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The Art of Procurement Operations - Improve Purchasing Efficiency
The purchasing is defined as the act of obtaining or buying goods and services. The process includes preparation and processing of a demand as well as the end receipt and approval of payment. The process of procurement is often part of a organisation's strategy and its successful operations will ensure that the organization can reduce its total cost of operations.
Objective
The course is designed to help participants identify, evaluate and improve their procurement process, execution and accountability. The objective is to ensure that procurement is carried out in a fair, open and transparent manner. It includes tools and techniques that can be applied by the purchasing managers to secure Value for Money.
Outline
At the end of the course the participants will be able to:
- Understanding the integral role of purchasing
- Identify objectives of purchasing function
- Understanding the procurement process (Procure to Pay)
- Implementing the 5 Rights of purchasing
- Implement effective supplier sourcing
- Understand key factors in cost make-up and getting Value for Money.
- Identify areas of improvement within their own purchasing activities
Who should attend
This course is designed for purchasing executives and managers who are responsible for the management of the procurement activities.
Particular of Pavan Sharma
Pavan Sharma is an expert in procurement, supply chain management, industrial engineering and process improvement in manufacturing and services. He has over 25 years experience as a top executive working in production, quality, logistics and procurement functions in automotive, consulting and logistics companies.
In the last 5 years, Pavan has trained over 3000 people from more than 100 different private and public sector companies in the region. Some of the clients include public agencies and Ministries in Singapore; the Ministry of Finance, the Ministry of Defence in Singapore and Brunei, DSTA, Shell, CNOOC, SembCorp Logistics, Nestle, SUTD, A Star and dozens of others. He is a Chartered Member of the Chartered Institute of Logistics and Transport and Member of the Chartered Institute of Procurement and Supply.
Pavan holds a Masters Degree in Business Administration, a Bachelor of Engineering in Industrial Engineering and Post Graduate Diploma in Industrial Engineering. He has also completed the CIPS UK Level 6 Professional Diploma in Procurement and Supply. He is a Member of the Beta Gamma Sigma, an International Honors society that recognizes outstanding scholastic achievement. Pavan is also a qualified project manager and holds the PMP certification of the Project Management Institute.
