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The Complete Course on
Contracts & Purchasing
Management

22 Apr - 03 May 2019 Istanbul, Turkey $11,900 Register
15 - 26 Jul 2019 London, UK $11,900 Register
04 - 15 Nov 2019 Kuala Lumpur, Malaysia $11,900 Register

The Structure

This comprehensive course consists of two modules which can be booked as a 10-day training event, or as individual 5-day courses.

Module 1 - The Complete Course on Contracts Management
Module 2 - The Complete Course on Purchasing Management

Why Choose this Course?

This intensive 10-day training course is designed to assist contracts and procurement professionals understand and deal with the increasing complexity of commercial and business relationships. All business professionals need to understand how and why contracts allocate risk to the parties to the contract, and the consequences of failure to meet that risk.

Modern companies need procurement improvements to allow organisations to meet their strategic objectives. This training course promotes best practice in procurement activities and working on the ‘right’ issues of compliance, creativity and supply market knowledge. It establishes how to measure purchasing and contract contributions so that these critical functions are recognised as core competencies.

This COPEX training course will feature:

  • An understanding of how contracts control business relationships of all kinds
  • Risk allocation in contract management; protecting your company’s interests
  • An understanding of international contracting in the English language
  • Selection and application of contract management & procurement strategies
  • Managing suppliers to obtain best in class results

What are the Goals?

By the end of this training course, participants will be able to:

  • Improve their understanding of the role of contracts within a business
  • Develop more confidence in dealing with contracting issues
  • Understand how purchasing & contract strategies can be developed to improve commercial outcomes
  • Learn how to develop high performance purchasing organisations
  • Will show analytics for use to guide procurement and contract strategies

Who is this Course for?

This COPEX training course is suitable to a wide range of professionals but will greatly benefit:

  • Procurement and Contracts Personnel
  • Engineering, Facilities, Finance, and Maintenance Personnel
  • Personnel involved in the planning and management of tender process
  • Contract Administrators, Contract Professionals and Project Coordinators
  • Specifiers, Buyers, Purchasing Professionals and Procurement Officers
  • Contracts Managers and Project Managers

How will this be Presented?

This training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. The course is highly interactive and includes high levels of participant discussion, group interaction, delegate group exercises and case studies. Materials include existing contemporary English language contracts in many jurisdictions. Delegates will be encouraged to raise their own issues and problems faced within their industry or organisations for discussion on a confidential basis.




The Course Content


Module 1
The Complete Course on Contracts Management

Day One: What are Contracts and How are they Created?

  • The need for contractual relationships
  • What is needed to create a valid contract?  Ingredients and formalities
  • Authority and agency
  • The tender process
  • Alternative sourcing
  • Making contracts enforceable - with particular emphasis on the international context

Day Two: The Structure of Contracts

  • Form of Agreement
  • Hierarchy of Terms and Conditions
  • Different contractual structures (Traditional and New)
  • Risk and Title (ownership) in international trade. When does it transfer?
  • Notices and other formalities
  • Which law and which courts?

Day Three: Collateral Documents

  • Securitising performance obligations
  • Bonds and guarantees
  • Parent company guarantees
  • Letters of intent, comfort or awareness
  • Insurance policies
  • Assessing the need for financial security

Day Four: Change and Variation

  • Changes to Contract documents
  • Assignment / Novation explained and distinguished
  • Variation clauses and changes to the scope of work
  • Claims - what they are, and how they arise
  • Delay and disruption
  • Force majeure

Day Five: Resolving Disputes

  • Conflict avoidance and tiered dispute resolution clauses
  • Negotiation
  • Litigation
  • Arbitration
  • Mediation, ENE and new best practices in dispute resolution and management
  • Final questions and review of course

Module 2
The Complete Course on Purchasing Management

Day Six: The 1st Steps to Becoming World Class

  • Stages To World Class Purchasing
  • How Purchasing is viewed today
  • Strategic Sourcing
  • Developing Spend Profiles and the ABC Analysis
  • New Job Descriptions For Purchasing of the future
  • Purchasing Personnel Required Skill Sets

Day Seven: Evaluating Your Own Operation

  • What are Best Practices
  • Purchasing Gap Analysis
  • Vision and Mission for Purchasing
  • Developing The Purchasing Department Strategic Plan
  • Developing Key Performance Indicators (KPIs) For Procurement
  • Developing A Company Purchase Price Index

Day Eight: Continuous Improvement and How to Get It

  • Cost Reduction Initiatives
  • Methods of Cost Containment
  • Waste In The Supply Chain
  • Breaking Down The Elements Of Supplier Cost
  • Commodity/Service Strategic Planning
  • Resisting Price Increases

Day Nine: Supplier Management Approaches

  • Supplier Classification System
  • Supplier Qualification Methods
  • Supplier Performance Metrics
  • Apply Performance criteria to Purchasing Decisions
  • Process Mapping To Eliminate Low Value Activities
  • Applying eProcurement business process

Day Ten: Improving the Image of Procurement

  • Global Sourcing
  • International Labor Rates Comparison
  • Developing and Maintaining a Customer Focus
  • Basic Issues In Corruption And Fraud Prevention
  • Increasing The Level of Procurement Professionalism
  • Keeping Current in the profession

The Certificate

  • COPEX Certificate of Attendance will be provided to delegates who attend and complete the course



The Complete Course on
Contracts & Purchasing
Management


Upcoming Dates

22 Apr - 03 May 2019 in Istanbul - Turkey, $11,900

15 - 26 Jul 2019 in London - UK, $11,900

04 - 15 Nov 2019 in Kuala Lumpur - Malaysia, $11,900


The Structure

This comprehensive course consists of two modules which can be booked as a 10-day training event, or as individual 5-day courses.

Module 1 - The Complete Course on Contracts Management
Module 2 - The Complete Course on Purchasing Management

Why Choose this Course?

This intensive 10-day training course is designed to assist contracts and procurement professionals understand and deal with the increasing complexity of commercial and business relationships. All business professionals need to understand how and why contracts allocate risk to the parties to the contract, and the consequences of failure to meet that risk.

Modern companies need procurement improvements to allow organisations to meet their strategic objectives. This training course promotes best practice in procurement activities and working on the ‘right’ issues of compliance, creativity and supply market knowledge. It establishes how to measure purchasing and contract contributions so that these critical functions are recognised as core competencies.

This COPEX training course will feature:

  • An understanding of how contracts control business relationships of all kinds
  • Risk allocation in contract management; protecting your company’s interests
  • An understanding of international contracting in the English language
  • Selection and application of contract management & procurement strategies
  • Managing suppliers to obtain best in class results

What are the Goals?

By the end of this training course, participants will be able to:

  • Improve their understanding of the role of contracts within a business
  • Develop more confidence in dealing with contracting issues
  • Understand how purchasing & contract strategies can be developed to improve commercial outcomes
  • Learn how to develop high performance purchasing organisations
  • Will show analytics for use to guide procurement and contract strategies

Who is this Course for?

This COPEX training course is suitable to a wide range of professionals but will greatly benefit:

  • Procurement and Contracts Personnel
  • Engineering, Facilities, Finance, and Maintenance Personnel
  • Personnel involved in the planning and management of tender process
  • Contract Administrators, Contract Professionals and Project Coordinators
  • Specifiers, Buyers, Purchasing Professionals and Procurement Officers
  • Contracts Managers and Project Managers

How will this be Presented?

This training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. The course is highly interactive and includes high levels of participant discussion, group interaction, delegate group exercises and case studies. Materials include existing contemporary English language contracts in many jurisdictions. Delegates will be encouraged to raise their own issues and problems faced within their industry or organisations for discussion on a confidential basis.


The Course Content

Module 1
The Complete Course on Contracts Management

Day One: What are Contracts and How are they Created?

  • The need for contractual relationships
  • What is needed to create a valid contract?  Ingredients and formalities
  • Authority and agency
  • The tender process
  • Alternative sourcing
  • Making contracts enforceable - with particular emphasis on the international context

Day Two: The Structure of Contracts

  • Form of Agreement
  • Hierarchy of Terms and Conditions
  • Different contractual structures (Traditional and New)
  • Risk and Title (ownership) in international trade. When does it transfer?
  • Notices and other formalities
  • Which law and which courts?

Day Three: Collateral Documents

  • Securitising performance obligations
  • Bonds and guarantees
  • Parent company guarantees
  • Letters of intent, comfort or awareness
  • Insurance policies
  • Assessing the need for financial security

Day Four: Change and Variation

  • Changes to Contract documents
  • Assignment / Novation explained and distinguished
  • Variation clauses and changes to the scope of work
  • Claims - what they are, and how they arise
  • Delay and disruption
  • Force majeure

Day Five: Resolving Disputes

  • Conflict avoidance and tiered dispute resolution clauses
  • Negotiation
  • Litigation
  • Arbitration
  • Mediation, ENE and new best practices in dispute resolution and management
  • Final questions and review of course

Module 2
The Complete Course on Purchasing Management

Day Six: The 1st Steps to Becoming World Class

  • Stages To World Class Purchasing
  • How Purchasing is viewed today
  • Strategic Sourcing
  • Developing Spend Profiles and the ABC Analysis
  • New Job Descriptions For Purchasing of the future
  • Purchasing Personnel Required Skill Sets

Day Seven: Evaluating Your Own Operation

  • What are Best Practices
  • Purchasing Gap Analysis
  • Vision and Mission for Purchasing
  • Developing The Purchasing Department Strategic Plan
  • Developing Key Performance Indicators (KPIs) For Procurement
  • Developing A Company Purchase Price Index

Day Eight: Continuous Improvement and How to Get It

  • Cost Reduction Initiatives
  • Methods of Cost Containment
  • Waste In The Supply Chain
  • Breaking Down The Elements Of Supplier Cost
  • Commodity/Service Strategic Planning
  • Resisting Price Increases

Day Nine: Supplier Management Approaches

  • Supplier Classification System
  • Supplier Qualification Methods
  • Supplier Performance Metrics
  • Apply Performance criteria to Purchasing Decisions
  • Process Mapping To Eliminate Low Value Activities
  • Applying eProcurement business process

Day Ten: Improving the Image of Procurement

  • Global Sourcing
  • International Labor Rates Comparison
  • Developing and Maintaining a Customer Focus
  • Basic Issues In Corruption And Fraud Prevention
  • Increasing The Level of Procurement Professionalism
  • Keeping Current in the profession

The Certificate

  • COPEX Certificate of Attendance will be provided to delegates who attend and complete the course


© 2018. Material published by Copex shown here is copyrighted. All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.

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© 2018. Material published by Copex shown here is copyrighted.

All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.





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All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.








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All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.







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