On completion of this EDP, learners will be able to explain administrative processes behind contract development and how to measure contract performance. They will identify how to achieve competitive pricing and be able to describe how effective tendering is achieved.
Identify types of contracts and agreements; Describe the purpose of the documents that compose a contract for the purchasing or supply of goods and/ or services; Describe the stages involved in forming contracts for the purchasing or supply of goods and/or services; Describe how to develop and present business cases to justify expenditure on supplies, services or projects; Explain the use and comparison of competition to obtain quotations on price; Recognise the role of commercial negotiations in the work of procurement and supply; Explain approaches to negotiate competitive prices; Identify the initial actions processes associated with the tendering process; Describe initial tender process documentation and associated content; Identify the tender evaluation and acceptance process; Outline the regulations that can impact on the tendering process; Describe the use of data as a contract performance measure; Explain the use of Key Performance Indicators (KPI); Explain types of contractual risk and how to manage them. Please click here for the detailed syllabus.
14 Sessions over 14 hours. The exact dates of the program will be announced two weeks prior to the commencement of the training.
Faculty-led, online sessions through GoToWebinar Platform using PowerPoint Presentations with industry examples. Medium of instruction is English.
(1) 14 Online Sessions, (2) Three Months Access to our Learning Management System (LMS), which contains session recordings, presentations, and terminology quizzes, (3) Certificate of Participation.
Venkadesh Narayanan, Principal Consultant at Fhyzics Business Consultants and recognised trainer of ASCM/APICS, USA and CIPS, UK. Please click here for his complete profile.
INR 8000 plus 18% GST (or) USD 115
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Complete the form and download the quote for Executive Development Program on Contract Administration.
IISCM Digest is from Integrated Institute of Supply Chain Management, a unit of Fhyzics Business Consultants Private Limited. Fhyzics specialises in procurement and supply chain, consulting, and certifications. IISCM is an ACP of Association for Supply Chain Management (ASCM/APICS), USA and ASC of Chartered Institute for Procurement and Supply (CIPS), UK.
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