Management >> Purchasing Materials Management
Effective Buyer
MM115
Location
Duration
Date
Fee inclusive of VAT
Course Overview
Best Effective buyers have to understand how to bring for change. They have to understand the impact and value they can make by getting a deep understanding of how to capture the best requirements of the business; select those suppliers who are a strategic match through a robust qualification and tender process; and negotiate and prepare viable and sustainable supply contracts that add real and tangible value.
Course Objective
- Evaluate Suppliers - developing key measures for a total cost and value approach
- Select and Managing Suppliers
- Develop a Balanced Performance Measurement Framework that is value driven
- Achieve Operational Efficiency in Purchasing
- Understand the Stages of Effective Contract and Supplier Management
Who Should Attend?
- Contracts, Procurement, Purchasing, bayers and Project personnel
Course Outline
- The Importance of Effective Purchasing
- Procurement Strategy
- Strategic Cost Management
- Good Specification for goods and services
- Defining Needs and Wants
- Developing the Criteria for Pre-Qualification
- Selecting Suppliers
- Tender Process
- Negotiating the Deal
- Importance of Contract Management
Training Methodology
- Presentation & Slides
- Audio Visual Aids
- Interactive Discussion
- Participatory Exercise
- Action Learning
- Class Activities
- Case Studies
- Workshops
- Simulation
Terms & Conditions
ACTrain reserves the right to alter the Course Schedule without Prior Notification, Fees Quoted are Subject to Terms & Conditions Outlined in ACTrain's Registration Policy
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