Procurement Training | Management Training in Madrid

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Procurement Training & Certification Course

Madrid

Gain a comprehensive understanding of Procurement principles, practices, and strategies
Learn to optimise Procurement processes with our Procurement Training
Understand how to identify, assess, and mitigate risks associated with Procurement

Dates & Prices Dates & Prices

Course information

Procurement Training Course Outline

Module 1: Introduction to Purchasing and Procurement

What is Procurement and Purchasing?
Fundamentals of Procurement

Module 2: What Constitutes Best Practice and Why It Matters?

Introduction to Goods.
Introduction to Services.
Types of Services.
Difference Between Goods and Services.

Module 3: Specifications and Stakeholder Engagement

Importance of Specifications.
Components of Specifications.
Vetting the Specification.
Specification Approval.

Module 4: Supplier Selection

How to Research and Prepare a List of Suppliers?
EU Procurement Rules.
RFs, RFQs, RFPs, ITTs, Framework Agreements, and E-auctions.
Developing Good Selection Criteria for Choosing Suppliers.

Module 5: Introduction to Contract Terms and Conditions

Typical Contract Terms.
How to Ensure Your Terms Prevail?

Module 6: Supplier Management and Review

Measuring Supplier Performance.
Preparing and Running Performance Reviews.

Module 7: Using Continuous Improvement Approach

Applying Best Practices.
Developing an Action Plan

Who should attend this Procurement Training Course?

The Procurement Course is designed to equip individuals with the knowledge and skills necessary for Procurement practices and effectively contribute to organisational success. The following professionals will benefit the most from this course:

Procurement Managers
Supply Chain Managers
Purchasing Officers
Contract Managers
Vendor Relationship Managers
Operations Managers
Project Managers

Prerequisites of the Procurement Training Course

There are no formal prerequisites for attending this Procurement Training Course.

Procurement Training Course Overview

Procurement is a critical business function that ensures the effective acquisition of goods and services necessary for company operations. In today's global market, understanding Procurement processes and strategies is essential for maintaining competitive advantage. Comprehensive Procurement Training enhances this understanding, equipping professionals with the skills to manage Procurement activities efficiently.

Proficiency in Procurement is crucial for Purchasing Managers, Supply Chain Managers, Procurement Officers, and Contract Managers. Mastering this field enables professionals to streamline Procurement processes, negotiate better deals, manage supplier risks, and ensure compliance with legal and ethical standards. It is essential for those aiming to optimise resource utilisation and drive organisational success.

The Knowledge Academy's 1-day training provides delegates with an intensive understanding of Procurement practices, covering essential principles and current trends in the field. This certification course is designed to empower delegates with practical skills and knowledge, enabling them to implement effective Procurement strategies in their organisations immediately.

Course Objectives

To understand the foundational principles of Procurement and supply chain management
To explore various Procurement strategies and their applications in different industries
To apply best practices in supplier selection, evaluation, and management
To analyse and interpret Procurement data to make informed decisions
To optimise Procurement processes for cost savings and efficiency
To comprehend legal and ethical considerations in Procurement activities

Upon completion, delegates will have acquired the knowledge and skills necessary to manage Procurement processes effectively, making them invaluable assets in their professional fields.

What’s included in this Procurement Training Course?

World-Class Training Sessions from Experienced Instructors.
Procurement Certificate.
Digital Delegate Pack.

Why choose us

Our Madrid venue

Includes..

Free Wi-Fi

To make sure you’re always connected we offer completely free and easy to access wi-fi.

Air conditioned

To keep you comfortable during your course we offer a fully air conditioned environment.

Full IT support

IT support is on hand to sort out any unforseen issues that may arise.

Video equipment

This location has full video conferencing equipment.

Madrid is the capital of the municipality of Spain, there’s a population of around 3,000,000 inhabitants. The city is the third largest in the European Union. Madrid has the third largest metropolitan area within the Union. The city is the cultural and political centre if Spain. Madrid is well known famously for its international football teams Real Madrid and Atletico Madrid. The unemployment rate in Madrid is 17.7% which is below national average.Schools in Madrid are compulsory from ages 6 through to 16, the education is state provided.The city has various public and private universities including The National University of Distance Education which has around 260,000 enrolled students. It is the only university run by the Spanish government offering diplomas, degrees and certificates to post graduates and undergraduates.

Address

Pinar 5
28006
Madrid

T: +34 932716793

Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Procurement Training | Management Training in Madrid. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

Learn more in our FAQs

Unlock your potential with The Knowledge Academy's Procurement Training | Management Training in Madrid, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.

Learn more in our FAQs

Experience the most sought-after learning style with The Knowledge Academy's Procurement Training | Management Training in Madrid. Available in 490+ locations across 190+ countries, our hand-picked Classroom venues offer an invaluable human touch. Immerse yourself in a comprehensive, interactive experience with our expert-led Procurement Training | Management Training in Madrid sessions.

Highly experienced trainers

Boost your skills with our expert trainers, boasting 10+ years of real-world experience, ensuring an engaging and informative training experience

State of the art training venues

We only use the highest standard of learning facilities to make sure your experience is as comfortable and distraction-free as possible

Small class sizes

Our Classroom courses with limited class sizes foster discussions and provide a personalised, interactive learning environment

Great value for money

Achieve certification without breaking the bank. Find a lower price elsewhere? We'll match it to guarantee you the best value

Learn more in our FAQs

Streamline large-scale training requirements with The Knowledge Academy's In-house/Onsite at your business premises. Experience expert-led classroom learning from the comfort of your workplace and engage professional development.

Tailored learning experience

Leverage benefits offered from a certification that fits your unique business or project needs

Maximise your training budget

Cut unnecessary costs and focus your entire budget on what really matters, the training.

Team building opportunity

Our offers a unique chance for your team to bond and engage in discussions, enriching the learning experience beyond traditional classroom settings

Monitor employees progress

The course know-how will help you track and evaluate your employees' progression and performance with relative ease

Learn more in our FAQs

What our customers are saying

Was very clear and informative.

Cindy Morrison

Procurement Training | Management Training in Madrid FAQs

What is Procurement?

Procurement is the process of sourcing and acquiring goods, services, or works from external suppliers. It involves activities such as identifying needs, selecting suppliers, negotiating contracts, and managing the purchase to ensure value for money and efficiency.

What is the difference between purchasing and procurement?

Purchasing refers to the process of acquiring goods or services, typically focusing on the transaction itself. Procurement, on the other hand, involves a broader strategy, including identifying needs, sourcing suppliers, and managing contracts to ensure long-term value.

What are the 3 Ps of procurement?

The three Ps of procurement are People, Process, and Performance. These elements ensure that procurement activities are carried out effectively by having the right people involved, well-defined processes, and measuring performance to drive continuous improvement.

What are the 7 stages of procurement?

The seven stages of procurement are identifying needs, defining specifications, selecting suppliers, inviting bids or proposals, evaluating offers, issuing purchase orders, and managing delivery and payment processes.

What are the four 4 sources of risk in procurement?

The four sources of risk in procurement are supply chain disruptions, financial instability of suppliers, changes in market conditions, and compliance with regulations or contractual obligations. These factors can impact the success of procurement activities.

Are there any prerequisites to attending this course?

There are no formal prerequisites for attending this course.

What are the benefits of this training?

This training enhances skills in strategic sourcing, supplier management, and cost control. It equips professionals with the tools to improve procurement processes, reduce costs, and drive efficiency, ultimately boosting organisational performance and success.

Who should attend this course?

This course is ideal for professionals involved in purchasing, supply chain management, and procurement functions. It’s also perfect for individuals looking to enhance their skills in negotiating, sourcing, and managing supplier relationships effectively.

What will I learn in these Procurement Courses?

The Procurement Courses cover essential topics such as Procurement fundamentals, EU Procurement rules, and supplier list preparation. Delegates learn about goods and services distinctions, specification importance, and criteria development.

Do you offer 24/7 support for this Procurement Online Training?

Yes, The Knowledge Academy offers 24/7 support via phone & email before attending, during, and after the course. Our customer support team is available to assist and promptly resolve any issues you may encounter.

What is the duration of this course?

This course takes 1-day to complete during which delegates participate in intensive learning sessions that cover various course topics.

Do you provide self-paced Procurement Course Certification Online?

The Knowledge Academy provides flexible self-paced training for this course. Self-paced training is beneficial for individuals who have an independent learning style and wish to study at their own pace and convenience.

What kind of jobs can i expect based on this training course?

Upon completing this training course, you can expect roles such as Procurement Manager, Purchasing Officer, Supply Chain Analyst, or Buyer. These positions involve sourcing goods and services, managing suppliers, and ensuring efficient procurement processes.

Do you provide corporate training for this course?

Yes, we provide corporate training for this course, tailored to fit your organisation’s requirements.

Who should I contact if I am unable to access this certification online?

If you are unable to access your training, contact the support team at The Knowledge Academy via their customer service email or phone number provided on their website for prompt assistance and resolution of your issue.

Will the training address the latest trends and best practices in Procurement?

Yes, the training will cover the latest trends and best practices in procurement, ensuring you are equipped with up-to-date knowledge and strategies. You'll gain insights into innovative techniques to enhance procurement efficiency and effectiveness.

What is the significance of holding these Procurement Courses?

Holding Procurement Courses enhances your sourcing, purchasing, and supplier management skills. It demonstrates your expertise, boosts career opportunities, and ensures compliance with best procurement practices, adding value to individual careers and organisations.

What is included in this training?

In this training course, delegates will have intensive training with our experienced instructors, a digital delegate pack consisting of important notes related to this course, and a certificate after course completion, ensuring you gain practical experience and in-depth knowledge.

Which individuals or roles require these Procurement Courses?

Procurement Courses are ideal for procurement, supply chain management, purchasing, and contract management professionals. It is also beneficial for those aspiring to advance their careers in procurement or those responsible for supplier relations and strategic sourcing.

Why should I take this Procurement Certification?

A Procurement Certification Course equips you with essential skills to manage procurement processes effectively. It enhances your ability to negotiate, optimise supplier relationships, and drive cost efficiencies, boosting your career prospects in competitive procurement.

What does this Procurement Certification aim to achieve?

The Procurement Certification aims to equip professionals with essential skills and knowledge in procurement management. It focuses on enhancing strategic sourcing, negotiation techniques, supplier relationship management, and procurement processes to drive efficiency and value in organisations.

What is the qualification for this course?

This course is ideal for individuals looking to enhance their knowledge of procurement processes. No specific prior qualifications are required, though a basic understanding of business operations and procurement practices is beneficial.

What to do after this training?

After completing this training course, you can apply your knowledge to enhance procurement strategies, streamline processes, and manage supplier relationships. You'll be better equipped for procurement, supply chain management, or purchasing roles.

What is the difficulty level for these Procurement Course?

The course is designed to be accessible to all levels, making it suitable for both beginners and experienced professionals. It covers foundational concepts while offering in-depth insights into personal and organisational growth strategies.

Is there an exam for this training course?

No, there is no formal exam at the end of this course. However, delegates are assessed through practical exercises and activities throughout the training to ensure they understand and can apply the concepts effectively.

What is the cost/training fees for Procurement Training & Certification Course in Madrid?

The training fees for Procurement Training & Certification Coursein Madrid starts from €1195

Which is the best training institute/provider of Procurement Training & Certification Course in Madrid?

The Knowledge Academy is the Leading global training provider for Procurement Training & Certification Course.

What are the best Contract Management Training courses in Madrid?

Please see our Contract Management Training courses available in Madrid

Why choose us

Best price in the industry

You won't find better value in the marketplace. If you do find a lower price, we will beat it.

Many delivery methods

Flexible delivery methods are available depending on your learning style.

High quality resources

Resources are included for a comprehensive learning experience.

"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

Joshua Davies, Thames Water

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