|Introduction to Effective Purchasing|
Aimed at personnel new to purchasing or with limited experience, this course enables them hit the ground running and make an immediate contribution. It equips them with the fundamental skills and knowledge to transform them from order placers into productive members of the purchasing team.
The course is also ideal for non-buying personnel who interface with the purchasing function or for those who have delegated responsibility for buying goods and services.
Attendees will gain an understanding of the contribution professional buying can make to an organisation. They will learn how to manage the enquiry process, negotiate prices, terms and conditions and make robust agreements with their suppliers. The importance of professional conduct in commercial relationships and the necessity of compliance with efficient procurement processes are also emphasised.
Key Objectives of the Buyer
Potential Profit Contribution of the Purchasing Function / What the Professional Buyer Needs / Job Knowledge / Personal Skills.
The Purchasing Cycle
Enquiries & Tenders / Importance of the Purchase Order / Progressing Delivery / Verifying the Invoice / MRP / JIT / e-commerce.
Selecting the Supplier
Sources of Information for Finding Suppliers / Evaluating Potential Sources / Supplier Appraisal / Partnership Sourcing / Competition.
Total Acquisition Cost / Purchase Price / Discounts /Transport Costs / Settlement Terms / Storage Costs / Administration Costs / Comparison of Prices / Tooling & Fixed Charges / Obtaining Cost Breakdowns / Fixed and Variable Costs / Labour / Materials / Overheads / Managing Price Increases.
Buying from Overseas
Customs / Incoterms / Currency / Valuation / Import Duties.
How do we get Quality? / Specification / Control / Inspection / BS EN ISO 9001:2008.
Ethics in Purchasing
Fair & Open Dealing? / Dealing with Offers of Gifts / Corporate Hospitality / International Relationships / Codes of Conduct / Company Policy.
Key Phases / Preparation / Opening / Debating / Moving / Agreeing / Closing / Reviewing / Negotiation Techniques / Strategy / Behaviour.
Introduction to Legal Aspects
Background to The Law Affecting Purchasing / The Essential Requirements of a Valid Contract / Offer and Acceptance / Breach / Damages / Ownership / Risk / Sale of Goods Legislation.
These are used throughout the course to illustrate the practical applications of the various principles and techniques discussed.
08 - 10 July 2013
17 - 19 September 2013
04 - 06 November 2013
£695.00 + VAT
Three day non-residential.
PMS has preferential rates for accommodation with three excellent city hotels within walking distance of the Training Centre.Customer Reviews