Course Details
Your Growth, Our Mission
Course Description
The management of the procurement in industries that are capital intensive differs remarkably from those in the retail industry. In these types of industries, be it oil & gas, petrochemicals, mining, power generation, water desalination or chemical plant, one should take a much longer term view than is normally the case, which can either add significant long-term shareholder value or on the other hand, may have a long-term negative consequence that cannot be corrected easily.
Even if the company opts for an EPC contract, it is essential that Procurement understands and is involved in the entire process, as upon completion, the project goes into the operation, maintenance and improvement stage.
The Training Course Will Highlight ?
This seminar will deal with the typical procurement problems and solutions related to capital intensive industries. It will address the entire life-cycle, from inception to disposal.
The contents of this course will be useful when considering new projects as well as evaluating a current position. It will provide delegates with the insights required to make good procurement decisions or to realign a current situation, as the effects thereof will be felt for a long time to come.
Training Objective
This seminar will deal with the typical procurement problems and solutions related to capital intensive industries. It will address the entire life-cycle, from inception to disposal.
The contents of this course will be useful when considering new projects as well as evaluating a current position. It will provide delegates with the insights required to make good procurement decisions or to realign a current situation, as the effects thereof will be felt for a long time to come.
Target Audience
Procurement Professionals, Supply Chain Professionals, Tender/Bidding Managers, Project Managers, Contract Administrators, General Supervisors, Supervisors, Foremen, Contracting Unit Supervisors, Project Engineers, Project Managers, Senior Buyers, Warehouse and Distribution Professionals, Procurement, Buyers and Purchasing Professionals, Contracts, Purchasing, and Project Personnel, Engineering, Operational, and Maintenance Personnel, Logistics Professionals, Stock, Warehouse and Logistics/Distribution Professionals, Production and Manufacturing Professionals, Logistics, Warehouse and Distribution Professionals, Commodity Procurement Specialists, Supply Chain Generalists, Contract Administration, anyone who need an understanding of how to establish a warehouse that contributes directly to the efficacy of the value chain and the firm’s overall profitability, anyone who needs an understanding of the relationships between risk, cost and service in supply chains, Managers and Leaders involved in major global sourcing activities, Finance professionals involved with major capital.
Training Methods
Daily Agenda
Day 1: Setting the goals of Procurement and the role during the lifecycle of the project
- What are the goals of Procurement?
- Designing the Procurement system
- Implementing an objective KPI system for Procurement
- Building and staffing of the Procurement Process
- Shortcomings of the financial system
- Overview of the project life cycle
- Preloading phase
- Execution
- Operate, maintain and improve
- Close-out and disposal
Day 2: Procurement’s role during the Preloading Phase
- Meeting shareholder and market expectations
- Justification for capital expenditure
- Various acquisitioning process options
- Ownership options
- Crafting a tender strategy
- Implementing a successful contract strategy
- Common project management pitfalls
- How to ensure projects are delivered:
- On time
- Within budget
- Within the agreed upon specification
Day 3: Procurement’s role during the Design Phase
- Designing the supply base for supplies and services
- Strategic
- Technical
- Projects
- Consumables and general supplies
- Establishing specifications
- Engaging end-users and suppliers
- Establishing and managing the base-line
- Matching end-user requirements with the appropriate supplier capabilities
- Involving the end-user in determining the required technologies
- Compiling supplier selection criteria
- Forming commodity teams to evaluate and provide supply solutions
- Developing an approved supplier list based on the required technologies
Day 4: Tenders and Contract Management & Administration
- Tendering
- The purpose of tendering
- Developing the Scope of Work
- Tender administration
- Tender bonds
- Supplier evaluation techniques
- Contract negotiations
- Contract award
- Contracting
- Objectives of the Contract
- Basic contract types
- General provisions
- The employer
- The engineer
- The contractor
- Nominated subcontractors
- Staff and labor
- Plant, materials and workmanship
- Commencement, delays and suspension
- Tests on completion
- Employer’s taking over
- Defects and liability
- Measurement and evaluation
- Variations and adjustments
- Contract price and payments
- Termination by employer
- Termination by contractor
- Risk and responsibility
- Limitations of liability
- Insurance
- Force majeure
- Liquidated damages
- Claims, disputes and arbitration
- Using industry standard contracts
Day 5: Operate, Maintain and Improve
- Using the ERP system to its maximum advantage
- Dealing with shutdowns and breakdowns
- Rethinking the spare parts problem
- Automating the replenishment process
- Going towards Lean procurement
- Close-out and disposal
Accreditation
BTS attendance certificate will be issued to all attendees completing minimum of 75% of the total course duration.
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