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Fundamentals of Purchasing for New Buyers
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Overview
Course Outline
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Purchasing is a critical function in any organization, significantly influencing operations' efficiency, cost-effectiveness, and overall success. As businesses evolve, the roles of purchasing and buyers continue to change. This course will give new buyers the necessary skills and knowledge to understand the purchasing cycle, improve their negotiating power, and make better buying decisions. Buyers can help reduce costs, enhance supplier relationships, and contribute to overall business success by improving purchasing management.
- Be familiar with the fundamentals of Purchasing.
- Recognize the new roles of Purchasing and buyers.
- Become a more efficient and productive buyer through applying the techniques of purchasing management.
- Improve the services provided by your suppliers through more effective negotiations and planning.
- Understand the ethical/legal aspects of purchasing and its possible liabilities.
- Attain a better negotiating position through cost analysis.
- Identify hidden costs and make better buying decisions.
- Increase your company’s savings through better purchasing management - and increase your chances for success.
- Find out how to select and qualify suppliers.
Who Should Attend?
- Purchasing officials in public and private sectors.
- Personnel responsible for buying who wish to improve their performance .
- Employees in other roles who wish to understand purchasing and buying processes and improve the interaction with their function.
Fundamentals of Purchasing for New Buyers
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