Private Sector Procurement Training
President of NECI — Maureen Sullivan — delivering the Signature Seminar “Construction Infrastructure Masterclass” in Victoria, BC
Unlike in the public sector where the emphasis is on providing effective and efficient services to the public, private sector procurement focuses primarily on profitability. While both public and private sector organizations are incorporating corporate social responsibility elements, in private sector the bottom-line analysis is generally the most significant determining factor in procurement and contracting decisions.
While private sector organizations understand that conducting a competitive process generally results in the best value being realized, and therefore private sector procurement policies often require it, there are no general legislative or trade agreement requirements for private sector to conduct competitive procurement processes. Once a decision to use a competitive process is made, however, the same duties of transparency, fairness, and competitive contracting law apply as in the public sector. It is crucial that private sector staff understand these obligations and the associated risks when embarking on a competitive process, and are equipped to conduct extensive commercial negotiations when the competitive process is bypassed.
Private Sector Procurement Training Options
Techniques I learned in the PSPP program taught me valuable ways to ensure successful contracts, make my day-to-day life easier, and develop solutions for (once) difficult situations
Completing the [PSPP] program gave me a higher level of confidence in my position, and especially for developing high quality RFPs and strong supplier relationships. I am eager to explore my next training option to further my career in procurement and contract management
I found the Skills Builders Bundle has something to offer even for the most experienced of procurement specialists. Whether you are just starting out in procurement or have many years’ experience, there are some very good reminders and new concepts to take away. I really enjoyed the experience and found the interactive web sessions extremely easy to follow.
I liked the ability to access and complete the course at my own pace and convenience. I also like that the course material is downloadable which allowed me to review the material during the course and anytime at my leisure. The modules were well presented and the speaker’s voice was clear and pleasant to listen to. As usual NECI material, including the Legal Edge, is an interesting read and always thought provoking.