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ISP TrainingsInnovative Special Projects

Contract Price Adjustment for Small and Medium Enterprises

3 days|Delivered on request

Contract Price Adjustment for Small and Medium Enterprises takes the discipline and works it through the constraints of this operating context, including bid adjudication, contract negotiation and the compliance obligations that come with it. The sector framing is necessary because procurement decisions are now audited for process as closely as for price, and generic training rarely survives contact with the local rules. Delegates leave able to work confidently with inventory optimisation, spend analysis and e-procurement systems in their own organisation.

What delegates leave able to do

  • Take ownership of inventory optimisation rather than escalating it, measured against the Preferential Procurement Policy Framework Act
  • Spot where spend analysis is failing before it becomes a finding
  • Review e-procurement systems and say plainly whether it is working
  • Explain strategic sourcing to someone who does not do the work

What the course covers

  • Bid adjudication
  • Contract negotiation
  • Inventory optimisation
  • Spend analysis
  • E-procurement systems
  • Strategic sourcing
  • Tender evaluation

Who should attend

  • supply chain analysts
  • inventory controllers
  • contract administrators
  • procurement managers
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