"Expanding the Boundaries of Knowledge"


"Principles of Purchasing and Supply Managment"

This workshop focuses on principles that are the foundation of the modern purchasing and supply management process. It exposes participants to a broad range of knowledge, tools and techniques that are essential in optimizing the effectiveness of any purchasing or supply function. Its interactive format includes lecture and discussion, examples, and exercises. It is supported with a PowerPoint presentation and a bound handout and is suitable for a wide range of purchasing and supply professionals.

Targeted Areas of Knowledge

  • Evolving Role of Purchasing and Supply Management
  • Evaluating and Redesigning the Supply Management Process
  • Evaluating and Redesigning the Supply Management Process
  • Organizing the Supply Function
  • Cross-Functional Teams
  • Technology and Information Flows
  • Quality, Specification and Inspection
  • Quantity Considerations
  • Supplier Selection
  • Outsourcing, Supplier Relations, and Supply Management
  • Pricing Theory and Competitive Pricing
  • Price Determination
  • Cost Analysis
  • Maximizing Value
  • Purchasing Transportation Services
  • Investment Recovery
  • Legal Aspects of Purchasing
  • Negotiation
  • Ethics Issues

Most Likely to Attend
This program is especially valuable to new supply management professionals interested in expanding their knowledge and skill sets; experienced professionals wishing to refresh and update their skills; and personnel who interface with purchasers or suppliers, including those from quality, engineering, finance, production, transportation, distribution and engineering.

 

Participants Will Take Away

  • New knowledge of the processes & requirements of an effective purchasing/supply function
  • Tools and techniques ready to be put into use at work the next day
  • Sample templates and checklists to facilitate the application of learned concepts
  • Suggested supplemental reading to reinforce learning
  • Certificate of program completion with continuing education hours (CEH's)
 
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