Managing Supplier Costs
Short course
Inhouse
Description
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Type
Short course
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Methodology
Inhouse
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Class hours
6h
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Duration
1 Day
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Start date
Different dates available
This workshop seeks to achieve a balance between theory and practical advice with expert coaching and guidance. Participants will develop an understanding of the principles of managing costs in purchasing and procurement activities, to be able to manage and optimise cost performance for their organisation.
Facilities
Location
Start date
Start date
About this course
At the end of this training programme participants will be able to:
Understand why organisations need to control supplier costs
Understand the difference between cost and price, and what drives pricing in supply markets
Learn a range of cost control techniques to improve an organisation’s cost performance
Learn how to optimise value as a function of cost
Understand the difference between cost containment, cost avoidance and achieving savings
Those who are new to working in a purchasing environment with little or no purchasing experience; those who would like to review their existing skills in developing and optimising purchasing capability in buying and purchasing management roles; and those outside of the purchasing function (e.g. budget holders and finance professionals) who are stakeholders in the purchasing process.
Prior to the course, delegates will be asked to identify areas of spend for which they have direct or indirect responsibility in order to be able to work through real case examples during the programme.
On receiving your request for more details we will send you all course information and how to book a place/s
Reviews
This centre's achievements
All courses are up to date
The average rating is higher than 3.7
More than 50 reviews in the last 12 months
This centre has featured on Emagister for 16 years
Subjects
- IT
- Performance
- Markets
- Cost Drivers
- Managing Supplier Costs
- Supplier Costs
- Managing Supplier
- Cost containment
- Cost avoidance
- Life cycle costs
- Cost breakdowns
- Cost performance
Teachers and trainers (1)
Brian Hopkins
Finance Trainer
Course programme
Managing Supplier Costs