Procurement Sourcing Best Practices: Key Strategies to Increase Contracting Success (OnDemand Webinar)

$149.00

SKU: 409402EAU

Description

Understand the various areas of procurement that impact the effectiveness of contracting for goods and services.Procurement has increasingly become a focal point of public and private sector organizations and companies. Business owners, industry executives, and government leaders have all experienced the struggles of the constrained supply chain, the challenges of creating a more diversified supplier base, and the risks that have increased in contract delivery and execution.This course will discuss the importance of individuals with procurement responsibility understanding the various areas of procurement that impact the effectiveness of contracting for goods and services for the public and private sector. The panelist experts will discuss how to increase the value of procurement service delivery through improved core competency development, effective application of appropriate sourcing tools, strategizing effective contract administration, and increased diversity of the supply chain. This course will also discuss how procurement professionals and those involved in the sourcing process can leverage best practices to increase value to clients, reduce risk, and improve contract success. This material is critical for all those involved in the procurement process.

Date: 2022-04-08 Start Time: End Time:

Learning Objectives

The Core Competencies of Procurement Sourcing
• Identifying the Key Competencies Required for the Sourcing Process
• Applying Competencies to Create a Positive Impact on Today’s Sourcing Challenges
• Marketing the Value and Importance of Competency Development

Determining the Optimal Procurement Sourcing Method
• Distinguishing Between the Scope of Work and the Statement of Work
• Selecting the Most Appropriate Sourcing Tool in Your Toolbox
• Leveraging Knowledge From the Supplier Community

Creating Highly Effective Contracts
• Analyzing the Six Categories of Contract Risk
• Envisioning Contract Performance in the Contract Administration Phase
• Increasing Contract Performance Success Through Performance Measures

Maximizing Diversity and Competition in the Sourcing Process
• Identifying Supplier Sourcing Goals
• Creating an Effective Supplier Relationship Management Program
• Establishing a Diverse Supplier Pool

Questions and Answers

CLE (Please check the Detailed Credit Information page for states that have already been approved) ,ISM ,CPE ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Tara Acton, CPPB-Mohave County, Marcheta E. Gillespie, FNIGP, NIGP-CPP, C.P.M., CPPB, CPM – NIGP Code & Consulting Powered by Periscope/mdf Commerce, Victor Leamer, CPPB – Spokane County