Course Information

Introduction

Procurement and Vendor Management equips professionals with the strategic, operational, and relational skills needed to secure goods and services cost-effectively while protecting organizational value. Participants will learn how to align procurement with business goals, select and manage suppliers, negotiate robust contracts, and use data and technology to drive continuous improvement. Practical frameworks, real-world examples, and hands-on tools are provided to transform procurement from a transactional function into a value-generating capability.

Objectives

1. Build a procurement strategy and sourcing plan aligned to budgets and business objectives.
2. Design and run competitive supplier selection (RFP/RFQ) processes with weighted evaluation and due diligence.
3. Draft and negotiate procurement contracts and statements of work that protect value and limit legal and commercial exposure.
4. Set KPIs, SLAs and governance routines to monitor supplier performance and manage disputes or remediation.
5. Identify procurement risks (compliance, continuity, fraud, ESG) and implement practical mitigation and escalation steps.

Who Should Attend?

1. Procurement managers and sourcing leads
2. Category managers
3. Contract managers and legal procurement specialists
4. Buyers and purchasing officers
5. Vendor/supplier relationship managers and supplier performance analysts

Training Method

• Pre-assessment
• Live group instruction
• Use of real-world examples, case studies and exercises
• Interactive participation and discussion
• Power point presentation, LCD and flip chart
• Group activities and tests
• Post-assessment
If Applicable:
• Each participant receives a 7” Tablet containing a copy of the presentation, slides and handouts

Program Support

This program is supported by:
* Interactive discussions
* Role-play
* Case studies and highlight the techniques available to the participants.

Daily Agenda

Daily Schedule (Monday to Friday)
- 09:00 AM – 10:30 AM Technical Session 1
- 10:30 AM – 12:00 PM Technical Session 2
- 12:00 PM – 01:00 PM Technical Session 3
- 01:00 PM – 02:00 PM Lunch Break (If Applicable)
- Participants are expected to engage in guided self-study, reading, or personal reflection on the day’s content. This contributes toward the CPD accreditation and deepens conceptual understanding.
- 02:00 PM – 04:00 PM Self-Study & Reflection

Please Note:
- All training sessions are conducted from Monday to Friday, following the standard working week observed in the United Kingdom and European Union. Saturday and Sunday are official weekends and are not counted as part of the course duration.
- Coffee and refreshments are available on a floating basis throughout the morning. Participants may help themselves at their convenience to ensure an uninterrupted learning experience Provided if applicable and subject to course delivery arrangements.
- Lunch Provided if applicable and subject to course delivery arrangements.