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Advanced Procurement

1 day

Target group:

University Staff who are engaged in procurement projects of value greater than $200k.

Group size:12-16
Level 2 program:

Assumes particpants have completed Introduction to Procurement program and have some background knowledge and experience in carrying out and managing procurement projects within the University.

Schedule:
Date:To be advised
Time:To be advised
Venue:To be advised
Apply by:To be advised
Cost: Monash Staff - $350
Catering:None provided. (Cafe facilities located across from the venue)
To apply:On-line application form

Overview

Intended Outcomes

At the end of the program participants will be able to:

  • Apply the University's Procurement Framework when undertaking procurement activities
  • Create an effective Procurement Plan for their project/category - Proper Prior Planning Prevents Poor Procurement Performance
  • Identifying areas of opportunities and applying environmental and socially responsible procurement principles in the procurement decision
  • Manage the supplier market engagement process
  • Utilise the appropriate techniques, tools and templates to effectively evaluate supplier quotes
  • Develop and execute negotiation plans
  • Implement Category Management principles and techniques in building and managing ongoing supplier relationships

Course Content

The following topics will be covered during the program:

  • University’s Procurement Framework – background, policies, procedures and guidelines
  • Procurement Planning – base-lining, market and supplier analysis (including environmental consideration), opportunity identification, procurement risk assessments
  • Market Engagement – establishing the evaluation team, setting the criteria, engaging the supply market (documents to be used)
  • Evaluating Bids – Analysing bids to ensure true comparison, obtaining internal stakeholder engagement, identifying supplier to negotiate with
  • Negotiation Plan – Develop an appropriate negotiation plan and execute on that plan
  • Implementing Negotiated Outcomes – documenting the agreement and successfully implementing it
  • Category Management – establishing the plan, conducting performance and compliance monitoring, building and managing the supplier relationship

Learning Approach

The program will be delivered using a combination of methods including theoretical sessions, case studies, group discussions and group exercises. This combined with the comprehensive course notes will enhance the transfer of learning to the workplace

Handouts

A comprehensive set of course notes (including exercises and case studies)