Supply Chain Management · Short course
Advanced Strategic Procurement Planning, Tendering, Bidding and Award Management
Every procurement decision starts as a plan and ends as a contract — and the distance between those two points is where most value gets won or lost. This workshop takes you through that full journey: from strategic sourcing…
The programme
Programme overview
Every procurement decision starts as a plan and ends as a contract — and the distance between those two points is where most value gets won or lost. This workshop takes you through that full journey: from strategic sourcing and commodity strategy, through tendering and bid evaluation, to contract award and negotiation, with a dedicated focus on the risk, ethics, and conflict-of-interest issues that can derail even a well-run process.
You’ll leave with practical tools for every stage — including how generative AI is now used to draft RFPs and RFQs, summarise and compare competing bids, and flag risk before it becomes a problem, while keeping the final judgement calls exactly where they belong: with you.
Who should attend
Who is this programme for?
- Procurement Professionals, Managers, and Officers
- Senior Members and Executives
- Vendors and Suppliers
- Contract Professionals and Administrators
- Supply Chain Professionals
- Candidates Working Toward the Occupational Certificate: Supply Chain Practitioner
Learning outcomes
What you will learn
- Gain a detailed, thorough understanding of every stage of procurement planning, tendering, and bid management
- Apply the best practices, practical tools, and techniques used across the procurement planning and bid management process, including generative AI tools for drafting and evaluation
- Build the skills and confidence to lead and take charge of a full bidding process
- Match the right procurement method to the right situation and circumstances
- Master risk assessment, mitigation, and evaluation across tendering and procurement
Explore the programme
Detailed programme outline
3-Day Essentials — Training Outline
- Strategic sourcing and supply management essentials
- Contemporary trends affecting procurement planning
- The principles and positioning of strategic procurement
- Transformational leadership in procurement
- Types of procurement methods, and designing sourcing/outsourcing strategy
- Open and restricted tendering
- Requests for Proposals (RFPs) and Requests for Quotations (RFQs), including AI-assisted RFx drafting
- E-procurement techniques and two-stage tendering
- Analysing tendering risk, and assessing the supplier market
- Types of bidding: rules-based, positional, and portfolio-based
- Essentials of effective bid management
- Using AI to summarise and compare bids, and to run risk checks, then applying human judgement to the final selection
- Awarding the contract, and contract terms and conditions
- Negotiation skills and ethics, and avoiding frequent negotiation mistakes
- Understanding conflict of interest and identifying potential sources
- Legal and ethical considerations, and strategies to prevent and manage conflicts
- Deciding whether the 5-Day Comprehensive programme is the right next step
5-Day Comprehensive — Training Outline
- Contemporary trends affecting procurement planning and supply management
- The positioning and principles of strategic procurement
- The role and structure of the purchasing department
- Factors affecting procurement, and transformational leadership in procurement
- Types of procurement methods
- Designing sourcing/outsourcing strategy
- Pre-qualification and issuing the Invitation to Tender (ITT)
- E-procurement techniques
- Two-stage tendering
- Analysing tendering risks
- Internal needs analysis
- Assessing the supplier market and collecting information
- Determining the bidding process within the organisation
- Essentials of effective bid management, and tips for success
- The bidding process and supporting documents
- The purpose of bid evaluation, and best practices for it
- Using AI to summarise and compare bids and run risk checks, then applying human judgement to the final selection
- Selecting the bidders
- Awarding the contract, and rejecting bidders
- Contract terms and conditions
- Mastering negotiation skills and ethics
- Frequent mistakes in negotiations
- Persuasion methods and interaction strategies
- Contract types: lump sum, fixed price, cost reimbursement, measurement, and industry-specific
- Contract award management, and forming the contract
- Making modifications to the contract
- Performance management, monitoring, and evaluation
- Contract termination
- Understanding conflict of interest
- Identifying potential sources of conflict in procurement
- Legal and ethical considerations in conflict of interest
- Strategies to prevent and manage conflicts of interest
Learning approach
How you will learn
Our diverse instructional approaches ensure effective learning:
– Lectures & Presentations: Engage with expert-driven, stimulating content.– Course Material: Access well-crafted supporting resources.– Group Work: Collaborate on discussions and case studies for practical insights.– Workshops & Role-Play: Participate in immersive, scenario-based activities.– Practical Application: Focus on applying theoretical knowledge in real situations.– Post-Training Support: Receive extensive support after training for skill implementation.
Discuss your requirements
Dates, duration & arrangements
Contact Ratomac to confirm dates, duration, delivery format, entry requirements and any applicable assessment or certification before booking.
Enquire about this programme