Effective Purchase Management (Islamabad)

August 08 – 09, 2024

Venue: PIM, Islamabad.

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COURSE DESCRIPTION

Purchasing is a managerial process that goes far beyond simply buying materials. It includes effective planning and policy procedures that cover a wide range of related activities. In a typical manufacturing organization on an average 55% of all revenue goes to suppliers of goods and services. An organization’s profit is thus, to a large extent, determined by how effectively it procures and manages procurement process. This training is designed to present the fundamental as well as advanced emerging concepts that represent today the most professional approach to organizational purchasing process.

LEARNING OUTCOMES

After the workshop, you will be able to:

• To know the fundamental concepts of professional purchasing
• To learn emerging procurement tools and techniques used by the most professional organizations worldwide

COURSE CONTENTS

1. Importance of Purchasing
2. Purchasing Objectives
3. Purchasing Cycle
4. Sourcing & Supplier Selection
5. Purchasing Cost Analysis
6. Equipment Purchase
7. Buying Services
8. Tendering Process
9. E-Procurement
10. Developing Purchasing Strategy
11. Strategic Sourcing & Supplier Relationship Management
12. Supplier Performance Analysis
13. Supplier Certifications
14. Green Purchasing

TARGET AUDIENCE

• Procurement professionals
• Supply chain management professionals
• Anyone in an organization dealing with suppliers