Specialized training programs
Empower your team with the knowledge and skills needed for effective procurement. Efficacy Group of Companies offers specialized training programs designed to address the unique challenges faced by your organization.
Our expert-led sessions encompass a wide range of procurement topics, ensuring participants gain practical insights and up-to-date industry knowledge. Through interactive workshops and real-world case studies, we foster a culture of continuous improvement and compliance. Equip your workforce with the tools they need to excel in procurement and drive your organization’s success forward.
Smart people know better than to take steps based on gut feelings alone. Training is necessity for any company. As the leader of the company you need to know how your services will look the next year.
Research beyond the business plan
- Principles of procurement management
- Procurement documents
- Setting up specifications, terms of reference or scope of work
- Solicitating methods available to organizations
- Setting up evaluation requirements to ensure that the best bidder is selected
- Awarding of procurement contracts
- The importance of contract management in delivering value for money
- The risks and pitfalls of weak contract management
- The relationship between the specification and the required performance by the supplier
- Procurement Contract Drafting
- The importance of the specification in ensuring effective evaluation criteria
- Different payment models to support effective delivery by suppliers
- The need to measure suppliers’ performance
- Initiating commencement and review meetings
- Monitoring against agreed KPIs
- Planning measures for corrective action if required
- Recording performance to demonstrate value for money and to provide an audit trail
- Management of payments and service credits
- Dispute resolution
- Managing contract extensions and terminations
- Developing an exiting strategy