Good & Best Procurement Practices: Improving Workflow & Preparing Organization for E-procurement PetroTech
Price: For 12 Day 3750

    Course details

    In this program you will learn about...

    This comprehensive program empowers participants with the: Current Best Practices in Key areas of Procurement.

    Last few years have seen the greatest transformation in Procurement Tendering practices than had happened in the last 100 years.  

    Quality Assurance, TQM, IT and E-Procurement Business Models have evolved that have dramatically increased procurement effectiveness and reduced procurement costs to upto 10% of what they used to be!! (900% savings on 95% of procured items). Experience of the leaders tell full story:  British Telecom, BP, Oil Producers and Refiners, Utilities, Automobile Giants all have implemented Procurement Systems to dramatically make similar saving. 

    This program also prepares you for

    • Improving your Current Workflow to bring it in line with Industry Best Practices and
    • Preparing to Implement E-Procurement in your organization.

    A Must-Attend program for Procurement and Management Staff. A great opportunity to exchange ideas with other procurement professionals from your area.

    Program Content

    Week 1

    Understanding Organization Procurement Objectives

    Understanding Organizational Procedures

    Legal Contractual Understanding for Procurement Professionals

    Understanding Customer Expectations from Procurement

    • Internal Customers

                 - User Departments

                 - Management

    • External Customers
    • Ultimate Users

    Step-by-Step Quality Implementation Methodology

    • Meeting the Customer's Stated Needs
    • Meeting the Customer's Real Needs
    • Meeting the Customer's Expectations
    • Exceeding the Expectations of Customers

    Good and Best Practice Procurement Processes

    • Competitive
    • Non Competitive Procurement

    Procurement Prequalification Process

    Week 2

    • Quality Assurance & Customer Satisfaction Processes
    • 4M + C Analysis of Procurement Processes

                 - Core Processes

                 - Analyzing Processes & Establishing Controls

                 - Workflow Improvement

    • Continuous Improvement of Procurement Processes
    • E-Tendering to Reduce Cost, Reduce Cycle Times and Improve Productivity
    • E-Procurement Strategies for Dramatically Reducing Procurement Costs and Cycle Times
    • Vendor Development Processes
    • Long-Term Procurement Relationships with Suppliers
    • Negotiated Contract Process Analysis
    • Win-Win Dispute Negotiation and Settlement in Procurement
    • Building a Procurement Section Knowledge Base
    Updated on 28 June, 2016

    About PetroTech


    The adage that “knowledge” is power holds very true in this industry. In order to maximize results we are constantly updating and upgrading ourselves. This commitment to ongoing skills development is one of the reasons we are success, the belief that there is a “better way to do things” is what motivates us each and every day. By aligning with us you are going to benefit from our years of expertise in real world scenarios. Classroom learning is great but there is no substitute to real world experience which is what we are bringing to the table.


    Billionaire investor Warren Buffett said “price is what you pay but quality is what you get” and that expression is very true. With use we understand that your time is very valuable and you only want the best and most current industry related knowledge which is what we bring to the table.  Instead of giving you massive amounts of inaccurate or outdated information you get precisely what you want, the most current knowledge so you can make truly informed decisions that will directly impact productivity and your bottom line. When results are what you are looking for then the choice is clear, we are your partners in success.


    Technology has revolutionized the way knowledge is disseminated in throughout the world, what use to take months or even years to reach the masses can be done in a few hours ! In order to remain relevant and viable we need to embrace innovations. The challenge with innovation is knowing when to implement it and what type of return you can expect from it. Instead of risking your time and resources we have the answers for you, Since we are at the vanguard of the industry whenever there is a fruitful innovation we will be there providing you with the information needed to make the right decision.


    We understand you may have unique need so we provide a tailored made (bespoke for our U.K. friends) approach that will address your questions in the most conducive manner possible.  Respect to us means putting your interests, your needs at the forefront of our mind. You will see how genuine we are and that you not just “some customer” you are our partner in success just as much as we are your partner in success. We firmly believe in the “golden rule”, treat others with graciousness, courtesy and respect.  Come experience the difference that quality and respect makes and you will truly be amazed.

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