London Training For Excellence The International Buyer Mini MBA London Training For Excellence
Price: GBP 3,894
Instructor led live virtual classroom online. Classes may be individual or in group.

    Course details

    Overview
    International procurement is a complex process which has the potential to provide many benefits to the organization in the form of lower prices higher quality and improved supplier performance. In this programme you will learn how to:
    Locate evaluate and manage international sources
    Implement best practices in international procurement
    Effectively draft an international procurement contract
    Manage the international movement of materials This intensive 5 day programme starts with topics related to Management such as People Management; Leading Teams; Strategic Planning Negotiating and Operational Excellence topics commonly found on most MBAs. The second part of the week will be devoted entirely to international buying techniques and best practice.

    Objective
    Participants attending this program will:
    Examine how to locate and evaluate new sources internationally
    Consider the impact of the Internet on purchasing operations
    Review best practices in international purchasing
    Analyse ways of managing suppliers more effectively
    Study new concepts in inventory management
    Enhance their negotiating skills
    Understand the proper drafting of international contracts
    Plan for effective international transportation management

    Who Should Attend
    Experienced buyers and purchasing agents
    Purchasing managers and purchasing directors
    Materials management personnel responsible for international supply chain management operations
    Anyone interested in enhancing their management and buying skills

    Course Outlines
    Module 1 - People Management and Leading Teams
    The importance of sociotechnical management
    Techniques for effective communication
    Motivating for results
    Enhancing your coaching skills
    Empowering employees for improved performance
    Characteristics of a successful manager
    Obtaining the benefits of teamwork
    Characteristics of ineffective teams
    Characteristics of effective teams
    Managing conflict in a productive manner
    Understanding team member styles
    Creating a virtual team
    Module 2 - Strategic Planning and Negotiating for Results
    Analysing the strategic planning process
    Achieving competitive advantage
    Utilizing dynamic SWOT analysis
    Focusing on vision and mission
    The importance of contingency planning
    Examples of strategic success and failure
    Gaining insight into the negotiating process
    Characteristics of an effective negotiator
    Developing negotiating strategies
    Employing persuasive negotiation techniques
    Achieving the benefits of effective negotiating
    Negotiation exercises
    Module 3 - Operational Excellence and The Modern Buying Function
    The Malcolm Baldrige quality award-standard of excellence
    Lessons from the best performing companies
    Benchmarking your operation against the best
    Creating employee commitment
    Managing continuous improvement
    Creating the high performance organization
    Globalization and its effects
    Utilizing the internet for procurement
    Modern buying practices
    Assuring supplier performance
    Methods for determining price
    Procurement's role in the organization
    Procurement performance measurement
    Long term contract pricing formulas
    Module 4 - International Buying and International Supplier Sourcing
    International buying operations
    International countertrade
    Achieving the benefits of global procurement
    Overcoming the difficulties of international buying
    Utilizing the learning curve
    Ensuring the quality of material deliveries
    International buying and inventory management
    Reducing costs in inventory management
    Preparing to move beyond domestic sourcing
    Global sourcing
    Locating international sources
    Determining the type of supplier to utilize
    Single source vs. multiple source policy
    Source evaluation criteria
    Managing exchange rate risk
    Dealing with issues of ethics
    Module 5 - Negotiation And Contract Preparation and International Movement Of Goods
    Insights into the negotiation process
    Characteristics of the effective negotiator
    Preparing to negotiate
    Negotiating techniques
    Obtaining the benefits of supplier partnering
    International buying legalities
    Drafting the international contract
    Dispute resolution mechanisms
    International commercial terms
    Buying transportation services
    Utilizing air transportation
    Utilizing ocean transportation
    Securing marine insurance
    Calculating total landed cost
    Strategic purchase planning
    Reengineering purchasing operations

    Updated on 05 August, 2024

    Job roles this course is suitable for:

    Purchasing , managers , purchasing , directors

    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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