Management >> Purchasing Materials Management

Effective Buyer

MM115

Location

Duration

Date

Fee inclusive of VAT

Course Overview

Best Effective buyers have to understand how to bring for change. They have to understand the impact and value they can make by getting a deep understanding of how to capture the best requirements of the business; select those suppliers who are a strategic match through a robust qualification and tender process; and negotiate and prepare viable and sustainable supply contracts that add real and tangible value.

Course Objective

  • Evaluate Suppliers - developing key measures for a total cost and value approach
  • Select and Managing Suppliers
  • Develop a Balanced Performance Measurement Framework that is value driven
  • Achieve Operational Efficiency in Purchasing
  • Understand the Stages of Effective Contract and Supplier Management

Who Should Attend?

  • Contracts, Procurement, Purchasing, bayers and Project personnel

Course Outline

  • The Importance of Effective Purchasing
  • Procurement Strategy
  • Strategic Cost Management
  • Good Specification for goods and services
  • Defining Needs and Wants
  • Developing the Criteria for Pre-Qualification
  • Selecting Suppliers
  • Tender Process
  • Negotiating the Deal
  • Importance of Contract Management

Training Methodology

  • Presentation & Slides
  • Audio Visual Aids
  • Interactive Discussion
  • Participatory Exercise
  • Action Learning
  • Class Activities
  • Case Studies
  • Workshops
  • Simulation

Terms & Conditions

ACTrain reserves the right to alter the Course Schedule without Prior Notification, Fees Quoted are Subject to Terms & Conditions Outlined in ACTrain's Registration Policy

Upcoming Courses

Crisis Management And Sustainability U

This interactive and participative course will demonstrate that it is

Read more

Strategic Purchasing Management, Cost

The Link of the Purchasing Function with the Organization's Strat

Read more

Basics Of Supply Chain Management

Supply chain management is the system that connects and integrates th

Read more

Budgeting, Planning & Management Repor

Budgeting lies at the heart of business management, yet businesses of

Read more

Developing Skills & Behavioral & Capac

Participants attending this programme will develop their understandin

Read more

Basics Of Supply Chain Management

Supply chain management is the system that connects and integrates th

Read more

Administrative Secretarial & Office Ma

In this course you will learn the essential tools and techniques in A

Read more

Cost Estimation & Budgeting

Cost estimates are summary figures for a project. Cost budgets alloca

Read more