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Seminar

Practical Purchasing Skills
Purchasing function is becoming the special profit center of the company. In order to make it really work, purchasers need to master relevant skills.

This course will provide a series of operational approaches and systems which can help you give up traditional working styles that depend on experience, thus making you become trained and professional buyers.

All CEGOS open courses are upgraded!

  • Equipped with LearningHub platform
  • Every learner will presented with the following e-Learning courses for FREE!

All CEGOS open courses are upgraded!

  • Equipped with LearningHub platform
  • Every learner will presented with the following e-Learning courses for FREE!
Summary
Purchasing function is becoming the special profit center of the company. In order to make it really work, purchasers need to master relevant skills.

This course will provide a series of operational approaches and systems which can help you give up traditional working styles that depend on experience, thus making you become trained and professional buyers.
Attendees
* Purchasers and purchasing assistants, technicians and staffs working in supply department who are engaged in purchasing work
* Managers / supervisors from relevant departments
01
Preparation before seminar
02
Outlines
1. Purchasing function within the organization

2. Systematic purchasing methodology
* Purchasing categories and expenditure analysis 
* The process of establishing purchasing strategy 
* Approach and action plan

3. How to express real needs
* Commodity, functions and functional specification concepts
* Considerations in developing balanced specifications
* Effective request for quotation
* Value analysis definition and principles

4. Coordination of internal relationship
* An organization spanning activity and cross - functional teams
* Discussion on the communication and coordination of buyers’ role

5. Analysis of the price & cost
* Offer / demand situation and price
* Quotation analysis and negotiation
* Cost structure and analysis of elements
* Suppliers’ price bottom line

6. Systematic inventory management
* Volume, time and inventory optimization
* Cycle inventory and safety inventory
* Average stock and average consumption
* JIT and vendor managed inventory

7. Market analysis and selection of suppliers
* The process of discovering, evaluating and selecting suppliers
* Supplier evaluation methods and skills

8. Purchasing process

9. Legal aspects in purchasing

10. Negotiation skills for buyers
03
Follow-up after seminar
Objectives
Schedules
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Learning form:
Open Course
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