OBJECTIVE
Participants will be will exposed to the best practice methods in purchasing and Supplies  Management, International procurement, Stock Accounts, fraud managements, stock taking/ documentation will be exhaustively discussed. Your staff member needs to benefit from this very important workshop.
CONTENT:

• Understanding the meaning of stock i.e. raw materials, work-in-progress and finished goods
• Identifying and justifying the need for stock.
• Stores locations and management i.e. Central stores, Autonomous stores and semi- autonomous stores, advantages, disadvantages, stores layout, cleanliness etc.
• Modern store keeping methods
• Stock requisitioning procedures
• The approval process.
• Placing orders
• Screening suppliers for efficient performance i.e. performance bonds and implementation of terms
• The tendering process
• Issuing purchase orders: the do’s and don’ts
• Reviewing goods into stores- matching of LPOs, invoice, waybills, receipt vouchers, quality control, certificates etc.
• Identifying and exploring the international market
• International procurement” scope, planning and implications
• Understanding Nigerian Foreign exchange market including recent developments
• Shipping term and other uses including marine insurance
• Development in freight forwarding business in Nigeria including port reforms by the Federal Government
• Finance of International trade; bills for collection, letter of credit, bank guarantees and other payment modes i.e. open account, sight payment, non recourse finance, factoring and forfeiting etc

-    Fraud control in international procurement business

• The provision of the public sector finical regulations
• The provision for the public services rules
• The implication of several government circulars.

THE WORKSHOPS ARE DESIGNED FOR
Participants in this important workshop should include store managers, Inventory managers, purchasing and supplies personnel and and other Management who perform related functions in the public and private sectors

FACULTY: 

The Faculty Team Members are experts from the institute and the world of industry and commerce.

WORKSHOP METHOD:
Formal lectures, Group discussions and Case study.

WORKSHOP VENUE:           
Nisrel Training and Conference Center,
Elephant Cement House,
(5th floor, B Wing) Alausa, Ikeja- Lagos.

DATE: 15-17 June & 9-11 November 2009
                       
FEES: The workshop fee is N55, 500.00 (Forty Five Thousand Five Hundred Naira) only, per participant to cover workshop literature and materials, Executive Bag, Tea/Coffee, Lunch, Photographs, Certificates. Payment may be in cash or Bank draft. Payment may be made before the workshop date or at the venue of the workshop.

DISCOUNTS:
3-5 Participants   5%
Above 5-participants    10%

MODE OF PAYMENTS:
Payments in cash or bank draft should be made to the “Ikeja District Society of ICAN “ and sent to: 
   
The Chairman,
Ikeja District Society,
The Institute of Chartered Accountants of Nigeria,
4, Araromi Street Aniforwose,
P.O BOX 13392, Ikeja.
Tel: 01-8143025 , 01-7943921,07090058765
For In-house training arrangements, please call Francis on 08035062583; 08075486693