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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…

Professional developmentRatomac Trading Consultants

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