Procurement & Warehouses From $2000

Course Date

2026-11-02
2027-02-01
2027-05-03
2027-08-02

Course Cost

Note / Price varies according to the selected city

Price per participant, per week $2000

Register 3 participants on the same course and pay for 2 only

Members NO. : 1
$2000

Members NO. : 2
$4000

Members NO. : 3
$4000 (pay for 2)

Categories

Reading Between the Bids: A Training Course in Supplier Evaluation and Trade-off Analysis (Online / Remote)


Summary

Choosing between two bids that look almost identical on paper is where most procurement mistakes actually happen — not in reading the numbers, but in deciding what those numbers are worth. This Arab British Fellowship Training Academy course is built for anyone who has ever had to pick a winning offer and justify that choice afterwards.

Inside any company’s procurement cycle, a request for a product or service goes out and bids come back from suppliers — and the process of scoring them fairly, using criteria the whole organisation has agreed on in advance, is what separates a defensible decision from a guess. This course walks through that evaluation mechanism in detail, along with the negotiation skills needed once a preferred supplier has been identified.

Objectives and target group

Who Should Attend

  • Company managers and owners, and administrative department managers.
  • Financial approval officers within companies.
  • Procurement department managers, and staff working in bid evaluation.

What You Will Be Able to Do

  • Distinguish between bids and identify the offer closest to company policy on cost and quality.
  • Evaluate suppliers and the companies they represent using recognised methods.
  • Apply purchasing methods, tender procedures, and the principles behind reviewing purchase requests.
  • Compare offers and separate close bids using the criteria that matter beyond the headline price.
  • Apply the point-aggregation principle to choose the most suitable bid among several.

Course Content

Module 1: The Purchase Function and Why Bid Evaluation Matters

  • The nature, definition, and importance of the purchase function, and the elements of a purchasing system.
  • Aligning bid evaluation with the company’s procurement objectives.

Module 2: Building Evaluation Criteria That Hold Up

  • Developing quantitative and qualitative evaluation criteria, and conducting cost analysis and total cost of ownership.
  • The point-aggregation principle for deciding which bids to select after comparison.
  • Identifying the people and committees involved in bid evaluation, and their voting rights.

Module 3: Weighing Trade-offs Between Offers

  • Linking quality and price to the specific product the company is requesting.
  • Separating close offers using the less obvious factors that should shape evaluation.
  • Trade-offs between cost, quality, and delivery time, using scoring models and decision matrices.

Module 4: Judging the Supplier, Not Just the Offer

  • The importance of choosing a suitable supply source, and the foundations and methods of supplier evaluation.
  • Using historical performance metrics in the evaluation process.
  • Identifying risks associated with different suppliers, and strategies for mitigating them.

Module 5: Negotiating and Deciding

  • Negotiation techniques and strategies with selected suppliers.
  • A practical case study on building a supplier evaluation system, and a lab exercise applying it to your own company.
  • Emerging trends affecting bid evaluation and supplier selection.

Course Delivery

  • Group training, or intensive individual training.
  • Field and practical training alongside theoretical sessions in the classroom.

Certificate

Participants receive a certificate accredited by the Arab British Fellowship Training Academy upon completion.

Related Course

In-Person

Reading Between the Bids: A Training Course in Supplier Evaluation and Trade-off Analysis

2026-11-02

2027-02-01

2027-05-03

2027-08-02

$4500