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Advanced Purchasing And Cost Saving Techniques

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OBJECTIVES

·      Understand the Strategic Role of the Purchasing Department

·      Perform Accurate Supplier Evaluation

·      Identify the Importance of Value Analysis to Purchasing

·      Evaluate the Performance of the Department using Proper KPIs

·      Improve the Efficiency of the Purchasing Function

 

CONTENT
*The Strategic Function of Purchasing

Creating a Purchasing Mission Statement

Understanding the Concerns of Senior Management

Balancing Quality, Service and Price

Things Purchasing Should Strive for

Types of Purchasing Manager

 

*Supplier Evaluation

Negotiating with Suppliers

Power in Negotiation

Planning for Negotiation

Factors Used to Evaluate Suppliers on Total Performance

Ways of Promoting Good Supplier Relations

Creating Suppliers as Good Partners

Choosing the Right Suppliers

 

*Inventory Management

ABC Analysis

Controlling the Budget

VALUE ANALYSIS

Optimizing Purchasing Productivity

Adding Value as a Purchasing Manager

 

*Managing and Evaluating

THE DEPARTMENT PERFORMANCE

Centralization versus Decentralization

Reasons for Departmental Performance Appraisal

Key Performance Indicators (KPIs) for Purchasing

 

*Improving Purchasing Efficiency

Evaluating Service to End Users

Conducting the Right Surveys

Training the Staff

Ethical Behavior

Purchasing Policies and Procedures

 

FOR WHOM: Admin Managers, Stores, Purchasing and Logistics Personnel and others in other departments that perform related functions.

 

Training Methodology

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participants will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.



What you'll learn Understand the Strategic Role of the Purchasing Department, Identify the Importance of Value Analysis to Purchasing, Evaluate the Performance of the Department using Proper KPIs, Improve the Efficiency of the Purchasing Function.
Seats Remaining 15
Venue Alpha Partners Professional Training Conference Centre. 200, Muritala Mohammed Way (3rd Floor) Opposite Adekunle BRT Bus-stop, Yaba - Lagos.
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Starts On 31 May 2017
Ends On 02 Jun 2017
Registration Closes 31 May 2017



Trainer

Alpha Partners
Member since: 1 year ago
Alpha Partners is a staff training and development company headquartered in Lagos, Nigeria.

Pay ₦105000 for this Training

Training Cost ₦105000
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Total Cost ₦105000
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