Strategic Procurement And Contract Management

Teacher

Review

$800.00

COURSE OVERVIEW

The complexity of the oil and gas industries frequently results in projects being undertaken by joint ventures, alliances, and other strategic groupings. It also necessitates strategic procurement and outsourcing. Forming a successful vendor alliance, whatever its format, is a complex process requiring a high degree of experience and expertise. This programme focuses on and exposes participants to the processes and risks of procurement, some aspects of value chain management, the forms and the legal, and commercial principles that affect those relationships. The Strategic Procurement and Contract Management programme is designed to tackle these issues with an emphasis on the best practices in the Oil and Gas industry.

PROGRAMME CURRICULUM

The course will cover:

Overview of the Oil and Gas Industry in Nigeria
Strategic Supplier relationship
Supply Management Analysis and Application
Strategic Sourcing Methods and Tools
Ethical Issues in Procurement
Financial Skills for Procurement Executives
Contracts Management Skills for Procurement Executives
Contract Management and Supplier Relationship
Supply Chain Management
Smart Business Decisions: the Power of Data Analysis
E-Sourcing and Programme Management.
Bidding and Evaluations
Negotiation in Contracting Context
Post-Award Contract Management

KEY LEARNING OBJECTIVES

Learn the skills and tools for efficient/effective procurement and contract management
Apply the skills/tools to improve organization procurement
Learn to apply specific skills in different contexts.

TARGET AUDIENCE

This programme will benefit and provide a very rich and rewarding experience comparable to the best practices to managers involved in procurement, Supply chain, and Contract management, and also internal and external legal advisers.

COURSE CONTENTS

Day One

Overview of the Oil and Gas Industry in Nigeria
Overview of Procurement
- The Terminologies
- Strategic fundamentals of a buyer
- Critical issues for consideration in developing procurement strategy
Procurement Cycle
- Implementing procurement management plan
- Types of Procurement Methods
- Centralized and Decentralized Procurement
- Whole Life Procurement (TCO)
The Procurement Management Procedure
- Project Appraisal and Analysis
- Sourcing and Outsourcing
- Tendering and Bidding

Day Two

Strategic Supplier relationship
Adopting appropriate procurement strategies in oil and gas contracts
- Negotiation – High value Negotiation planning
- Procurement Business Process Management
- Procurement Management Planning
- Strategic Alignment for the Procurement Manager
Procurement Risk Management
- Guidelines for procurement audit manual
- Procurement Risk Auditing
- Procurement Risk Prioritization and Categorization
Standard- based Procurement in Oil and Gas Industry
Petroleum Procurement Policy
Supply Chain Management
International Sourcing and E-Procurement

Day Three

Contracts Management Skills for Procurement Executives
- Types of contracts and implementation techniques
- Types of Petroleum contracts in the Oil and Gas Industry
- Oil & Gas Agreements
- Contract strategies and techniques
- Contract Management KPIs
- Terms-of-reference for contract of service
Effective Negotiation in procurement
Procurement Performance Management

Day Four:

Financial Skills for Procurement Executives
- Capital Investment Appraisal
- Budget forecasting
- Budget development structuring
- Procurement Master Budgeting
- Procurement Financial Performance management
- Final Investment Decision
Costing models – the Total Cost of Ownership

Day Five

Procurement Key Performance Indicators
Procurement Stakeholders Management
- Stakeholders Analysis
- Stakeholders Planning and prioritization techniques
The Role of the Buyer in the Supply Chain
Project Management & Procurement Analysis
- Supplier Management Integration System
- Procurement Management technological development