Hong Kong Institute of Human Resource Management

Executive Certificate in Procurement for HR Professionals

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Course Information

Schedules
  • 18 Nov 2024 (Mon) 9:30 AM - 5:30 PM
Registration period
23 Oct 2024 (Wed) - 1 Nov 2024 (Fri)
Price
HKD 4,000
(Pricing: Member: HK$3,000; Non-member: HK$4,000
HKIHRM Members: Buy One Get One FREE*
Member HK$ 3,000
Non-member HK$ 4,000

*This offer cannot be used with HKIHRM e-voucher and other discounts.)
Course Level
Study Mode
Duration
1 Day(s)
Language
Cantonese, English
Location
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)

Course Overview

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

**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**

What You’ll Learn

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



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