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Procurement meaning for procurement officer

Procurement courses in Nigeria for Procurement specialist jobs in Lagos

Procurement and Supply Chain Management standards in business. The demand of expertise and professional Strategic Procurement and Supply Chain Management personnel is increasing day-by-day, so what is your ranking today?

It has now been established without any doubt whatsoever that lean supply chains and efficient procurement systems lead directly to increased bottom line profits.

Leading edge companies which successfully gain competitive advantage and which are able to implement immediate cost savings, are those which possess knowledgeable and skilful Procurement and Supply Chain Management professionals

Upon completion of this course, participants will be able to

  • Provide a working definition of value
  • Compare the various perspectives of value and understand that supply chain management enables companies to manage the trade-off between these perspectives
  • Identify the three ways to measure value: operational, customer, and financial
  • Explain the causes of non-value-added activities
  • Understand that supply chains increase net value by increasing value-added activities as well as minimizing non-value-added activities
  • Identify how supply chains create net value according to the three ways of measuring value.

Course Content

  1. Introduction to Supply Chain Management                                                                  
  • The Supply Chain Management perspective                       
  • How the process works for both Product and Service sectors
  • The role of the Logistics Manager in the Supply Chain
  • Types of Logistics
  • Being customer focused in the chain    
  • Supply Chain Management                                                                                       
  • Actual process of the Supply Chain
  • Major functions of the Supply Chain
  • The Supply Chain Structure
  • Supply Chain and Demand Chain
  • Supply Chain underlying Principles- the 4Cs
  • Dealer Management
  • The Bullwhip Phenomenon                                                                                 
  •  How smart are you?                                                           
  • Top 10 mistakes in Strategic Procurement and Supply Chain Management
  • Supply Chain Management Systems designs and Structuring
  • Procurement and Supplier development System 
  • Strategic Procurement and Supply Chain Forecasting techniques
  • Tactical/Departmental Forecasting Techniques
  • Operations Forecasting Techniques
  • Creating efficiency through Work Study
  • Delivering result via work measurement                                                                                                           
  • Supply Chain Management and Procurement Stakeholders Management for effective results                         
  • Elements of stakeholders Management
  • Understanding the Politics of Strategic Procurement
  • Stakeholders Analysis
  • Stakeholders Planning
  • Stakeholders Priotization techniques
  • Supply Chain Business process Management                                                     
  • Supply Chain Management Planning
  • Strategic Alignment for the Supply Chain Manager
  • Supply Chain  Management detailing technique
  • The Work Structure of Supply Chain Management
  • Supply Chain Planning work conversion method
  • Implementation  technique
  • SCM  Financial Management
  • Budget Forecasting
  • Budget development structuring
  • SCM  Master Budgeting
  • SCM Financial Performance management                                                                                         
  • Supply Chain/Procurement  Risk Management                                                           
  • Supply Chain/Procurement  Risk Auditing
  • Supply Chain  Risk Priotization and Categorization
  • Supply Chain/Procurement Performance Management
  • Introduction to Supply Chain and Procurement Management Electronic technology
  • E- Supply Chain Management/Strategic Procurement
  • ERP usage via Sage, J.D Edwards, SAP, Microsoft Dynamics e.t.c
  • Web based Supplier and Demand Management
  • What is Procurement?
  •  Strategic Fundamentals of a buyer
  • The 80:20 law of procurement Management
  • The nature of procurement
  • The Procurement Management Procedure
  • Project Appraisal and Analysis
  • Sourcing
  • Tendering
  • Types of Procurement methods
  • P2P
  • Centralized Procurement
  • Decentralized Procurement
  • Whole Life Procurement (TCO)
  • Bidding
  • The logistics of procurement in the Chain
  • The buyer’s influence on the Supply Chain
  • Common mistakes in Procurement Management and solutions
  • Procurement Cycle
  • Requirement to purchase
  • Plan the process
  • Prepare the documentation
  • Identify possible suppliers
  • Issue/Receive back the tender/quotation documentation
  • Evaluate the submissions
  • Negotiate
  • Award and place the contract
  • Delivery
  • Pay the supplier
  • Manage and monitor the contract
  • Review the process
3 (three) days

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