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!
Ralph Scheunemann 4
Mar 23rd, 24
Sr. Infrastructure Planning Engineer at City of Barrie
The training was direct to the point. The resource material is excellent.
Sean Davis 5
May 6th, 24
Navy Veteran IT Professional
I had the opportunity to take the ITIL 4 Foundations course through Sprintzeal and it was a great experience. My instructor was Courtney, and I feel she prepared me to take and pass the exam on my first attempt. Courtney is very knowledgeable, and her instruction method was conducive for a positive learning environment. I will request her in the future as I plan to expand on my knowledge in ITIL. Alex was vital in my successful enrollment and always a trusted agent to aid in my self development plan. Sprintzeal is a great organization to aid in your ability to better yourself through expert instruction.
TESS MARSH 5
Jan 17th, 24
Community Manager
I received marking emails for Sprintzeal during the last year or so. My intention was to earn my PMP certification in 2020. COVID-19 helped to motivate me to get signed up. The first live online training class was a disappointment, the instructor was ill and that round of training was cancelled. Sprintzeal staff apologized and did a great job of finding me a place in the next round of training.
The instructor for the second training session was very good. He went at a pace that was just right, was patient and make sure we understood the concepts before moving on.
.webp)
Russell Deatherage 5
Apr 12th, 24
Sr. Program Manager
PMP Boot camp by Syed M. Quadri on 21-25 Oct 2019. Excellent class. Mr. Quadri presented sound information and gave logic advice that was helpful to tie the information together for memory. Great point on the ITTO's that I and O are nouns and TT's are verbs or actions
Massoud Howayeck 5
Mar 26th, 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
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.
Nicole Gentz 5
Mar 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!
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.
Michela Carletti 4
Feb 17th, 24
Consultant
I was not sure where to book my CompTIA Security+ certification training and I am happy that I went with Sprintzeal.
The trainer was very knowledgeable and the company was very flexible in scheduling the training in dates that were fitting my schedule.
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.
- 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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