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An Intensive 2-Day Online Training Course

Advanced Purchasing Management

DATES

15 - 16 May 2023 Live/Online US $ 2450 Enroll now
19 - 20 Jun 2023 Live/Online US $ 2450 Enroll now
24 - 25 Jul 2023 Live/Online US $ 2450 Enroll now
Introduction

Purchasing is one of the most important functions for successful organisations. Selecting and applying the appropriate methodologies to ensure value for money, and high quality delivery by suppliers, requires collaboration across all functions and a strong contractual underpinning of the supplier relationship. This requires a complete understanding of the needs of the organisation, and the capabilities in the supply market.

This EuroMaTech online training course is designed to: 

  • Explore the practices seen as leading to world class performance in purchasing and procurement, and supply chain management
  • Enable participants to develop appropriate sourcing and supplier management plans
  • Help delegates to develop action plans for implementation within their organisation to improve total value for their organisation
Training Objectives
  • Be more effective in managing Purchasing
  • Development of appropriate strategies for delivering value
  • Use appropriate methodologies for managing suppliers and staff
  • Use of tendering, negotiation and other techniques
  • Enhance value obtained from suppliers
  • How to measure and improve the performance of the Purchasing function
  • Consider how the wider business environment effects procurement
  • Consider the latest advances in Purchasing management
  • Measuring and Improving Purchasing Performance
Who Should Attend?

This intensive 2-day Advanced Purchasing Management online training course is suitable for personnel from all industrial fields and different purchasing methods:

  • Engineering
  • Projects
  • Construction
  • Public Sector
  • Tenders
  • Contracts
  • Buying
  • Purchasing
  • Procurement
  • Commercial
  • Finance

Those new to the function, preparing for a major project, or experienced managers looking for a refresher will also benefit from this EuroMaTech online training course which does assume a basic level of understanding of purchasing and contract management.

Training Methodology

This EuroMaTech training course will be delivered online using the latest in video technology.  Participants will learn by active participation during the programme through the use of programme materials, exercises in breakout groups, polls and quizzes, and discussions on “real life” issues in their own and each other’s organizations.

Training Summary

This Advanced Purchasing Management online training course covers the purchasing process from specification through to contract completion, and how to manage the procurement and supply chain team. The intention is to develop general skills with application to a wide range of purchasing situations, and to allow participants to have an awareness of practices in other regions and other industries which may add value to their own situations. 

Delegates will leave this online training course with new ideas and processes that they can implement immediately with a confidence in their own skills.

Training Outline
Day 1: The Basics of Purchasing Management

Principles of Good Procurement

  • Requirements and Specifications
  • Supply Segmentation
  • Price, cost and value

Principles of Good Management

  • Strategy, vision
  • Objectives of Purchasing management
  • Organisational structure

Appropriate sourcing techniques

  • Tendering
  • PQQ – pre qualification questionnaires
  • Tender evaluation
  • Negotiation

Assessing and allocating risk

  • Identifying Risk
  • Mitigating Risk
Day 2: Managing Suppliers

Approved supplier lists and blacklists Supplier Management and Development

  • Global sourcing
  • Incoterms
  • Force majeure clauses

Supplier Development

  • Local supplier development
  • Corporate Social Responsibility
  • Ethical and Environmentally responsible sourcing

Managing Supply Partnerships

  • Appropriate opportunities for partnering and alliances
  • Structure of partnerships
  • Duration and end of partnership arrangements

Measuring Performance

  • Key Performance Measures

Managing Project Suppliers

Managing Service Suppliers

  • Service Level Agreements

Supplier non-conformance and corrective actions

Leading Change

  • Action planning
  • Programme highlights and final observations
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