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
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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Safiqul Sarkar 4
Mar 18th, 24
Certified Microsoft Engineer
Concepts have been explain with real world examples. Key is to forget organizational practices when opting for ITIL and keep and open mind about the concepts and not mix it.
It was a great learning experience
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.
Lindsay Kunz 4
Jan 16th, 24
PROGRAM MANAGEMENT │ MARKETING OPERATIONS | CUSTOMER EXPERIENCE
I was lucky to get an excellent trainer. Super knowledgeable and patient. Giving 4-stars only because Sprintzeal comes across as disjointed upon introduction. For example, two sales reps reached out to me at the same time and then I felt passed off. More visibility into who is doing what and their role would be helpful.
Shakirat Oluwatosin Raji 5
May 5th, 24
Researcher GRC Analyst
My Security + Trainer , Mr Thomas Milkovic was an excellent trainer. I really enjoyed the 4days training here.
SEAN J DAVIS 5
Jan 11th, 24
Senior System Engineer
ITIL V4, The training has detailed, it can be a bit better with more interactive session and relevant real time easy to understand examples for people who get this as the first hand experience.
Lance Meyer 5
Oct 20th, 24
Network Administrator
Great practical application and 1-1 training
The training was virtual and thus I was expecting a 'room' full of people. However it was just the instructor (Sonu Verma) and I. This made it much easier to tailor the instruction to my background and learning style and to go faster through material that I was already comfortable with.
Lynne Colley 5
Jan 19th, 24
Clarity | Action = Corporate Real Estate and FM Consulting Coach
Best training ever. Muhammad Faisal was just the best tutor. By the end of 4 days training from zero start I was already achieving over 60 percent and then just had to follow up with the study plan and go ahead with the momentum. Nothing was too much trouble. Extremely supportive tutor who also coached me with the application process and heaps of tips for the exam. I know I am ready and I will come back and let you know when I pass in the next month. for sure.
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.
Lori Coleman 5
Jan 17th, 24
Lead Instructor for FSPCA for Human Food Curriculum
I was very apprehensive to take this class on-line.
The instructor was great. Very knowledgeable and helpful with all questions.
Paul Bentley 5
Jun 4th, 24
Senior IT Project Manager
Excellent session with amazing professor who has great knowledge about CompTIA A+ and deal with doubts and questions brilliantly!
- 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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