Purchasing Management and Cost Saving Techniques
Course Description
• Managing the purchasing department of the 21st Century is not an easy task. • Today's global economy makes the purchasing function increasingly complicated. • In this course, we will explore how to manage the various suppliers that may be located thousands of kilometers from your plant while achieving real cost savings. • Furthermore, we will discover how the Purchasing department fits in the overall function of the supply chain operation. • Lastly, we will cover how the purchasing department should be managed properly to achieve all of its Key Performance Indicators (KPIs).
The Training Course Will Highlight ?
Training Objective

By the end of the course, participants will be able to:

  • Define the strategic role of the purchasing department
  • Perform accurate supplier evaluation
  • Develop effective negotiation strategies with all suppliers
  • Explain the importance of value analysis to purchasing
  • Evaluate the performance of the department using proper Key
  • Performance Indicators (KPIs)
  • Improve the efficiency of the purchasing department

Target Audience

This course is designed for purchasing managers

Training Methods

This interactive Training will be highly interactive, with opportunities to advance your opinions and ideas and will include:


• Lectures
• Workshop & Work Presentation
• Case Studies and Practical Exercise
• Videos and General Discussions

Daily Agenda

Day 1 The strategic function of purchasing

  • Introduction and course overview
  • the link between the purchasing function and organizational strategy
  • creating a purchasing mission statement
  • matching the purchasing mission with the company's mission
  • writing the department's objectives
  • Balancing quality, service and price
  • Things purchasing should strive for
  • Case Study
  • Review Questions

Day 2 Supplier evaluation and negotiation

  • Negotiating with suppliers
  • Power in negotiation
  • Planning for negotiation
  • The 13 powers of negotiation
  • Achieving the right agreements with suppliers
  • Factors used to evaluate suppliers on total performance
  • Ways of promoting good supplier relations
  • Creating suppliers as good partners
  • Choosing the right suppliers
  • Case Study
  • Review Questions

Day 3 Value analysis

  • 16 key strategic questions to ask
  • Applying the 16 strategic questions
  • How these 16 questions will reduce total cost
  • Optimizing purchasing productivity
  • Adding value as a purchasing manager
  • The 21st century purchasing manager
  • From pushing papers to strategic thinking
  • Case Study
  • Review Questions

Day 4 Managing and evaluating the department performance

  • Centralization versus decentralization
  • Reasons for departmental performance appraisal
  • Managing other buyers
  • Management by objectives
  • Continuous development for the buyers
  • Key Performance Indicators for purchasing
  • Choosing the right KPIs for purchasing
  • The right number of departmental KPIs
  • Case Study
  • Review Questions

Day 5 Improving purchasing efficiency

  • Evaluating service to end users
  • Conducting the right surveys
  • Communicating better with end users
  • Ethical behavior with suppliers
  • Ethical behavior with end users
  • Ethical behavior within the department
  • Purchasing policies and procedures
  • Training the staff
  • Case Study
  • Review Questions
  • Conclusion and close Out
Accreditation

RECTUS attendance certificate will be awarded to all participants who complete at least 80% of the total course duration.

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Course Rounds : (5 -Days)


Code Date Venue Fees Register
PM106-01 05-05-2025 Dubai USD 5450
PM106-02 07-07-2025 Dubai USD 5450
PM106-03 08-09-2025 Dubai USD 5450
PM106-04 17-11-2025 Dubai USD 5450
Prices doesn't include VAT

UpComing Date


Details
  • Start date 05-05-2025
  • End date 09-05-2025

Venue
  • Country UAE
  • Venue Dubai

Quality Policy

 Providing services with a high quality that are satisfying the requirements
 Appling the specifications and legalizations to ensure the quality of service.
 Best utilization of resources for continually improving the business activities.

Technical Team

BTS keen to selects highly technical instructors based on professional field experience

Strengths and capabilities

Since BTS was established, it considered a training partner for world class oil & gas institution

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Abu Dhabi, UAE

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info@rectustraining.com

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