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Fundamentals of Purchasing for New Buyers

  • Overview ImageOverview
  • Outline ImageCourse Outline
  • Scheduled ImageScheduled Dates

Course Overview

Learning Objectives:

    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.

Objective:

  •   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.
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Course Outline

  •   Introduction.
  •   How Purchasing Management Adds Value to the Firm:

              The purchasing cycle.
              Key criteria used to measure a buyer’s performance.
              Cost reduction.
              Purchasing management policies, procedures, controls and standards.

  •   Supplier Relations: 

              Requisition and purchasing policies.
              Solicitation process: why various types of solicitation are used.
              How to qualify and pre-select suppliers.
              Assessing the risk in doing business with a supplier.
              Assessing competitive market pricing.

  •   Specialized Purchasing Management Tools:

              Purchasing/procurement card.
              Service contracts.

  •   Exercises and case studies.
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Schedule & Fees

3 For 2Offer

Get the most out of group training with our special discount! Register 3 of your participants together on the same course and only pay for 2.

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Location

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  • Procurement & Supply Chain Management

Paris

$5,300

Paris

Duration: 20 CPD hours (5Days)

date: 06 - 10 May 2024

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  • Procurement & Supply Chain Management

Paris

$5,300

Paris

Duration: 20 CPD hours (5Days)

date: 19 - 23 Aug 2024

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  • Procurement & Supply Chain Management
Amsterdam

Duration: 20 CPD hours (5Days)

date: 21 - 25 Oct 2024

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  • Procurement & Supply Chain Management

Paris

$5,300

Paris

Duration: 20 CPD hours (5Days)

date: 02 - 06 Dec 2024

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  • Procurement & Supply Chain Management

Fundamentals of Purchasing for New Buyers

Duration:5 Days (20 CPD hours)

date:06 - 10 May 2024

Paris

Paris

$5,300


Register Now

Questions? Speak to our
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Dunya Sayedyusef

Email Imagesales@londontfe.com

Call+44 2071836657

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Frequently Asked Questions

How can training courses be used as a company benefit?

Training is hugely beneficial to both yourself and your company. It enables you to employ new technologies, increases your productivity and enables you to be more autonomous. Have a look here at our infographic on the importance of training and development!

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Our course content is constantly reviewed and updated to ensure we stay up to date with all the latest trends. After every course is completed we review the feedback and improve the material where necessary.

Do you keep your classroom environment and instructional methodologies current with today’s real-world workplace?

Yes, we focus our training on ‘real-world’ scenarios and our trainers are all highly experienced and skilled in their relevant fields.

Are your courses eligible for professional certification?

Yes, we offer certification with all our courses, every course is entitled to CPD (Continuous Professional Development) hours which you can put towards your professional portfolio.

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Fundamentals of Purchasing for New Buyers

  • FranceParis
  • calendar06 - 10 May 2024
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  • FranceParis
  • 06 - 10 May 2024
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