- Payment Terms: Enquire
- Locations: Dubai Riyadh Istanbul England - United Kingdom Kuala Lumpur Singapore Barcelona Manhattan - United States
- Duration / Course length: 5 Days
- Starting Date: Enquire About It
- Timings: Enquire
Course details
Course Introduction:
Learn the critical processes of vendor selection and tender management, covering how to evaluate bids, select suppliers, and manage tendering processes to achieve the best value for your organisation.
Course Outcomes:
Describe the procurement cycle and contract management life-cycle
Design and manage specifications and scope
Define criteria and select the right supplier/contractor
Manage the complete tendering process
Define evaluation and award criteria
Manage the tender negotiation phase
Document the contract award procedures
Who Should Attend:
Contract management personnel
Purchasing executives, senior managers, and professional staff from supply chain management, logistics and inventory planning and control
General managers wanting to understand the procurement function
Project managers involved in plant and equipment development projects
Technical personnel involved in performance specification of plant and equipment
Engineering planners working with complex maintenance material requirements
Quality managers seeking to understand how supply contracts are managed
Course Topics:
The Procurement Cycle
Procurement key principles
Understand the various stages and key steps of procurement
Formulating the procurement strategyAlignment of strategic goals with procurement goals
Identification of key stakeholders in the procurement process
Analysing the business needs and requirements
Needs recognition
Gathering requirements
Identification of specific needs
Developing the specific statement of requirements
Essential elements of the scope of work
Defining the sourcing options
Developing the Approved Supplier List
Implementing a robust and viable supplier assessment
Setting the assessment criteria
Supplier qualification screening process
Determining the selection and award criteria
The Tendering and Solicitation Process
The various stages of the tender procurement process from notice to award
The tendering documents and their specific meanings PIN EOI PQQ RFI ITT/ RFP/RFQ
Developing tender and evaluation criteria
Developing the award criteria
Managing the complete process
Selection Negotiation and Contract Award
Tender opening and the legal process
Managing the evaluation
Presentations interviews and visits
Tender Negotiations
Contract award procedures
Eligibility / Requirements
N/A
About LCT International
LCT International is a premier provider of executive education, delivering world-class training and consultancy solutions to international governments, corporations, and professionals worldwide. With a legacy of excellence, innovation, and impact, we help professionals and organizations develop the skills, strategies, and leadership capabilities needed to thrive in today’s dynamic global economy.
Our programs are designed to bridge the gap between theory and practice, ensuring that every learning experience translates into real-world success. Whether you’re a senior executive, aspiring leader, or organization seeking to upskill your workforce, LCT International provides cutting-edge training tailored to your specific needs.
Why Choose LCT International?
- Global Recognition & Expertise – With a strong legacy in professional development, we have trained leaders from over 500 organizations across 100+ countries, making us a trusted name in executive education.
- Tailored Learning Solutions – Our programs are designed to meet the evolving needs of industries, ensuring practical, results-driven learning that enhances careers and strengthens organizations.
- Industry-Leading Faculty – Learn from renowned experts and practitioners with decades of experience in leadership, finance, HR, operations, and strategic management. Our trainers bring real-world insights and case studies to every session.
- Flexible Training Formats – Whether you prefer onsite sessions in global locations, immersive executive retreats, or live virtual training, we offer seamless learning experiences that fit your schedule.
- A Legacy of Excellence – Formerly London Corporate Training (LCT), we have evolved into LCT International, reinforcing our commitment to expanding global access while maintaining our rich heritage of quality education. This transition reflects our continued dedication to offering enhanced learning experiences that cater to professionals worldwide.
- Practical & Impactful Learning – We go beyond theoretical training by integrating interactive workshops, real-world case studies, and hands-on simulations, ensuring that participants can apply what they learn immediately in their professional environments.
Our Areas of Expertise
- Leadership & Strategic Management – Executive leadership, corporate strategy, decision-making, and change management
- Finance & Banking – Financial risk management, corporate finance, investment strategies, and international banking
- Human Resource Management – Talent management, organizational development, performance management, and employee engagement
- Operations & Project Management – Agile project management, supply chain optimization, and operational excellence
- Marketing & Business Development – Digital marketing, brand management, customer experience, and market expansion strategies
- Public Sector & Government Training – Policy development, governance, and regulatory compliance
At LCT International, we don’t just teach – we transform careers, empower professionals, and drive organizational success.
Take the next step in your professional growth!
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