Endorsed Purchasing Management Certification Training Course
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
Aberdeen MD
Live Online Training
$ 5500 $8250
- 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
$ 6500 $9750
- 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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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.
Sarfaraj Alam 5
Mar 14th, 24
Network Security Engineer L3
Course Name: ITIL V4 Foundation
It was a great learning experience overall. The training session was very interactive with every question answered.Highly recommended.
Sumit Verma 5
Jun 11th, 24
Senior IT Project Manager
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 this 2 days session. displayed solid communication skill and subject expertness. Thank you very much.
Satish Chandran 5
May 5th, 24
Senior Manager
I have completed ITIL V4 training from Sprintzeal.
The trainer holds very good knowledge and answered all questions with good examples.
Jing Li 5
Jan 23rd, 24
Sr. Oracle Application Business Analyst
It's really helpful training. I did learn a lot regarding the Lean Six Sigma. I believe I am able to pass the exam and get certification after the training.
Tina Brullo 5
Apr 6th, 24
Solutions orientated event and project management professional
I found that the course has been comprehensive with a lot of reference material available for personal study outside of the class content. Obviously there is a lot to learn moving forward and its great to know that we are provided with on going support up until we sit the exam.
Archana Kalwani Sajnani 4
Oct 1st, 23
Business Operations Manager
I have completed my six sigma green belt training. The admin staff, support team and the trainer were very helpful and flexible. The trainer was very good and helped understand the concepts well. Thank you for all the support.
Murali Thimmegowda 5
Mar 23rd, 24
Senior Consultant at Capgemini
PSM 1 training by Sprintzeal was excellent. The trainer was very good and provided excellent training in a simple manner with lots of workshops, practices, and scenarios. I recommend Sprintzeal for PSM /CSM 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.
Sean J Davis 5
Feb 17th, 24
MAJ, AV Deputy G3 Aviation 1st Cavalry Division
I just finished the PMP Boot Camp and it was an excellent experience. Mr. Wood went above and beyond assisting me with enrollment and without him I would have missed out on this great opportunity. My instructor Gabi was phenomenal! She was very patient and brought a wealth of real-world experience that provided clarity throughout the training. I had numerous instructor in my life but Gabi is one of the best. I would recommend the Sprintzeal PMP Boot Camp if you are interested in pursuing employment in this field. I and prepare to put my newly learned skills to use after this great learning experience.
- 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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