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
Kuala Lumpur
Live Online Training
MYR 24200 MYR36300
- 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
MYR 28600 MYR42900
- 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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Akalu Asfaw 5
Mar 13th, 24
Senior IT Support Engineer
The trainer explanation method has been very great, engaging and inclusive. Also,I really enjoed my CompTIA A+ session with the trainer.
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
Mark Ridgely 4
Aug 9th, 24
Project Manager
Instructor very knowledgeable of the PMI content and provided solid instruction as such as well as practical experience in exam preparation and test taking strategy.
Online version of class was better than anticipated, but think I still would have preferred in person classroom setting.
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.
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.
Victor Cobile 5
Sep 9th, 24
Management and Program Analyst at Logistics Readiness Center
Mr. Biswa has been a very thorough instructor providing a very comprehensive training on Program Management. It has been a pleasure learning from him and look forward to taking more courses under Sprintzeal for related topics on Program Management. I will take what I have learned from him and Sprintzeal to my workplace and maybe apply some of the lessons in the area of Procurement Management. I feel also that I am maybe 60% percent ready to take the exam but will be close to 100% by the time I read more course materials and study for it. Thank you for the learning experience and look forward to learning some more.
Edward Lee 5
May 21st, 24
Senior Manager
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.
Smitha Harish 5
Mar 29th, 24
Senior Business Analyst
Had a very good experience with the online CISSP class. Munavwar Sheikh, the instructor, explained each domain very well. He was very patient in answering our questions with pictorial examples. and his work experience. A great experience indeed and I recommend Munavvar for security related training courses.
Mitul Prafulbhai Bharwad 5
May 6th, 24
Business Development Expert
The training material was well organized and clearly explained by trainer. It was a nice experience and all the queries were well taken and explained to clear the doubts.
Claire Berman 5
Jan 21st, 24
Senior Buyer at Goodman Manufacturing
Biswa created different handouts and worksheets that helped with the reviewing and were external to what the book was providing. Instructor tailored examples to our actual careers to help make understanding easier and more relatable. The course overall was extremely interactive.
- 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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