Endorsed Purchasing Management Certification Training Course in Riga, Latvia
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
Riga
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
Request More Information
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!
Krishna Sripada 5
Feb 14th, 25
Tech Lead
I have taken the AWS Solution Architect Associate Certification training course. Toshal Kahawale was the trainer. Toshal had covered all the important topics required for a Solution Architect in a detailed manner. He had provided real-world application examples while explaining the topics. That was really helpful. Toshal has plenty of experience in designing & architecting cloud applications
.webp)
T Bourke 5
Dec 23rd, 24
Director of Operations
My trainer Dan Chauncey was extremely helpful with practical experiences that he conveyed regarding several of the questions that I had. The information is extensive. And the tools that have been provided are very detailed and umderstandable. Thorough training. Looking forward to more in the future.
Mohammed Hattab 5
Dec 20th, 24
Field Computer Technician
My experience with sprintzeal was great everyone was helpful and they did a great job accommodating my tight schedule. I took the CompTIA A+ course with Risk Ascher as my instructor.
Anetra Doherty 5
Feb 17th, 25
SFL Career Counselor at Inverness Technologies
Kevin Davis Phenomenal instructor that provided actual conceptual scenarios that focused on the overall PMP concept that I could relate to in the corporate culture. He was very patient and determined to ensure we stayed on track w/ the focus of understanding the fundamentals of PMP.
Shaikh Rahman 5
Jan 6th, 25
Senior Cloud Network Security Engineer
It was an excellent live online training session. The Trainer ‘Munawar Ahmed Shaikh’ is an interactive person, and he has lots of industrial experience. He used to explain the project reference that he did on the industry that helped to understand the different CISSP domains.The training session was through GoToMeeting, and it interrupted the session. The trainer spent time troubleshooting the GoToMeeting, and why the drawing board was not displayed on the screen, voice breaks during the sessions. Sprintzeal should change GoToMeeting for better live online training sessions. I highly recommend ‘Munawar Ahmed Shaikh’ for CISSP training.
Jacob Cryder 5
Aug 10th, 24
Senior System Engineer
It has been wonderful experience with Sprintzeal, and We are able to understand how to navigate to get thr. to CompTIA A+ certification.
Rita Wiley 5
Mar 23rd, 24
Transitioning Officer in pursuit of PMP and MBA
Tim was beyond amazing. Not only did he know his craft, but he was also able to explain it to a level someone with the lowest level of knowledge could understand, without insulting the intelligence. I came in with barely any formal knowledge of the PM world and ended leaving with way more competency. Tim mixed personal experience and PMI terms/processes/knowledge areas to increase my understanding (it worked). Loved this class, loved the teacher. I will definitely recommend this class and more specifically, the teacher to other coworkers, friends and family. Thank you!
Tony, USA 5
Sep 4th, 24
Network Eng.
Highly Recommend CISSP Bootcamp With Tom
I have no complaints. The training was well paced, the materials seem to be spot on, and the trainer, Mr. Tom Scott, was an excellent trainer. I think I'm ready for the exam. Let's go!
Massoud Howayeck 5
Jul 30th, 24
Operations Manager at US Army
The instructor is very knowledgeable, very professional and friendly. we asked a lot of questions, he gave us a lot of tips and advice. Great materials, it covered everything. Thumbs up. Source - Trustpilot
Ken LeBlanc 4
Nov 16th, 24
Manager of Systems Development at Canada Council for the Arts
ITIL Foundation 4.0
Class, course and instructor were all first rate. Any issues that were raised were addressed immediately by Sprintzeal.
- 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
Looking for a personalized Corporate Training for a group at your preferred location?
Find CILT Endorsed Purchasing Management and Cost Saving Techniques in other cities
Atlanta GA Austin TX Bengaluru Boston MA Brisbane Brussels Chennai Chicago IL Dallas TX Delhi Denver CO Doha Dubai Frankfurt am Main Houston TX Hyderabad Ipoh Kuala Lumpur London Makati Manila Melbourne VIC Mumbai New York NY Phoenix AZ Riyadh Seattle WA Singapore Sydney NSW Washington DC ZurichOur Accreditations
USA : +1 315-666-4287
UK : +44 7700 174870
IND : +91 90361 08289
AUS : +61 480 005 455Top Trending Courses
AI and Machine Learning Masters Program | AWS Certification Training Solution Architect | Big Data Hadoop Certification Training Course | CAPM Certification Training Course | CBAP Certification Training | CCNA® - Cisco Certified Network Associate Training and Certification | CISA Certification Training Course | CISSP Certification Training Course | CSM Certification - Scrum Master Certification Training | CSPO Certification Training Program | Devops Certification Training | Digital Marketing Masters Program | Lean Six Sigma Black Belt Certification Training | Lean Six Sigma Green Belt Certification Training | PMI ACP Certification - Agile Certified Practitioner Exam Prep Training | PMP Certification Training Course | PRINCE2® 7th Edition Certification - Foundation Practitioner Training | Six Sigma Yellow Belt Certification Training | TOGAF Certification Training |People also bought
360 Degree Feedback Training | Advanced Presentation Skills Training | Auditor Skills Training | AWS Data Engineer Associate | AWS Certified DevOps Engineer Certification Training Course | AWS Certified Solution Architect Professional Certification | AWS Developer Associate Training Course | AWS Certification Training Solution Architect | AWS SysOps Certification Training Course | Big Data Analytics Training Course | Business Basics Course | Business Excellence Training | Business Meetings Training | CCBA Certification Training Course | CCSP Certification Training Course | CDPSE Certification Training | Certified in Cybersecurity Certification | CET - Certified in Emerging Technology Certification | CGEIT Certification | CGRC® Certification Training Course | Change Management for Leaders | Change Management Skills Training | Certified Procurement Professional Certification Training Course | Endorsed Purchasing Management Certification Training Course | CISM Certification Training | Coaching And Mentoring Skills Training | COBIT 2019 Foundation Certification Course | Competency Development Training | Complaints Handling Training | CompTIA A+ Certification Training Course | CompTIA Cloud Essentials+ Certification Training | CompTIA Cloud+ Certification Training | CompTIA Data+ Certification Training | CompTIA IT Fundamentals+ Certification Training | CompTIA linux+ Certification Training | CompTIA Network Plus Certification Training | CompTIA PenTest+ Certification Training | CompTIA Project+ Certification Training | CompTIA Security Certification Training | CompTIA Server+ Certification Training | Confidence building Training | Conflict Resolution Training | Corporate Culture Training | Corporate Structure Training | CRISC Certification Training | CSSLP – Certified Secure Software Lifecycle Professional | Customer Focus Skills Training | ISA/IEC 62443 - Cybersecurity Design Specialist Certification Training Course | ISACA® - Cybersecurity Fundamentals Certification | ISA/IEC 62443 - Cybersecurity Fundamentals Specialist Training | ISA/IEC 62443 - Cybersecurity Maintenance Specialist Certification Training Course | ISA/IEC 62443 - Cybersecurity Risk Assessment Specialist Training | Data Science Master Program | Delegation Skills for Leaders | DevSecOps Foundation | Effective Communication Skills Certification | Effective Problem Solving Course | Employee Absenteeism Management | Employee Motivation Training | Facilitation Skills Training | Federal Budget Process Training | Full Stack Developer Master Program | Group Dynamics Training | Human Resource Management Fundamentals | Informatica Certification Training | Interviewing Skills Training | ISO 13485 Foundation Certification Training | ISO 13485 Lead Auditor Certification Training | ISO 13485 Lead Implementer Certification Training | ISO 14001 Foundation Certification Training | ISO 14001 Lead Auditor Certification Training | ISO 14001 Lead Implementer Certification Training | ISO 18788 Foundation Certification Training | ISO 18788 Lead Auditor Certification Training | ISO 18788 Lead Implementer Certification Training | ISO 20400 Lead Manager Certification Training | ISO 21502 Foundation Certification Training | ISO 21502 Lead Project Manager Certification Training | ISO 22000 Foundation Certification Training | ISO 22000 Lead Auditor Certification Training | ISO 22000 Lead Implementer Certification Training | ISO 22301 Foundation Certification Training | ISO 22301 Lead Auditor Certification Training | ISO 22301 Lead Implementer Certification Training | ISO 22301:2019 Transition Certification Training | ISO 26000 Foundation Certification Training | ISO 26000 Lead Manager Certification Training | ISO 27001 Lead Auditor Certification Training | ISO 31000 Foundation Certification Training | ISO 31000 Lead Risk Manager Certification Training | ISO 31000 Risk Manager Certification Training | ISO 37001 Foundation Certification Training | ISO 37001 Lead Auditor Certification Training | ISO 37001 Lead Implementer Certification Training | ISO 37101 Foundation Certification Training | ISO 37101 Lead Auditor Certification Training | ISO 37101 Lead Implementer Certification Training | ISO 37301 Foundation Certification Training | ISO 37301 Introduction Certification Training | ISO 37301 Lead Auditor Certification Training | ISO 37301 Lead Implementer Certification Training | ISO 37301 Transition Certification Training | ISO 45001 Foundation Certification Training | ISO 45001 Lead Auditor Certification Training | ISO 45001 Lead Implementer Certification Training | ISO 45001 Transition Certification Training | ISO 50001 Foundation Certification Training | ISO 50001 Lead Auditor Certification Training | ISO 50001 Lead Implementer Certification Training | ISO 9001 Foundation Certification Training | ISO 9001 Lead Auditor Certification Training | ISO 9001 Lead Implementer Certification Training | ISO/IEC 17025 Foundation Certification Training | ISO/IEC 17025 Lead Assessor Certification Training | ISO/IEC 17025 Lead Implementer Certification Training | ISO/IEC 20000 Foundation Certification Training | ISO/IEC 20000 Lead Auditor Certification Training | ISO/IEC 20000 Lead Implementer Certification Training | ISO/IEC 27001 Foundation Certification Training | ISO/IEC 27001 Lead Auditor Certification Training | ISO/IEC 27001 Lead Implementer Certification Training | ISO/IEC 27001 Transition Certification Training | ISO/IEC 27002 Foundation Certification Training | ISO/IEC 27002 Lead Manager Certification Training | ISO/IEC 27002 Manager Certification Training | ISO/IEC 27005 Foundation Certification Training | ISO/IEC 27005 Lead Risk Manager Certification Training | ISO/IEC 27005 Risk Manager Certification Training | ISO/IEC 27701 Foundation Certification Training | ISO/IEC 27701 Lead Auditor Certification Training | ISO/IEC 27701 Lead Implementer Certification Training | ISO/IEC 38500 IT Corporate Governance Manager Certification Training | ISO/IEC 38500 IT Foundation Certification Training | ISO/IEC 38500 Lead IT Corporate Governance Manager Certification Training | ISO/IEC 42001 Foundation Certification Training | ISO/IEC 42001 Lead Auditor Certification Training | ISO/IEC 42001 Lead Implementer Certification Training | ISO/TS 22317 BIA Foundation Certification Training | ISSAP – Information Systems Security Architecture Professional | ISSEP – Information Systems Security Engineering Professional | ISSMP – Information Systems Security Management Professional | ITCA certification Training | ITIL 4 Managing Professional Transition Certification | ITIL 4 Specialist Drive Stakeholder Value Certification | ITIL 4 Specialist High Velocity IT Certification Training | ITIL 4 Specialist: Create, Deliver and Support | ITIL 4 Strategist - Direct, Plan and Improve | ITIL® Certification - V4 Foundation Training Course | Job Analysis Skills | Job Design Skills | Leadership Influence Training | Leadership Skills Training | Leading SAFe® Agilist 5.0 Certification Training | Management Skills For New Managers | Microsoft Azure Administrator Certification Training | Microsoft Azure Infrastructure Certification Training | Excel Training - Microsoft Excel Certification Course | Microsoft Power BI Certification Training Course | Negotiation Skills Training | Organizational Behavior Training | Organizational Issues Training | Performance Appraisal Training | Performance Benchmarking Training | PgMP Certification Training Course | PMI PBA Certification Training Course | PMI SP Certification Exam Prep Training | PRINCE2 Agile Certification Training Course | Productivity Training | Professional Scrum Master (PSM) Certification Training Course | Quality Management Training | Recruitment Training For Managers | Sales Training | Social Skills Training | SSCP – Systems Security Certified Practitioner Training | Strategic Decision Making Training | Strategic Leadership Training | Strategic Management Training | Strategic Performance Training | Stress Management Training | Teamwork Training | Technical Report Writing Training | Telesales Training | Time Management Training | TNA - Training Needs Analysis Program | Work Organization Skills |© 2024 Sprintzeal Americas Inc. - All Rights Reserved.
- PMP, PMI, PMBOK, CAPM, PgMP, PfMP, ACP, PBA, RMP and SP are registered marks of the Project Management Institute, Inc.
- CBAP® - Is a registered trade mark of IIBA.
- ITIL® is a registered trade mark of AXELOS Limited, used under permission of AXELOS Limited. The Swirl logoTM is a trademark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved
- PRINCE2® is a registered trade mark of AXELOS Limited, used under permission of AXELOS Limited. The Swirl logoTM is a trademark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved
- Certified ScrumMaster® (CSM) and Certified Scrum Trainer® (CST) are registered trademarks of SCRUM ALLIANCE®
- Professional Scrum Master is a registered trademark of Scrum.org
- The APMG-International Finance for Non-Financial Managers and Swirl Device logo is a trade mark of The APM Group Limited.
- The Open Group®, TOGAF® are trademarks of The Open Group.
- IIBA®, the IIBA® logo, BABOK® and Business Analysis Body of Knowledge® are registered trademarks owned by International Institute of Business Analysis.
- CBAP® is a registered certification mark owned by International Institute of Business Analysis. Certified Business Analysis Professional, EEP and the EEP logo are trademarks owned by International Institute of Business Analysis..
- COBIT® is a trademark of ISACA® registered in the United States and other countries.
- CISA® is a Registered Trade Mark of the Information Systems Audit and Control Association (ISACA) and the IT Governance Institute.
- CISSP® is a registered mark of The International Information Systems Security Certification Consortium ((ISC)2).
- CompTIA A+, CompTIA Network+, CompTIA Security+ are registered marks of CompTIA Inc
- CISCO®, CCNA®, and CCNP® are trademarks of Cisco and registered trademarks in the United States and certain other countries.
- CSM®, CSPO®, CSD®, CSP®, A-CSPO®, A-CSM® are registered trademarks of Scrum Alliance®
- TOGAF® is a registered trademark of The Open Group in the United States and other countries
- All the online courses are accredited by respective governing bodies and belong to their respective owners.