| Course Name : Excellence in Purchasing
Introduction
Purchasing has a direct and powerful effect on an organization's bottom line. Your role in this strategic function is a complex one. You have to orchestrate a dynamic chain of events from bid solicitation to final delivery—often as a member of a multifunctional team—and satisfy the needs of your internal customers without breaking the bank. This course is designed for purchasing professionals. It will ground you in the basics as they are practiced in a contemporary business environment, with a strong emphasis on real-world practices and corporate teamwork.
Course Objectives:
- To acquire competitive and profitability generating skills in the field of purchasing management.
- To formulate optimum purchasing systems with an aim to securing a favourable market position for your company.
- To master purchasing tools.
- To implement a productivity plan and cost reduction plan.
Topics Covered:
- Purchasing Scope and Development
- Supply Processes
- Quantity and Inventory
- Quality and Specification
- Supply Selection
- Price and Cost Management
- Services, Make or Buy, Insourcing and Outsourcing
- Negotiation
- Contract Formation
- Ethics in Purchasing
- Controlling Performance, Efficiency and Effectiveness
- Strategy
Who will benefit from this course:
- Purchasing Officers
- Administration- Account Department
- Other parties involved in purchasing
- School Leavers
Duration: 27½ hours |
