Supply management has advanced the role of purchasing beyond achieving sustainable and recurring cost savings. Optimal purchasing and supply management positions an organization to provide more value to customers, establish market differentiation, develop lasting supplier relationships and become flexible and agile.
Becoming a Certified Purchasing Manager (CPM) could boost your career. Find out what groups offer these certifications, and see what education and experience you'll need
Course Objectives
By the end of the program, participants will be able to
- Realize the important organizational role of the purchasing department
- Use the proper negotiation techniques with suppliers
- Evaluate the performance of the department at the macro level
- Know when and how to train the purchasing staff
- Decide when to buy or lease based on key purchasing factors
Who Should Attend?
- Senior buyers
- Purchasing supervisors
- Purchasing managers
- Material management personnel.
Course Outline
Role of Purchasing Management
- Total Value Analysis
- Linking the Purchasing Function with the Organization Strategy
- Optimizing Purchasing Productivity
- Proper Buying of Materials and Services
- Supporting the Production of the Final Product
- Adding Value to the Total Organization
Negotiating with Suppliers
- Qualities of a Successful Negotiator
- When to Negotiate with Suppliers
- Proper Planning Strategies
- Before, During and After the Negotiation Session
- How Many Suppliers to Negotiate With?
- Choosing the Right Supplier
Managing and Evaluating the Department Performance
- Centralization versus Decentralization
- Advantages of Centralized Purchasing
- Advantages of Decentralized Purchasing
- Reasons for Departmental (Macro-Level) Performance Appraisal
- Designing and Conducting User Surveys
- Creating a Strong Purchasing Team
Training the Purchasing Staff
- How to Train?
- When to Train?
- Continuous Professional Development
- Ethical Behavior
Factors in a Buy / Lease Decision
- When to Buy?
- When to Lease?
- Breakeven Point
Course Methodology
A variety of methodologies will be used during the course that includes:
- (30%) Based on Case Studies
- (30%) Techniques
- (30%) Role Play
- (10%) Concepts
- Pre-test and Post-test
- Variety of Learning Methods
- Lectures
- Case Studies and Self Questionaires
- Group Work
- Discussion
- Presentation
Course Fees
This rate includes participant’s manual, Hand-Outs, buffet lunch, coffee/tea on arrival, morning & afternoon of each day.
Course Timings
Daily Course Timings
08:00 - 08:20 Morning Coffee / Tea
08:20 - 10:00 First Session
10:00 - 10:20 Coffee / Tea / Snacks
10:20 - 12:20 Second Session
12:20 - 13:30 Lunch Break & Prayer Break
13:30 - 15:00 Last Session
Studied or Worked here? Share Your Review
Please do not post:
Thank you once again for doing your part to keep Edarabia the most trusted education source.