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- Payment Terms: Enquire
- Locations: London United Kingdom
- Duration / Course length: 5 Days
- Starting Date: Enquire About It
- Timings: Enquire
Course details
Overview
Londontfe's advanced training course in Procurement and Contract Management is designed to provide participants with a comprehensive understanding of procurement processes contract negotiation techniques and risk management strategies. The course will cover key topics such as supplier selection contract formulation performance management and regulatory compliance aiming to equip participants with the skills necessary to effectively manage procurement and contractual relationships in a variety of industries.
Objective
Upon completion of this courseparticipants will be able to:
Understand the strategic role of procurement and contract management in an organization.
Apply best practices in supplier selectionevaluationand management.
Develop and negotiate contracts that optimize value and minimize risk.
Implement effective contract performance management techniques.
Navigate procurement and contract management regulatory and compliance requirements.
Identify and mitigate risks in procurement and contract management processes.
Utilize effective communication and negotiation skills in supplier and stakeholder relationships.
Who Should Attend
This course is suitable for professionals involved in procurement, contract management, and supply chain management, such as:
Procurement and Contract Managers
Supply Chain Managers and Executives
Commercial Managers and Executives
Legal and Compliance Officers
Project Managers and Team Leaders
Financial Controllers and Analysts
Business Development Professionals
Course Outlines
Day 1:Procurement Strategy and Supplier Selection
Introduction to procurement and its strategic role in organizations
Supplier selection process and criteria
Supplier evaluation and performance management
Industry-specific procurement considerations and best practices
Day 2:Contract Development and Negotiation
Contract types and key elements
Legal and ethical considerations in contract formulation
Contract negotiation techniques and strategies
Developing a win-win contract for all parties
Day 3: Contract Performance Management
Monitoring and managing contract performance.
Key performance indicators (KPIs) and metrics
Managing supplier relationships and communication
Performance improvement strategies and remedies
Day 4: Regulatory Compliance and Risk Management
Regulatory environment for procurement and contract management
Compliance requirements and best practices
Identifying assessing and mitigating risks in procurement and contracts
Developing a risk management plan
Day 5:Communication and Negotiation Skills for Procurement Professionals
Effective communication techniques in procurement and contract management
Negotiation skills and strategies
Managing conflicts and disputes in contractual relationships
Stakeholder management and engagement
Course Review
Job roles this course is suitable for:
Procurement Contract Managers , Supply Chain Managers , Executives , Commercial Managers , Legal Compliance Officers , Project , Managers , Team , Leaders , Financial , Controllers , AnalystsCourse Location
About London Training For Excellence
Empowering Professionals for Over a Decade
London Training for Excellence is a leading provider of professional development programmes, established in 2013. For over eleven years, we have been committed to equipping individuals and organisations with the skills and knowledge they need to excel in today's ever-evolving business landscape.
A Breadth of Expertise
We offer a comprehensive range of training solutions across a diverse set of industries, including:
- Artificial Intelligence (AI): Stay ahead of the curve with cutting-edge training on AI applications, machine learning and data analysis.
- Contact Management: Learn best practices for building and nurturing relationships, managing communication workflows and leveraging technology to optimise your outreach efforts.
- Engineering: Enhance your technical expertise and stay current with the latest advancements in various engineering fields.
- Finance and Legal: Gain a deep understanding of financial concepts, legal frameworks and compliance requirements.
- Human Resources: Navigate the complexities of HR practices, from recruitment and onboarding to employee relations and performance management.
- Leadership and Management: Develop your leadership skills, communication techniques and team-building strategies.
- Logistics: Optimise your supply chain operations and ensure efficient delivery of goods and services.
- Marketing and Sales: Develop effective marketing strategies, hone your sales skills and drive business growth.
- Oil and Gas: Gain specialised knowledge and skills relevant to the oil and gas industry.
- Project Management: Master the art of project planning, execution and delivery to ensure successful project outcomes.
Our Approach
At London Training for Excellence, we believe in delivering high-quality, interactive training programmes that cater to diverse learning styles. Our experienced instructors are industry experts who combine theoretical knowledge with practical application.
Flexible Learning Solutions
We understand that busy professionals require flexible learning options. We offer a variety of delivery methods to suit your needs, including:
- In-person training: provides more significant face-to-face interaction. In a classroom setting, attendees can connect in real-time. In-person training also offers more opportunities for group activities and interactive projects.
- Online Courses: Our comprehensive online courses allow you to learn comfortably in your working environment.
- In-Company Training: Tailor training programmes specifically for your organisation's needs and deliver them on-site for maximum impact and employee convenience.
Investing in Your Success
By investing in training and development with London Training for Excellence, you will gain the knowledge and skills necessary to achieve your professional goals and contribute to the success of your organisation.
Contact Us Today
Let London Training for Excellence help you unlock your full potential and drive positive organisational change. Contact us today to discuss your training needs and explore how we can empower your workforce for the future.
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