Management Training | Business Skills | Leadership Training

Introduction to Strategic Purchasing

Who Should Attend

Those who are new to working in a purchasing environment with little or no purchasing experience; those who would like to review their existing skills in developing and optimising purchasing capability in buying and purchasing management roles; and those outside of the purchasing function who are stakeholders in the purchasing and procurement process.

Overview

This workshop seeks to achieve a balance between theory and practical advice with expert coaching and guidance. Participants will develop an understanding of the key principles of purchasing and procurement to be able to manage and participate in the development of a strategic purchasing capability for their organisation.

Outcomes

At the end of this training programme participants will be able to:

Understand why organisations need a strategic purchasing capability

Understand the role of purchasing in an organisation

Understand the key steps in the purchasing process

Identify the key capabilities required of a strategic purchasing function

Content

The programme is participative and involves exercises in small groups, trainer input and the use of case studies and examples to enhance learning. The topics we will cover are:

The purchasing process

How strategic purchasing adds value to an organisation

Purchasing ethics and governance

An introduction to the key techniques of strategic purchasing responsibility and control

Spend management
Cost control
Supplier selection
Negotiating with suppliers
Contract management
Supplier relationship management
Performance measurement
Supplier improvement

Pre-Course Work

Prior to the course, delegates will be asked to identify areas of spend for which they have direct or indirect responsibility in order to be able to work through real case examples during the programme.

DURATION: One Day

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