Cost Effective Purchasing & Procurement Skills

  • Start Date

    23 Sep, 2019

  • End Date

    04 Oct, 2019

  • Price

    $5,500

Event Details

By taking this course participants will:

  • Develop threadbare understanding of the importance of the purchase function and how it impacts the business as a whole
  • Understand strategic aspects of the procurement function
  • Understand how to measure performance of the purchase department
  • Improve decision making skills on “make Vs buy” items
  • Understand how to audit the procurement function

CONTENT

  • Traditional v New Age Procurement
  • Elements of Strategic Procurement
  • Concept of Total Cost of Ownership (TCO)
  • Development of Procurement Strategy by using Kraljic Matrix
  • Various KPIs to measure performance of procurement function
  • Learn how to make “Make Vs Buy” Analysis
  • How to audit the procurement function?
  • Learn how to analyse procurement spend
  • Developing an effective electronic procurement strategy
  • Strategic planning for repetitive purchase
  • Tools for understanding commodity markets
  • Advanced suppliers relationships
  • is the price right?
  • Method of price analysis
  • Method of cost analysis
  • Continuous improvement in purchasing
  • Advanced practices in procurement

 

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:

2 Weeks:                     23rd Sept– 4th October, 2019

Other Dates

Start Date End Date
23 Sep, 2019 04 Oct, 2019
  • Venue

    SunLodge Hotel, Off Achimota - Circle Road behind the Shell Filling Station at No. 76, 4th Road (Saxel Estates) Tesano – Accra, Ghana

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