Cuesys Infotech :: Consulting | Corporate Training

Program Overview
Program Objectives

Purchase is no longer a support function or attached to the apron strings of production department. In an environment characterized by many unknowns, purchasing professionals must assist general management by providing purchasing expertise for strategic decisions. Purchasing can assist in calculating the probable impact of outside factors on supply, quality and price. Secondly, effective managers are consensus builders. Consensus is built with artful negotiation. It is not a game of compensating some "wins" with some "losses". Ultimate result is the winning of the organization by creating collaborative relationship.

The Purchase Management training course is designed to improve the understanding of about strategic aspects of purchase function vis-a-vis developing their analytical skills.

By attending Purchase Management - Advanced workshop, Delegates will learn to:

Develop deeper understanding of the importance of the purchase function and how it impacts the business as a whole
Understand strategic aspects of the procurement function
Understand how to measure performance of the purchase department
Improve their understanding or clear their misunderstandings about Just In Time (JIT)
Improve decision making skills on "make vs buy" items
Understand how to audit the procurement function

purchase management - advanced

COURSE AGENDA

Various KPIs to measure performance of procurement function

Overview of Just In Time (JIT)

Concept of Total Cost of Ownership (TCO)

Elements of Strategic Procurement

Traditional v New Age Procurement

How to audit the procurement function?