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The companies aim to increase the company's revenues by developing effective purchasing strategies and techniques in a cost-effective manner. In order to achieve the ideal procurement techniques for companies, products and services purchased must account for more than 60% of their total costs. A candidate for a cost reduction process, e-procurement techniques are encouraged as a way to reduce these costs, but are unlikely to operate in the absence of a trust relationship between the supplier and the buyer.
Determination of contractual specifications is considered as the basis of procurement process, as any specification or description, that is poorly mentioned or stipulated, would definitely be a major reason for companies' failure in delivery of goods and services required by the client. Contractors, suppliers, and vendors often use contract specifications and the related conditions as an opportunity to submit claims, complaints, and require alterations and amendments of the works, or products and services.
Therefore, this course entitled "Procurement Techniques & The Trust Between Supplier and Buyer" is intended to develop the basic skills for forming specifications of contracts and procurement agreements, in addition to explaining the significance of such contract specifications, and their impact on the overall procurement process.
By the end of the course, participants will be able to:
This course offers this course to the following categories:
After completing the program, trainees will be able to master the following topics:
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