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Course Methodology

 

This course uses a variety of interactive training methods such as case studies, team exercises, individual exercises, and questionnaires.

 

 
Course Objectives

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

 
  • Identify the important organizational role of the procurement department
  • Use proper negotiation techniques with suppliers
  • Evaluate the performance of the department at the macro level
  • Decide how to choose the best suppliers for their operations
  • Apply the latest innovative procurement techniques for the 21st Century  
 
Target Audience

Senior buyers, purchasing supervisors, purchasing managers and other supply chain personnel.

 
Target Competencies
  • Procurement innovation and creativity
  • Negotiation planning
  • Evaluating suppliers
  • Training buyers
  • Writing procurement KPIs
  • Market search for better suppliers
  • Role of procurement management
    • Total value analysis
    • Linking the procurement function to the organization’s strategy
    • Optimizing procurement productivity
    • Proper buying of materials
    • Proper buying of services
    • Proper buying of capital equipment
    • Speeding up the production of the final product
    • Linking the purchasing function to the other supply chain functions
  • Negotiating with suppliers
    • Qualities of a successful negotiator
    • Proper planning strategies
    • Preparing the right list of questions
    • Things to do before the negotiation
    • Things to do during the negotiation
    • Things to do after the negotiation
    • The right time to negotiate with suppliers
    • The number of suppliers to negotiate with
    • Choosing the right suppliers
  • Managing and evaluating the department performance
    • Centralization versus decentralization
    • Advantages of centralized procurement
    • Advantages of decentralized procurement
    • Reasons for departmental performance appraisal
    • Creating a strong purchasing team
    • Distributing the correct workload among the buyers
    • Increasing the efficiency of the buyers
    • Increasing the team spirit within the department
    • Designing and conducting end users surveys
  • Training the procurement staff
    • Technical training on purchased items to increase productivity
    • The number of training hours per year
    • Visiting the supplier plant as a training tool
    • Visiting the supplier warehouse as a training tool
    • Commodity rotation as a training tool
    • Continuous professional development
    • Training on ethical behavior
  • Kaizen and continuous improvement in procurement
    • Innovative purchasing methods
    • Implementing new creative procurement ideas
    • Improvement initiatives
    • Monitoring global market conditions
    • Updating procurement KPIs
    • The right number of procurement KPIs
    • Adding value to the total organization

Schedule & Fees


Locations & Date
04/02/2024
08/02/2024
Doha
5500$
English
14/04/2024
18/04/2024
Turkey
5500$
English
08/09/2024
12/09/2024
London
5500$
English
03/11/2024
08/11/2024
Dubai
5500$
English

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