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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.
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.
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
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
Legal aspects of procurement
Managing price increases
Negotiating with suppliers
Managing suppliers and contracts
Level 3 - New Managers
Level 4 - Managers
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$)
Non-member Fee (S$)
Early Bird Fees
10% DISCOUNT OFF THE FEES ABOVE
- terms & conditions applies ; please call to enquire.
Early Bird Fees closing date for the programme :
Programme Scheduled Date
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, firstname.lastname@example.org
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 www.pd.sim.edu.sg/membership/overview, email email@example.com 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.