Training in Istanbul : Effective Procurement Management

PROGRAM TITLE 

Effective Procurement Management

DURATION

5 (five) days

DATES
  • 15 – 19 September 2025
  • 15 – 19 December 2025
VENUE

Mercure Istanbul Bakirkoy, Turkey or similar

PROGRAM OBJECTIVES

At the end of the training, the participants would be better able to:

  • Prepare long-, medium- and short-term procurement strategic & operational plans
  • Develop procurement organization capable of implementing the procurement strategy
  • Lead and manage the implementation of the procurement strategies and plans
PROGRAM CONTENT

Through a critical linkage of leading-edge concepts and best practices, participants will acquire the knowledge & skills to effectively manage the procurement function. The topics covered will include:

  • The concept of strategic & operational procurement management
  • How to craft procurement strategies, plans and programs
  • Developing the proper procurement organization, policies, systems and procedures
  • How to determine the required procurement manpower requirement — composition, competency & quantity
  • Managing purchasing operations
  • The management of project procurement
  • Managing vendor relations
  • Tender management
  • Contract management
  • Warehouse management
  • Delivery/distribution/logistic management
  • Managing procurement information management system
LEARNING METHODOLOGY

A proper mix of short lectures, Q&A, sharing, discussions, individual & group exercises and case studies.

RECOMMENDED PARTICIPANTS
  • Procurement Managers/Senior Officers
  • Purchasing Managers/Senior Officers
  • Contract Administration Managers/Officers
  • Project Managers/Engineers/Officers
  • Those who are groomed for above positions
COURSE FEE
  • US$ 3750.- per person, net into our account
  • Including a certificate, refreshments, lunch, stationery and writing instruments
REGISTRATION

Registration closing date : 4 (four) weeks prior to the commencement date of the program.

If you wish to enrol to this program, kindly complete and submit the form below and we will get back with you shortly

Trespaloma Course Registration
PLEASE SELECT

 

THE IMPORTANCE OF EFFECTIVE PROCUREMENT MANAGEMENT

Effective procurement management is essential for reducing a company’s costs and enhancing overall profitability.

By strategically sourcing goods and services, businesses can negotiate better prices, secure bulk discounts, and establish long-term supplier relationships that lead to cost savings. Efficient procurement processes also minimize waste, reduce delays, and ensure that the company gets the best value for its spending.

One key aspect of cost reduction in procurement is supplier selection. Choosing reliable and cost-effective suppliers helps avoid disruptions and hidden costs associated with poor-quality materials or late deliveries. Additionally, leveraging technology, such as procurement software and automation, enhances efficiency by reducing manual errors, streamlining approvals, and improving inventory management.

Effective procurement also involves risk management. Identifying and mitigating risks related to price fluctuations, supply chain disruptions, and contract terms help prevent unexpected expenses. Moreover, sustainable procurement practices, such as selecting eco-friendly materials and reducing waste, can lead to long-term financial benefits while improving the company’s reputation.

By aligning procurement strategies with business goals, companies can optimize their expenditures, improve operational efficiency, and maintain a competitive edge in the market. Ultimately, well-managed procurement not only reduces costs but also adds value to the entire organization.

OUR ASSOCIATE MANAGEMENT CONSULTING FIRM