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

Management >> Purchasing Materials Management

Effective Buyer

MM115