Excellence in Developing and Managing Strategic Purchasing Functions

Date Format Fees  
17 Dec - 20 Dec, 2019 Classroom ₦150,000 Register
17 Dec - 20 Dec, 2019 Classroom ₦150,000 Register
16 Jul - 19 Jul, 2019 Classroom ₦150,000 Register

Event Details

This training course aims to enable participants to achieve the following objectives:

  • Understand the role of Professional Purchasers
  • Learn about and practice the key skills Purchasers need to have
  • The essential requirements for Purchasing Management
  • Team structures and roles
  • The benefits of improved purchasing
  • Implementing changes within the team and with other departments
  • Strategies and tactics for improved buying
  • The uses of tendering, negotiation and other approaches
  • Measuring and Improving Purchasing Performance
  • Examine how to become more strategic in Purchasing Activities
  • Determine a best approach to Global Sourcing
  • Review process for international purchasing
  • Analyze ways of managing suppliers more effectively
  • Enhance negotiating skills
  • Learn ways to deal with economic uncertainties

CONTENT

Purchasing in the Organisation

  • What is the role of Purchasing in modern organisations?
  • What is international Best Practice?
  • What do other functions want from Purchasing?
  • Supply Chain Management Concepts
  • Essentials for Effective Purchasing
  • Stages to world class procurement
  • Developing The Strategic Plan For The Procurement Activity
  • Procurement performance measurement

Essential Skills for Purchasing

  • Purchasing Segmentation
  • Supplier Intelligence and planning
  • Supplier Selection
  • Supplier reduction and optimization
  • Requests for Information and Requests for Quotation
  • Contract Law and ethics
  • Use of Tendering, negotiation, direct sourcing and e-commerce
Strategic Sourcing
  • Starting the Strategic Sourcing Process
  • Creating time to be more strategic
  • New job descriptions for supply management
  • Relations With Other Functions
  • Developing the Procurement Price Index
  • Dealing with issues of ethics
Procurement Skills
  • Negotiation
  • Stock control and Effective order quantities
  • Pricing
  • Value Analysis
  • Cost analysis
  • Total Cost of Ownership  & Capital Equipment Life Cycle Costing
  • Measuring Suppliers
  • Key Performance Indicators (KPIs) for Procurement 
International Sourcing
  • Global sourcing
  • International buying process
  • International Labour Rates
  • Locating international sources
  • Source evaluation criteria
  • Managing exchange rate risk
  • Action Planning for implementation

FOR WHOM: Stores, Purchasing and Logistics Personnel in the Public and Private Sectors.

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.

 

Date:

1ST BATCH                        16th – 19th July, 2019                                           

2ND BATCH                       17th – 20th December, 2019

 

  • Venue

    Alpha Partners Professional Training Conference Centre. 200, Muritala Mohammed Way (3rd Floor), Yaba Lagos.

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