Purchasing Management and Cost Saving Techniques

Course Methodology

This course uses a mixture of interactive learning tools such as round table discussions, role playing, case studies, individual and team exercises.

Course Objectives

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

•  Define the strategic role of the purchasing department
•  Perform accurate supplier evaluation
•  Develop effective negotiation strategies with all suppliers
•  Explain the importance of value analysis to purchasing
•  Evaluate the performance of the department using proper Key Performance Indicators (KPIs)
•  Improve the efficiency of the purchasing department
  
  
  

Target Audience

Buyers, senior buyers, purchasing supervisors, purchasing managers and all other personnel who need to understand the purchasing function.

Target Competencies

•  Strategic purchasing operations
•  Item value analysis
•  Departmental management
•  Negotiation
•  Purchasing ethics
•  Supplier evaluation