Endorsed Purchasing Management Certification Training Course in Frankfurt am Main, Germany
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
Frankfurt am Main
Live Online Training
€ 5225 €7838
- 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
€ 6175 €9263
- 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
Your career is our goal. We care for your professional empowerment. Don’t take it from us. Find out what our participants say about our service!
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Eve Fan 5
Jul 11th, 24
Senior QA Automation Engineer
I want to thank my training coordinator, Leonard, and trainer Abhishek for the Six Sigma Green Belt training. Abhishek is a very experienced and practical trainer who highlights the key points for the Six Sigma training for the use for my industry and my job scope. I appreciate the attention to detail and making the training lively and easy to follow. I picked the points pretty quickly and am able to apply onto my current work.
Abdulkarim Hallak 5
Mar 13th, 24
Facility In Charge / Senior Supervisor at Warehousing & Logistics Services Co LSC
Very beneficial and supportive
Jens Engstfeld 5
Mar 18th, 24
Senior Project Manager
It is really very nice experience for me to learn ITIL®V4 Foundation practices. Everything is defined in very well way. I strongly thankful to the trainer who has very good knowledge in this field. I recommend this course who want to learn more about ITIL.
Osvaldo Rodrigues Batista 5
Jan 25th, 24
US Army
Hi, my name is Osvaldo Batista. I took the Network+ certification training with Sprintzeal. I love it. The trainer did a great job explaining the contents. Sprintzeal provided all the material to study e prepare for the exam. Also, did a great job scheduling the training session to fit into my busy schedule.
Thank you.
Eric Williams 4
Feb 18th, 24
Project Manager at Yinlun TDI, LLC
Material is tough but the training and tools provided were good.
Mark Ridgely 4
Aug 9th, 24
Project Manager
Instructor very knowledgeable of the PMI content and provided solid instruction as such as well as practical experience in exam preparation and test taking strategy.
Online version of class was better than anticipated, but think I still would have preferred in person classroom setting.
Frederic Da Silva 5
Jul 6th, 23
Tech lead
The CompTIA Network+ session was awesome, interactive, and very educational all over. I enjoed CompTIA Network+ session with the trainer
Sheila Hanlon Ravindran 5
Feb 18th, 24
Global Technology Executive in Information Technology (IT) and Financial Services
Course name: ITIL® 4 Foundation
The trainer addressed each and every doubt/concerns raised by the group. He also ensured the entire course material is covered during the session. displayed solid communication skill and subject expertness. Thank you very much.
Shaun McElrath 5
Feb 17th, 24
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.
Darrin Lunsford 5
Mar 26th, 24
Senior Information Systems Professional at Federal IT Consulting (FEDITC)
Sprintzeal PMP Boot Camp The boot camp gave me a comprehensive look at the PMP material. The instructor was very knowledgeable and offered many real-world applications of the principles. Further, I was able to ask questions which went otherwise unanswered in the previous video study course I purchased. I was able to connect the different aspects and highlight areas needing more attention. The instructor-led class was a tremendous benefit.
- 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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