Course Overview
Are you looking for an introduction to purchasing training course?
This basic purchasing skills distance learning 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.
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 distance learning 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
