* All fees are exclusive of vat
** PREMIUM - Customize your learning experience
Are we doing the right things? In spite of all our efforts, deliveries are late, over budget and below performance. The way that we approach our procurement has a marked effect on the end result; therefore we have to ensure we use the right processes and criteria to select our suppliers. This training seminar will use the system approach to demonstrate the optimal method in vendor qualification, enhance performance and ensure contract compliance.
This fast-paced training seminar provides both strategic and tactical insights into
Casting the net wide enough to ensure an adequate number of suppliers to select from
Selecting only the best suppliers to participate
How to measure their performance objectively
To ensure that they perform according to expectations
What Do Participants Learn?
Benefit from learning from a seasoned practitioner
Hearing the practices and experiences of others
Cover the vital steps in a proper supplier evaluation
Matching customer requirement with the correct supplier segmentation
Develop meaningful performance measures
Learn how to use those performance results for continuous improvement
Who Should Attend?
Contracts, Procurement and Project personnel
Engineering, Operational, Quality and Maintenance personnel
And all others who are involved in interfacing with contractors or suppliers in the acquisition of materials, equipment, parts and services or anyone who wants to improve supplier performance and gain successful outcomes from contracting situations
What Will the Learning Experience Include?
Comprehensive pre-program activities include:
Web-based information forms & surveys completed by attendee.
Direct consultation with the attendee about the expectations.
During the training, participants engage in data, activities, and conversations that lead to insight and knowledge.
Participants learn from expert trainers who have both academic and business experiences.
Highly applicable training content & instructive activities for adding depth to training topics.
**A half-day site visit for integrating the experience & plan next steps. Opportunities to provide connections, ideas & support.
Explore & Practice
Apply & sustain the learning experience by using this ongoing support:
To ensure participant has new skills or behavior progress.
Optional, fee-based mentoring & coaching with the trainer.
Training materials & additional documents (e-books, pdf files, presentations and articles)
Evaluate your training experience by giving us feedbacks and help us to reach our organizational goals.
Section One: Vendor Qualification
Compiling an Approved Supplier List
Determining the goals and objectives of Procurement
Formulating a proper Procurement strategy
Involving the end-user in determining the required technologies
Developing an approved supplier list based on the required technologies
Compiling supplier selection criteria
Forming commodity teams to evaluate and provide supply solutions
Section Two: Supplier Assessment
Supplier initial questionnaire
Detailed supplier investigation
Quality management systems
Performing a supplier assessment
Process capability studies
Certification of suppliers
Setting acceptance criteria
Engaging the supplier during the tender process
Section Three: Supplier Performance – What to Measure?
Carrot or stick?
Setting of objective that are aligned with the goals of the company
Characteristics of a good performance measurement system
Developing a supplier performance system
Sources of data
Common mistakes in data recording
Implementing the system
Section Four: Supplier Performance – Interpreting the Results
Rating the individual supplier
Ranking your suppliers
Disseminating the results: what to do and what not to do