BEGIN:VCALENDAR VERSION:2.0 PRODID:-//wp-events-plugin.com//7.2.3.1//EN BEGIN:VEVENT UID:1834@x8ti.com DTSTART;TZID=Asia/Dubai:20260817T090000 DTEND;TZID=Asia/Dubai:20260821T130000 DTSTAMP:20260227T084440Z URL:https://x8ti.com/event/mastering-procurement-management-training-cours e-3/ SUMMARY:Mastering Procurement Management Training Course DESCRIPTION:Course Overview\n\nCertified Procurement Management Professiona l Course includes sourcing\, negotiation and selection of goods necessary for an organisation. A procurement management process defines how goods ar e selected and procured from suppliers. It covers to order\, receipt\, ins pection and approval of goods received from suppliers.\n\nA large influenc e in this process is the relationship one shares with suppliers and other vendors. What does a procurement management professional do?\n\nA procurem ent management professional possesses the expertise and experience to inde pendently and effectively manage the entire procurement process\, ensuring that the overall quality of goods is maintained at high standards while m eeting challenging timelines for manufacturing and customer delivery.\n\nT his course will empower you with knowledge and understanding of the entire gamut of activities necessary for effective procurement management.\n\nTh is course will equip you with the skillset to independently drive and esta blish a seamless procurement management system for your organisation\, dem onstrating your skills and potential to assume higher roles and responsibi lities supporting career progression.\n\nThe knowledge and information gai ned through this course will also help you contribute to the procurement p rocess across any industry\, thus empowering you to work in any industry.\ n\nCourse Objectives\n\nThe main objective of this Certified Procurement M anagement Professional Course is to empower professionals with—\n\n com plete knowledge and understanding of procurement management processes and functions of the supply chain management\n the understanding and experien ce to set up a seamless\, streamlined procurement management process for y our organisation\, showcasing your skills and potential to effectively man age higher roles and responsibilities\n effective negotiation skills to g et the best quality raw materials or goods at the best prices\n the neces sary skills to maintain good relationships with suppliers to get high-qual ity goods at the best prices and on time\n the required experience and kn owledge to source raw materials and goods from the best suppliers\n the a wareness and knowledge of advanced procurement management concepts to enha nce efficiency\n the knowledge and confidence to train other professional s on advanced procurement management concepts\n the potential and skill t o contribute to organisational growth through enhanced procurement managem ent\n\nTraining Methodology\n\ndevises training solutions to cater to a br oad audience. Before each training session\, the course is thoroughly revi ewed to check for relevance to the audience. Training is delivered by a hi ghly experienced professional in the relevant domain\, using audio-visual presentations.\n\nTrainee participation is encouraged through group assign ments and projects. Role-plays and relevant case study discussions enhance the relevance to the topic. Experiential learning is encouraged as well.\ n\nOrganisational Benefits\n\nBy professionals undertaking this Certified Procurement Management Professional Course\, organisations will derive the following benefits:\n\n A structured\, well-defined procurement process outlined to be followed by all professionals involved in procurement manag ement\n Effective procurement and transfer of raw materials and goods for effective and seamless manufacturing and delivery\n Application of advan ced concepts to the procurement management process to increase efficiency\ n Regular training of all professionals involved in the procurement manag ement process\, at no additional cost\n Procurement of goods at competiti ve prices as a result of the good negotiation skills of trained and experi enced professionals\n Increased credibility and dependability for procure ment and transfer of materials and goods because of enhanced supplier rela tionships\n Reduced risks and increased efficiency and productivity of em ployees handling various procurement functions\n Organisational growth be cause of trained\, certified professionals driving the procurement managem ent process\n\nPersonal Benefits\n\nProfessionals enrolling for this Certi fied Procurement Management Professional Course will benefit as follows:\n \n Complete understanding and knowledge of the procurement management pro cess\, start to end\n Increased knowledge and confidence to apply advance d procurement concepts to the existing process of one’s organisation to increase efficiency\, in turn demonstrating credibility and potential for higher roles and responsibilities\n Better understanding and skill to dev ise and document a seamless\, well-defined procurement process to be follo wed by all individuals involved in the procurement\n Increased confidence and knowledge to train other professionals on procurement management best practices\n The ability and capabilities to contribute to organisational growth through enhanced procurement management\, thereby securing one’s career growth and development within the organisation\n Enhanced knowled ge and understanding as well as the confidence to assume and successfully fulfil responsibilities across any industry\n Increased credibility and r ecognition of one’s capabilities because of a universally accepted certi fication\n Enhanced perspective\, foresight and strategic skills to make provisions to face and overcome future challenges and hindrances to the pr ocurement process\n\nWho Should Attend?\n\n Senior management of an organ ization who need to have complete knowledge and experience of the procurem ent process\n Individuals working in other functions of the supply chain and interested to move into the procurement process\n Any other employee of the organization involved in supplier interaction and negotiation for p rocurement of goods and/or services of some kind\n Managers and superviso rs of the procurement process responsible for overseeing operations\n Qua lity managers and auditors responsible for checking and ensuring adherence to quality standards for goods and material\n Any other professional int erested in knowing more about procurement management and a certification t herein\n\nCourse Outline\n\nThe Certified Procurement Management Professio nal Course covers the following areas important to become a procurement ma nagement professional:\n\nOverview of the Certified Procurement Profession al Exam\n\n History\n Scope\n Duration\n Validity\n Eligibility\n\nOv erview of Supply Chain Management and Procurement Functions\n\n Supply ch ain management activities\n Logistics and strategic cost management\n Ri sk management\n Negotiation strategies\n Contract management\n\nPrincipl es of Procurement\n\n Transparency\n Integrity\n Economy\n Openness\n Fairness\n Competition\n Accountability\n\nFour Main Procurement Manage ment Processes\n\n Planning procurement management\n Conducting procurem ent\n Controlling procurement\n Closing procurement\n\n Critical Procur ement Concepts\n\n Reverse auctions\n Procure to pay\n Source to pay\n\ nCritical Steps in the Procurement Process\n\n Conduct an internal needs analysis\n Assess the supplier market\n Collect supplier information\n Develop a sourcing/outsourcing strategy\n Implement the sourcing strategy \n Negotiate with suppliers and select the winning bid\n Implement a tra nsition plan or supply chain improvements\n\nStages of Procurement Maturit y\n\n Reactive\n Proactive\n Strategic joint value\n\nProcurement Plann ing and Implementation\n\n Spend analysis\n Kraljic matrix\n Supplier p erformance assessment\n Procurement leveraging\n Procurement software\n\ nNecessary Elements for a Procurement Plan\n\n Procurement team\n Item r equirements\n Supplier selection\n Bids and acceptance\n\nProcurement Fr aud\n\n Kickbacks and corrupt payment\n Corrupt influence\n Collusion/m anipulation by bidders\n Billing fraud\n Conflicts of interests\n Deliv ery fraud\n\ne-Procurement Value Chain\n\n Indent management\n e-Informi ng\n e-Tendering\n e-Auctioning\n Vendor management\n Catalogue manage ment\n e-Purchasing\n e-Ordering\n e-Invoicing\n e-Contract management \n\nResponsibilities of a Procurement Officer\n\n Staff supervision\n Pr oduct purchases\n Data handling\n Communication with suppliers\n Procur ement management plan creation\n Request for proposal and bid invitation preparation and release\n\nAreas of Key Performance Indicators of Procurem ent Officials\n\n Inventory\n Supplier performance\n Buyer performance\ n International/Local spend analysis\n\nProcurement Management Challenges \n\n Supplier-related issues\n Strategy selection\n Reducing costs/achi eving savings\n Maintaining accurate data\n Stakeholder management\n Ri sk mitigation\n Finding right tools\n Recruiting\, retaining and trainin g talent\n Managing requests for proposal/quotation process\n\n \; ATTACH;FMTTYPE=image/jpeg:https://x8ti.com/wp-content/uploads/2025/01/Scre en-Shot-2025-01-23-at-11.06.53-AM.png CATEGORIES:Procurement, Logistics and Supply Chain Management LOCATION:Dubai Training Courses\, Hilton Dubai Palm Jumeirah\, Dubai\, UAE\ , United Arab Emirates X-APPLE-STRUCTURED-LOCATION;VALUE=URI;X-ADDRESS=Hilton Dubai Palm Jumeirah\ , Dubai\, UAE\, United Arab Emirates;X-APPLE-RADIUS=100;X-TITLE=Dubai Trai ning Courses:geo:0,0 END:VEVENT BEGIN:VTIMEZONE TZID:Asia/Dubai X-LIC-LOCATION:Asia/Dubai BEGIN:STANDARD DTSTART:20250817T090000 TZOFFSETFROM:+0400 TZOFFSETTO:+0400 TZNAME:+04 END:STANDARD END:VTIMEZONE END:VCALENDAR