Course Objectives

This program considers current approaches, policies and practices in managing Purchasing and Supply. and  examines the relationship with suppliers and user departments

Course outline 

Understanding Purchasing & Supply

• Role and Activities

• Developing effectiveness

• Strategic awareness

• A total Process

• Integrating purchasing and supply activities

• Optimizing actions

• The Supply Chain

• Seeking to eliminate waste

• Ensuring Supplier Performance

• Competitive bidding

• Analyzing supplier costs

• Cost or value?

• Cost of owning the asset

• The value of contracts

• Measuring supplier performance Legal responsibilities

• Delivering contract performance

Sourcing and Supplier Development

• Supplier Assessment and Vendor Rating

• Seeking and developing suppliers

• Working together for mutual benefit

• Targeting and Prioritizing

Managing Contractors

• Establishing Best Practice

• Issuing instructions

• Dealing with variation to contract

• Managing the contract to completion

• Safety

• Ethics

• Performance measurement

• Types of payment

Managing Inventory

• Control of stock

• Stocking policies

• Alternative approaches to managing inventory

• MRP/MRP II

• Coding and Standardization

• JIT philosophies

Managing Stores and Warehouses

• Physical aspects of stores

• Equipment and resources

• Systems for control

Negotiation

• Identifying what the supplier wants

• Negotiating with monopolies

• Understanding Negotiation

• When to negotiate

• Planning and Preparation

• Theory and Practice

• Communication

Effective Management Philosophies for Purchasing & Supply

• Purchasing and quality in supply

• Customer focus

• Developing team approaches

• Benchmarking and Best practice in Purchasing and Supply

Getting the Best Out OF Your People

• Job Profiling

• Defining the competencies needed for purchasing and supply

• Selecting the right person

• Planning for succession

• Defining Training and Development

Making The Change Successfully

• Obstacles to change

• Implementing sourcing teams

• Ten steps to more effective purchasing performance

• Purchasing role in changing company performance

Who can benefit?

Professionals in Purchasing and Supply positions who wish to enhance their knowledge and develop their skills. Also, personnel working within functions such as Stores and Warehouses, Transport, Distribution, Purchasing, Stock Control

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