Aimed at buyers with some experience who want to improve their cutting edge in obtaining more profitable deals, making cost reductions and protecting their organisation’s interests. In tough times more is needed from the buyer and this course will give them the tools to produce the results critical to the ongoing success of the business.
Attendees will develop skills and knowledge in selecting procurement strategies, supplier appraisal, performance measurement and risk management. They will gain a greater insight and understanding of the negotiation process and will be better able to construct and manage contracts. Detailed tuition in using Cost Analysis as a technique of price control and how to manage the added risks of international procurement is also provided.
Topics covered include :-
Strategic Purchasing/Purchasing Strategy/Choice of Strategy/Measuring Purchasing Performance/Avoiding 'Paralysis by Analysis'/Risk Management/Cost Analysis/Global Sourcing : Currency & Payment, Customs, Legalities/Corporate Social Responsibility & Environmental Purchasing/Negotiation/Preparation/Techniques/ Behavioural Aspects/Legal Aspects/Contract Law, Legislation, Remedies for Breach/Transfer of Risk/Ownership/Purchasing Capital Equipment/Special Nature of CapEx.
Sony, Virgin, Mitsubishi, Lotus Sports Cars, Plessey and Eurotunnel are just some of the businesses that have benefitted from this training.
The event will be operated in a Covid safe environment.