Course Methodology
This course uses a variety of interactive learning methods such as group discussions, videos, team exercises, case studies, and questionnaires.
Course Objectives
By the end of the course, participants will be able to:
- Apply the fundamentals and modern principles of the purchasing function
- Utilize the best practices in purchasing strategies and processes
- Use all the skills required to be an effective buyer
- Improve the efficiency of buying goods and services
- Describe how best to select suppliers
- Determine transportation and packaging requirements
- Explain how to shorten total lead time to speed up the purchasing cycle
Target Audience
Junior buyers, intermediate buyers, purchasing department personnel, and other personnel from other departments who need to understand the buying function.
Target Competencies
- Purchasing methods
- Supplier communication
- Writing purchase orders
- Logistics methods
- Sourcing of materials
- Negotiation
