Procurement Planning and Bid Management. Contents are subject to change. For the latest updates visit

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1 Procurement Planning and Bid Page 1 of 8

2 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 bid 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 on 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 planning of go-to-market strategies Apply demand forecasting techniques to improve 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 who are involved in planning, sourcing, buying and bid selection activities, as well as personnel who are involved in the purchasing process. Target Competencies Procurement planning Business analysis Structured thinking Business forecasting Inventory planning Performance evaluation 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 Page 2 of 8

3 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 Page 3 of 8

4 Associations Chartered Institute of Logistics and Transport (CILT) : Meirc is an Approved Training Provider (ATP) in the region for the Chartered Institute of Logistics and Transport (CILT). Established in 1919, CILT is the world s leading supply chain, logistics and transport professional body with over 33,000 members across the globe. CILT seeks to add value to individual and corporate members by enhancing their knowledge, careers, and businesses by setting, supporting and delivering professional standards and education in the fields of logistics, transport and supply chain. By attending Meirc s CILT accredited courses, participants can earn CPD units as well as attain modular unit award courses that can be combined for international certification Location & Date Oct, 2018 Media Rotana 8-12 Sep, 2019 To be assigned Fees: US$ (including coffee breaks and a buffet lunch daily) Per participant Per participant Fees + VAT as applicable Tax Registration Number Page 4 of 8

5 Courses in Procurement and Supply Chain Dates Course Name 2-6 Sep, 2018 Developing Purchasing Policies, Processes and SLAs 9-13 Sep, 2018 Certificate in Fleet and Transport Sep, 2018 Certificate in Supply Chain and Logistics Sep, 2018 Tactical Purchasing Practices for Cost Optimization Sep, 2018 Certificate in Stock, Forecasting and Demand Planning 30 Sep - 4 Oct, 2018 Production and Material Requirements Planning 30 Sep - 4 Oct, 2018 Strategic Sourcing: 7 Steps for Better Procurement Value 7-11 Oct, 2018 Materials and Supply Chain Istanbul 7-11 Oct, 2018 Warehouse Operations and Oct, 2018 Supply Chain Risk 4-8 Nov, 2018 Materials and Supply Chain Nov, 2018 Negotiation Strategies for Better Purchasing Value Nov, 2018 Leading and Managing Vendor Relations Nov, Dec, 2018 The Successful Buyer 2-6 Dec, 2018 Warehouse Operations and Dec, 2018 Certificate in Supply Chain and Logistics Dec, 2018 Certified Purchasing Professional Jan, Jan, 2019 CILT Certified Procurement Professional Feb, 2019 Developing Purchasing Policies, Processes and SLAs Feb, Feb, 2019 Negotiation Strategies for Better Purchasing Value 3-7 Mar, 2019 CILT Certificate in Stock, Forecasting and Demand Planning Mar, 2019 Strategic Procurement: 7 Steps for Language Location Fees Page 5 of 8

6 Courses in Procurement and Supply Chain Dates Course Name Language Location Fees Optimized Sourcing Mar, 2019 Materials and Supply Chain Mar, 2019 CILT Certificate in Fleet and Transport 31 Mar - 4 Apr, 2019 Purchasing and Cost Saving Techniques 7-11 Apr, 2019 Warehouse Operations and Apr, 2019 CILT Certified Procurement Professional Riyadh Apr, Apr - 2 May, 2019 The Successful Buyer 1-3 May, 2019 Stock, Forecasting and Demand Planning: Tools and Techniques Beirut US$ Jun, Jun - 4 Jul, 2019 CILT Certified Procurement Professional 7-11 Jul, 2019 Leading and Managing Vendor Relations Jul, 2019 Vienna Aug, 2019 Purchasing and Cost Saving Techniques 1-5 Sep, 2019 Materials and Supply Chain Sep, 2019 Supply Chain Risk Sep, 2019 Developing Purchasing Policies, Processes and SLAs 29 Sep - 3 Oct, 2019 CILT Certified Procurement Professional 6-10 Oct, 2019 Production and Material Requirements Planning Oct, Oct, 2019 Negotiation Strategies for Better Purchasing Value Oct, 2019 Strategic Procurement: 7 Steps for Optimized Sourcing 3-7 Nov, 2019 Warehouse Operations and Nov, 2019 CILT Certificate in Fleet and Transport Nov, 2019 Materials and Supply Chain Nov, 2019 CILT Certified Procurement Professional Page 6 of 8

7 Courses in Procurement and Supply Chain Dates Course Name Nov, Dec, 2019 Purchasing and Cost Saving Techniques 8-12 Dec, 2019 CILT Certificate in Stock, Forecasting and Demand Planning 8-12 Dec, 2019 Leading and Managing Vendor Relations Dec, 2019 The Successful Buyer Dec, 2019 Language Location Fees Page 7 of 8

8 Courses in Procurement and Supply Chain Dates Course Name Language Location Fees Page 8 of 8