Purchasing Management and Cost Saving Techniques

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

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

• Establish the strategic role of the purchasing department, and develop the purchasing mission statement
• Develop effective negotiation strategies and supplier evaluations
• Perform value analysis in purchasing
• Evaluate the performance of the department using proper Key Performance Indicators (KPIs)
• Improve the efficiency of the purchasing department, and understand ethical practices in purchasing

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

• Defining strategic purchasing operations
• Performing value analysis
• Managing procurement functions
• Leading effective negotiations
• Evaluating competing suppliers
• Conducting ethical practices in purchasing