Course Title Purchasing Management
Duration   2 Days
Fees £545 + VAT
  Courses can also be provided very cost effectively in house
Course Objectives

To provide those with experience of purchasing practice who have now reached management positions in the function and who need to: -

Develop their inter-personal management skills to derive the maximum benefits from the purchasing function for which they are accountable

Develop their people in purchasing management skills

Who will benefit? Those involved in the management of purchasing and supply operations (buying, materials management, procurement and associated functions)
Course Content
  • Characteristics of a ‘winning’ supply chain function
  • Effective supply chain techniques
  • The materials scene and current thinking
  • ‘Lean thinking’
  • Concept of the supply chain
  • Developing supply chain objectives
  • Constructing strategies for achieving the objectives – a way forward
  • Profitability and purchasing
  • Competitiveness improvements
  • Partnership sourcing – myth or reality?
  • The concept of ‘Value’
  • Identifying ‘value-adding’ opportunities
  • Eliminating ‘non-value adding activity
  • Defining waste
  • Working ‘smarter rather than harder’ in your procurement activities
  • ‘Usage Value’ Techniques
  • Pare to analysis
  • Managing inventory and stores administration
  • Reducing capital tied up in stock
  • Using your suppliers to improve stock management processes
  • Creativity and continuous improvement applications in the procurement process
  • Using suppliers to achieve improvements in purchase cost
  • Kaizen methods
  • Measuring techniques to manage the supply function better
  • If you don’t measure you can’t manage
  • 50+ performance measurements in procurement will be reviewed
  • Managing vendor relationships
  • Partnership
  • Are suppliers an asset or liability
  • Managing the performance of purchase and supply people
  • Setting objectives for staff
  • Mentoring and monitoring performance