lly\, help greatly.\nCourse Objectives\nThe significant objectives of this course are to empower professionals to:\n\n Understand the goals of the acquisition process as it relates to compliance\, punctuality\, customer s atisfaction and the value for money\n Grapple with the necessary knowledg e of procurement in order to be in business advisory bodies\n Explain the differences between unethical and illegal activities and what makes stand ards of conduct appropriate\n Understand the nitty-gritty planning acquis ition as it involves analyzing contracting requirements\, competition plan ning and selection of sources\n Understand the essentials of contract for mation\, drafting solicitations\, evaluating quotes and contract allocatio n\n To know the hallmarks of administering contracts\, planning how contr act administration is successful\, supervising payment and contract qualit y\n\nTraining Methodology\nParticipants will be taught using programme mat erials\, watching videos\, engaging in group discussion and exercises. Par ticipants will also be taught procurement management knowledge and skills through case studies and experiential exercises. Role-plays are also intro duced as part of the training\, wherever applicable.\n\nThis is significan tly used in all its courses. We refer to it as the Do–Review–Learn–A pply Model.\nOrganizational Benefits\nWith professionals undertaking this course\, organizations will benefit in the ways mentioned below:\n\n Secu re practical knowledge in enhancing cost awareness in the value chain and impacting the bottom line\n Define sourcing strategies to be commensurate with the organization’s goals and missions\n Facilitate seamless commu nication in stakeholder management by understanding the necessary techniqu es in negotiation\n Encourage an innovative approach to the strategy of p rocurement\n Induce greater cooperation among stakeholders and build long -term supplier relationships\n Increase the capacity to specify and plan for procurement based on existing data and projection\n Analyze relevant methods in identifying and selecting suppliers\n Secure practical underst anding of expediting product orders to provide clarity on payment dates ot her and related issues\n\nPersonal Benefits\nProfessionals opting for this course will benefit in the ways mentioned below:\n\n Understand what str ategies connote in the context of government organizations to create and l ead change\n Understand the techniques in developing strategic thinking a nd innovation\n Increase the capacity to analyze problems through a criti cal problem-solving approach carefully\n Secure a sound understanding of developing robust service and capacity for level agreements\n Understand the legal implications when making critical government business decisions with financial management demanded in the government level of decision mak ing\n\nWho Should Attend?\nThe course is accessible to interested particip ants in any field related to public or government procurement. For instanc e:\n\n Legal practitioners interested in gaining a profound understanding on the legal procurement issues\n Government officials in any cadre look ing to understand governance\, ethics and corporate governance\n Finance professionals undertaking capital projects\n Project Managers\n Procurem ent Managers\n\nCourse Outline:\nThe course is divided into eight modules with a varying number of topical issues as can be seen below:\nAn Overview of Procurement\n\n History of Procurement functions\n The Objectives of the Public Procurement system\n Government Procurement v Private Sector Procurement\n An Analysis of European Union Procurement directives\n Int roduction to The Principles of Procurement\n Relationship between Procure ment and Development\n Corruption in Public Procurement\n Conflicts of I nterest and Bid Rigging\n\nStrategic Supply Chain Management\n\n Methods of Developing Corporate Strategy\n Corporate Strategy &\; Supply Chain \n Analysis of Strategic Supply Chain Management\n The Role of Global Su pply Market as a Source of Competitive Advantage\n The Relationship Among Various Models of Supply Chain Structures\n Meaning of Development and I mplementation of Support Strategy\n Risks Common with the Models of Suppl y Chain Structures and Relationships\n\n Governance and Ethics\n\n Meani ng of corporate governance\n Ethics and Ethical Behavior in governance\n Bribery in Procurement Measures.\n Analysis of the Conflicts of Interest s between Stakeholders\n Meaning of Collusion and Bid Rigging\n The Metr ics of Measuring Corruption\n International Institution Roles in fighting corruption\n The Significance and Constraint to Debarring Suppliers in P ublic Contracts\n\nFinance for Procurers\n\n Cost Models for Scenarios in Finance and Accounting\n Financial Information in Evaluating Supplier an d Service Providers\n The Variety of Finance and Accounting Terminology\n Tools and Techniques for Managing Finance in Procurement Strategy\n Man agement of Physical Assets and Debts\n Analysis of Contractors Financial Capability\n Meaning of Financial Risk Analysis\n Contract Negotiation a nd Methods\n\nCost Awareness and Financial Impact in The Value Chain\n\n Differences between Direct and Indirect costs\n Budgeting and Costing in The Value Chain\n The Cycle from Strategic Planning to Operating Plan\n Defining Fixed and Variable Costs\n Relation of Contribution Margin to Th e Value Chain\n\nNegotiation Models\n\n The Responsibilities of a Team le ader\n Collaborative vs Adversarial approach to negotiation\n Methods fo r Successful Contract Negotiation\n Negotiation Styles and methods\n Eff ective Communication Techniques in Negotiation\n Methods of Dispute Resol ution\n\nLeadership and Management\n\n Concept of a Team\n Advantages of Team-building\n Methods and Issues of team-building\n Team members’ r oles and responsibilities\n Qualities of a Good Team Leader\n Various Le adership Theories and Styles\n Methods of Incentivising Team Members\n\nR isk Management for Procurement and Supply\n\n Meaning of Risk and Risk Ma nagement\n Nature and Types of Risks in Procurement and Supply\n Risk Ma nagement in Procurement and Supply\n Potential Risks in The Cycle of Proc urement\n Meaning of Project Risk Matrix\n Methods and Contingency Plan to Overcome Risks\n The Role of Procurement Professionals in Managing Ris ks\n Effective Management of Risks in The Supply Chain\n\n \; ATTACH;FMTTYPE=image/jpeg:https://x8ti.com/wp-content/uploads/2024/09/Scre en-Shot-2024-09-09-at-12.42.34-PM.png CATEGORIES:Procurement, Logistics and Supply Chain Management LOCATION:Madrid Training Courses\, Santo Mauro\, a Luxury Collection Hotel\ , Madrid\, Madrid\, Spain\, Spain X-APPLE-STRUCTURED-LOCATION;VALUE=URI;X-ADDRESS=Santo Mauro\, a Luxury Coll ection Hotel\, Madrid\, Madrid\, Spain\, Spain;X-APPLE-RADIUS=100;X-TITLE= Madrid Training Courses:geo:0,0 END:VEVENT BEGIN:VTIMEZONE TZID:Europe/Madrid X-LIC-LOCATION:Europe/Madrid BEGIN:DAYLIGHT DTSTART:20260329T030000 TZOFFSETFROM:+0100 TZOFFSETTO:+0200 TZNAME:CEST END:DAYLIGHT END:VTIMEZONE END:VCALENDAR