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Vendor Selection and Tender Process Management

Course Information:

Online 12 hours Flexi-date£1,750.00
In-House Agreed with client FlexiblePOA
London 5 days 22-Aug£3,500.00
London 5 days 12-Dec£3,500.00


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    LCT 2022 Brochure
    LCT 2022 Brochure

    Who should attend?

    • Contract management personnel
    • Purchasing executives, senior managers, and professional staff from supply chain management, logistics and inventory planning and control
    • General managers wanting to understand the procurement function
    • Project managers involved in plant and equipment development projects
    • Technical personnel involved in performance specification of plant and equipment
    • Engineering planners working with complex maintenance material requirements
    • Quality managers seeking to understand how supply contracts are managed



    • Describe the procurement cycle and contract management lifecycle
    • Design and manage specifications and scope
    • Define criteria and select the right supplier/contractor
    • Manage the complete tendering process
    • Define evaluation and award criteria
    • Manage the tender negotiation phase
    • Document the contract award procedures


    The Procurement Cycle

    • Procurement key principles
    • Understand the various stages and key steps of procurement
    • Formulating the procurement strategy
    • Alignment of strategic goals with procurement goals
    • Identification of key stakeholders in the procurement process

    Analysing the business needs and requirements

    • Needs recognition
    • Gathering requirements
    • Identification of specific needs
    • Developing the specific statement of requirements
    • Essential elements of the scope of work

    Defining the sourcing options

    • Developing the Approved Supplier List
    • Implementing a robust and viable supplier assessment
    • Setting the assessment criteria
    • Supplier qualification screening process
    • Determining the selection and award criteria

    The Tendering and Solicitation Process

    • The various stages of the tender procurement process from notice to award
    • The tendering documents and their specific meanings – PIN, EOI, PQQ, RFI, ITT/ RFP/RFQ
    • Developing tender and evaluation criteria
    • Developing the award criteria
    • Managing the complete process

    Selection, Negotiation and Contract Award

    • Tender opening and the legal process
    • Managing the evaluation
    • Presentations, interviews and visits
    • Tender Negotiations
    • Contract award procedures

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