Obtaining fair and reasonable pricing from contractors and suppliers is a primary objective for all businesses and governments. Evaluating prices through Cost and Price analysis are essential skill sets in meeting these objectives Those involved in these activities understand well the significant challenges in this ever changing business environment and also that there exist significant opportunities for improvement by providing best practice competencies to all those involved in contract and procurement activities. Attending this programme will provide insight into:
Managing Cost and Prices in Volatile Market Conditions.
Obtaining Better Pricing for the Original Contracts and Changes.
Understanding the Methods Contractors use for Pricing.
Understanding the Elements of Price that Make up the Price.
The Importance Of Price/Cost Analysis In Continuous Improvement Programmes.
The Difference Between Price And Cost Analysis.
Criteria For Selecting The Analysis Type.
Methods Of Price Analysis.
Knowledge of Supplier Strategic Alliances.
Analytical Tools for Cost Drivers.
Methods Of Cost Analysis.
Development Of "Should Cost".
Types Of TCO Models.
Procurement professionals
Contract administrators
Financial analysts
Project managers
Small business owners
Reducing The Cost Of Purchased Goods And Services.
Contract’s Savings Impact On The Bottom Line.
Understanding Where To Focus Your Efforts.
Supplier Pricing Models.
Develop Opportunity Hypotheses.
Cost Reduction Reporting Procedure.
Continuous Improvement Skill Sets
Difference Between Cost And Price Analysis.
Selection Tool.
Methods Of Price Analysis.
Historical Analysis.
Using Price Indexes.
Calculating Change.
Developing the Organization’s Contract Price Index.
The world is packed with information; and most organizations struggle to recognize what information they have, why they need it, how long they need it for, and if it has any value. Furthermore, changes in the law, such as the recent changes in the UAE employment law, often call for tighter controls on contract documentation, and lead to a need for enhanced management of human resource and contract records. In addition, electronic information is under threat from cyber-attack and personal information is at risk of exposure. As such, the development and implementation of a records management program that includes document control methods to identify, secure, and protect critical information, is necessary for every organization.
The world is packed with information; and most organizations struggle to recognize what information they have, why they need it, how long they need it for, and if it has any value. Furthermore, changes in the law, such as the recent changes in the UAE employment law, often call for tighter controls on contract documentation, and lead to a need for enhanced management of human resource and contract records. In addition, electronic information is under threat from cyber-attack and personal information is at risk of exposure. As such, the development and implementation of a records management program that includes document control methods to identify, secure, and protect critical information, is necessary for every organization.
Organizations typically start using electronic document management systems to transform paper-based operations after reaching an internal tipping point in which customer response times become too slow, departments don’t have enough bandwidth to solve recurring process bottlenecks, paper archiving becomes too costly or large-scale regulatory risks are exposed during a data breach or compliance fines.
For organizations that have defined but resource-intensive business processes, EDMS is an ideal fit. Document management helps organizations across industries sidestep this busy work entirely by eliminating manual document maintenance, reclaiming valuable staff time, and boosting the bottom-line.
It is universally recognized that for any company to succeed it must take a proactive approach to risk management. Over the last few years, Companies and several countries legislators have been focusing on Process Safety as a method to reduce the risks posed by hazardous industries. Process Hazard Analysis (PHA) is recognized as being a critical tool in the implementation of a successful risk management system
The level of competition in current business environments requires a focus on practices that assist in the management of personal and workgroup tasks, priorities, and projects. All types of organizations need to find more productive means to offer their products and/or services, so goals are established and tasks assigned to better meet customer and stakeholder needs. A focus on the use of productive practices allows for effective and efficient management of project work, establishing priorities and meeting deadlines, and is an important part of customer service.
Through training as a lead disaster recovery manager, you can gain the knowledge and skills required to assist a company in creating, administering, and executing a disaster recovery plan. You will learn about business continuity management's best practices for disaster recovery processes and ICT disaster recovery services throughout this training course.