An Interactive 3-Day Training Course
Procurement Fraud Workshop
The Identification, Monitoring,
Detection and Resolution
Course Overview
The broad objectives of scrupulousness in procurement relate to the integrity and honesty in procurement transactions. The accountability; sustenance of integrity; ensuring compliance with processes; maintaining supplier confidence in the organization’s processes; minimizing potential conflicts; all offers being evaluated against the same criteria; ensuring the procurement activity provides the best outcome; and avoiding potential for misconduct, fraud and corruption. Procurement fraud can be one of the more complex frauds to investigate; there are numerous ways it can be committed and, when investigating it, all options need to be considered.
A simple definition of procurement fraud would be ‘fraud within the procurement lifecycle of a product or service, not forgetting long-term maintenance contracts’. Many frauds committed fall within the banner of procurement fraud as most companies obtain products or services through some form of procurement exercise.
Training Outline
DAY 1: Rationale and principles of Procurement Management
- Definition and understanding Procurement and purchasing
- Critical Supply Strategies – the unnecessary need for RFQs
- Definition of Category Management to facilitate Procurement
- Models used in Category Grouping Strategy
- Developing Spend Profiles and the ABC Analysis
- Skill sets For Purchasing of the future
DAY 2: Implementing Internal Controls to Reduce Fraud Risk
- Principles and standards of purchasing practice
- Developing, monitoring and evaluation systems – generating critical reports
- Identification and the prevention of Procurement Fraud
- Developing Company Purchase Price Index
- Developing Key Performance Indicators (KPI) For Procurement
- Ethics and codes for purchasing personnel
DAY 3: Improving the Image of Procurement
- The Most Common Procurement Fraud Schemes and their Primary Red Flags
- 6 common procurement fraud schemes
- The seven global procurement fraud challenge
- Procurement frauds and its effects
- Basic Issues in Corruption and Fraud Prevention
- 10 ways to control procurement fraud
- Increasing the Level of Procurement Professionalism
Certificates
- On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
- Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance
Accreditation
GLOMACS is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.
All Training Seminars delivered by GLOMACS by default are eligible for CPE Credit.
Providers and Associations
About Saudi Glomacs
At Saudi GLOMACS, we specialize in delivering world-class training courses in Saudi Arabia and across various international locations. Our training courses are tailored to meet the unique demands of Saudi Vision 2030 and the Human Capability Development Program, focusing on empowering Saudi citizens and enhancing workforce skills. We offer diverse courses spanning leadership, management, engineering, and technical disciplines to cultivate expertise and drive professional growth. Our flexible learning options—whether in-person, online, or in-house—ensure accessibility and convenience for individuals and organizations alike.
With over 30+ years of experience through the GLOMACS global network, we are committed to delivering innovative, results-driven training solutions. Our expert instructors combine industry knowledge with dynamic teaching methods, fostering practical skill development and long-term career success. By choosing Saudi GLOMACS, you're investing in personal excellence and contributing to the Kingdom’s sustainable economic growth and vision-driven transformation.
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