Endorsed Purchasing Management Certification Training Course in Singapore, Singapore
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
Singapore
Live Online Training
S$ 7645 S$11468
- Get Lifetime free access to recorded classes
- Interactive sessions with certified instructors
- Access to mock tests and exam practice
- Live Training using Microsoft Teams, Get Lifetime recording access
Classroom Training
S$ 9035 S$13553
- 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!
Tim Heverin 5
Oct 29th, 22
Systems Engineer
Taking the CISSP class has helped to prepare me for the exam. Munavwar is an excellent trainer and has helped me to expand my knowledge in this area. Having the class recorded was very helpful so that I can go back and review material. This was much better than just reviewing slides. The thing that I most enjoyed was really expanding upon my own experience and applying it to the learning material. I highly recommend Munavwar when training for the CISSP exam.
Ken LeBlanc 4
Jan 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.
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Regina Ogbone 5
Jul 11th, 24
Senior System Engineer
"I've never completed a course like this before (remotely) and I cannot express how great the instructor was and the overall content of the material. The way he taught was very clear in his method of teaching. The instructor was very knowledgeable and provided a wealth of information about the current version of CompTIA Security+. All my questions were answered and the class interaction was very good. I loved the fact that even though I was in a class with other people, the actual physical space was quiet and very conducive to learning! Thank you.
Robert Warnock 5
Sep 17th, 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.
Kimmie Edwards 5
Jan 31st, 24
Chief Executive Officer
It's really helpful training. I did learn a lot regarding the Lean Six Sigma Black Belt . I believe I am able to pass the exam and get certification after the training.
Rodney Bowers, MBA 4
Oct 2nd, 23
Program Manager
The course serves as a good guide as to what areas you should focus on in regards to taking the exam. Instructor actually cares about your success and is overly helpful in providing understanding of the concepts
Bernadette Vida 5
Mar 12th, 24
IT Program Manager, Business Owner
Dana is an excellent instructor. He had a lot of test taking and industry experience. I noticed that the power point and test material references the 5th edition. For example, the reference to Quality Audit which is in the 6th Edition called Quality Assurance. Dana was able to point these out and reduce confusion.
Edward Lee 5
Feb 28th, 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.
Ahmed Shahein 5
Aug 16th, 24
Assistant Superintendent at MAPP, LLC
Enjoyed, great atmosphere although it online. Trainer is an expert in sharing and delivering knowledge. Sprintzeal management is great and very assisting and helping.
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!
- 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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