Procurement Planning and Bid Page 1 of 8
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
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
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 21-25 Oct, 2018 Media Rotana 8-12 Sep, 2019 To be assigned Fees: US$ (including coffee breaks and a buffet lunch daily) Per participant - 2018 Per participant - 2019 Fees + VAT as applicable Tax Registration Number 100239834300003 Page 4 of 8
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 16-20 Sep, 2018 Certificate in Supply Chain and Logistics 16-20 Sep, 2018 Tactical Purchasing Practices for Cost Optimization 23-27 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 14-18 Oct, 2018 Supply Chain Risk 4-8 Nov, 2018 Materials and Supply Chain 11-15 Nov, 2018 Negotiation Strategies for Better Purchasing Value 18-22 Nov, 2018 Leading and Managing Vendor Relations 25-29 Nov, 2018 2-6 Dec, 2018 The Successful Buyer 2-6 Dec, 2018 Warehouse Operations and 16-20 Dec, 2018 Certificate in Supply Chain and Logistics 23-27 Dec, 2018 Certified Purchasing Professional 13-17 Jan, 2019 20-24 Jan, 2019 CILT Certified Procurement Professional 10-14 Feb, 2019 Developing Purchasing Policies, Processes and SLAs 17-21 Feb, 2019 24-28 Feb, 2019 Negotiation Strategies for Better Purchasing Value 3-7 Mar, 2019 CILT Certificate in Stock, Forecasting and Demand Planning 10-14 Mar, 2019 Strategic Procurement: 7 Steps for Language Location Fees Page 5 of 8
Courses in Procurement and Supply Chain Dates Course Name Language Location Fees Optimized Sourcing 17-21 Mar, 2019 Materials and Supply Chain 24-28 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 14-18 Apr, 2019 CILT Certified Procurement Professional Riyadh 21-25 Apr, 2019 28 Apr - 2 May, 2019 The Successful Buyer 1-3 May, 2019 Stock, Forecasting and Demand Planning: Tools and Techniques Beirut US$ 3600 16-20 Jun, 2019 30 Jun - 4 Jul, 2019 CILT Certified Procurement Professional 7-11 Jul, 2019 Leading and Managing Vendor Relations 21-25 Jul, 2019 Vienna 18-22 Aug, 2019 Purchasing and Cost Saving Techniques 1-5 Sep, 2019 Materials and Supply Chain 15-19 Sep, 2019 Supply Chain Risk 22-26 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 13-17 Oct, 2019 20-24 Oct, 2019 Negotiation Strategies for Better Purchasing Value 27-31 Oct, 2019 Strategic Procurement: 7 Steps for Optimized Sourcing 3-7 Nov, 2019 Warehouse Operations and 10-14 Nov, 2019 CILT Certificate in Fleet and Transport 10-14 Nov, 2019 Materials and Supply Chain 17-21 Nov, 2019 CILT Certified Procurement Professional Page 6 of 8
Courses in Procurement and Supply Chain Dates Course Name 24-28 Nov, 2019 1-5 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 15-19 Dec, 2019 The Successful Buyer 22-26 Dec, 2019 Language Location Fees Page 7 of 8
Courses in Procurement and Supply Chain Dates Course Name Language Location Fees Page 8 of 8