Introduction
The primary supposition is that although procurement may have general qualities that are valid despite the industrial context, the construction sector offers unique features with respect to procurement. These features are classified under four groupings: relationship management, supply risk, coordination, and learning/knowledge sharing. The key context-specific features include a varying relationship lifecycle, the unique and complex nature of products and services, customization, and the non-repetitive and temporary nature of projects. The key managerial issues involve the acquisition of a wide range of procurement competencies and the overall status of procurement in the organization. Hence, managing procurement efficiently and competently requires an understanding of all these aspects. This course in procurement and logistics for real estate managers covers a range of topics to equip professionals with the necessary skills and knowledge to efficiently manage the supply chain and operational aspects of real estate.
Duration
15 Days
Who Should Attend?
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Real Estate Managers
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Property Managers
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Facility Managers
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Procurement Specialists
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Logistics and Supply Chain Professionals
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Real Estate Investors
Course Level:
Course Objectives
1. Understand the role of procurement in real estate management, its significance, and the impact on overall operations.
2. Learn the procurement lifecycle, from identifying needs, sourcing, vendor selection, and contract negotiation to vendor management.
Understand legal and regulatory aspects in real estate procurement, including contracts, compliance, and ethical considerations
Course Outline
Module 1: Introduction to Real Estate Procurement and Logistics
· Understanding the role of procurement and logistics in real estate management
· Overview of supply chain management in the real estate industry
· Key concepts, terminologies, and the importance of efficient procurement
Module 2: Real Estate Procurement Fundamentals
· Types of procurement in real estate (goods, services, construction)
· Procurement methods and strategies
· Legal and ethical considerations in real estate procurement
· Supplier selection, evaluation, and management
Module 3: Logistics in Real Estate Management
· Logistics in real estate operations
· Inventory management and control
· Warehousing and distribution in the context of real estate
· Transportation and its role in real estate logistics
Module 4: Supply Chain Optimization and Cost Management
· Cost reduction strategies in real estate procurement
· Optimization techniques in supply chain management
· Risk management in procurement and logistics
· Sustainable procurement practices in real estate
Module 5: Technology and Innovation in Real Estate Procurement and Logistics
· Role of technology in streamlining procurement and logistics processes
· Use of data analytics and software in supply chain management
· Innovative trends in real estate logistics
Module 6: Regulatory Compliance and Legal Aspects
· Understanding regulatory requirements in real estate procurement and logistics
· Contract management and legal considerations
· Case studies and best practices in compliance
Module 7: Case Studies and Practical Applications
· Real-life examples and case studies of successful real estate procurement and logistics strategies
· Group discussions and analysis of industry-specific scenarios
· Practical exercises and simulations
Module 8: Future Trends and Challenges
· Emerging trends in real estate procurement and logistics
· Challenges and opportunities in the evolving real estate landscape
· Strategies for adapting to changes in the industry
Module 9: Procurement Strategies and Vendor Management
· Developing Procurement Strategies for Real Estate
· Selecting and Evaluating Vendors and Suppliers
· Negotiation Techniques and Contract Management
Module 10: Supply Chain Management in Real Estate
· Understanding the Real Estate Supply Chain
· Inventory Management and Optimization
· Risk Management in Real Estate Supply Chains
Module 11: Sustainable Procurement and Green Logistics
· Sustainable Procurement Practices in Real Estate
· Green Logistics and Environmental Impact
· Integrating Sustainability into Real Estate Procurement and Logistics
Module 12: uniqueness of purchasing and sourcing in real estate industry
· Overview of the role of purchasing and sourcing in the real estate industry.
· Understanding the unique aspects and challenges of sourcing for real estate projects.
· Analyzing market trends and their impact on procurement decisions.
· Forecasting supply and demand dynamics for real estate materials and services.
· Managing the supply chain for real estate projects.
· Supplier selection, evaluation, and relationship management.
Module 13: Negotiation Skills for Real Estate Procurement Officers
· The significance of negotiation skills for procurement officers
· Key differences in negotiation approaches in real estate
· Basics of negotiation theory and strategy
· Identifying different negotiation styles and approaches
· Developing a negotiation framework for real estate procurementt
Module 14: Future Trends and Innovations
· Emerging Trends in Real Estate Procurement and Logistics
· Innovation in Supply Chain and Logistics Management
· Predictions for the Future of Real Estate Procurement
Review and Conclusion
· Recap of key learnings and takeaways
· Discussion on further resources and continuous professional development opportunities
Related Courses
Course Administration Details:
METHODOLOGY
The instructor-led trainings are delivered using a blended learning approach and comprise presentations, guided sessions of practical exercise, web-based tutorials, and group work. Our facilitators are seasoned industry experts with years of experience, working as professionals and trainers in these fields. All facilitation and course materials will be offered in English. The participants should be reasonably proficient in English.
ACCREDITATION
Upon successful completion of this training, participants will be issued an Indepth Research Institute (IRES) certificate certified by the National Industrial Training Authority (NITA).
TRAINING VENUE
The training will be held at IRES Training Centre. The course fee covers the course tuition, training materials, two break refreshments, and lunch. All participants will additionally cater to their travel expenses, visa application, insurance, and other personal expenses.
ACCOMMODATION AND AIRPORT PICKUP
Accommodation and airport pickup are arranged upon request. For reservations contact the Training Officer.
- Email: [email protected]
- Phone: +254715 077 817
TAILOR-MADE
This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our IRES Training Centre or at a convenient location. For further inquiries, please contact us on:
- Email: [email protected]
- Phone: +254715 077 817
PAYMENT
Payment should be transferred to the IRES account through a bank on or before the start of the course. Send proof of payment to [email protected]
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