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Advanced Purchasing and Cost Savings Techniques

By: Alpha Partners

Lagos State, Nigeria

25 - 28 Apr, 2017  4 days

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NGN 105,000

At the end of this cost saving techniques participant will understand the following:

  • Understand the Strategic Role of the Purchasing Department
  • Perform accurate Supplier Evaluation
  • Identify the Importance of value analysis to Purchasing
  • Evaluate the Performance of the Department using Proper KPIs
  • Improve the Efficiency of the Purchasing function

Content

The Strategic Function of Purchasing

  • Creating a Purchasing Mission Statement
  • Understanding the Concerns of Senior Management
  • Balancing Quality, Service and Price
  • Things Purchasing Should Strive for
  • Types of Purchasing Manager

Supplier Evaluation

  • Negotiating with suppliers
  • Power in Negotiation
  • Planning for Negotiation
  • Factors used to Evaluate Suppliers
  • Ways of Promoting Good Supplier Relations
  • Creating Suppliers as Good Partners
  • Choosing the Right Suppliers

Inventory Management

  • ABC Analysis
  • Controlling the Budget
  • VALUE Analysis
  • Optimizing Purchasing Productivity
  • Adding Value as a Purchasing Manager

Managing and Evaluating the Department Performance

  • Centralization versus decentralization
  • Reasons for Departmental Performance Appraisal
  • Key Performance Indicators (KPIs) for purchasing

IMPROVING Purchasing efficiency

  • Evaluating Service to End Users
  • Conducting the Right Surveys
  • Training the Staff
  • Ethical Behaviour
  • Purchasing Policies and Procedures

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

This course is being run by ALPHA PARTNERS in collaboration with THE INSTITUTE OF CHARTERED ACCOUNTANTS OF NIGERIA, LAGOS MAINLAND DISTRICT.

Alpha Partners Professional Training Conference Centre. 200, Muritala Mohammed Way (3rd Floor) Opposite Adekunle BRT Bus-stop, Yaba - Lagos. Apr 25 - 28 Apr, 2017
NGN 105,000.00
(Convert Currency)

08033045484

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