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
New York NY
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!
Glenn Monroe 5
Aug 9th, 24
Project Development Officer at New Jersey Casino Reinvestment Development Authority
I highly recommend this course. The content is very challenging and extensive but well organized. The instructor - Biswal knows the material very well and moves at a very comfortable pace with lots of opportunity for questions. The Sprintzeal team is very helpful and now I feel confident in taking the PMP exam.
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Benny Rodriguez 5
Aug 9th, 24
Senior System Enginner
The session was awesome, interactive, and very educational all over. I enjoed my CompTIA Network+ session with the trainer
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.
Josh Rhie 5
Feb 22nd, 24
IT Manager
Awesome teacher and mentor!
Abdulkarim Hallak 5
Mar 13th, 24
Facility In Charge / Senior Supervisor at Warehousing & Logistics Services Co LSC
Very beneficial and supportive
Karen Mummaw 5
Jan 19th, 24
Chief Operating Officer at The Prospective Group
It was an excellent Bootcamp that provided a solid foundation/framework for PMP. I was hesitant to take a virtual course, but the limited size of the class and the excellent instruction made me a believer in virtual classes.
Yogi Sankepally 5
Apr 5th, 24
Independent IT Consultant
Class: "AWS Solution Architect Associate"
Small class size, with more emphasis on hands-on practice for each topic covered. The trainer Ameya Vaidya is knowledgeable and explains lucidly with real-life examples. Would definitely recommend.
Ohiorenua Ahanmisi 5
Jun 19th, 24
Water/Wastewater Process Design Specialist
It was a really insightful and resourceful training session on the lean six sigma green belt. The trainer swati was very knowledgeable on the lean six sigma concept and was able to transfer the knowledge across effectively. I would recommend sprintzeal to my colleagues and friends.
Kimmie Edwards 5
Jan 31st, 24
Chief Executive Officer
It's really helpful training. I did learn a lot regarding the Lean Six Sigma Black Belt . I believe I am able to pass the exam and get certification after the training.
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.
- 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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