The place of purchasing in the business
- ‘Marketing’ the purchase
function
- Profit centre versus cost centre
Best
buying practice
- How do you measure up?
- Where are you now?
- Mapping out your key areas for improvement
The objectives of purchasing
- Taking quality for granted
- Reducing costs
- Adding value
- Getting more from vendors
Establishing
effective relationships with other
functions
- How to provide a better service
to internal customers
- Improving co-operation with other
functions
Developing appropriate communication
skills
- Deciding what needs to be communicated
and to whom
- Choosing the most appropriate method
- Seeking feedback
Sourcing suppliers
- Researching the market for supplies
- Using the internet to locate vendors
Effective buying techniques
- Working ‘upstream vs. downstream’
- Purchase cards
- Web auctions
- E-procurement
Inventory aspects
- ‘Lean’ techniques
- Improving stock turn ratios
- Vendor managed inventory methods
- Consignment stock approaches
Performance
improvement techniques
- Measuring to manage
- Using suppliers as an improvement ‘tool’
Legal
aspects of purchasing
- ‘The battle of the forms’
- Review of contract law
Developing
your own action plan
- Implementing in the work place the concepts introduced
in this programme
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