OBJECTIVE:
Purchasing is essential to the success of modern organizations and successful organizations need highly trained and effective managers. Buying team need to be effectively managed in order to balance the requirements for high quality materials and services with the lowest price and low administrative cost and work with other department and functions. This workshop will provide practical examples of developing the right organizational strategies for your team, measuring and improving purchase performance and costs.
CONTENT:
Effective Purchasing in Modern Organizations
· What is the role of Purchasing?
· Essentials for effective Purchasing
· Team roles and Responsibilities
· What do you want to achieve?
Tools for Effective Purchasing
· Supply Positioning
· Supplier Selection
· Roles of Distributors and Agents
Financial and Non- Financial Purchasing
· Pricing Mechanisms
· Value and Cost Analysis
· Capital Equipment Life Cycle Costing
· Early Involvement
Use of Appropriate Sourcing Techniques
· Use of Tendering, Direct Sourcing and E-commerce
· Negotiation Preparation, Strategy and Tactics
· E-Procurement
Implementing Purchasing Improvements
· Key Performance Measures
· Implementing Change
· Planning
· Communication
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: 11th – 14th Mar, 2025
2ND BATCH: 1st – 4th Sept, 2025
25, Queen street, Alagomeji Bus Stop, Yaba, Lagos