Advanced Purchasing and Cost Saving Techniques Workshop

OBJECTIVES
• Understand the Strategic Role of the Purchasing Department
• Perform accurate Supplier Evaluation
• Indentify 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
• 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:
Stores, Purchasing and Logistics Personnel in the Public and Private Sectors.
Methodology
The training methodology integrates lectures, interactive discussions, collaborative group exercises, and illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical experience, emphasizing the application of learned techniques. This approach ensures that attendees return to their professional environments equipped with both the competence and self-assurance to effectively implement the acquired skills in their responsibilities.

DATE:

1ST BATCH:      14th – 17th Apr,                  2025     

2ND BATCH:     28th – 31st Oct,                 2025