Management of Purchasing and Warehousing

Introduction:

The function of Purchasing has evolved from simple administration to a strategic role within organizations. Today, it involves more than just processing requisitions and placing orders. Effective Purchasing requires strategic planning and collaboration to reduce operational costs while enhancing quality and productivity.

Participants in this Management of Purchasing and Warehousing training will learn how to develop and implement effective strategies for acquiring essential materials, goods, equipment, and services. This course will emphasize reducing operational costs without compromising quality and productivity. It will highlight the strategic importance of the Purchasing function and cover supplier evaluation and negotiation to optimize the Purchasing department's impact.

Objectives:

At the end of this course on Management of Purchasing and Warehousing, participants will be able to:

• Articulate inputs, outputs, and processes of the purchasing system.
• Assess sourcing strategies and target suppliers.
• Understand the legal and administrative provisions of contracts.
• Manage tenders proficiently.
• Enhance competence in strategic procurement across all phases.
• Understand warehouse layout, design typologies, and storage mathematical models.

Training Methodology:

• Case studies
• Group discussions
• Hands-on activities
• Simulation exercises
• Role-playing scenarios
• Interactive workshops
• Assessments and feedback

Course Outline:

Unit 1: Purchasing Management Fundamentals

• Introduction, Welcome, and Course Objectives
• Purchasing Activities and Procurement Management
• The Function of Procurement and Purchasing
• Team Role in Procurement Processes
• Procurement Planning – Make or Buy Analysis
• Q&A & Homework

Unit 2: Sourcing and Supplier Evaluation

• Session Review
• Completion of Homework
• Procurement Analysis
• E-Supplier Assessment List Silhouette
• The Negotiation Process
• Achieving Win-Win Situations
• Q&A & Homework

Unit 3: The Art of Negotiation and Procurement Implementation

• Lecture Review
• Completion of Homework
• Writing Process
• Types of Negotiation
• Practical Negotiation Techniques
• Procurement Implementation
• INCO Terms
• Q&A & Homework

Unit 4: Tenders and Contracts Management

• Blisk Review
• Completed Homework
• Tender Documents and Processes
• Contractual Agreements
• Lots and Kits
• Deposit Requirements
• Contractor Capability Criteria
• Q&A & Homework

Unit 5: Fundamentals of Warehousing Management

• Core Knowledge in Warehousing Management
• Stock Protection, Accounting, and Management
• Overview of Warehousing Management
• Methods for Handling and Controlling Stocks
• Cost Reduction and Function Improvement in Warehousing
• Answers to Assignments
• Inventory Types and Analysis
• EOQ Model and Reordering Techniques
• Techniques for Warehouse Work
• Open Discussion