TracezGlobal

Strategic Procurement Contracts & Tendering Management

Overview

Introduction

This comprehensive 5-day program equips procurement and commercial professionals with the skills to manage strategic sourcing, tendering, contracting, supplier evaluation, and contract performance. It combines global best practices, commercial risk management, negotiation tactics, legal compliance, and real-world procurement strategies to drive value, reduce costs, and strengthen supplier relationships. Using templates, tools, and case studies, participants will learn how to design effective tenders, evaluate bids, draft powerful contracts, and ensure successful contract execution and governance.

Learning Outcomes

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

Develop effective procurement and tendering strategies aligned with business goals.
Prepare RFIs, RFPs, RFQs, and evaluate supplier bids systematically.
Draft and manage procurement contracts, clauses, and risk-sharing mechanisms.
Apply negotiation strategies and supplier-performance frameworks.
Implement contract governance, compliance, and dispute-resolution practices.