Introduction to purchasing
Course Objectives
There are immediate financial rewards to be achieved from making the right purchasing decisions. This one-day programme provides a complete overview of the purchasing role and how it fits within the organisation as a whole. Delegates will gain the practical techniques and knowledge, including issues such as tendering, negotiations and contract law, to make the best value purchasing decisions every time.
Contents
- The role of purchasing: - Value for money versus price; Criteria for purchase; Working with other departments.
- The purchasing cycle
- Product or service assessment
- Performance measurement
- Economic quantities
- The nature of subcontracting
- Purchasing services or products – understanding the difference
- Stock control
- Tendering
- Managing supplier relationships
- Understand the methods and priorities of the sales-person
- Sourcing the right suppliers
- The negotiation process
- Writing contracts and the basics of contract law
- Developing relationships for future business
Who should attend
Anyone who is new to the purchasing role, or purchasing executives and buyers who wish to learn best practice. This course can also prove useful for salespeople who wish to understand the purchasing function.
Course benefits
By the end of this programme, delegates will: -
- Be able to implement better systems for efficient buying practice.
- Understand the guidelines behind driving down costs and driving up quality for the best value purchasing solution.
- Understand the organisation’s position before entering into the negotiation process.
This short programme is part of a suite of courses we offer to support those who have responsibility for negotiations in your organisation. You may also be interested in Developing Confident Negotiation Skills, Assertiveness at Work or Finance for non Finance Managers.
Certificates
Trainers background
