Professional Certificate in Procurement Compliance

The Procurement function has transformed from a support function to be a central pillar of an organizations corporate strategy.

Threats to the procurement function arise from both within the organization and its partners and externally from organized crime networks and hostile states.

Compliance is an essential part of risk management in these volatile, uncertain, complex and ambiguous times.

This GLOMACS Professional Certificate in Procurement Compliance online training course will address the necessary conditions at all four levels for those delegates who want to implement high-performing Procurement functions.

Participants attending this Procurement online training course will:

• Understand the latest trends in Procurement
• Discuss risks associated with procurement
• Develop an effective Procurement Compliance process
• Learn the red flags that indicate problems

This online training course will utilize a variety of proven online learning techniques to ensure maximum understanding, comprehension, retention of the information presented. The training course is conducted Online via an Advanced Virtual Learning Platform in the comfort of any location of your choice.

The organization will benefit by:

• The ability to monitor procurement
• Assist in the identification of non-value adding activities
• Improved abilities to risk manage internal and external threats to procurement
• Reduction in total cost of ownership
• Improved supplier performance

Attendees will gain by participating in this GLOMACS online training course as a result of:

• Increased skill sets in all phases of strategic procurement
• Greater ability to lead, plan, and manage the procurement process
• A greater sense of professionalism and being able to contribute to the organization's strategic objectives
• Increased Knowledge about Key Performance Indicators
• Increased recognition by the organization due to improved performance

This online training course is suitable to wide range of professionals but will greatly benefit:

• Contracts, Purchasing, and Procurement Personnel
• Project, Engineering, Operational, and Maintenance, Personnel who are involved in the planning, and execution of purchases and contracts
• All involved in the acquisition of materials, equipment, and services and who are in organizations whose leadership want high levels of competency in those involved in these activities

DAY 1

Seeing Procurement as a Dynamic, Interactive System

• The System Approach vs. the Traditional Functional Approach
• What is the goal of Procurement?
• Developing the Strategic Procurement Plan
• An Overview of the Procurement Process
• Procurement as Part of the Supply Chain

DAY 2

Identifying Procurement Instabilities and Risks

• Internal supply chain risks
• PESTLE and external risks
• Risk management principles
• Evaluation and prioritization of risks
• Contingency and risk management planning
• How The Supply Chain Crisis changed our practices regarding Risk

DAY 3

Understanding the Context and Motivations behind Procurement Fraud and Bribery

• Defining procurement fraud and bribery
• Understanding the motivations of individuals and organizations that engage in fraud and bribery
• Assess the costs to the organization and the individual of undetected fraud and bribery
• Recognizing the role of everyone in the organization with regard to fraud and bribery
• Public and Private sector responsibilities

DAY 4

Procurement Compliance Process

• Aims of Procurement Compliance
• Policies compared to procedures
• Roles and responsibilities
• Monitoring
• Enforcement
• Continuous improvement

DAY 5

Develop Action Planning

• Understand the importance of a Compliance checklist
• Learn about Reporting mechanisms
• Use RAG status to convey trends
• Be aware of Red Flags that indicate potential fraud

In Association With

Oxford Management Centre

A GLOMACS - Oxford Management Centre collaboration aimed at providing the best training services and benefits to our valued clients.

PetroKnowledge

Our collaboration with Petroknowledge aims to provide the best training services and benefits for our valued clients

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All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.

P.O. Box 74653, Dubai, United Arab Emirates
Tel : +971 - 04 - 425 0700, Fax : +971 (04) 425 0701, Email : info@glomacs.com