OBJECTIVE
Poor stock control and bad purchasing decisions can lead to the financial collapse of an organization whilst good stock control and procurement can enhance profitability and ensure long term growth. This workshop explores key concepts forming the basics of strategic purchasing, logistics and more through leading edge issues that confront organizations today
CONTENT:
*Effective Purchasing in Modern Organization
– What is the role of Purchasing?
– Essentials for Effective Purchasing
– Team Roles and Responsibilities
– Concepts and Approaches in Purchasing Management
*Tools for Effective Purchasing
– Spend Mapping
– Supply Positioning
– Supplier Intelligence
– Supplier Selection
– Role of Distributors and Agents
*Understanding what is Logistics
– Definitions of Logistics
– The Interrelations and Connections of
Buying Supply chain management
Managing and Controlling Operations
– Controlling Operations
– Planning Operations
– Performance Measurement
– Financial Planning
*Stock Control and Warehouse Processes
– Setting order levels
– Stock Rotation & Adjustments
– Meeting Customer orders
– Stock Taking
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 Jan, 2025
2ND BATCH: 17th – 20th June, 2025
25, Queen street, Alagomeji Bus Stop, Yaba, Lagos