Masterclass in Advanced Procurement Compliance (3 days)

Course Overview

Effective internal and subsequently external audit compliance is a key fundamental in demonstrating effective governance within an organisation. Whilst most internal departments have a specific process work flow, procurement is often extremely difficult to effectively audit as their activities stem from a specific procurement strategy choice.

This advanced course is designed for both Auditors and Procurement practitioners and leads delegates through a systematic approach to enable validation of compliance from the procurement function, whose activities impact upon every line of annual financial statements.

Uniquely, for procurement team delegates, emphasis is placed upon ensuring that procurement practitioners build an effective yet transparent procurement strategy underpinned by both policy, documentary evidence and audit trails, whilst for auditors the course provides insight into not only how to effectively audit the procurement function, but through knowledge enhancement increases audit sensitivity to potential red flag issues within the procurement function.

Course Contents

DAY 1
Understand the Role of Procurement

  • Key drivers of Procurement strategy
  • The Strategic Procurement Roadmap
  • Roles and Responsibilities of the Function
  • Developing evidence based procurement

Understand the Role of Audit

  • Key drivers of audit strategy
  • The Strategic audit roadmap
  • Conducting effective audits
  • Balancing operational and compliance needs

Understand Procurement Risk

  • The concept of risk
  • Financial risk
  • Operational risk
  • Market risk
  • Importing risk via the supply base
  • Root cause risk analysis
  • Managing & mitigating procurement risk

DAY 2
Developing the Audit Approach - Pre-tender:

  • Examining the supplier selection process
  • Validating existing supplier listings
  • Supplier bid concentration
  • Examining tender pre-qualification focus (PQQ)
  • Examining the tender (ITT)
  • Spend analysis techniques
  • Supplier capability validation systems
  • Potential red flag issues
  • Validating supplier capability
  • Supplier audit visit management
  • Examining supplier scoring systems
  • Managing conflicts of interest
  • Ensuring objectivity within the tender process
  • Potential red flag issues

DAY 3
Developing the Audit Approach - Post Tender- Contracts & Supplier Management:

  • Key legal principles - avoiding contractual risk
  • Examining supplier performance management systems
  • Objective supplier relationship management
  • Developing supplier interaction policies
  • Managing Cross cultural supplier management audit issues
  • Potential red flag issues

 

Benefits of Attending

By attending this Course you will be equipped with the skills to:

  • Understand the Role of the Procurement Function within the Organisation
  • Assess the compliance level of your Procurement Function
  • Effectively Plan and Manage audit compliance
  • Conduct objective and meaningful audits to underpin governance
  • Demonstrate robust governance and transparency to external agencies & customers
  • Effectively manage non compliant procurement risk & red flag scenarios

Who Should Attend this Course?

  • Procurement Directors
  • Business Owners / Managing Directo
  • Supplier Managers
  • Supply Chain Consultants
  • Buyers / Senior Buyers
  • Operations Managers & Directors
  • Finance Managers
  • Heads of Governance & Compliance
  • Executive Directors
  • General Managers
  • Divisional Heads
  • Project Directors
  • Audit team leaders
  • Audit staff
  • Project Leaders
  • Team Leaders
  • Supervisors

* PLUS anyone who is responsible for / involved in procurement, supply chain management, bid management or procurement auditing/compliance

Trainers

Meet your training course director: John Atkinson FITOL

John Atkinson

John’s corporate experience spans some 30 years including Head of Group & Global Procurement for Focus Wickes plc. where he was responsible for the full creation and implementation of global sourcing initiatives, supplier/vendor management and commercial contract negotiation. John has also held senior roles within Barclays Bank corporate and led a wide and diverse range of teams, both locally and globally.

John is a Fellow of the Institute of Training and Occupational Learning and also a Certified Instructor in delivering emotional intelligence training. John has wide international experience, including: Kuwait, Iraq, Qatar, KDR, China, Germany, France, Sweden, Malaysia & West Africa. Organisations that John has worked with include: KNPC, Petronas, Shell, Total, Lafarge, Nigeria LNG, The United Nations, Zain Corporation, Maybank & Sinopec.

As a consultant and trainer for the last 11 years John is passionate about delivery, and utilises his career expertise to ensure that clients receive leading edge training results, enabling delegates to understand not only the subject matter, but also the application and usage to add value both to their role and within the wider organisational environment

 

Meet your training course director: Steve Mallaband

Steve Mallaband

Steve is a procurement professional with over 25 years of experience, and has held senior positions with several large organisations both in the UK and abroad. During his career he has bought a large variety of goods and services in an international context, and has been very actively involved in the use of e-procurement. For the last 7 years he has provided training and consultancy to public and private sector clients around the globe on a wide range of topics. He is a knowledgeable, interesting and entertaining presenter who is able to draw on his wealth of practical experience to excellent effect.

 

Meet your training course director: Ros Howard

Ros Howard Ros is a professional business trainer and a Fellow of the Institute of Training and Occupational Learning (ITOL). Ros has a rich and varied career in industry and education. She believes that excellence in communication and other “soft skills” is vital for business success, and has a real passion for instilling learning in others. For the last 10 years she has provided training, coaching and consultancy to a variety of clients in many different countries and from many different organisations. She is a dynamic and inspiring presenter who, having taught English as a Foreign Language, is particularly sensitive to the needs of the non-native English speakers.

Steve and Ros work together to deliver this Masterclass, offering you the best of both worlds – a very experienced procurement practitioner backed by an expert in communication and soft skills.

 

Endorsed / Approved by:

Upcoming Course Dates *
  • To be announced

*Also available In-House
Please Contact Us