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Professional Course

Vendor Selection and Tender Process Management

LCT International, In London (+1 locations)
Length
5 days
Next course start
Enquire for more information (+2 start dates)
Delivery
Classroom, Self-paced Online
Length
5 days
Next course start
Enquire for more information (+2 start dates)
Delivery
Classroom, Self-paced Online

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  • Classroom
  • London

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  • Self-paced Online
  • Online

Training content

The Procurement Cycle

  • Procurement key principles
  • Understand the various stages and key steps of procurement
  • Formulating the procurement strategy
  • Alignment of strategic goals with procurement goals
  • Identification of key stakeholders in the procurement process

Analysing the business needs and requirements

  • Needs recognition
  • Gathering requirements
  • Identification of specific needs
  • Developing the specific statement of requirements
  • Essential elements of the scope of work

Defining the sourcing options

  • Developing the Approved Supplier List
  • Implementing a robust and viable supplier assessment
  • Setting the assessment criteria
  • Supplier qualification screening process
  • Determining the selection and award criteria

The Tendering and Solicitation Process

  • The various stages of the tender procurement process from notice to award
  • The tendering documents and their specific meanings – PIN, EOI, PQQ, RFI, ITT/ RFP/RFQ
  • Developing tender and evaluation criteria
  • Developing the award criteria
  • Managing the complete process

Selection, Negotiation and Contract Award

  • Tender opening and the legal process
  • Managing the evaluation
  • Presentations, interviews and visits
  • Tender Negotiations
  • Contract award procedures

Costs

Please contact us for more information on pricing.

Quick stats about LCT International?

We have trained over 2,500 delegates from almost 600 client organisations

Complimentary Heathrow transfer (one-way)

Endorsed by various organisational and subject specific accrediting bodies

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LCT International
3 Shortlands, Hammersmith
W6 8DA London

London Corporate Training (LCT)

London Corporate Training have been established in the education, consulting and training industries for two decades. They work as a training team from their head office in London and aim to ensure all of their course participants receive the highest...

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