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Corporate / Group Training

Vendor Selection and Tender Process Management

LCT International, In Worldwide
Length
1 week
Next course start
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Delivery
On-site
Length
1 week
Next course start
Enquire for more information See details
Delivery
On-site

Upcoming start dates

1 start date available

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  • On-site
  • Worldwide

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

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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

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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