Advanced Strategic Procurement Planning, Tendering, Bidding & Award Management
5 Day Training
Locations: Grayston Ridge Office Park, Sandton
Platform: Available In-Class / Online
Price: Available on request
Course Introduction
A Procurement planning proves to be the essential part of project management process. The procedure necessitates an exhaustive arrangement of applicable methods that are used for procuring raw material and goods and in turn support the entire manufacturing process. Procurement professionals are prompted to make accurate and reliable contracting decisions, starting from announcing the tender to evaluating the bidders and selecting the supplier. Advanced strategic Procurement Planning, Tendering, Bidding & Award Management workshop is specifically designed for the professionals in procurement and related fields. The program covers the key elements of procurement planning, tendering and bid management process in depth. Hereby, it fully supports the need of the specialist in the stated fields through providing the essential skills and contemporary tools and techniques crucial for carrying out assigned job duties effectively.
Course Objectives
By the end of the Advanced strategic Procurement Planning, Tendering, Bidding & Award Management program, participants will be able to:
The detailed and thorough understanding of all aspects of procurement planning, tendering and bid management.
The quality knowledge regarding the best practices, practical tools and techniques used in Procurement Planning & Bid Management process.
Advanced Skills and capabilities to lead and be in charge of the bidding process.
Comprehension of various procurement methods and matching skills for different satiations and circumstances.
Mastery of the procurement & tendering risk assessment, mitigation, and evaluation activities.
Who should attend?
Procurement professional, Managers and Officers
Snr members and Executives
Vendors and Suppliers
Contract Professionals and Administrators
Supply chain professionals
Training Methodology
Our diverse instructional approaches ensure effective learning:
– Lectures & Presentations: Engage with expert-driven, stimulating content.
– Course Material: Access well-crafted supporting resources.
– Group Work: Collaborate on discussions and case studies for practical insights.
– Workshops & Role-Play: Participate in immersive, scenario-based activities.
– Practical Application: Focus on applying theoretical knowledge in real situations.
– Post-Training Support: Receive extensive support after training for skill implementation.
Training Outline
Module 1
Essentials of strategic Procurement Planning, strategic sourcing, and supply management.
Contemporary trends affecting procurement planning and supply management.
Positioning of strategic procurement
The principles of strategic procurement
The role and structure of purchasing department.
Factors affecting procurement.
Transformational leadership in procurement.
Module 2
Developing commodity strategy
Types of procurements methods
Designing sourcing/outsourcing strategy
Open & Restricted Tendering
Request for Proposals (RFPs) & Request for Quotations (RFQs)
Pre-qualification and issuing the ITT.
Module 3
E-Procurement techniques
Two-stage Tendering
Analysing Tendering risks
Internal Needs Analysis
Assessing Supplier Market & Collecting Information
Determining the Bidding Processing within the organisation.
Module 4
Types of Bidding: Rules Based, Positional, Portfolio Based.
Essentials of Effective Bid Management and tips for success
Bidding process and supporting documents
The purpose of the Bid Evaluation
Best Practices for Bid Evaluation
The selection of the Bidders.
Module 5
Awarding the Contract
Rejecting the Bidders
Contract Terms and Conditions
Mastering the negotiation skills and ethics
Frequent mistakes in Negotiations
Persuasion methods and interaction strategies
Module 6
Contract types: Lump Sum, fixed price, Cost reimbursement, Measurement & Industrial Specific.
Contract Award Management
Forming the contract
Making modifications in the contract
Performance management, monitoring & Evaluation
Contract Termination
Module 7: Conflict of Interest in Procurement
Understanding Conflict of Interest
Identifying potential sources of conflict in procurement
Legal and ethical considerations in conflict of interest
Strategies to prevent and manage conflicts of interest
Case studies and real-world examples
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