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Mastering Procurement; A Step-by-Step Guide to Ensuring Total Risk Coverage

Mastering Procurement; A Step-by-Step Guide to Ensuring Total Risk Coverage

$199.00
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Mastering Procurement: A Step-by-Step Guide to Ensuring Total Risk Coverage



Course Overview

This comprehensive course is designed to provide participants with a thorough understanding of the procurement process, from planning to contract close-out. With a focus on total risk coverage, participants will learn how to identify, assess, and mitigate risks associated with procurement activities.



Course Objectives

  • Understand the procurement process and its importance in organizational success
  • Identify and assess risks associated with procurement activities
  • Develop strategies for mitigating procurement risks
  • Learn how to create effective procurement plans and contracts
  • Understand the importance of supplier management and relationship building
  • Develop skills in procurement negotiation and conflict resolution


Course Outline

Module 1: Introduction to Procurement

  • Defining procurement and its importance in organizational success
  • Understanding the procurement process
  • Identifying procurement risks and opportunities
  • Overview of procurement strategies and tactics

Module 2: Procurement Planning

  • Developing a procurement plan
  • Defining procurement requirements
  • Identifying and evaluating suppliers
  • Creating a procurement schedule
  • Establishing a procurement budget

Module 3: Risk Management in Procurement

  • Identifying and assessing procurement risks
  • Developing strategies for mitigating procurement risks
  • Understanding risk management tools and techniques
  • Creating a risk management plan
  • Implementing risk management strategies

Module 4: Contract Management

  • Understanding contract law and regulations
  • Creating effective contracts
  • Managing contract performance
  • Resolving contract disputes
  • Contract close-out and evaluation

Module 5: Supplier Management

  • Understanding supplier relationships
  • Developing a supplier management plan
  • Building and maintaining supplier relationships
  • Evaluating supplier performance
  • Managing supplier risks

Module 6: Procurement Negotiation and Conflict Resolution

  • Understanding negotiation principles and strategies
  • Developing negotiation skills
  • Managing conflict in procurement
  • Resolving disputes and claims
  • Creating a negotiation plan

Module 7: Procurement Ethics and Compliance

  • Understanding procurement ethics and compliance
  • Developing a code of ethics
  • Ensuring compliance with laws and regulations
  • Managing procurement risks and opportunities
  • Creating a compliance plan

Module 8: Procurement Technology and Tools

  • Understanding procurement technology and tools
  • Developing a procurement technology plan
  • Implementing procurement software and systems
  • Managing procurement data and analytics
  • Creating a procurement technology strategy

Module 9: Procurement Performance Measurement and Evaluation

  • Understanding procurement performance measurement and evaluation
  • Developing a procurement performance measurement plan
  • Creating procurement metrics and benchmarks
  • Evaluating procurement performance
  • Creating a procurement performance report

Module 10: Advanced Procurement Topics

  • Understanding advanced procurement topics
  • Developing a procurement strategy
  • Creating a procurement roadmap
  • Implementing procurement best practices
  • Creating a procurement maturity model


Certificate of Completion

Upon completion of this course, participants will receive a Certificate of Completion issued by The Art of Service.



Course Features

  • Interactive and engaging content
  • Comprehensive and up-to-date material
  • Personalized learning experience
  • Practical and real-world applications
  • High-quality content and expert instructors
  • Certification upon completion
  • Flexible learning options
  • User-friendly and mobile-accessible platform
  • Community-driven and interactive discussion forums
  • Actionable insights and hands-on projects
  • Bite-sized lessons and lifetime access
  • Gamification and progress tracking
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