About This Course
Purchasing Management and Cost Saving Techniques is a dynamic course designed to provide students with the knowledge and skills necessary to effectively manage the procurement process and implement strategies for reducing costs within an organization. This course explores the fundamental principles, practices, and advanced techniques utilized in purchasing management to optimize procurement activities and achieve cost savings objectives.
Learning Objectives
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
- All Supervisors
Curriculum
16h
The strategic function of purchasing
Supplier evaluation and negotiation
Value analysis
Managing and evaluating the department performance
Improving purchasing efficiency
Free
