DR MANOHARAN MURUGESON has more than 21 years of practical work experience in contracts administration, supplier management, procurement, project management, supply chain and logistics, etc. He specializes in training, facilitation and consulting to both the public and private sector in areas like Procurement Efficiencies including addressing issues of contracts administration, fraud, cost management and product life cycle management, Warehouse Management, Operations Management, Total Cost Management, Supply Chain Management, Total Logistics management, Stock Taking and Auditing,
His landmark consulting experience was designing of materials part numbering and coding systems, preparation of standards, policies and procedures for a large rail network. He was also involved as a consultant for the development of an automated business solution for a wholesale/ retail stationery business with off shore branches where he was instrumental in business process analysis, process improvement, project management and eventual successful completion and commission of the system.
Dr Manoharan’s sample of illustrious clients list for training include Shell, UMW Toyota Motor, Celcom, Samsung, Proton, Colgate-Palmolive, Eon Finance, Philips, Hicom- Yamaha, Malaysian Oxygen, NEC, Petronas, General Electrics, Gamuda, Johnson & Johnson Medical, JVC, Kontena Nasional, Glaxo Wellcome, Hitachi, Hong Leong Lurssen Shipyard, National Heart Institute (IJN), Kenwood, Macfood Service, Nestle, Mattel, Matsushita Industrial Corporation, Maybank, Minolta Precision Engineering, MISC, Perwaja Steel, Seagate, Canon, BASF and UPS, Petronas Carigali, Sidel, Western Digital, Perodua, Sharp, Panasonic
He holds a Doctorate In Business Administration (Ph.D.) from (OUM) and a Masters In Business Administration (MBA) from the USA.
THE MAJESTIC HOTEL KUALA LUMPUR
5 Jalan Sultan Hishamuddin,
50000 Kuala Lumpur,
Phone : 03 2785 8000
https://www.majestickl.com/
Juliany,
03 2283 6109
juliany@ipa.com.my
Phoebe,
03 2283 6100
phoebe@ipa.com.my
FOR CUSTOMISED IN-HOUSE TRAINING
Jane,
03 2283 6101
Jane@ipa.com.my
ADDRESS
A-28-5, 28th Floor, Menara UOA Bangsar,
No.5, Jalan Bangsar Utama 1,
59000 Kuala Lumpur
www.ipa.com.my
FOCUSING ON |
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OVERVIEW |
According to the Association of Certified Fraud Examiners (ACFE), businesses lose up to 5% of their revenue, amounting to $3.7 trillion worldwide to fraud each year.
Combating fraud in procurement is complex and challenging. It requires continuous focus on policies, training, and internal controls. With myriad new technologies being deployed in organizations, sufficient controls are needed. Further, with hybrid work environment new forms of risks need to be addressed speedily.
While efforts to combat fraud through effective policies, training, internal controls, and monitoring have helped organizations over the years, these may not be enough in the future as new, more impactful threats are on the horizon challenging the organizations’ perimeters. External fraudsters are emerging as a bigger threat.
A study by PwC’s Global Economic Crime and Fraud Survey, 2022, found that nearly 70% of organizations experiencing fraud reported that the most disruptive incident came via an external attack or collusion between internal and external sources. While internal fraudsters are subjected to fraud prevention tools such as codes of conduct, training and investigations, external fraudsters are largely immune to such measures.
Procurement fraud can occur at any phase of the procurement process. Right from the need’s establishment and initiation to delivery and payment for goods and services. Establishing a need typically includes specification and defining the scope of work to be performed followed by a bidding process and the creation of purchase orders; the delivery process includes the receiving and inventory functions; and the payment process encompasses the actual disbursement of funds. Procurement malpractices are usually perpetrated by contractors, third party sub-contractors, and, at times, might also involve inhouse staff.
This course is designed to provide a good understanding of how to combat procurement fraud through a revisit of procurement policies, internal control measures and the global trend in mitigating fraud risks through the aid of technology. |
AFTER ATTENDING THIS COURSE YOU WILL RETURN TO YOUR JOB… |
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WHO SHOULD ATTEND |
Chief Finance Officers, Accountants, Chief Operating Officers, Chief Procurement Officers, Directors, Senior Executives, Operational Directors and Managers, General Managers, Senior Managers, and all middle ranking Managers and Executives in:
From all industries and retail operations such as: |
METHODOLOGY |
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