Introduction to Purchasing Training Course

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Course Overview

Are you looking for an introduction to purchasing training course for your staff?

This one day basic purchasing skills training course is ideally suited to people new to purchasing who are looking for a course to explain in lay-mans language the various techniques used in a professional purchasing environment. By the innovative use of both classroom sessions and interactive role play, delegates are taught how to add value to a business by intelligent purchasing.

A fun, action packed introduction to purchasing skills training course designed to build personal confidence. Suitable for buyers of commodities, components, capital equipment and services.

What you will learn

At the conclusion of the introduction to purchasing course each delegate will have an appreciation of:-

The difference between Cost and Price
Hidden Costs
The Buying Process
How to source components
Material Requirement Planning (MRP)
Basic stock replenishment systems
How to draft a supply agreement
How to measure vendor performance
Negotiation Skills

Course Content

The Introduction to Purchasing training course covers the following topics:-

Introduction to Purchasing
Total Cost of Acquisition (Cost vs. Price)
Benchmarking
Bills of Material & ABC Analysis
Value Analysis
Material Requirements Planning (mrp)
Stock Replenishment Tools - Kanban
Purchase Price Variance (PPV)
Vendor Selection Strategy
Competitive Tendering
Partnership Sourcing
How to Purchase Capital Equipment?
Cost Reduction Programmes
Making the internet work for you
TQRDC & Vendor Rating
Hidden Costs
Negotiation Skills
Summary & course review

Elements of the introduction to purchasing course content require the delegates to participate in interactive role play.

Courses are limited to a maximum of twelve delegates. Course costs cover the training session, a comprehensive set of course notes, lunch and refreshments.

This is a non-residential training course. This course can be delivered in-house if required. For further information contact Aster Training on 01296 720281 for a Free Consultation to discuss your training requirements.

Cost is exclusive of VAT which is chargeable at the current rate. Prices are correct at the time of publishing, but may be varied in line with market conditions from time to time.