ADVANCED PROCUREMENT

Additional information:

• Price: 5000  AED
• Duration: 2-3 Days
• Timings: Flexible

Course Overview

Purchasing is the process in an organization of buying goods and materials at the most economical way and is recognized as a major contributor to profitability through cost cutting.

This training course will examine the process of buying as a part of the supply chain where relationships with suppliers and customers are paramount and methods examined as to integrate supplier and customer plans to improve profitability.

This stimulating course will examine procurement management as the integration of all business processes across the supply chain looking at strategic, tactical and organizational levels.  This exciting and informative training course will enable delegates to return to their organizations and implement ideas to make significant cost savings in a number of different areas of their business.

Training Course Objectives

• How to understand the process of purchasing within their organizations
• How to determine the best strategy for managing and rating suppliers
• How to identify cost savings through changes to processes
• How to improve negotiation skills
• An understanding of how to make improvements to organization processes.

Design for

This training course is suitable for middle and senior managers who have responsibility for operational areas in the organization, as well as consultants and professionals who support them. For example:

• Operational managers
• Financial managers
• Buyers
• Board level executives and non-executives

Training Course Outline

Amongst a wide range of valuable topics, the following will be prioritized:

• How the procurement function is structured to support the business across all levels
• How to gain valuable savings by analyzing the procurement processes
• How to build relationships with suppliers and customers
• How to influence the inventory to gain significant savings
• Techniques for measuring performance
• How to identify, analyses and evaluate risk across the supply chain
• Understanding of the Global supply chain
• Recognizing the influence of stakeholder groups and managing their expectations
• Understand the importance of cost and price