Duration: 4 DAYS
Program Outline
Day 1
- Introduction To Purchasing
- Purchasing Cycle
- Purchasing System
- Purchasing Steps
- Procurement Planning
- Advance Purchase Planning
- Purchasing Complexity
- Procurement Planning Content
- Procurement Methods
- Price Competitive Approach
- Blanket Purchase Agreements
- Electronic Procurement
- Negotiation Strategies
- Steps In Negotiating
- Tools In Negotiating
- Types Of Negotiations
Day 2
- Contracts
- Introduction And Overview
- Elements Of A Contract
- Duties And Obligations
- Types Of Purchasing Contracts
- Sources Of Supply
- Order Of Precedence
- Make Or Buy
- Lease Purchase Analysis/li>
- Solicitation
- Solicitation Planning
- Written Solicitation
- Supplier Ratings
- Categorical Method
- Cost Point Method
- Vendor Profile Analysis
Day 3
- International Sourcing
- Overview Of Worldwide Sourcing
- Offshore And Domestic Purchasing
- Trade Barriers
- Currency Risk Management
- Currency Adjustment Factors
- Currency Hedging
- Global Sourcing Strategies
- Purchasing And Strategy Development
- Linking Purchasing And Corporate Strategy
- Purchasing Goals And Objectives
- Purchasing Strategy Development Process
- Types Of Purchasing Strategies
- Supply Management
- Purchasing Management
- Importance Of Management
- Inter Personal Skills
- Management Functions
- Globalization
Day 4
- Management
- Functions Of Management
- Levels Of Management
- Management Theory
- Strategic Management
- Strategic Approaches
- Understanding The Vision And Mission
- Strategic Management Process
- Purchase Consulting
- Project And Engagement
- GAP Analysis
- Purchasing Evaluation And Benchmarking Review
- Advance Consulting Skills