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Course Outline
Today supply managers participate in new product development
and are responsible for selecting sources managing costs, developing supplier partnerships and issuing long term agreements with carefully selected suppliers.
At the more
progressive organisations purchasing managers are active participants in the organisations strategic planning process. This seminar outlines the fundamental
responsibilities of the purchasing function and how they contribute to the success of the
organisation. Methods and approaches to ‘purchasing smarter’ are examined.
In addition participants will appreciate the effects of sub-optimum performance on the rest of the organisation, particularly production whom are their main internal customer. Active sharing of learning experiences and practical exercises will be used throughout.
Course Objective
To provide new and recently appointed purchasing staff with the necessary skills and techniques to conduct their activities in an efficient and professional manner
Who Should Attend
This two-day seminar is designed primarily for those new to the purchasing function who require a broader understanding of the latest trends and training in how to work smarter. It will also benefit those not directly involved who require a general appreciation of the purchasing function.
Course Content
INTRODUCTION & OVERVIEW
Purchasing as a part of Materials Management and the Value Chain.
Stock Turnover.
Costs of Carrying Stock.
Lead-time Definitions.
ABC Classifications.
Organisation Structures.
SOURCE SELECTION AND DEVELOPMENT
Where to Find a Potential Source.
Selection Criteria and Procedures.
Supplier Auditing.
Understanding Price: Materials, Labour, Overhead
Negotiation
Monitoring Supplier Performance / Vendor Rating
Continuous Improvement
Just In Time (JIT)
IMPROVING PURCHASING EFFECTIVENESS AND EFFICIENCY
Measuring Techniques
Support Partnership and Strategic Alliances
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