This workshop is designed to provide the knowledge to assess both the weaknesses and strengths of procurement management practices.
Procurement Chain Management
Duration: 1 Day
Instructor: Dr. Perry Daneshgari
This workshop is designed to provide the knowledge to assess both the weaknesses and strengths of procurement management practices. Procurement in the construction industry has primarily been a function of the specialty contractor. A few general contractors have attempted to purchase material directly from manufacturers. The hidden costs and the other effects of direct purchasing on owners up to now have not been clearly defined. By reducing the costs associated with procurement, mechanical contractors will be able to outperform their competition and dramatically increase profits. Topics include: prevailing and alternative models of procurement chains; procurement cost drivers; a new and more efficient procurement model; and how improved procurement can increase profits. The proposed new model suggests methods to eliminate waste and inefficiency in the supply chain. Mechanical contractors can capitalize on the procurement methods suggested in this model to more effectively work with suppliers and customers.