Cost Effective Purchasing and Procurement Skills
Details
By taking this course participants will:
- Develop threadbare understanding of the importance of the purchase function and how it impacts the business as a whole
- Understand strategic aspects of the procurement function
- Understand how to measure performance of the purchase department
- Improve decision making skills on “make Vs buy” items
Understand how to audit the procurement function
Outline
- Traditional v New Age Procurement
- Elements of Strategic Procurement
- Concept of Total Cost of Ownership (TCO)
- Development of Procurement Strategy by using Kraljic Matrix
- Various KPIs to measure performance of procurement function
- Learn how to make “Make Vs Buy” Analysis
- How to audit the procurement function?
- Learn how to analyse procurement spend
- Developing an effective electronic procurement strategy
- Strategic planning for repetitive purchase
- Tools for understanding commodity markets
- Advanced suppliers relationships
- is the price right?
- Method of price analysis
- Method of cost analysis
- Continuous improvement in purchasing
- Advanced practices in procurement
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
Special Offer
Schedules
| Tue, Wed, Thu, Fri | 10:00 AM — 04:00 PM |
| No. of Days: | 4 |
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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