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Fundamentals of Purchasing

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On-Site / Training

Details

  • Acquire all the required skills to be an effective buyer
  • Improve the efficiency of buying goods and services
  • Select suppliers in a better way
  • Determine transportation and packaging requirements

Outline

Introduction to Purchasing

  • Principles of Purchasing
  • Skills of an Efficient Buyer
  • Modern Methods of Purchasing
  • Centralized versus Decentralized Purchasing

 

Buyer Roles and Responsibilities

  • Duties of an Efficient Buyer
  • Procurement Strategies
  • Identifying Time-Consuming Steps
  • Reducing Total Cycle Time
  • Contract Purchasing
  • Raising a Purchase Order
  • Limitation of Authorities

 

Negotiation

  • Negotiating with Suppliers
  • Qualities of a Negotiator
  • Negotiation Tactics
  • Building Good Relationships with Suppliers
  • Identifying and Locating Sources of Supply
  • Existing versus New Suppliers
  • Selection of Suppliers
  • Common Terms and Conditions

 

Materials And Inventory Planning

  • Packaging
  • Material Disposal
  • Inventory Classifications
  • Lead Times
  • Costs of Inventory

 

FOR WHOM:Stores, Purchasing and Logistics Personnel in the Public and Private Sectors.


TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.

Speaker/s

A distinguished team of facilitators who are eminently qualified professionals has been assembled to lead discussions in course of the workshop.

Special Offer

5% discount for 3-5 participants and 10% discount for 6 and above number of participants from the same organization.
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Alpha Partners is a reputable firm of Training and Management Consultants with many years of corporate training experience in Finance, Accounting, Auditing, Banking, Management, Information Technology, Oil and Gas Sector, Security, Engineering, Public Relations, Secretarial Studies, Leadership, Marketing and other fields of human endeavour.

We are one of the leading players in the profession. Our firm, a multi-disciplinary one with highly talented, experienced and dedicated partners and staff who have experiences in different facets of working life was established in 1996 and has branches in Lagos, Enugu and Awka.

We offer a wide range of professional services, which covers audits, accounting, finance, taxation, ICT, security, engineering, insurance, human resources management, secretarial and consultancy services in all ramifications.

Our numerous clients attest to the high quality services we offer which contribute in no small measure in ensuring sound and efficient management of their resources.

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