Purchasing and Suppliers Management

Overview
Course Outline
Scheduled Dates

Course Overview

A five day intensive program aimed at developing / strengthening the understanding of the crucial role-played by the supplier in delivering customer satisfaction through an effective supply chain. Participants will learn how to evaluate the performance of both potential and current suppliers. Asses the factors that comprise and effective tender and conduct effective negotiations that bring long term value to the organization.

The key highlights of the seminar are:

Planning.
Tendering.
Negotiation.
Supplier Management.
Measuring Performance.
Communication.

Objective:

Identify and reduce procurement risk through development of a plan of action.
Enable improved performance from your existing suppliers through evaluation and performance measurement.
Understand and strengthen your supply chain.
Improve operating relationships within your organization.
Award contracts on the basis of measured performance / criteria.
Provide a working understanding of the Negotiation process.

Course Outline

Day 1: What is the Role of Purchasing in the Company?

Introduction to Purchasing and its contribution to the organization.
What is the purpose of a business?
Dealing with the problem of being a “ go between “.
Purchasing process and cycle of procurement.
Positioning purchasing within the company.
Vision, Mission and Value of Purchasing.
Purchasing Structure.
Where to find performance improvement.

Day 2: Developing the Purchasing Strategy:

How to reach the internal customer.
Developing Purchase agreements.
Importance of being involved in creating the specification.
Supplier selection methodology.
Criteria for pre qualifying suppliers.
Integrating the supplier selection process.
Positioning your need and you value against the market.
The role of ISO 9000.

Day 3: Selecting the Right Supplier & Evaluating Performance:

Conditioning the supplier to meet your requirement.
The total cost approach to purchasing.
Analyzing Cost.
Analyzing Value.
Hidden costs.
Life cycle costing.
Using Price indices.
Performance evaluation.

Day 4: Tendering and Analyzing the Bid:

Process needs.
Types of tender.
Electronic commerce / E Auctions.
Evaluating a bid objectively.
Terms and Conditions of contract.
Standard contract clauses.
Methods of Payment.
Expediting the agreement.
What if the contract fails to deliver – legal issues.

Day 5: Negotiating the Contract and Preparing a Plan of Improvement Action for Purchasing:

Defining negotiation.
Obstacles to effective negotiation.
Different styles of negotiation.
The tools of the process.
Phases of a negotiation.
What to do and what not to do.
Focus on four key areas of world-class performance.
Evaluating performance gaps.

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.

Select Month

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June
July
October

Location

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Dubai
London

London

$5,300

Duration: 5 Days

date: 02 - 06 Jun 2025

Dubai

$5,300

Duration: 5 Days

date: 21 - 25 Jul 2025

London

$5,300

Duration: 5 Days

date: 06 - 10 Oct 2025

Contract and Project Management

Purchasing and Suppliers Management

Duration:5 Days

date:02 - 06 Jun 2025

London

$5,300

Questions? Speak to our
friendly training advisor

Maisa Abed

sales@londontfe.com

+44 2071836657

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CPD Standards

Employees of professional or formally regulated bodies are generally expected to have CPD accredited training. This type of accreditation ensures that the training is knowledgeable, informed and constantly updated. It ensures our standards as a company are kept high and consistent.

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Why Choose London Training For Excellence?

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Tailored

We customise our courses to suit your personal learning needs
Quality

Our courses are delivered by highly experienced industry experts
Recognition

All our courses are accredited by the CPD Standards Agency

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!

How often do you update your course content to ensure relevancy?

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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