Procurement Compliance / Performance Measurement Course Description
Today’s procurement landscape is defined by complex regulations, increasing ethical scrutiny, and a demand for demonstrable value. This comprehensive course delivers the essential knowledge and practical strategies to ensure compliant, efficient, and performance-driven procurement practices.
You will master the complexities of regulations, mitigate risks, track key performance indicators, and foster a strong ethical culture within your procurement function. Gain the tools to confidently navigate the procurement landscape and drive strategic value for your organisation.
Succeed in this challenging environment with the help of WingsWay Training Institute — an ISO-certified and award-winning training centre!
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Recognitions
WingsWay Training Institute, a globally recognized and trusted Authorised Training Centre, ensures you receive top-quality education and recognition for your efforts. Our commitment to delivering exceptional private education in Dubai has earned us the endorsement of the Knowledge and Human Development Authority (KHDA) and ISO 9001:2015 certification from the International Accreditation Forum (IAF).
Furthermore, WingsWay Training Institute proudly achieved the title of ‘Best Training Institute’ twice in 2023 and anticipates maintaining this prestigious position in 2024. Our services and training quality have not only been recognized by students in over 60 countries but also by TOP international organisations.
Course Outline
Module 1: Procurement Compliance Fundamentals
- Key regulations, laws, and ethical standards
- Understanding procurement risk areas
- Best practices for ensuring ethical procurement
Module 2: Implementing Compliance Frameworks
- Developing internal controls and policies
- Supplier risk assessment and due diligence
- Monitoring, auditing, and reporting mechanisms
- Technology tools for compliance management
Module 3: Procurement Performance Measurement
- Defining relevant KPIs for procurement functions
- Data collection and analysis techniques
- Benchmarking and performance improvement strategies
- Demonstrating the value of procurement
Module 4: Building a Culture of Compliance
- Ethics training and awareness initiatives
- Communication and transparency in procurement processes
- Investigating and addressing non-compliance
- Leadership’s role in fostering a compliance culture
Course Duration
- 2 Days
Learning Mode
- Classroom
- Virtual Instructor Led Training – VILT
Course Language
- English
- Arabic
Who Should Attend?
- Procurement professionals
- Supply chain managers
- Contract management specialists
- Auditors and compliance officers
- Business leaders responsible for procurement oversight
Learning Objective
By the end of this course, participants will be able to:
- Understand key procurement regulations, laws, and ethical standards.
- Identify and mitigate common procurement compliance risks.
- Implement effective compliance monitoring and auditing processes.
- Develop and track relevant procurement KPIs.
- Utilise data-driven insights for continuous process improvement.
- Create a culture of compliance and ethical conduct within procurement functions.
Career Opportunities
Expertise in procurement compliance and performance measurement is in high demand across various industries and roles. Completing this course can open doors to opportunities in:
- Procurement Specialist & Management
- Supply Chain Management and Optimization
- Contract Negotiation & Administration
- Auditing & Compliance
- Risk Management
- Leadership roles overseeing procurement functions
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