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!
David Carnell 5
Jan 18th, 24
Healthcare Project Manager
I was very pleased with my PMP trainer and the content and materials. The slides were very well done and logical so you could learn the subject matter looking at the slides and listening to the trainer. The trainer was very patient and thorough in making sure that I understood the subject matter and made sure any questions i had or uncertainty was addressed. I am very pleased with my PMP training experience.
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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
Linda Parrish 5
Apr 18th, 24
Energy Contracts Administrator
Awesome CBAP Test Prep Course with Excellent Customer Service. In March 2019, select staff from two of our departments partnered up to undertake the CBAP Test Prep course offered by Sprintzeal. I learned the BABOK was difficult to comprehend until our trainer, Delilah Allison, explained the book's layout and the meaning behind each section. Her teachings enable me to grasp the Business Analysis concept (even though most of my tasks were in a project management world). Our Account Manager, Alex Wood, provided excellent customer service going above the call of duty to ensure our satisfaction. We did encounter some hiccups along the way which were either resolved or addressed in an expedited manner. Also, the price per person was reasonable compared to what was offered and what other companies offered. My overall experience with Sprintzeal is a positive one. I would definitely recommend the class. Source - Trustpilot
Sarochin Tollette, BSEE, Certified ScrumMaster 5
Feb 12th, 24
Program Manager | Senior Technical Project Manager | Software Engineering Manager | Collaborator | Problem Solver
I'm glad I discovered SprintZeal on my journey to getting the PMP Certification and Lean Six Sigma Green Belt Certification. Their PMP Certification Exam Prep course and resources (videos, practice exams) are very effective and helpful. The teachers and support staff are top-of-the-line. When I have questions, I get almost instantaneous replies from the support focal (even during the holidays). The Lean Six Sigma Green Belt Certification on-line course is easy to comprehend. The on-line course gives me flexibility as I can take it anytime, on my own schedule. I look forward to taking the exams and getting my certification!
Roger Cleuskens 5
Feb 13th, 24
IT Support Engineer
It was a good learning experience connected to practical aspects and real projects. I enjoed my CompTIA network+ session with the trainer.
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.
Anetra Doherty 5
Feb 17th, 24
SFL Career Counselor at Inverness Technologies
Kevin Davis Phenomenal instructor that provided actual conceptual scenarios that focused on the overall PMP concept that I could relate to in the corporate culture. He was very patient and determined to ensure we stayed on track w/ the focus of understanding the fundamentals of PMP.
T Bourke 5
Sep 15th, 24
Director of Operations
My trainer Dan Chauncey was extremely helpful with practical experiences that he conveyed regarding several of the questions that I had. The information is extensive. And the tools that have been provided are very detailed and umderstandable. Thorough training. Looking forward to more in the future.
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.
Logan DeSanto 5
Feb 29th, 24
System Engineer
Overall Sprintzeal Comptia A+ was great, they helped me a lot just learning stuff I would have never learned otherwise, one way they could improve is by starting a bit earlier in IT, like just giving basic knowledge and vocabulary that we should know. Otherwise once we learned everything it was pretty easy to grasp.
- 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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