Excellence in Purchasing Management
Excellence in Purchasing Management (MQA Approved)
Aim:
To acquire an understanding on how purchasing can contribute positively to the company’s financial statements and how purchasing strategies can assist an organisation to achieve competitive advantage and how to build a supplier base.
Course Objectives:
- To understand the change of purchasing from an independent function to an integrated activity as well as the supply chain concept.
- To identify various forms of purchasing strategy aimed at gaining competitive advantage.
- To indicate the moving away from quality control towards quality assurance.
- To compare price analysis with cost analysis.
- To understand the different stages of negotiation and taking right decisions.
- To understand the basics of a practical approach to outsourcing.
- To be able to measure purchasing performance.
- To understand a contract formation and understand the ethics in purchasing.
- To be aware of the Procurement Act.
Who can take the course?
- Purchasing Officers, Supply Chain Managers, Production Controllers and Merchandisers
- School Leavers (HSC & SC Students) who are considering career in purchasing and procurement
Course Content:
- Purchasing development
- Supply processes
- Quantity and Inventory
- Quality and Specifications
- Supplier selection
- Price and Cost Management
- Services, Make or Buy, In sourcing and Outsourcing
- Negotiation
- (i) Contract Formation
(ii) Ethics in Purchasing
- Controlling Performance, Efficiency and Effectiveness
- Strategy
Duration: 27.5 HOURS (11 SESSIONS of 2.5 HOURS)
Date and Time: Saturdays from 9:00hr to 11:45hr (including 15 mins break)
The course is subject to HRDC refund.
Certificate awarded: Certificate of attendance to be awarded to the participant at the end of the Course