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Bid Package Development & Supplier Selection

Special Note

We are offering all three core courses in the PSM series during the week of March 25, 2019 on the Georgia Tech campus.

Course Description

Bid Package Development and Supplier Selection is designed to deepen participants' knowledge base of core activities in the procurement & supply management function. The program covers the sourcing process, specifications gathering, common bid package alternatives, cross-functional collaboration and supplier evaluation & selection. Participants will walk away ready to develop bid packages more thoroughly to help drive sourcing decisions for their organizations. This "hands on" delivery focuses on the professional serving as the main liaison between the buying organization and the selling organization in the company sourcing process.

Who Should Attend

This course is ideal for sourcing initiative leaders, procurement professionals, project managers, finance analyst, contract managers and all procurement & supply management-related professionals involved with bid package development, bid package analysis, negotiations preparation, contracting and supplier selection activity.

How You Will Benefit

  • Increase knowledge base of solicitation options (i.e. RFI, RFP, RFQ) and which solicitation approach to apply based on your organization's needs
  • Enhance understanding of sourcing process and critical steps in the Bid Package development and delivery activities
  • Better leverage and utilization of solicitation tools to drive successful development of bid packages
  • Improve set up and execution of supplier selection scorecards to aid in identifying best Total Cost of Ownership alternatives
  • Heighten understanding of executive communication to leverage leadership support throughout the organization

What Is Covered

  • Bid Package Development Overview 
  • Sourcing Initiative Process Roadmap 
  • Marketplace Analysis Tools
  • Bid Package Alternatives & Design
  • Supplier Selection & Communication

Course Materials

Participants receive a course notebook.

Course Prerequisite and Related Certificate Information

No prerequisites. For those interested in earning the Procurement & Supply Management Leadership (PSM) Certificate, take the below core courses and one elective course within four years.

  1. Bid Package Development & Supplier Selection
  2. Contracting Excellence
  3. Essential Principles of Negotiations

Course CEUs

This course provides for 1.05 continuing education units (CEUs).

Course Instructors

Course Fees

Standard: $1,200.00, Alumni/Org Discount: $1,080.00, Certificate: $996.00 (cost of each course when signing up for and paying for a multi-course certificate program).

First time attendees pay the listed course fee. If you are a returning student of the Supply Chain & Logistics Institute (SCL) courses, you will receive a 10% discount which you will enter at the "Check Out" page. Use Coupon Code SCL-Alum.

There are also discounts available for multiple-team member registrations, to those who prepay for all the courses in a specific certificate, to active/retired military, or to members of certain organizations (click this link for a listing).

Discounts cannot be combined. To receive the coupon code for these discounts, call 404-385-8663 or send us an email prior to registration

The program fee for LIVE courses (non-online) includes continental breakfasts, lunches, breaks, parking, internet access, and all classroom materials.

If the Supply Chain & Logistics Institute must cancel a program, registrants will receive a full refund. Georgia Tech, however, cannot assume the responsibility for other costs incurred. Due to program enrollment limits, early registration is encouraged. Registrations will be acknowledged by a letter of confirmation from Professional Education.

Course Times

On the first day, please check in at least 30 minutes before the class start time.

  • First Day - 8:00am to 5:00pm
  • ​Second Day - 8:00am to 12:00pm

UPCOMING OFFERINGS

March 25, 2019 to March 26, 2019
Georgia Tech Savannah Campus

Join us in Savannah for our Procurement & Supply Management (PSM)Leadership Series starting March 25th!

Brochures/Flyers

Procurement & Supply Management (PSM) Leadership course photo

Taken during our 3-day September 2018 PSM Leadership Program lead by G. Sean Williams.

 
 
 
ISyE location map

Supply Chain & Logistics Institute
H. Milton Stewart School of
Industrial & Systems Engineering
765 Ferst Drive, NW, Suite 228
Atlanta, GA 30332
Phone: 404.894.2343