Through this comprehensive training program, participants will gain the knowledge, skills, and expertise needed to excel as Purchasing Department Performance Evaluation & Audit Professionals. Covering a wide range of topics from KPIs and cost analysis to compliance audits and continuous improvement, participants will be equipped to evaluate, audit, and enhance the performance of purchasing departments, driving operational excellence and contributing to organizational success.
This Certification Program builds Professional Level Skill & Competency in Purchasing Department Performance Evaluation and Operational Audit.
This program provides Professional Level Knowledge, Skills, Competencies and Management Processes for Efficient, Effective and Optimized Operational Auditing of Facilities. This program will also cover Purchasing Department Functional Audits and Special Audits.
Participant will learn about the Good and Best Practices for Audit Processes. Participant will also learn about some Best Practices in Purchasing Department Performance and Operational Audit as Obtained from Benchmarking with Leading Global Purchasing Department. Participant will gain a Multi Discipline, Multi Stakeholder Viewpoint based Operational Audit understanding enabling him to Identify and Propose Improvement Recommendations that have a very high probability of acceptance by the Auditee and Management.
Performance Evaluation and Audit will be conducted against the Subscribed Industry Standards, Organizational Policy, Auditee Strategic Objectives, Operational Strategies and Plans, Operational Targets, Standard Operating Procedures, Work Controls, Good Practices, Best Practices, benchmarking with leading organizations worldwide.
Participant Auditor will also understand Purchasing Department Data Analytic System that provides the Decision Makers adequate timely interpretation of Purchasing Department Operational Data, and relevant data of external origin, for Timely Proactive Management Decisions and Intervention.
Who Should Attend
This program is intended for Purchasing Department Performance Evaluation and Operational Audit Professionals, Managers, Auditors and other Purchasing Department Professionals and Consultants.
This program is also designed for Professionals and Teams assigned responsibility for Identifying and Implementing Improvements in Purchasing Department including New Technologies, Data Analytic and Artificial Intelligence Solutions for Audit, Performance Reporting, Suggestion Systems, and Decision Support Dashboards..
Program Content & Modules
Certified Purchasing Department Performance Evaluation & Audit Professional
Introduction to Purchasing Department Performance Evaluation & Audit
Fundamentals of Purchasing and Procurement
Importance of Performance Evaluation & Audit
Key Performance Indicators (KPIs) in Purchasing
Developing a Performance Evaluation Framework
Performance Metrics and Data Collection
Purchasing Process Analysis
Supplier Performance Evaluation
Cost Analysis and Savings Evaluation
Compliance and Regulatory Audit in Purchasing
Risk Assessment and Mitigation
Internal Control and Process Improvement
Supplier Relationship Management Audit
Contract Management and Audit
Data Analysis and Visualization for Performance Evaluation
Purchasing Audit Planning and Execution
Communication and Reporting of Audit Findings
Continuous Improvement in Purchasing
Change Management in Purchasing
Business Aspects of Purchasing Department
Strategic Aspects of Purchasing Department Business
Purchasing Department Technologies
Purchasing Department Key Processes
(1) Planning
(2) Coordination with Stakeholders
(3) Contractual Commitments & Service Level Agreements
(4) Procurement Operational Management
(5) Procurement Monitoring & Expediting
(6) Proactive Procurement Actions
(7) Sustainability & Environmental Protection
(8) Data Security
(9) Regulatory Compliance
(10) Coordination with Inventory System
(11) Supplier Management
(12) Internal Controls & Reviews
(13) Purchase Human Resource Management
(14) Contracting & Outsourcing.
Key Success Factors for each Key Purchasing Department Process
Purchasing Department Stakeholders
Needs and Expectations of Purchasing Department Customers and Stakeholders
Ideas for Exceeding Customer Expectations
Methodology for Purchasing Department Performance Measurement against Key Performance Indicators (KPIs) derived from
(1) Organizational Policies
(2)Operational Targets
(3)Customer Focus Objectives
(4)Strategic Objectives
(5) Purchasing Department Standard Operating Procedures
(6) Purchasing Department Learning
(7)Improvements
(8) Performance Trends
(9)Leadership Displayed.
Organizations Operational Audit Scope Checklists arising from
(1) Industry and Subscribed Standards
(2) Organizational Policy
(3) Auditee Strategic Objectives
(4) Operational Strategies and Plans
(5) Operational Targets
(6) Standard Operating Procedures
(7) Work Controls
(8) Good and Best Practices
(8) Benchmarking with Industry Leaders.
Good and Best Practices for Purchasing Department Audit Processes
(1) Risk Based Auditing
(2) Setting Audit Priorities
(3) Audit Preparation
(4) Pre-Audit Activities
(5) Audit Plans and Checklists
(6) Audit Procedure
(7) Audit Cooperation and Coordination
(8) Resolving Audit Problems
(9) Taking Auditee Inputs
(10) Reconfirmation of Key Facts
(11) Investigative Audit Activities
(12) Following-up of Information Leads
(13) Resolving Observed Problems with Auditees
(14) Closing Audit Presentation
(15) Draft Audit Report
(16) Consultations and Further Investigations
(17) Final Audit Report
(18) Management Buy-in
(19) Implementing Recommendations
(20) Improvements Confirmation Audit.
Advanced Professional Level Insights into Purchasing Department Audit & Performance Evaluation Processes & Decisions
Developing Purchasing Department & Facilities Operational Audit QA & QC Plan
Workshop 1 & 2
Ethical Considerations in Purchasing Audits
Technology and Automation in Purchasing Audit
Fraud Detection and Prevention in Purchasing
Auditing Procurement Contracts and Agreements
Auditing Purchase-to-Pay (P2P) Processes
Auditing Supplier Diversity and Sustainability
Auditing Supplier Selection and Evaluation
Auditing Procurement Risk Management
Auditing Procurement Performance Metrics
Auditing Procurement Policy and Procedure Compliance
Auditing Procurement Technology Solutions
Auditing Procurement Communication and Collaboration
Auditing Purchasing Decision-Making Processes
Auditing Procurement Compliance with Industry Standards
Auditing Procurement Strategy Alignment
Auditing Procurement Data Security and Privacy
Auditing Supplier Relationship Management
Auditing Procurement Sustainability Reporting
Auditing Procurement Continuous Improvement
Auditing Learning & Training of Purchasing Department Operational Staff
Auditing Purchasing Department Process Documentation
Auditing Recommendations Leveraging Best Benchmarked Purchasing Department Practices
Auditing Standard Operating Procedures SOPs for Purchasing Department Processes
Purchasing Department Performance Evaluation Knowledge System
Building & Updating a Purchasing Department Operational Audit Knowledge System
Workshop 3
Auditing Procurement Process Automation
Auditing Procurement Legal and Regulatory Compliance
A Customized Detailed Action Plan to apply the Program Knowledge to Work. The detailed Action Plan and Implementation Plans you prepare and take away after the program will help you take improvement initiatives and make a positive difference in your job, team, business unit or organization. This difference after implementation and when added to your resume will make you a prime candidate for career advancement in your own organization or in your next job/s.
Benefits for Organization Sponsoring Participants
(Made possible by Euro Training's unique, multidiscipline, customer focused, strategic focused, knowledge management, Data Analytics approach)
Improved Performance through
Effectiveness (doing right first time by considering all key stakeholders), Efficiency (applying good practices), Goal Achievement (KPIs)
Customer Satisfaction
Strategic Alignment
Multi-discipline Empowered Employee
Multi-Stakeholder Focus
Customer Focus
Operational Focus
Strategic Focus
Management by Facts (Data Analysis & Performance Evaluation)
Employees Leveraging the Multi-Disciplines for doing the job right first time, by taking following aspects into consideration before decision making... Business Needs, Internal & External Customer Needs and Expectations, Operational & Strategic Objectives, Regulatory Aspects, Industry Standards, Technology Options, Understand Helpful Modern Tools and Methods, Understanding Risks, Leveraging Contingency Plans, Actions that Increase Productivity, Legal & Contractual Aspects, Intellectual Property Aspects, Safety, Security, Audit, Cost Benefit Aspects, Value Engineering Opportunities, Develop Key Performance Indicators, Develop a Meaningful Performance Evaluation System, Leveraging Data Analytic Opportunities, Leveraging Artificial Intelligence Opportunities, Developing a Decision Support Knowledge System, Internal Business Unit Training System, Internal Employee Certification System .... (and more multi-discipline aspects)
Creating a Professionally Certified Pool of Domain Mentors, Coach & Trainers who have access to the required resources from the Developed Knowledge System. Also Also helping create internal multi-level job competency certification system.
Participant Career & Life Benefits Gained by Attending this Professional Certification Program
Job Satisfaction that will come when satisfying your customers
Respect that will come when you are Recognized by your Peers
Promotion that will come from your Better Job Performance, Making Improvements and Convincing Performance Review Handling
Career Advancement that will come from your increased Employability through Convincing Competency Display in Resume and Interviews, Improvement Ideas, Implemented Improvements & Validated Certification
Registration Form
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Optional Fields
Registration Information 4 Week Professional Certification Training Program
To register: Please send us an official letter confirming registration (on organizational letterhead). Also send us a completed registration form electronically fillable at Program Site and downloadable as MSWord document by Clicking
https://www.eurotraining.com/etl-reg-4w.doc
You can request or registration form by Emailing regn@eurotraining.com and eurotraining@gmail.com
For Program Fee Information Email: fees@eurotraining.com . Fees are Payable by Bank Transfer or Bank Draft. Fee information is also available at:
https://www.eurotraining.com/fees.php
.
Program Fee is
4 week Duration
(1) At Dubai, Kuwait, New Delhi, Qatar £13,990 (USD $17,800) per participant.
(2) At London, US Locations, Europe, Malaysia, Singapore £15,389 (USD $19,580) per participant.
(3) Online eTraining Fee £6,000 (USD $7,500) per participant.
Fee includes Course Materials, Certificate, Refreshments and Lunch (classroom programs). www.eurotraining.com/admin/fees.php)
Accommodation is not included in Program fee. Special rates may be available at venue hotel for program participants.
Special discount of 10% is offered for participants who pay their fees at least 45 days before start of the program.
Refund will not be considered where the participant cancels his registration less than 3 weeks before start of the program. Alternate nominations may be allowed atleast 2 weeks before program start. In case of exceptional hardship or emergency participant may be allowed to attend at another location on payment of additional 10% of the Fee.
All participants are required to fill in Participant Information Form and a Program Induction Form - on first day of the program. Each program may Undergoe Customization to Better Meet Participant Groups Present and Future Career Needs. Please be prepared to let the Instructor/s know about your organization's Special Needs, Interests or Initiatives.
It is always useful for participants to bring their existing problems or case studies, work-process flow charts or job related problems for discussion - consideration will be at sole discretion of the program director/s.
Provisional Registration : You can make a provisional registration request by sending us an email from an official Email Account. On our confirmation we will reserve a seat for you for 14 days. Within 14 days of our confirmation please send us an official registration request. Provisional registration is automatically cancelled at the earlier of (1) 2 weeks after Provisional Registration is Confirmated by us and your fail to reconfirm your attendence. (2) Two weeks before start of the program. We do request you to inform us ASAP you have decided either way. Please note All provisional registrations automatically cancel 2 weeks before program start unless confirmed.
Information required for Provisional Registration: Program Title, Location, Dates, Your Organization Name, Your Email Address, Your FAX No and your Mobile Number.