solid state training solution

Purchasing Management 

Saturday, June 29, 2024
Category:Purchasing and Procurement
2 Days Dubai 9:00am – 4:00pm

Introduction

It is time for purchasing to move from the low value, transaction, and administrative focus to being the high value strategically focused organization that adds competitive advantage to the organization. Bringing competitive advantage means applying the best practices implemented by world-class purchasing operations. The best procurement practices covered in this highly motivating seminar provide significant tactical and strategic value to the organization and strong recognition to the purchasing and those in it.

Objectives

  • Define the strategic role of the purchasing department.
  • Develop effective negotiation strategies with all suppliers.
  • Explain the importance of value analysis to purchasing.
  • Evaluate the performance of the department using proper KPIs.
  • Improve the efficiency of the purchasing department.

Training Methodology

Designing Approach

Tailor-Made for Your Needs: Solid State Training Solutions works closely with every client as a long-term strategic partner. We conduct pre-training requirements process which includes collecting details of the registered delegates and conducting training needs analysis meetings to align the training solution with the client’s objectives.

 

Delivery Methodology

  • Simulation – providing life-like scenarios through structured learning experiences and to improve business awareness and management skills.
  • Role Play – acting-out situations in groups, under the supervision and feedback of a lead coach.
  • Presentations, Videos and Video Recording – visual materials to support presentations of theory.
  • Games – learning is fun with Solid State Training Solutions! Using a variety of tools and games to emphasize the learning experience.
  • Discussions – use two-way communication between the trainer and the trainees to increase learning opportunities.
  • Questionnaires – to gather information from the participants, attributed or anonymous, free-form questions and multiple-choice.
  • Case Study Analysis – a key tool for such workshops, either individuals or groups review the materials provided to understand a key message and then present their findings to the other participants.

Organizational Impact

Today, purchasing is recognized as having an overwhelming impact on the bottom line of the organization. It has a direct impact on the two forces that drive the bottom line: sales and costs. Purchasing is becoming a core competency of the firm, finding and developing suppliers and bringing in expertise that is highly valued by the organization. Purchasing is generally responsible for spending more than 50 percent of all the revenues the firm receives as income from sales.

Personal Impact

By the end of this course, participants will be able to gain the following:

  • Understand the purchasing cycle.
  • Essential requirements for Purchasing Management.
  • Team structures and roles.
  • Learn about the different approaches to purchasing.
  • Key benefits of improved purchasing.
  • Understand the documentation process.
  • Learn how to research and investigate potential suppliers.
  • Strategies and tactics for improved buying.
  • Develop skills in writing requests for quotation, proposal, information and tender.
  • Develop effective negotiation skills.
  • Learn how to evaluate the performance of the goods and services in line with requirements.
  • Learn the top tips for effective procurement.
  • Measuring and improving purchasing performance.
  • The importance of Key Performance measures.
2024-06-29
Dubai
2024-08-28
Dubai
2024-10-24
Dubai
2024-12-28
Dubai
AED: 3,798

Materials or Purchasing Managers, Contracts and Purchasing Professionals, or any other Managers or Professionals interested in being part of an organization that has knowledge of and is implementing Purchasing Best Practices that improve the performance of not only  the purchasing operation but also increased productivity of the entire organization.