Proper Selection and Dealing with Suppliers and Contractors

Suppliers are the main necessities of any retail company. Depending on the company's inventory selection, companies may need dozens or a few importers. Sometimes they can contact suppliers through sales representatives, but often, especially when the project is in its infancy, the project will need To find importers, either in trade fairs or galleries, or you may find suppliers in wholesale markets, or through a comprehensive directory of suppliers obtained from chambers of commerce and industry, but there are fundamentals in dealing with suppliers and contractors should not be exceeded, Suppliers are divided into categories into several categories, including manufacturers, distributors and independent craftsmen and importers.

The companies aim to increase the company's revenues by developing effective purchasing strategies and techniques in a cost-effective manner. In order to achieve the ideal procurement techniques for companies, products and services purchased must account for more than 60% of their total costs. A candidate for a cost reduction process, e-procurement techniques are encouraged as a way to reduce these costs, but are unlikely to operate in the absence of a trust relationship between the supplier and the buyer.

Determination of contractual specifications is considered as the basis of procurement process, as any  specification or description, that is poorly mentioned or stipulated, would definitely be a major reason for companies' failure in delivery of goods and services required by the client. Contractors, suppliers,  and  vendors  often  use  contract  specifications  and  the  related conditions  as  an  opportunity  to  submit  claims,  complaints,  and  require alterations and amendments of the works, or products and services.

Therefore, this course entitled "Proper Selection and dealing with suppliers and contractors" is intended to develop the basic skills for forming specifications  of  contracts  and  procurement  agreements,  in  addition  to explaining the significance of such contract specifications, and their impact on the overall procurement process.

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