Date: 2024-11-18
Time: 9:30am – 5:30pm
Pricing: Member: HK$3,000; Non-member: HK$4,000
CPD Hours: 7
Language: Cantonese (with English materials)
Venue: HKIHRM, Units 1810-15, 18/F, Millennium City 2, 378 Kwun Tong Road, Kwun Tong, Kowloon, Hong Kong (3-minute walk from Ngau Tau Kok MTR station exit A)
Enrolment Deadline: 1 November 2024
**Participants are encouraged to bring their own smartphones, laptops with Microsoft system and pre-installed MS Excel and MS Word (2019 or higher version) and PDF reader to the class**
HKIHRM Members: Buy One Get One FREE*
Member HK$ 3,000
Non-member HK$ 4,000
*This offer cannot be used with HKIHRM e-voucher and other discounts.
New Member Bundle Offer Terms & Conditions
Course Highlight
This course will cover the latest trends and best practices in procurement, including how to align procurement strategies with the overall goals and objectives of the organisation. It will also focus on the importance of considering risks and environmental, social, and governance (ESG) factors in procurement decisions, ensuring sustainable and ethical practices. By the end of this course, HR professionals will have a clear vision of how procurement can enhance the performance of the HR department and contribute to the overall success of the organisation.
Learning Outcomes
- Understanding the role and importance of procurement in HR operations
- Aligning procurement strategies with organisational goals and objectives
- Mitigating risks and considering ESG factors in procurement decisions
- Gaining strategic insights to effectively manage procurement processes and contribute to overall organisational success
Procurement Procedures and Selection Process
This theme will explore the crucial role that procurement plays in the daily operations of HR and how it directly impacts the success of the organisation. HR professionals will also learn the key considerations in the selection process, enabling them to make informed decisions and effectively manage procurement for HR projects.
- Definition and importance of procurement in business
- Types of procurement processes and their application in HR
- Key considerations in the selection process
- Case study: a company's successful implementation of procurement strategies in their HR operations
Aligning Procurement Strategies with Organisational Goals
This theme will focus on the importance of aligning procurement strategies with the overall goals and objectives of the organisation in order to achieve maximum impact and success.
- Definition of organisational goals in procurement
- Understanding the importance of alignment in achieving cost savings and increased efficiency
- Importance of procurement decisions in supporting the organisation's goals and values
- Case study: a company's successful alignment of procurement strategies with their overall organisational goals and resulting in significant benefits for the company
Mitigating Risks and Upholding Ethical Standards in Procurement
This part will discuss the importance of considering risks and environmental, social, and governance (ESG) factors in procurement decisions to ensure sustainable and ethical practices.
- Definition of risks and ESG in procurement
- Importance of mitigating risks to protect the organisation's reputation and financial stability
- Considering ESG factors in promoting ethical and sustainable practices
- Case study: a company's successful risk management and consideration of ESG factors in their procurement decisions and the resulting positive impact
Strategic Insights for Procurement Management
This final part will provide strategic insights and best practices for effectively managing procurement processes within the HR department.
- Defining best practices (methods or techniques) in procurement
- Strategic insights for developing strong supplier relationships
- Strategic insights for regularly reviewing and evaluating procurement processes
- Case study: a company's successful implementation of strategic insights in their procurement management and the resulting benefits
Mr Frenda So
A member of the Chartered Institute of Management Accountants (CIMA), the Hong Kong Institute of Certified Public Accountants (HKICPA) and the Chartered Association of Certified Accountants (ACCA). He is also the Chartered Secretary and Chartered Governance Professional of the Hong Kong Chartered Governance Institute (HKCGI) and the Chartered Governance Institute (CGI UK & Ireland).
To qualify for the course certificate, participants are required to fulfil ALL of the requirements below:
• Attend 100% of the workshop
• Complete in-class exercises and achieve a PASS mark in the post-workshop quiz
**Participants are encouraged to bring their own smartphones, laptops with Microsoft system and pre-installed MS Excel and MS Word (2019 or higher version) and PDF reader to the class**
