Practical Purchasing Skills - Theory, Practice And Techniques

Course review:

This course concentrates on the underlying principles involved in buying goods or services. Using numerous exercises and case studies it provides a thorough grounding in the fundamentals of the procurement process.

It is intended for participants who are absolute beginners as well as for those with some experience but who have who have received no previous formal purchasing training.

Topics covered will include:

• The procurement function contribution to the business.
• The concept of supply chains.
• Vendor base management.
• Supplier appraisal.
• Specification.
• Catalogues and codes.
• Standardisation and Variety control.
• Bidding and Tendering processes.
• Supplier relationships.
• Vendor management and development.
• Pricing structures and strategies.
• Inventory management.