Professional Certificate in Procurement Compliance

Introduction

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 training course will address the necessary conditions at all four levels for those delegates who want to implement high-performing Procurement functions.

Objectives

Participants attending this Procurement 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

Training Methodology

Participants will increase competencies through a variety of instructional methods including lecture by an experienced practitioner and consultant, exercises, review published articles, and group discussions covering current practices and their relationship to the implementation of new concepts.

Organisational Impact

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

Personal Impact

Attendees will gain by participating in this 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