Subscribe
Course Methodology

 

This course uses a variety of interactive learning methods such as group discussions, videos, team exercises, individual exercises, case studies and questionnaires.

 

 
Course Objectives

By the end of the course, participants will be able to:

 
  • Apply the modern principles of the purchasing function
  • Utilize the best practices in purchasing strategies and processes
  • Use all the skills required to be a successful buyer
  • Improve the efficiency of buying goods and services
  • Describe how best to select suppliers
  • Determine transportation and packaging requirements
  • Explain how to shorten total lead time to speed up the purchasing cycle
 
Target Audience

Junior buyers, intermediate buyers, purchasing department personnel and other personnel from other departments who need to understand the buying function.

 
Target Competencies
  • Purchasing methods
  • Supplier communication
  • Writing purchase orders
  • Logistics methods
  • Sourcing of materials
  • Negotiation
  • Modern purchasing
    • Definition of purchasing
    • Purchasing steps
    • The role of the purchasing function
    • Centralized versus decentralized purchasing
  • Buyer roles and responsibilities
    • Specific duties of a buyer
    • The right job description of a buyer
    • Skills and qualities of a successful buyer
    • Reactive versus creative buyer
    • Limitation of authorities
    • Adding value as a modern buyer
  • Purchasing methods and strategies
    • Conventional purchase blanket orders
    • Forward buying
    • The outsourcing process
    • Stockless Buying
    • Leasing versus buying
    • E-procurement
    • Evolution in strategies for purchasing
  • The purchasing process
    • Request for Information, Quotation and Proposal (RFI, RFQ, RFP)
    • Purchase requisition
    • Purchase order
    • Total cost of ownership
    • Local sourcing versus international sourcing
    • Supplier selection
    • Problems with suppliers
    • Total purchasing cycle
  • Optimizing the communication cycle
    • Communicating better with suppliers
    • Communicating better with end users
    • Communicating better within the purchasing department
    • Speaking techniques
    • Active listening techniques
    • Non-verbal behavior
    • Reducing misunderstanding throughout the purchasing cycle
  • Partnership and negotiation
    • Partnership with suppliers
    • Partnership requirements
    • Building good relationships with suppliers
    • Negotiating with suppliers
    • Qualities of negotiators
    • Negotiation principles
    • Strategies for negotiation

Schedule & Fees


Locations & Date
18/08/2024
23/08/2024
Doha
5500$
English
25/08/2024
29/08/2024
Turkey
5500$
English
03/11/2024
08/11/2024
London
5500$
English
22/12/2024
26/12/2024
Dubai
5500$
English

Related Courses