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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.
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.
A Breadth of Expertise
We offer a comprehensive range of training solutions across a diverse set of industries, including:
- Artificial Intelligence (AI): Stay ahead of the curve with cutting-edge training on AI applications, machine learning and data analysis.
- Contact Management: Learn best practices for building and nurturing relationships, managing communication workflows and leveraging technology to optimise your outreach efforts.
- Engineering: Enhance your technical expertise and stay current with the latest advancements in various engineering fields.
- Finance and Legal: Gain a deep understanding of financial concepts, legal frameworks and compliance requirements.
- Human Resources: Navigate the complexities of HR practices, from recruitment and onboarding to employee relations and performance management.
- Leadership and Management: Develop your leadership skills, communication techniques and team-building strategies.
- Logistics: Optimise your supply chain operations and ensure efficient delivery of goods and services.
- Marketing and Sales: Develop effective marketing strategies, hone your sales skills and drive business growth.
- Oil and Gas: Gain specialised knowledge and skills relevant to the oil and gas industry.
- Project Management: Master the art of project planning, execution and delivery to ensure successful project outcomes.
Our Approach
At London Training for Excellence, we believe in delivering high-quality, interactive training programmes that cater to diverse learning styles. Our experienced instructors are industry experts who combine theoretical knowledge with practical application.
Flexible Learning Solutions
We understand that busy professionals require flexible learning options. We offer a variety of delivery methods to suit your needs, including:
- In-person training: provides more significant face-to-face interaction. In a classroom setting, attendees can connect in real-time. In-person training also offers more opportunities for group activities and interactive projects.
- Online Courses: Our comprehensive online courses allow you to learn comfortably in your working environment.
- In-Company Training: Tailor training programmes specifically for your organisation's needs and deliver them on-site for maximum impact and employee convenience.
Investing in Your Success
By investing in training and development with London Training for Excellence, you will gain the knowledge and skills necessary to achieve your professional goals and contribute to the success of your organisation.
Contact Us Today
Let London Training for Excellence help you unlock your full potential and drive positive organisational change. Contact us today to discuss your training needs and explore how we can empower your workforce for the future.
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