In this 5 part course series, you will learn about various management strategies such as stores management, inventory management, vendor management, budgeting and cost control management, and contract management.
By the end of this course, you will be able to:
Identify key objectives of stores management
Determine the key functions of stores management
Understand inventory management
Manage risks associated with storing goods and materials
Learn the importance of vendor management for business operation
Build vendor management structure
Improve vendor management strategy
Prepare budget for facility management operations
Identify the stakeholders in budgeting and cost control management
Implement cost control techniques
Understand contract management
Implement effective contract management process
Identify the basic outline to draft an agreement
Develop comprehensive agreement and contract
Course Topics
Course 1 - Stores and Procurement Management
Gain an understanding of the key objectives of Store Management.
Course 2 - Vendor Management
Gain an understanding of the fundamentals of vendor management and how essential it is in building value for the business.
Course 3 - Budgeting and Cost Control Management
Learn the principal factors involved in creating a budget and developing budgeting and financial skills for better decision making.
Course 4 - Effective Contract Management in FM Industry
Gain an understanding of the fundamentals of contract management and how it supports the business operations to achieve goals.
Course 5 - Nuances of Drafting FM Contracts/Agreements
Learn how to draft Facility Management Agreements, and discover the ‘Do’s and Don’ts’ whilst drafting contracts.
Prerequisites
This course is suitable for anyone wanting to explore stores and inventory management, the effective methods to interact with vendors on a day-to-day basis, understand techniques and methodologies for cost control ,and develop effective contract management processes.
