Certificate of Professional Procurement

Many decisions taken by departments have a procurement implication that can impact on the overall cost of carrying out the decision. Here cost includes the total cost of the good or service and not simply the price that is paid. Procurement is viewed as a strategic function working to improve the organisation’s profitability and helping to streamline processes, reduce raw material prices and costs, and identifying better sources of supply. In essence, helping to reduce the ‘bottom line’. Indeed, in many organisations the importance of procurement is recognized by having their head of procurement placed at an Executive Board level.

1- Procurement Foundations:

• Relation between supply chain & procurement management
• Strategic Sourcing, Procurement & purchasing

2-The financial impact of procurement:

• Impact Of procurement in financial statements
• How to set a procurement budget
• Calculation of total cost of ownership
• Estimated of item cost & supplier’s price
• Case study

3- Procurement processes:

• Design a complete procurement process
• Ways of receiving of procurement requisition.
• Developing an effective specifications.
• Sourcing types and models.
• Strategic sourcing, SRM & tactical buying
• The main pre-qualifications of suppliers
• Certified Supplier and supplier quality assurance processes
• Ways of supplier selection
• Supplier’s negotiation techniques.
• Contract types and different purchase order forums.
• Payment Terms and documentation
• Case study

4- Procurements Performance measurements:

• Suppliers evaluation processes and Performance Metrics
• Key Performance Indicators (KPI) For Procurement staff
• Tools could be apply through procurement processes.
• Case study

At program completion participants will be able to

• Understand what is the procurement
• Decide what to buy, when and from what sources
• Explore potential suppliers and develop relationships to get the best offers
• Evaluate the selection of suppliers to better negotiate the contract
• Understand the supply management concept and processes

• Executives and Professionals who are involved in supply management.
• Professionals seeking in- depth knowledge and understanding of the Procurement