TRAINING OBJECTIVES OF STRATEGIC PROCUREMENT CONTRACT MANAGEMENT 

The training program was design with the following key objectives of learning to the participants:-

• Delivery knowledge on why Contract Management is important for Strategic Procurement
• Process of Contract Life Cycle Management
• Key issue to include into contract

TRAINING DURATION

• 2 day course
• 9.00am to 5.00pm (including time for  lunch &  tea break)

TRAINING METHODOLOGY

This training will involve the following area to enhance learning:

• Power point presentation
• Case studies & Brain storming session
• Discussion on subject of learning
• Facilitating by trainer to enhance understanding of subject matter
• Exercise to evaluate participants understanding

LEARNING OBJECTIVES FROM PARTICIPANTS

By the end of the 2-day interactive session, the learning curve achieve will enable the following:-

• UNDERSTAND  the strategic important of contract management
• DEVELOP action plan to improve supplier management using Contract
• CONDUCT contract risk assessment before implementing the contract
• LEARN the different type of contract in contract management
• MANAGING the contract life cycle management system to ensure effective management and eliminate liability to the company

PARTICIPANTS GROUP

This training program is highly recommended for employees involve in the managing of suppliers contract and for company employees who need to understand contract management for future implementation.

COURSE CONTENT

• The Role of PROCUREMENT

• Business Organization Challenges

• The Strategic and Tactical Objective and Goal of Procurement
  • Sourcing
  • Supplier Selection
  • Supplier Management
  • Strategic versus Tactical Strategy
  • Pareto Analysis
  • Total Cost of Ownership

• Procurement Contract
  • What constitute a contract
  • Purpose of contract
  • Life Cycle of contract
  • Type of Contract
  • Law to use in Malaysia when drafting contract
  • Key Components
  • Dispute clause
  • Liability of each party
  • Ethics of supply chain
  • Termination and extension
  • Law on contract in Malaysia
  • Ultra Vires definition
  • What constitute an illegal contract
  • Contract validation process

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