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Procurement Fundamentals For Managers

SIM Professional Development (SIM PD) is the leading provider for adult learning, training and development for corporate and career development. We provide a wide range of quality executive programmes, corporate training, seminar and workshops in areas of soft skills training, leadership training, sales training, management training, personal effectiveness & productivity, project management training, strategy execution and forumation.

procurement fundamentals for managers


Effective procurement can contribute significantly to a company’s financial performance and success. This programme takes participants through the end-to-end process of procurement and provides a practical range of purchasing tools and techniques used in procurement.

Benefits to You

Business Outcomes

By having a solid understanding of the key elements of procurement, managers who are involved in procurement can improve the value achieved from supply markets and suppliers for the organisation.

Learning Outcomes

  • Understand the value strategic procurement can add to an organisation

  • Understand concepts of an effective procurement system

  • Apply a set of principles to most procurement activities

Programme Outline
  • Importance and role of procurement

  • How procurement impacts managers

  • Interaction between managers/stakeholders and the procurement function

  • Business needs and specifications

  • Analysing and approaches to supply markets

  • Evaluation techniques

  • Legal aspects of procurement

  • Managing price increases

  • Negotiating with suppliers

  • Managing suppliers and contracts

Who Must Attend

Level 3 - New Managers
Level 4 - Managers

Programme Leader

Richard Posa is an accountant by training whose initial career was spent in a range of finance roles including in senior management and Chief Financial Officer roles. Richard moved into procurement in 2000 and has held four Chief Procurement Officer roles, leading procurement transformations, developing teams and improving value in diverse industries including mining, airline and leisure/entertainment sectors. Across different companies, Richard’s teams have delivered multimillion dollar value improvements. Richard also has extensive experience in delivering training across a wide range of procurement competencies in both the Middle East and Asia.  His expertise include category management, strategic sourcing, contract law, supplier performance, contract management, supplier relationship management, finance for procurement, risk management and negotiation.



SIM Member Fee  (S$)

Non-member Fee  (S$)

including GST

including GST

Normal Fees



Early Bird Fees


- terms & conditions applies ; please call to enquire.

Early Bird Fees closing date for the programme :

Programme Scheduled Date

Register by

27 & 28 November 2018 -

16 October 2018

21 & 22 March 2019 -

20 & 21 June 2019                                        

7 February 2019

8 April 2019

23 & 24 September 2019                                  

12 August 2019

Enquiries : Kho Mei Yen - 62486137 | 62466746,

Foreign participants sponsored by their companies, GST is not applicable. If payment is made by a Singapore-registered company, GST will apply.

Non-members are welcome to sign up for SIM membership to enjoy the discounted rate. To sign up for SIM Membership, please visit, email or call 6248 9489. To register for the programmes now, select the preferred programme run-dates below through the register icon. "Register", which will bring you to the registration page.

DateTimeVenueRegistration Closing Date 
23/09/2019 - 24/09/201909.00 am - 5.00 pmSIM Management House, 41 Namly Avenue, Singapore 267616Sep 16, 2019 Register