Endorsed Purchasing Management Certification Training Course in Bridgeport CT, United States
Managing a 21st-century purchasing department is a challenging endeavor. The complexities of today's global economy make the purchasing function more intricate than ever. In this course, we will explore strategies for effectively managing suppliers who may be situated thousands of kilometers away, all while achieving substantial cost savings. Additionally, we will examine the purchasing department's integral role within the broader supply chain operation. Finally, we'll discuss best practices for managing the purchasing department to ensure it meets all its Key Performance Indicators (KPIs).
Training Options
About CILT Endorsed Purchasing Management and Cost Saving Techniques
Overseeing a modern purchasing department is a demanding responsibility, especially in the context of today’s global economy, where the purchasing function has become increasingly complex. In this course, we will delve into strategies for managing diverse suppliers located across the globe while securing significant cost reductions. We will also explore the purchasing department's crucial position within the overall supply chain. Lastly, we will cover effective management techniques to ensure the purchasing department consistently meets its Key Performance Indicators (KPIs).
CILT Endorsed Purchasing Management and Cost Saving Techniques Key Features
100% Satisfaction Guarantee
Mode Of Training
Bridgeport CT
Live Online Training
$ 5500 $8250
- Get Lifetime free access to recorded classes
- Interactive sessions with certified instructors
- Access to mock tests and exam practice
- Live Training using Microsoft Teams, Get Lifetime recording access
Classroom Training
$ 6500 $9750
- Convenient and flexible scheduling
- Interactive sessions with certified instructors
- Access to mock tests and exam practice
- Engaging In Person Classroom Training Experience
Corporate Training
- We can customise the training
- Flexible pricing options
- 24x7 learner assistance and support
- We can deliver both In-Person or Live Online
- Pay after the training completion
Download Course Agenda And Company Brochure
Course Agenda
Company Brochure
This course utilizes a variety of interactive learning techniques, including roundtable discussions, role-playing scenarios, case studies, and both individual and group exercises.
By the end of this course, participants will be able to:
- Define the strategic role of the purchasing department and craft a purchasing mission statement.
- Develop robust negotiation strategies and conduct thorough supplier evaluations.
- Perform value analysis within the purchasing function.
- Assess departmental performance using relevant Key Performance Indicators (KPIs).
- Enhance the efficiency of the purchasing department while adhering to ethical practices in purchasing.
This course is ideal for buyers, senior buyers, purchasing supervisors, purchasing managers, and any other professionals who need a comprehensive understanding of the purchasing function.
- Defining strategic purchasing operations
- Conducting value analysis
- Managing procurement functions
- Leading successful negotiations
- Evaluating and comparing suppliers
- Upholding ethical standards in purchasing
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Participant Reviews
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Puja Sajja 5
Jan 30th, 24
Sr Manager - Enterprise Data and Machine Learning Engineer
Toshal was very experienced, patient and energetic trainer. I'd recommend him to every one who wants to get comfortable to get hands on with AWS services!
Thank you Sprintzeal for a very helpful training!
Prakash Makapur 5
Mar 29th, 24
Solution Architect | Customer Project Manager
Syed M. Quadri is an outstanding instructor, very passionate about project management. Really goes the extra mile. Thanks, Lenord as well.
David Todman 5
May 6th, 24
Senior Management Professional
The Six Sigma Training from Sprintzeal was very beneficial and provided in-depth information. In addition, my instructor Swati provided a wealth of information that clearly defined the Six Sigma methodology.
Alpesh Patel 5
Mar 8th, 24
Technical Consultant
This class for AWS Solutions Architect is a good course for those who are seeking for next phase in cloud architecture. Paul our instructor is very good and classy. His patience and experience in teaching shows
Sarochin Tollette, BSEE, Certified ScrumMaster 5
Feb 12th, 24
Program Manager | Senior Technical Project Manager | Software Engineering Manager | Collaborator | Problem Solver
I'm glad I discovered SprintZeal on my journey to getting the PMP Certification and Lean Six Sigma Green Belt Certification. Their PMP Certification Exam Prep course and resources (videos, practice exams) are very effective and helpful. The teachers and support staff are top-of-the-line. When I have questions, I get almost instantaneous replies from the support focal (even during the holidays). The Lean Six Sigma Green Belt Certification on-line course is easy to comprehend. The on-line course gives me flexibility as I can take it anytime, on my own schedule. I look forward to taking the exams and getting my certification!
Neetha Kotagiri 5
Feb 3rd, 24
System Administrator/ at AGCO Corporation
PMP Training provided by Sprintzeal The training is amazing. Trainer Tammy is so good she is very understanding, Patient and very good teacher. She made the most difficult topics very easy. I loved training with her. Alex Wood from Sprintzeal who help me with the process of the enrollment was very good. Answered each and every concern of mine and was very helpful.
Claire Berman 5
Jan 21st, 24
Senior Buyer at Goodman Manufacturing
Biswa created different handouts and worksheets that helped with the reviewing and were external to what the book was providing. Instructor tailored examples to our actual careers to help make understanding easier and more relatable. The course overall was extremely interactive.
Lindsay Farrell 5
Nov 2nd, 24
Lead Campaign Manager at Salesforce Marketing Cloud
Clear and informative course to prepare for the PMP exam. The content was laid out well, and you could tell the instructor, Biswa, had plenty of experience teaching the course. The additional material provided was also very helpful.
David Smith 4
Feb 15th, 24
Telecommunications Administrator
Paul did a great job explaining AWS in great detail. He was informative in recommending test strategies. The only thing I would request is that the course documentation be updated a bit. Paul informed us that the lag time between class and test is significant, but it would be nice if we can improve this area.
SEAN J DAVIS 5
Jan 11th, 24
Senior System Engineer
ITIL V4, The training has detailed, it can be a bit better with more interactive session and relevant real time easy to understand examples for people who get this as the first hand experience.
- Understanding the connection between the purchasing function and organizational strategy
- Creating a purchasing mission statement aligned with the company's overall mission
- Developing departmental objectives that balance quality, service, and price
- Evaluating and negotiating with suppliers
- Planning and employing effective negotiation tactics
- Navigating the tendering process and selecting the right suppliers
- Implementing the value analysis approach
- Addressing 16 key strategic questions to reduce total costs
- Managing commodity groups to maximize value
- Managing and appraising departmental performance
- Understanding the importance of performance appraisals
- Leading and developing other buyers through continuous professional growth
- Implementing management by objectives (MBO)
- Identifying and selecting the most appropriate KPIs for the purchasing function
- Improving departmental efficiency and evaluating service delivery to end users
- Conducting effective surveys to gather feedback
- Upholding ethical standards with suppliers, end users, and within the department
- Establishing and enforcing purchasing policies and procedures
- Training and developing staff to ensure ongoing compliance and effectiveness
Frequently Asked Questions
Corporate Training Solution
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