Comprehensive Course on Purchasing Management Processes

Introduction:

Organizational best practices include developing management skills among all personnel involved in procurement, leveraging best practices in purchasing. This Comprehensive Course on Purchasing Management Processes course aims to bridge performance gaps and foster development aligned with strategic objectives.

Effective purchasing relies on engaging active customer talents, designing techniques, and supply strategies. Understanding the impact of purchasing on both organizational and societal levels will help transform procurement practices to industry-leading standards.

Purchasing management is vital to business success, supported by well-trained managers. This comprehensive course prepares learners for practical experiences, including procurement management.

Objectives:

By the end of this Comprehensive Course on Purchasing Management Processes course, participants will be able to:

• Build high-performance purchasing organizations.
• Design procurement plans aligned with best practices.
• Improve internal customer service through efficient purchasing management.
• Eliminate non-value-added processes and focus on advanced purchasing management skills.
• Develop spending profiles and forecast future expenses.
• Use data analysis for forecasting purchases.
• Present information to effectively monitor KPIs.
• Use past supplier performance data to enhance procurement decisions.
• Identify key competencies for purchasing staff.

Training Methodology:

• Case Studies
• Interactive Workshops
• Simulations
• Role Playing
• Group Discussions
• Scenario Analysis

Course Outline:

Unit 1: The 1st Steps to Becoming World Class

• Prepare for transformation into world-class companies through "Trial Avatar" steps.
• Evaluate current purchasing practices and strategies.
• Introduction to sourcing strategy.
• Develop spend categories and ABC analysis.
• Apply new product purchasing roles.
• Align restructuring of purchasing personnel with course objectives.

Unit 2: Understanding Your Operation’s Strengths and Weaknesses

• Compile best practices in purchasing management governance.
• Analyze purchasing procedures and identify areas for enhancement.
• Detail purchasing strategy as part of organizational strategy.
• Establish purchasing performance indicators and purchase price index.

Unit 3: A New Attitude to Achieving Acquisition

• Implement cost reduction strategies in purchasing.
• Recognize inefficiencies in the supply chain.
• Breakdown supplier costs.
• Strategically plan commodities/services.
• Combat price growth in production materials.

Unit 4: Classification of Suppliers

• Stages of supplier selection.
• Use supplier performance metrics in decision-making.
• Integrate supplier performance into purchasing decisions.
• Create process maps to eliminate low-value steps.
• Utilize eProcurement in purchasing management.

Unit 5: Procurement Marketing Strategies

• Utilize global sourcing in procurement.
• Analyze labor rates across countries.
• Develop customer support strategies.
• Address issues of corruption and fraud.
• Enhance professionalism in procurement and supply management.