HRODC Postgraduate Training Institute A Postgraduate-Only Institution 138.M1 Advanced Procurement Management for Competitive Advantage, incorporating basic internal Control Principles Course or Seminar Leading To: DIPLOMA POSTGRADUATE IN Advanced Procurement Management (1) (Double Credit) Accumulating to POSTGRADUATE DIPLOMA Progressing To A Masters Degree MBA MSc - MA Course Co-ordinator: Prof. Dr. R. B. Crawford Director HRODC Postgraduate Training Institute PhD (University of London); MEd. M. (University of Bath); Adv. Dip. Ed. (University of Bristol); PGCIS (Thames Valley University); ITC (UWI); Member of the Standing Council of Organisational Symbolism (MSCOS); Member of the Asian Academy of Management (MAAM); Member of the International Society of Gesture Studies (MISGS); Member of the Academy of Management (MAOM); LESAN; Professor, HRODC Postgraduate Training Institute; Visiting Professor, Polytechnic University of the Philippines (PUP). For Whom This Course is Designed This Course is Designed For: Procurement Officers; Purchasing and Procurement Professionals; Project Managers and Team Members; Financial Managers; Accountants; Budget Officers; Financial Planners; Cost and management accountant; Financial planners and cost analysts; Senior managers who supervise people with financial responsibilities; Financial and budget controllers; Value Engineers; Value Analysts; Directors; Business Owners; Auditors. Duration: 10 Days Cost: 10,000.00Per Delegate Please Note: V.A.T. (Government Tax) does not apply to Corporate Sponsored Individuals, taking Programmes or Courses in any location - within or outside the UK. It applies only to Individuals and Corporations based in the UK and to Non-UK Individual Residents taking courses in the UK. Cost includes: Free Continuous snacks throughout the Event Days; Free Hot Lunch on Event Days; Free City Tour; Free Stationery; Free On-site Internet Access; Diploma Postgraduate in Advanced Procurement Management (1) (Double Credit); or Certificate of Attendance and Participation if unsuccessful on resit. HRODC Postgraduate Training Institute s Complimentary Products include: 1. HRODC Postgraduate Training Institute s Leather Conference Folder; 2. HRODC Postgraduate Training Institute s Leather Conference Ring Binder/ Writing Pad; 3. HRODC Postgraduate Training Institute s Key Ring/ Chain; 4. HRODC Postgraduate Training Institute s Leather Conference (Computer Phone) Bag Black or Brown; 5. HRODC Postgraduate Training Institute s 8GB USB Flash Memory Drive, with Course Material; 6. HRODC Postgraduate Training Institute smetal Pen; 7. HRODC Postgraduate Training Institute s Polo Shirt. **Please see product images, as a separate file - Complimentary Products For Students and Delegates, from HRODC Postgraduate Training Institute.** Daily Schedule: 9:30 to 4:30 pm. Location: Central London and International Locations Advanced Procurement Management for Competitive Advantage Leading to Diploma-Postgraduate in Advanced Procurement Management (1) (Double Credit) Course Objectives By the conclusion of the specified learning and development activities, delegates will be able to: Analyze the ways in which major contracts might be priced; Analyze the characteristics of a skilled negotiator; Appreciate the importance of purchasing within the organization s structure; Comment on the benefits of standardization; Comment on the economics of quality; Compare price analysis with cost analysis ; Consider differing perceptions of lead time ; Consider provisioning systems for stock and production purposes; Consider the adoption of relationships based on mutual benefits as an alternative to the traditional transactional, adversarial approach; Course Contents, Concepts and Issues Part 1: Purchasing Scope and Development The Changing Role of Purchasing and Supply; Proactive Purchasing; Procurement Positioning; Part 2: Strategic Procurement and Supply Chain Management Strategic Procurement; The Concept of Strategy; The Mission Statement; Levels of Strategy; Category Management; Strategic Management; Key Procurement Issues Part 3: Outsourcing Outsourcing; Outsourcing Methodologies; Outsourcing Pitfalls; How to Avoid Pitfalls. Part 4: Quality Management What Is Quality?; Statistical Process Control; Taguchi Methods for the Off-Line Control of Quality; Part 5: Inventory Management Provisioning Systems; Order Quantities and Stock Control; Order Quantities for Production; Part 6: Lead Time and Time Compression Time and Competitive Advantage; On-Time Delivery; Expediting; Liquidated Damages. Part 7: Sourcing Strategies and Relationship The Nature of the Sourcing Decision; Attributes of a Good Supplier; Different Types of Sourcing; Part 8: Price and Total Costs of Ownership Factors Affecting Pricing Decisions; How Buyers Obtain Prices; Auctions; Part 9: Negotiations Negotiation; Negotiating Skills; Preparation; Part 10: Internal Control An Overview of Internal Control; What Is Internal Control?; Internal Control and Accounting System; Management s Responsibility for Internal Control; The Need for Internal Control; Financial and Administrative Control; Principles of Internal Control; Service Contract, incorporating Terms and Conditions Click, or copy and paste the URL, below, into your Web Browser, to view our Service Contract, incorporating Terms and Conditions. y_point_period_cancellations_extinuating_circumstances_payment_protocol_location.ht m The submission of our application form or otherwise registration by of the submission of a course booking form or booking request is an attestation of the candidate s subscription to our Policy Terms and Conditions, which are legally binding.