The Effective Buyer

An Interactive 5 - Day Training Course

The Effective Buyer

Effective Purchasing, Supplier Selection & Contract Preparation

Classroom Dates
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27 - 31 May 2024
Dubai
$5,950
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Register
11 - 15 Nov 2024
Dubai
$5,950
Register
Register
16 - 20 Dec 2024
London
$5,950
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Effective buyers should understand how to bring about change. They must understand the impact and value they can make by having a deep understanding of how to capture the real requirements of the business; select those suppliers who are a strategic match through a robust qualification and tender process; and negotiate and prepare viable and sustainable supply contracts that add real and tangible value.

By attending The Effective Buyer training course, the participants will develop a thorough understanding of the need to initiate processes, systems and best practice procedures to make sure that effective purchasing does not only concentrate on cost reductions; rather it focuses on supplier collaboration and the absolute requirement to enter into a contract that is deemed innovative, sustainable and will deliver efficiencies and cost saving initiatives throughout the life cycle of the contract.

This Energy Training Centre training course will feature:

  • The importance and relevance of effective purchasing
  • Preparation of the scope of work and specifications
  • The tender process
  • Selecting the right suppliers
  • Forming a contract and its essential elements
  • Supplier management throughout the contract lifecycle

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

  • Achieve operational efficiency in purchasing
  • Select and managing suppliers
  • Develop a balanced performance measurement framework that is value driven
  • Evaluate suppliers - developing key measures for a total cost and value approach
  • Understand the stages of effective contract and supplier management

Dynamic, interactive and totally participant focused, The Effective Buyer training course will be delivered by a world class subject matter expert; whose knowledge and skills have been honed over many years working in the field of procurement and contract management. Using the most up to date learning practices, current material and actual case studies, the participants will be taken on a journey of discovery by understanding the real need to develop the right processes and systems for their organization.

The organization will benefit by having trained personnel who can understand and implement:

  • Procurement spend analysis
  • RFIs, RFQs, RFPs, ITTs, and framework agreements
  • Stakeholder engagement
  • Decision analysis
  • Effective tendering and evaluating responses
  • The contract award process

Delegates attending The Effective Buyer training course will learn and benefit by:

  • Understand the role and objectives of procurement within the organization
  • Understand whole life costing
  • Defining the differences between scope statements, scope of work and statement of work
  • Developing a supplier engagement strategy
  • Understand collaborative and effective specification development
  • Defining the essential elements of forming a legal contract

The Effective Buyer training course is suitable to a wide range of professionals but will greatly benefit:

  • Contracts, Procurement, Purchasing, and Project personnel
  • New Buyers or those appointed to the role in the past two or three years
  • Managers responsible for buying departments who wish to understand the roles and activities of their team
  • Staff responsible for Supply Chain Performance
  • Engineering, Operational, Quality, and Maintenance personnel
  • And all others who are involved in interfacing with contractors or suppliers in the acquisition of materials, equipment, parts, and services or anyone who wants to improve supplier performance

Day One: The Procurement Process and the Financial Impact on its Outcomes

  • The importance of effective purchasing
  • Understanding the procurement strategy
  • The five steps of the procurement process
  • Implementing strategies for cost-effective purchasing and procurement
  • Strategic cost management as opposed to Ad-hoc cost reduction
  • Measuring the impact of cost management initiatives on profitability

Day Two: The Critical Elements of the Statement of Work, Scope and Specifications

  • Capturing the real requirement of the end users
  • What a good specification for goods and services looks like?
  • Defining needs and wants - Essential vs. ‘Nice to have’
  • Who needs to develop and contribute to the specification?
  • Important questions to ask when developing a specification
  • Understand the Total Cost of Ownership in relationship to the actual requirements

Day Three: Supplier Selection and Developing Robust Criteria for Supplier Evaluation

  • Creating a supplier development plan
  • Developing the criteria for pre-qualification
  • Selecting suppliers - A balanced judgement
  • Using Carter’s 10 C’s as a tool for selection
  • Price and long term cost considerations
  • Analyzing cost vs. value

Day Four: Developing the Relevant Tender Process and Awarding the Contract to the Most Suitable Supplier

  • Determining the key principles underpinning all tendering and procurement
  • The competitive bidding process
  • Understanding the full tender process from notice to award
  • Evidencing capability, reliability and quality
  • Qualitative and quantitative assessment, review and continual improvement
  • Negotiating the deal

Day Five: Fundamentals of Contract Management

  • The importance of contract management
  • Principles and concepts around contract management
  • The contract management process
  • Contractual risk - How it is created?
  • Critical success factors for effective contract delivery
  • Managing contract performance

We offer two main training formats to cater to different preferences and needs: 

  • Classroom Training Delivery – Our traditional classroom-based training courses provide a face-to-face learning experience with subject matter experts. You’ll benefit form in-person interactions, hands-on exercises, and a structured classroom environment.
  • Online Training Delivery – We also offer convenient live/online training courses that you can access from anywhere with a stable internet connection. These courses provided flexibility and allow you to learn anywhere, making them suitable for busy schedules or remote learning.

The Energy Training Centre Certificate of Completion with corresponding learning hours who has successfully completed the training course.

Yes, we provide assistance by issuing a Letter of Invitation stating that you are confirmed to attend our training.

We value transparency and are happy to provide our instructor’s profiles upon request. If you would like to learn more about our instructor’s’ qualifications, expertise, and experiences, please email us at info@energytraining.ae.

Yes, we do. We provide tailored training courses designed to meet the specific requirement of larger group of individuals. These customized training courses can be conducted both classroom and online formats, allowing you the flexibility to choose you preferred dates and duration.

Please contact us at inhouse@energytraining.ae to discuss your group’s training needs, and we’ll work with you to create a personalized training course that aligns with your objectives.

We have multiple international training venues. You may find this through our website link: https://energytraining.ae/training-locations 

Our training courses are held at our partnered hotels within the city included within our training

Yes, here are the following options we can offer to assist you:

  • Corporate Discount – We can extend our corporate discount to participants staying at the same hotel, if we have any. Please enquire about the availability of this discount when you register for the training course.
  • Nearby Hotel Suggestions – If you prefer other accommodations, we can provide a list of nearby hotels to suit your needs and budget.

Feel free to go through hotel booking platforms on the internet to find the most cost-effective for you.

No, we do not provide job placement services after the training course. However, we are confident that our training course equips you with the necessary tools and knowledge to enhance you career prospects and promote career growth. Our training course are designed to empower you with valuable skills and expertise to excel in your chosen field.

Classroom
  • Tuition fee for a 5-day training course
  • Provision of a world-class subject matter expert to deliver this training
  • Meeting at a hotel venue corresponding to your chosen session
  • Welcome food and drinks, AM / PM snack, and Lunch
  • Digital course materials (e-Tablet)
  • Course completion certificates
  • Designing and administration of Pre-& Post Course Assessments
  • Preparation of participant’s Performance and Appraisal Report, if required
  • Issuance of Letter of Invitation for delegates needed visa processing, if required
Online
  • Tuition fee for a 5-day online training course
  • Provision of a world-class subject matter expert to deliver this training through live/virtual delivery
  • An electronic copy of the training manual and relevant hand-outs
  • Issuance of The Energy Training Centre e-Certificate of Completion
  • Administration of Pre-& Post Workshop Assessments
  • Link access of online platform acceptable to both parties

Certainly, we do provide corporate rates tailored for organizations seeking to enrol multiple employees in our training programs. To facilitate this, we encourage you to make a formal request via email addressed to info@energytraining.ae. We’ll be delighted to discuss and offer a suitable arrangement for your corporate needs.

Yes, special discounts are available upon request if you have more than one registrant for a course. For further information please email us at info@energytraining.ae

We offer two convenient payment options:

  • Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
  • Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.

Upon receipt of your registration details sent via email at reg@energytraining.ae, we will send you the following by e-mail within 24-48 hours of registration.

  • Joining Instructions
  • Invoice/receipt (where appropriate)

 If you register online, you will receive an e-mail on the same day confirming your registration.

There are two convenient options to register for a training course:

  • Online Registration Form – Register for your desired training course by completing the online registration form available on our website. Simple click on the registration button or select your preferred dates and provide the requested information.
  • Email Registration – You can email us your intention to register at info@energytraining.ae. Our team will guide you through the registration process and provide assistance you may need.

Yes, we do allow registration transfers in the event that you are unable to attend the training course. To initiate a transfer, please send us an official email requesting the change. We’ll guide you through the transfer process and ensure a smooth transition of your registration to another eligible participant.

Our training course sessions are scheduled and posted on our website for your convenience. However, we understand that there may be specific requirement for your group. If you have a preferred venue and specific training dates in mind, please feel free to propose them to us by clicking on the button “Propose you preferred location & date” of your preferred training course.

Our course timings slightly vary between the cities we offer our training courses. Please let us know of your preferred course and session (dates/venue) through email at info@energytraining.ae. Alternatively, you may call/WhatsApp us at +971 50 746 0956.

We understand that time zones may be different between our Senior Consultants and our delegates. Our standard online course timings (11:00 AM to 4:00 PM, GMT+4 – Dubai, UAE) may be adjusted upon confirming the programme. Our team shall communicate between the confirmed registered delegates and suggested a suitable course timing for all.

Our standard course duration for our classroom programmes is 6 hours per day while our online session is 5 hours per day.

Our training programmes are designed to be concise yet comprehensive, focusing on professional development. The duration varies based on the specific course content and objectives – we normally offer programmes between 5 – 10 days. However, our emphasis lies in delivering interactive and engaging sessions that prioritize depth of learning within a condensed timeframe. This approach ensures participants acquire substantial knowledge and skills efficiently.

We have been assessed by TUV Rheinland Middle East FZE and comply with Quality Management System standards – ISO 9001:2015 and ISO 29993:2017, ensuring a commitment to quality and excellence in our operations and services.

Our training courses span across diverse industries, encompassing sectors such as but not limited to:

  • Power & Utilities
  • Oil & Gas
  • Financial Institutions
  • Government and Regulatory bodies
  • Manufacturing & Production Industry

Our commitment lies in continuously refining and expanding our training course offerings to align with evolving industry landscapes. We encourage individuals to explore our website or engage with our dedicated support team for the latest information on available courses, ensuring access to the most pertinent and current educational resources.

Yes, Energy Training Centre is an ILM Recognised Provider (ID# 002398B), authorized to register learners and offer training courses recognized by ILM. Participants seeking ILM Recognised Certification would need to complete an assessment post the ILM Recognised courses. ILM is a renowned provider of leadership and management qualifications, part of the City and Guilds Group. Additionally, our company is a CPD Certified Training Company, ensuring our commitment to continuous professional development standards.

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