Procurement Planning and Bid Management

Why Attend

Planning is both the most critical and the most challenging phase of any procurement operation. It provides direction towards how the function intends to secure the supply security of the organization. When it comes to bidding management, a sound procurement plan will help balance the often conflicting goals of generating savings and satisfying internal customers. In this course, we provide a thorough explanation of how to approach the planning of procurement objectives and initiatives. We delve into the different qualitative and quantitative forecasting techniques as they relate to inventory planning and we demonstrate how different vendor integration strategies can be applied to help sustain operations and projects.

Course Methodology

This course uses a variety of individual exercises, team exercises, case studies, and videos.

Course Objectives

By the end of the course, participants will be able to:

  • Write strategic procurement objectives and initiatives to support long term directions
  • Arrange ‘spend items’ into categories that support the planning of go-to-market strategies
  • Apply demand forecasting techniques to improve the planning of procurement activities
  • Generate vendor integration strategies to ensure supply security
  • Evaluate vendor bids in a scientific manner to support selection decision making

Target Audience

Purchasing and supply chain professionals at all levels of the organization involved in planning, sourcing, buying and bid selection activities, as well as the personnel who are involved in the purchasing process.

Target Competencies

  • Procurement planning
  • Business analysis
  • Structured thinking
  • Business forecasting
  • Inventory planning
  • Performance evaluation

Location:

South Africa

Training Dates:

Each course starts every Monday of each week. Please book your training on a date that is a Monday.

Course Duration:

Unit Standard:

NQF Level:

Number of Credits:


Course Fees

Note: Please fill in the online application form on the left or bottom if this page to receive a quotation with detailed pricing from AATICD.

How to Apply:

To Apply Simply Fill in the Online Enquiries / Applications form on the Right Sidebar or Bottom of this website https://www.aaticd.co.za

NB:

When filling the online application form; please take note of your desired Training Month, Duration in Weeks and Training Session. This will give us the exact dates you will be attending your classes.

Also note that Tuition Fees must be paid upfront on or before training start date. This is to ensure that all resources are made availabe for you before you start. You will not be allowed into training if fees are not paid and verified.

Also note that Tuition Fees Cancellations must be made 14 business working days before the starting date of training. This will allow us to do a 50% refund of the total amount paid. If cancellations are made thereafter note that no refund will be made to delegates.

Tuition Fees include teas and lunch as well as either a laptop or tablet which a delegate will take home free of charge.

Tuition Fee DOES NOT include Accommodation, Dinners and other Extra Curricular Activities or Incidentals. Delegates are expected to fund this on their own. AATICD will not be held accountable for any incidents to delegates.

In-House Trainings are also available for 3 or more delegates for any duration. Please consult with our Administration for such In-House training bookings.


Course Outline

  • Strategic procurement planning
    • Setting procurement mission and objectives
    • Selection of improvement initiatives
      • Structure-related initiatives
      • Systems-related initiatives
      • Workstreams-related initiatives
      • Culture-related initiatives
    • Performance measures and targets
    • Communication of procurement plan
    • Stakeholder engagement
  • Spend category planning
    • Spend category profiling
    • Spend impact analysis
      • Financial impact
      • Vendor segmentation
    • Market risk analysis
      • Value chain analysis
      • SWOT analysis
      • Porter’s five forces
      • Risk heat maps
      • Vendor risk scores
    • Category report consolidation
  • Forecasting and demand planning
    • The soft side of forecasting
      • Tetlock’s foxes and hedgehogs
      • Taleb’s black swan
    • Principles of demand planning
    • Quantitative forecasting techniques
    • Qualitative forecasting techniques
  • Vendor integration
    • Vendor prequalification process
    • Vendor prequalification criteria
      • Legal criteria
      • Financial criteria
      • Technical criteria
      • Staff criteria
      • HSE criteria
    • Service Level Agreements (SLAs)
    • Strategic partnering
    • Supplier diversity programs
  • Bid evaluation and selection
    • Bid management process
    • Bid evaluation criteria
    • Scoring systems and protocols
    • Selection and award
    • Total Cost of Ownership (TCO) for complex purchases