Procurement and Inventories
Purchasing and Inventory Management Techniques and Supplier Selection
Select Other "city & date"
Purchasing and Inventory Management Techniques and Supplier Selection Course
Introduction:
Course Objectives:
In this course participants will consider:
- Purchasing Organizations
- Purchasing Systems
- Alternative Purchasing Methods
- Finding Suppliers
- Defining Specifications
- Legal context for Purchasing
- Negotiation
- The Role of Purchasing in the Organization
- Expediting
- Price, Cost and Value
Who Should Attend?
This course has been designed to enhance the purchasing skills of buyers in business, government and the military. It is intended for buyers of all types of materials, equipment and services who seek to strengthen their personal abilities as well as the performance of their purchasing department.
Course Outlines:
Performance Purchasing
- Introduction to Purchasing and its contribution to the organization
- Key Concepts
- Purchasing Organizations
- The Procurement Cycle
- Purchasing Systems
Supplier Selection
- Specifications
- Working with End-users
- Supplier Evaluation Criteria
- Appropriate Supplier Methodologies
- Total Cost Approach
Tendering
- Form of Tendering
- Request for Information
- Request for Quotation/Invitation to Tender
- Tender Evaluation
- Negotiation
- Price Cost and Value
Legal Issues
- From Tender to Contract
- Supplier non-performance
- Expediting
- Terms and Conditions
- E-procurement fundamentals
Purchasing Performance
- Supplier Measurement
- Vendor Rating
- Action Planning
- Course Review and Evaluation