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Procurement and Tendering Best Practices, Fraud and Ethics

Procurement and Tendering Best Practices, Fraud and Ethics

SKU: PROCTENDER
How to strategise, manage and control the purchasing and procurement function for any business – private and public sector – ensuring a viable and cost effective operation that is ethical.
Purchasing and procurement is the engine room of every organization. Whether it is the purchases of cost of sales, inventories, overhead expenses and capital expenditure, there are costs and assets that has to be purchased efficiently and effectively to optimize returns and ensure that every business is getting value for money.
Cost of sales often represents 80% of sales, capital assets often represents 60% of total assets. Inventories that are not moving could cause cash flow problems.
Tendering plays a pivoted role in public sector procurement and has to be managed within a practical and cost effective environment.

  • WHY YOU SHOULD ATTEND

    KEY RESONS TO ATTEND:

    • Learn how to set up an effective procurement function.
    • Develop key performance indicators and key result indicators for the procurement function.
    • Learn how to do a procurement and tendering due diligence audit.
    • Understanding procurement legal documentation to protect your business.
    • Identifying the red flags in procurement mismanagement and fraudulent practices.
    • Developing a procurement dashboard.
    • Ensuring that the tendering process is cost effective, legal and in the best interest of the organization.
    • Using best practices procurement tools
    • Gaining a new perspective on procurement and tendering.
    • Network with like-minded executives with similar procurement challenges.
    • Procurement Due Diligence
    • Understand procurement documentation and legal implications
    • Understand the supply chain
    • The implication of the Consumer Protection Act in procurement and tendering
    • Procurement Risk Management
    • Procurement fraud detection and prevention
     

    Get started today!

  • COURSE OPTIONS

    Public Classes | In-house customised sessions 

  • BOOK YOUR SEAT

    Booking or email us

  • WHO SHOULD ATTEND

    Company buyers, procurement managers, chief procurement officers, financial and management accountants, stock controllers, fixedasset managers, product managers, expense controllers, general managers, etc, any person involved with procurement and wants tolearn how to control costs and expenses.

  • COURSE OUTLINE

    DAY 1: PROCUREMENT FUNDAMENTALS, PROCESSES AND SUPPLY CHAIN

    SESSION 1: IMORTANCE OF PROCUREMENT

    • CHALLENGES OF PROCUREMENT
    • DEFINITION OF PROCUREMENT
    • PROCUREMENT AND THE BUSINESS MODEL
    • PROCUREMENT POLICY
    • PROCUREMENT APPLICATIONS
    • PUBLIC SECTOR vs PRIVATE SECTOR PROCUREMENT
    • WORKSHOP CASE STUDY

     

    SESSION 2: PROCUREMENT FUNCTION IN THE ORGANISATION

    • ORGANOGRAM
    • C-TEAM AND PROCUREMENT
    • PROCUREMENT FUNCTION
    • PROCUREMENT COMMITTEE
    • CPO JOB DESCRIPTION
    • AUTHORITY LEVELS
    • WORKSHOP CASE STUDY

     

    SESSION 3: PROCUREMENT PROCESS AND DECISIONS

    • PROCUREMENT MANAGEMENT MODEL
    • PROCUREMENT CYCLE
    • PROCUREMENT DECISIONS
    • OUTSOURCING
    • PROCUREMENT FRAMEWORK
       


    SESSION 4: SUPPLY CHAIN MANAGEMENT (SCM) AND SUPPLIER RELATIONSHIP MANAGEMENT

    • SCM POLICY
    • SCM BUSINESS ACTIVITIES AND BUSINESS SECTORS
    • SCM AND THE CONSUMER PROTECTION ACT
    • SCM AND BUSINESS PROCESS INTEGRATION
    • SCM AND QUALITY MANAGEMENT SYSTEMS
    • CAVEAT EMPTOR …CAVEAT VENDITOR
    • SUPPLIER DUE DILIGENCE
    • CHOOSING THE RIGHT SUPPLIERS
    • SUPPLIER RATING
    • WORKSHOP CASE STUDY

     

    DAY 2: TENDER MANAGEMENT, FRAUD AND ETHICS

    SESSION 1: TENDER APPLICATIONS AND DOCUMENTATION

    • TENDERS AND PROCUREMENT
    • PURPOSE OF TENDERS
    • TYPES OF TENDERS
    • TENDER PROCESS
    • TENDER LAW
    • TENDER DOCUMENTATION
    • WORKSHOP CASE STUDY

     

    SESSION 2: TENDER FRAUD AND ETHICS

    • FRAUD AND CORRUPTION
    • TENDER RED FLAGS
    • HOW TO SPOT AND STOP PROCUREMENT AND TENDER FRAUD
    • TENDER SECURITY
    • ETHICAL PROCUREMENT
    • WORKSHOP CASE STUDY

     

    SESSION 3: TENDER DUE DILIGENCE, TENDER EVALUATION AND MANAGEMENT

    • TENDER DUE DILIGENCE
    • HOW TO PREPARE A WINNING BID
    • TENDER ADJUDICATION
    • COST BENEFIT ANALYSIS
    • ROLE OF TENDER COMMITTEE
    • PROCUREMENT AND TENDERING RATING
    • PROCUREMENT MANAGEMENT DASHBOARD
    • WORKSHOP CASE STUDY

     

    SESSION 4: PROCUREMENT PERFORMANCE REPORTS

    • PROCUREMENT PLAN AND BUDGET
    • PROCUREMENT COST CONTROL
    • PROCUREMENT AND VALUATIONS
    • PROCUREMENT DAILY CONTROL
    • THE WAY AHEAD

  • ENTRY REQUIREMENTS

    None

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