Course Details

ADVANCED TENDERING PROCEDURES & BID EVALUATION

Location
Kuala Lumpur, Malaysia
Date
From Date:  25-Nov-2024   To Date:     29-Nov-2024
Duration
5 days
Language
ENGLISH
Discipline
PURCHASING & MATERIALS MANAGEMENT
Introduction

Advanced tendering procedures and bid evaluation are essential for effective procurement in both public and private sectors. These methods enhance efficiency, transparency, and value for money by incorporating strategies like e-procurement, risk management, and sustainability criteria.

Key Components:

  • E-Procurement: Streamlines processes and improves communication.
  • Risk Management: Mitigates potential procurement risks.
  • Criteria Development: Establishes clear evaluation benchmarks.

Benefits:

  • Transparency: Builds trust among stakeholders.
  • Improved Supplier Selection: Ensures alignment with organizational goals.
  • Cost Savings: Reduces expenses and optimizes resource allocation.
Objective

By the end of this training course, participants will be able to:

  • Enhance Efficiency: Streamline procurement processes to save time and reduce costs.
  • Ensure Transparency: Promote open procedures to build trust and accountability.
  • Achieve Value for Money: Select the best suppliers for quality, cost, and service.
  • Mitigate Risks: Manage potential risks for compliance and success.
  • Promote Sustainability: Integrate environmental and social considerations.
  • Encourage Competition: Foster innovation and creativity among bidders.
  • Facilitate Stakeholder Engagement: Involve diverse teams for well-rounded evaluations.
Audience
  • Procurement Professionals
  • Project Managers
  • Decision Makers
  • Bidders and Suppliers
  • Regulatory Authorities
  • Consultants and Advisors
  • Academic and Research Institutions
Content

Day 1: Introduction to Tendering Processes

  • Overview of Procurement Fundamentals
  • Types of Tendering Methods
  • Regulatory Framework and Compliance

Day 2: Advanced Tendering Techniques

  • E-Procurement Systems
  • Developing a Tender Strategy
  • Sustainability in Tendering

Day 3: Bid Preparation and Submission

  • Creating Comprehensive Bid Documents
  • Key Components of a Winning Proposal
  • Common Pitfalls in Bid Preparation

Day 4: Bid Evaluation and Supplier Selection

  • Establishing Evaluation Criteria
  • Scoring Systems and Methodologies
  • Conducting Bid Evaluations and Finalizing Selection

Day 5: Contract Management and Continuous Improvement

  • Negotiation Techniques and Strategies
  • Performance Measurement and KPIs
  • Case Studies and Group Discussions on Best Practices
Certificate

MAESTRO CONSULTANTS Certificate of Completion for delegates who attend and complete the training course.

Methodology

Our courses are highly interactive, typically taking a case study approach that we have found to be an effective method of fostering discussions and transferring knowledge. Participants will learn by active participation during the program through the use of individual exercises, questionnaires, team exercises, training videos, and discussions of “real-life” issues in their organizations.
The material has been designed to enable delegates to apply all of the material with immediate effect back in the workplace.

Fees
$5,750 per attendee including training material/handouts, morning/afternoon coffee breaks and Lunch.