Course Overview
The Link of the Purchasing Function with the Organization's Strategy and Creating a Purchasing Mission Statement to Understand Senior Management's Vision and Concerns
Course Objective
- Understand the strategic role of the purchasing department.
- Perform accurate supplier evaluation.
- Learn the importance of value analysis to purchasing.
- Evaluate the performance of the department using proper KPIs.
- Improve the efficiency of the purchasing function.
- Understand the strategic role of the purchasing department.
- Perform accurate supplier evaluation.
- Learn the importance of value analysis to purchasing.
- Evaluate the performance of the department using proper KPIs.
- Improve the efficiency of the purchasing function.
Who Should Attend??
Senior buyers, purchasing supervisors, purchasing managers and other managers who need to understand purchasing management.
Course Outline
- Strategic Function of Purchasing
- Supplier Evaluation
- Inventory Management
- Value Analysis
- Managing and Evaluating the Department Performance
- Improving Purchasing Efficiency
Training Methodology
- Presentation & Slides
- Audio Visual Aids
- Interactive Discussion
- Participatory Exercise
- Action Learning
- Class Activities
- Case Studies
- Workshops
- Simulation