A Project Management Institute, Inc. (PMI)®Registered Training Course
International Contracting
Global Sourcing, Selecting Contract Clauses
& Successful Completion
Course Overview
This GLOMACS International Contracting Management training seminar is exclusively and specially designed to provide delegates with an advanced set of skills for dealing with international contracts. International contracting requires a different skill set as organizations need to adhere to different sets of governmental regulations and are subject to separate and distinct laws under disparate legal systems.
International tendering and contractual scenarios require the parties to deal with all manner of additional concerns such as logistics, export and import regulations, differing technical standards, foreign tax issues, payment, and foreign currency exchange. This fast-paced GLOMACS International Contracting Management training seminar is specially designed to alert you to the many issues which are involved when one has to work in the international arena. Those who learn how to deal with these issues will add a rich, exciting, and challenging aspect to their career as well as reduced operating costs for their organizations.
This GLOMACS training seminar will highlight:
- International Sourcing Methods
- Selecting appropriate contract clauses
- Developing the overall price
- Risks with global sourcing
- Dealing with other cultures
Training Objectives
At the end of this GLOMACS training seminar, you will learn to:
- Determine the challenges presented by foreign currency exchange rates
- Understand how to draft and develop International Contracts
- Analyze the global sourcing process and methods of finding international suppliers
- Apply selection criteria for goods and services for global sourcing
- Learn different approaches to global sourcing and the benefits and disadvantages of each
Who should Attend?
This GLOMACS training course is suitable for a wide range of professionals but will greatly benefit:
- Purchasing, Projects and Contracts Professionals
- Supply Management, Operations, Maintenance Professionals
- Engineering and Quality Professionals
- Project Management Professionals
- Anyone who is now, or maybe in the future, involved in sourcing goods or services outside their own country and ethical or legal problems arising from differing labour or health and safety standards, etc.
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.
Training Outline
DAY 1: Why Global Sourcing?
- Why Organizations Outsource?
- Reasons for Going Global
- Using Global Sourcing to Penetrate Existing Markets
- The Global Sourcing Process
- Process For Selecting Items or Services for Global Sourcing
- Risks of Global Sourcing
DAY 2: Global Sourcing Approaches
- Sourcing Methods
- Going Direct
- Identifying Potential Suppliers
- Qualifying Potential Suppliers
- International Tenders
- Dealing with Other Cultures
DAY 3: Developing the Landed Cost
- International Pricing Issues
- Currency Issues
- Taxes and Duties
- Transportation
- INCOTERMS – how they impact on price and risk
- Payment Terms
- Letters of Credit
DAY 4: International Terms & Conditions
- Liquidated Damages and Penalties
- Bonds and Guarantees
- Changes and Variations Clauses
- Conflict of Laws
- Termination
- Prevention of Bribery and Corruption
DAY 5: International Negotiations and Resolution of Disputes
- International Negotiations
- International Contract Administration
- International Warranty Issues
- International Dispute Resolution Methods
- Enforcement of Judgments and Awards in an International Context
Certificates
- On successful completion of this training course, GLOMACS Certificate with eligible Continuing Professional Education credits (CPE) from National Registry of CPE Sponsor and Professional Development Units (PDUs) / Contact Hours from Project Management Institute (PMI®), will be awarded to the delegates
Accreditation
GLOMACS is proud to be an Authorized Training Partner (ATP No. 2759) with PMI®. As an ATP, GLOMACS is authorized to issue applicable Professional Development Units (PDUs) and Educational Contact Hours to participants of any of its PMI® approved training courses for PMI® Certification and Re-Certification.
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
Sessions in international locations
Online Sessions
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