Procurement & Contract Management
About This Course
Procurement and contracting play a critical role in controlling costs, managing risk, and ensuring operational efficiency. Weak procurement processes and poorly structured contracts can lead to financial losses, compliance issues, and supplier disputes.
The Procurement & Contract Management program provides a practical understanding of the full procurement lifecycle, from sourcing and supplier evaluation to contract development and performance management. Participants learn how to negotiate effectively, manage supplier relationships, reduce risk, and create value through strategic procurement practices.
Learning Objectives
Manage the end-to-end procurement and contracting process
Apply structured sourcing and supplier evaluation methods
Understand contract types, clauses, and legal considerations
Negotiate effectively and manage procurement risks
Improve procurement performance using KPIs and digital tools
Target Audience
- Procurement and sourcing professionals
- Contract managers and administrators
- Supply chain and operations professionals
- Finance and compliance officers involved in procurement
- Professionals responsible for supplier management and cost control
Curriculum
5 Lessons
Your Instructors
