Nigerian Seminars and Trainings

Search conferences, training, seminars, courses and workshops in Nigeria and around the world

business logo

Purchasing Techniques, Negotiation and Cost Reduction

By: Alpha Partners

Lagos State, Nigeria

14 - 17 Nov, 2017  4 days

Follow Event

  

NGN 105,000

This workshop will examine an organization’s revenue that is spent on goods and services – everything from raw materials to spaces and stocks items, when the goal is to increase earnings by lowering costs, world-class organizations look closely at their purchasing strategies. Success in purchasing is dependent not only on an awareness of the potential opportunities but more importantly and the focus of this workshop is the knowledge implementation of the methods, processes and techniques that should be utilized in order to become efficient and understanding cost reduction.

CONTENTS:

Continuous Improvement is Cost and Productivity

  • How do other function view purchasing
  • A purchasing saving model
  • Cost reduction initiatives
  • Modern methods of analyzing the spending

Defining Cost Reduction Opportunities

  • Purchase price index
  • Supply marketplace
  • Resisting price increases
  • Supplier performance measurement
  • Cost saving method

Methods of Price Evaluation

  • Price justification
  • Methods of price analysis
  • Method of cost analysis
  • Breaking down the elements of cost
  • Developing “should cost”

Successful Negotiation

  • Negotiation skill sets
  • Steps in negotiation preparation
  • Method of persuasion
  • What win/win really mean?
  • Determining the issues
  • Rating and valuing issues

Determining Strength and Weaknesses

  • Analyzing the other size
  • Prepare the negotiation team
  • Tips for the actual negotiation
  • Better alternative to negotiation agreements (BATNA)

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. Nov 14 - 17 Nov, 2017
NGN 105,000.00
(Convert Currency)

08033045484

Related Courses
Best Practice in Generator Maintenance and Protection Best Practice in Generator Maintenance and Protection

4 days, 25 - 28 Sep, 2018 

2018-09-25 12:09:00
Lagos State, Nigeria

Alpha Partners

The workshop is designed to enable generator protection engineers have an in- depth understanding of how to effectively and efficiently operate a power plant and troubleshooting basic maintenance ...

Risk-Based Internal Auditing Techniques Risk-Based Internal Auditing Techniques

4 days, 27 Feb - 02 Mar, 2018 

2018-02-27 12:02:00
Lagos State, Nigeria

Alpha Partners

Internal auditing is a profession that is always evolving, always changing, especially in the area of risk-based auditing approaches. This is why successful audit leaders know that it’s ...

Contracts and Tenders and Administration Contracts and Tenders and Administration

4 days, 03 - 06 Jul, 2018 

2018-07-03 12:07:00
Lagos State, Nigeria

Alpha Partners

OBJECTIVE Gain an overview of all phases of contracting, from requirements development to closeout. See how incentives can be used to improve these vital issues from the project manager’s ...

Inventory Accounting and Costing Inventory Accounting and Costing

3 days, 04 - 06 Apr, 2018 

2018-04-04 12:04:00
Lagos State, Nigeria

Alpha Partners

By the end of the workshop, participants will able to: Properly account for write-downs, write backs and impact of changes including accounting policies in financials Report and disclose inventory ...