Endorsed Purchasing Management Certification Training Course in Colombo, Sri Lanka
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
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Mode Of Training
Colombo
Live Online Training
LKR 1974115 LKR2961173
- 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
LKR 2333045 LKR3499568
- 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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Shaun McElrath 5
Feb 14th, 25
Senior Manager, IT Business Enablement & Success
Understood the ITIL concepts very clearly. The trainer's faculty was so polite and ground to earth while explaining the concept and answering all the questions asked by the participants.
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David Bennett-Pencil 4
Mar 5th, 25
Highly certified Microsoft Engineer with a Masters degree in Engineering
Security Plus training course. Very good experience overall.
Zaid AlBanna 5
Jan 22nd, 25
Technical Program Manager
I have taken my AWS training with Sprintzeal, the trainer was very knowledgeable and looking forward for project assistance.
Thank you Sprint zeal team for the discount provided I am glad I completed the training I hope this certification helps me changing my career in AWS field. Message to users, Sprintzeal gives quality training and very prompt in responding when you email
them for any questions. I strongly recommend Sprintzeal for training courses.
Robert Warnock 5
Sep 18th, 24
Senior IT Project Manager
Pleased with the course for the AWS Solution Architect - Associate Level. Having taken many trainings the overall experience was good. This is a great way to upskill and learn new concepts and have a better understanding on the best approach to 1)prepare for the exam 2)be pointed to great resources to help develop your path. Jack from the sales team was very helpful about the courses. Kishore the trainer is very well informed and talked through all questions. I would suggest this course for future prospects.
Edward Lee 5
Feb 18th, 24
Operational Specialist
Lean Six Sigma Black Belt
Informative and practical approach of training session. Emphasizing more on the relevant tools that can be use depending on the project that you are working on.
Aboje Shedrack Arome 5
Nov 12th, 24
IT Support Engineer
My overall experience taking the CompTIA A+ with sprintzeal was great ! this is my first online training experience and they made it as easy as possible for me. The materials they provided is very rich in content and easy to understand no matter your educational background. I want to commend my Trainer Vidyasagar Chaudhary who is very patient and also very detailed in his teachings . I will recommend sprintzeal anyday to anyone who is looking to get a CompTIA A+ certification and I can assure you will be well grounded by the quality of training you will get .
Richard Koch 5
May 11th, 24
Highly certified Microsoft Engineer with a Masters degree in Engineering
I took the certification program CompTIA Security+. The content is very informative, knowledgeable and very precise.
Nicole Gentz 5
May 19th, 24
Development Team Manager at Stoneridge Software
Tarun was honestly the best trainer/coach that I've had in 20 years in the IT profession. He covered the EA/TOGAF material and had real life examples to make everything completely understandable. He listened to my professional concerns and questions and offered advice/suggestions from his years of experience. He genuinely cared about my understanding and was truly a mentor in so many areas related to EA and beyond enterprise architecture. His willingness to share his experiences and his passion to help others grow was very evident and so appreciated. Thank you so very much for the awesome week!
Alpesh Patel 5
Mar 9th, 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
Tony Mathew 5
Feb 5th, 25
Senior Program Manager
The training was very worthwhile and Mahesh the trainer was extremely knowledgeable. He provided real-world examples that assisted greatly. The content was well written, understandable and valuable. I would highly recommend this company and class for others. Lastly, the sign-up and coordination for the class was good as well.
- 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
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