All prices are in Canadian dollars.

Identifying and Managing Procurement Risks - Public and Private Sector

Date:   Apr 28, 2020 - Apr 29, 2020
Time:   9:00 AM (EDT)
Location:   Supply Chain Canada, ON Institute
1 Dundas Street West, Suite 2704
Toronto, ON

 

Managing Procurement Risks

 

Workshop Overview:

 

Procurement risks are ever increasing considering the high value, increased size, scope and volume of procurements, complexity, stringent policies, rules, regulations and trade agreements. This workshop is developed to identify potential risks and provide practical tools and strategies to mitigate those risks. 

 

Professionals involved in Supply Chain Activities make decisions and inherit a variety of risks while executing procurement projects involving a large amount of dollars. Are you aware of those risks and should you be taking those risks? And how to provide value added services to your organization by effectively mitigating procurement risks.  Procurement professionals that understand risks, consequences and mitigation strategies are the leaders for supply chain.  Procurement professionals are tasked to achieve cost-savings and conduct an open, fair and transparent procurement process. Do you realize that systematic identification and risk mitigation strategies significantly increases your chances of achieving those cost savings targets and meeting the fairness obligations?

 

This workshop will show you how to achieve those targets and provide you with comprehensive understanding of different types of risks at each stage of the procurement process. It will provide you with risk mitigation strategies, case studies, checklists and best practices.

 

Target Audience:

 

This workshop is designed for wide-range of professionals involved in Supply Chain Activities (procuring goods, services, construction, consulting) within the private sector and public sector organizations (Municipal, Provincial and Federal government, Universities, Hospitals, School boards, Colleges and other government agencies) where they are directly or indirectly involved in procurement activities and influencing the procurement outcome.

 

The professionals including Project Managers, Evaluation Team members, Logistics professionals, Category Specialist, Procurement Analyst, Procurement Managers, Business Analysts, Subject Matter Experts (SMEs), Contract Managers, HR, IT, and Finance Professionals would greatly benefit  and gain confidence from this workshop where they would understand the procurement risks and gain knowledge around the best practices for managing those risks to improve the overall bottom line of their organization.

 

Learning Outcomes:

 

  • Overview of procurement stages: planning, developing specification, selecting appropriate procurement method, managing tendering process, evaluating bids, negotiations, contract management and close-out.
  • Understanding key procurement methods (Request for Proposal, Request for Tenders, Request for Information, Request for Prequalification).
  • Awareness of different type of potential risks (what could go wrong) in the procurement cycle (Policy, Process, Technical, Project Management, People, Legal, Finance, Fairness and Technology).
  • Standard payment terms, risks of lower credit limits and its impacts on workload, stockout, backorder, ordering cost and profit margin.
  • Process of identifying the unknown and known risks.
  • Accessing the impacts of potential risks.
  • Applying proven strategies/options to mitigate potential risks (Action Plan – when and how to avoid risks, assume risks or take a hybrid approach).
  • Strategies to improve the bottom-line (cost savings, cost overruns) and value-added services to your clients.
  • Case studies to apply the knowledge obtained in this workshop.

 

 

 

Instructor: Umesh Kalia, CSCMP, CPPO, CPPB, C.P.M.

 

Umesh Kalia has over 20 years of procurement and supply chain management experience leading complex and high value procurement projects both within the private sector (Suzuki Japan & Linamar Corporation - automotive industry) and 12 years as a Public Servant; including, his current role as a Procurement Manager, Client Relations and Category Management with the City of Vaughan, Ontario and his previous procurement and management roles within the Ministry of Government and Consumer Services, Ontario Ministry of Health and Long-Term Care, Ontario Ministry of Natural Resources and Forestry, City of Brampton and University of Toronto.

 

Umesh is a Mechanical Engineering graduate and a Certified Supply Chain Management Professional (CSCMP), Certified Public Procurement Officer (CPPO), Certified Professional Public Buyer (CPPB), and Certified Purchasing Manager (C.P.M.) designations holder.  Umesh is a program Faculty at the Osgoode Hall School for the Public Procurement Governance program. Umesh has trained wide variety of professionals on areas of Procurement Policy, Procurement 101, Effective Contract Management, Effective Negotiation, Writing Scope of Work and Statement of Work, Developing and Managing the RFP process, Writing Effective Briefing material, developing Business Case, Managing Mandatories and avoiding non-compliances. 


Prices:
 

Early Bird Registration Available until January 25, 2020

  • Member: $850.50 + HST (13%)
  • Non Member: $1120.50 + HST (13%)
    • Non member registration includes membership until April 30, 2020 (activated after seminar ends)
    • *Available to Ontario residents only

Regular Registration

  • Member: $945.00 + HST (13%)
  • Non Member: $1,245.00 + HST (13%)
    • Non member registration includes membership until April 30, 2020 (activated after seminar ends)
    • Available to Ontario residents only
This seminar is worth 10 Continuous Professional Development (CPD) Maintenance Credits

Accommodations

Should you require accommodations to attend this workshop, SCMAO has the following preferred rates at the Chelsea Hotel at 33 Gerrard Street West.

2019

Chelsea

Deluxe

Kitchenette

Club

Jan - March

$169.00

$199.00

$249.00

$249.00

April – Nov

$195.00

$225.00

$275.00

$275.00

Dec

$159.00

$189.00

$239.00

$239.0

 

INCLUDED IN THE RATE:

  •  This rate offers Non Last Room Availability – the above rates may not be available on certain high demand periods. On these dates our Reservations team shall offer the best available rate of the day.
  • Complimentary basic high speed internet in all guestrooms, meeting space and public areas.
  • Use of Deck 27 our Adults only Fitness Centre offering indoor pool, hot tub, full change rooms and outdoor patio.
  • The Club Rooms include, Complimentary breakfast in the Club Lounge, Complimentary Hors d'oeuvre from 5 – 7 pm

Please note: Should you need to cancel your booking, Chelsea requires 48 hours notice.

To book a room at the Chelsea Hotel, please phone the reservation desk at 1-800-243-5732 and specify you are a guest of SCMAO.  You will need to present a copy of your seminar registration receipt upon check-in.

Interactive Workshop Cancellation/Refund Policy:

A full refund will be issued on cancellations received in writing at least 10 business days prior to the workshop start date. An administration fee of $150.00 is applicable if notification is received between three and nine days prior to start date. Thereafter no refund will be available. Substitutions and transfer of registrations is permissible when received in writing three business days before the workshop start date.  Credits to be used for future offerings are valid for 12 months from the date of initial payment and will expire if not used in that time frame.  

Interactive Workshop Cancellation/Rescheduling:

In the event of a workshop being cancelled or rescheduled, prior notification will be given to registrants by phone or e-mail, with the option of a full refund of registration fees or transfer of registration to another SCMAO offering.

Registrations must be received no later than 3 days prior to the start date to allow time for processing confirmation.

Attendees will  receive a confirmation email with the specific workshop details, such as room number shortly after registering for the event.


Registration

To start the registration process please enter your email address.

This attendee is the primary registrant and their contact information will be kept on file.

Should you not be able to complete the registration process in one sitting, any information you have entered will be saved and your registration will continue from where you left off when you return.

By entering your email you are giving your consent to be contacted electronically by Supply Chain Canada on matters regarding the event and your registration.


Optional

Have a promotional code? Enter it here.