London Training For Excellence Fundamentals of Purchasing for New Buyers London Training For Excellence
Price: AED 17,998
Instructor led live virtual classroom online. Classes may be individual or in group.
  • Payment Terms: Enquire
  • Locations: Dubai UAE
  • Duration / Course length: 5 Days

    Course details

    Overview
    Objective
    Be familiar with the fundamentals of Purchasing.
    Recognize the new roles of Purchasing and buyers.
    Become a more efficient and productive buyer through applying the techniques of purchasing management.
    Improve the services provided by your suppliers through more effective negotiations and planning.
    Understand the ethical/legal aspects of purchasing and its possible liabilities.
    Attain a better negotiating position through cost analysis.
    Identify hidden costs and make better buying decisions.
    Increase your company's savings through better purchasing management - and increase your chances for success.
    Find out how to select and qualify suppliers.

    Who Should Attend
    Purchasing officials in public and private sectors.
    Personnel responsible for buying who wish to improve their performance .
    Employees in other roles who wish to understand purchasing and buying processes and improve the interaction with their function.

    Course Outlines
    Introduction.
    How Purchasing Management Adds Value to the Firm:

    The purchasing cycle.

    Key criteria used to measure a buyer's performance.

    Cost reduction.

    Purchasing management policies procedures controls and standards.
    Supplier Relations:

    Requisition and purchasing policies.

    Solicitation process: why various types of solicitation are used.

    How to qualify and pre-select suppliers.

    Assessing the risk in doing business with a supplier.

    Assessing competitive market pricing.
    Specialized Purchasing Management Tools:

    Purchasing/procurement card.

    Service contracts.
    Exercises and case studies.

    Updated on 05 August, 2024

    Job roles this course is suitable for:

    Purchasing , Executive , Purchasing , Manager

    About London Training For Excellence

    Empowering Professionals for Over a Decade

    London Training for Excellence is a leading provider of professional development programmes, established in 2013. For over eleven years, we have been committed to equipping individuals and organisations with the skills and knowledge they need to excel in today's ever-evolving business landscape.

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