Procurement Process, Execution, Accountability and Ethics
The Singapore Business Federation Business Institute is pleased to organize a workshop on “Procurement Process, Execution, Accountability and Ethics”. Upon completion of the workshop, the participant will be granted an attendance certificate.
Day/Date: 13 Oct 2017
Time: 9:00am - 5:00pm
Fee per pax (incl. GST): S$468.00(Member) | S$568.00(Non-Member)
In any organisation, a significant proportion of costs are accounted for by the purchases of products, services or constructional works. Equally, any organisation will also be supplying products, services or works to their customers whether these are other organisations, consumers or the public.
It is imperative that the procurement professionals not only have a thorough understanding of the procurement process but also are trained to ensure that they achieve value for money on the basis of total cost of ownership by reducing the cost of purchase and improve their own procurement efficiencies.
This programme will especially benefit the large corporates and SME in building the capabilities of their procurement professionals to deal with the ongoing requirements to improve productivity and reduce the total costs of doing business
Describe fundamental principles of procurement, supply and supply chains.
Identify the main elements of a procurement and supply function
Understand the use of systems in procurement and supply
Understand the procurement process (P2P) and its execution
Understand the principle of Accountability, Ethics and Sustainability
Understand the different techniques to reduce Total Cost of Ownership (TCO)
1. Procurement Lifecycle, concept of Total cost of Ownership (TCO) and Value for Money (VFM)
2. Procurement Principle
- Procurement lifecycle (PLC): Definition, Overview of the different stages
- Stakeholder Management
- Five Rights of Purchasing
- Writing Specifications - Product and services
3. Types of Procurement Structure and Systems
- Centralised vs Decentralised Procurement
- Hybrid Structures
- Purchasing systems to fit structures
4. Accountability and Ethics
- Accountability of a procurement officer
- How to deal with conflict of interest
- How to deal with gifts and hospitality
- Dealing with suppliers ethically
- Open to professionals in the procurement and supply chain function.
- Suitable for managers and individuals who are responsible for cost effective procurement of goods, services and works.
*Programme is accurate at the time of print
Training expenditure qualifies your company for up to 400% tax deductions or up to 40% cash payouts under the Productivity and Innovation Credit (PIC).
Please email to firstname.lastname@example.org to reserve a seat, this will be followed by a confirmation email.
Upon confirmation, please prepare a cheque to SBF (refer to address on above letterhead).
Cheque should be made payable to “Singapore Business Federation”. Please indicate the Ref No. and company’s name, participant’s name at the back of the cheque.
Registration is on a first-come-first-served basis. No cancellation will be allowed upon registration, but attendance by a replacement delegate from your company is allowed. We regret that no refund and full fees will be charged for cancellation or non-attendance.
Confirmation of your registration will be emailed to your company upon receipt of full payment.
NOTE: As a precautionary measure, our advice is for members who are unwell not to attend the session.
For more information, please contact:
Email: email@example.com (ATTN: Ms. Joanne Wong)
Call: 6701 1136
*Information is correct at the time of print
All information, materials and related graphics contained herein and/or provided in the course of the training session(s) (hereinafter referred to as “Information and Materials”) are intended for informational and/or educational purposes only. The Singapore Business Federation does not claim ownership of any of the Information and Materials provided by the external training vendor(s). The information and Materials may from time to time include technical inaccuracies or typographical errors, and changes may be added periodically as may be necessary. Please note that photography, audio and video recording may occur during these event. All photography, audio and video recording may be used by Singapore Business Federation for education, marketing, promotional and/or publication purposes. If you do not wish to have your image recorded or published, for compelling and legitimate grounds relating to your particular situation, please inform our staff.