Effective Purchasing, Tendering & Supplier Selection

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    Wednesday, 27 September 2017
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Objectives


These activities include traditional purchasing function, along with additional activities that are important in the relationship with suppliers, distributors, and customers. Internally, supply chain managers work with Purchasing and other departments.  Externally, supply chain managers concentrate on building a high performing supply base that focuses on maximizing value to the ultimate customer while maintaining speed, flexibility, efficiency, and responsiveness in their own operations. Perhaps the most important aspect of supply chain purchasing is the focus of understanding and incorporating the needs of your customers into the operations of your organization.

Purchasing management professionals must develop and maintain the tools necessary to manage the supply chain and to maximize the performance of their organizations. They must understand and integrate such key skills as lean and agile manufacturing, supplier and customer relationships, Supplier selection, e-commerce and information technology, and decision support systems. In addition, the use of communication and collaboration, negotiation, and team building are also skills that enhance the effectiveness of the purchasing function.

  • Align Purchasing strategies with your business needs
  • Design purchasing organization and purchasing systems
  • Integrate Purchasing concepts into your own organization
  • Identify and use different purchasing methods and tools
  • Build a cross-functional supply chain management team
  • Incorporate and communicate supplier
  • Evaluate and assess your suppliers
  • Select the right suppliers
  • Set supplier expectations and measure performance
  • Identify and use Purchasing negotiation techniques with suppliers and customers
  • Understand the use of partnerships and alliances with suppliers
  • Measure and improve supplier performance
  • Determine what future trends will impact your supplier selection strategies
  • Use e-procurement
  • Handle expediting, price, cost and value.

 

 Outline:

 

Module One:

Understanding the Purchasing Function

  • Overview of Purchasing management
  • Overview of Materials management
  • Defining and mapping the optimal Purchasing function
  • The role of purchasing in organizations
  • Integrating Purchasing with functional operations

  Business Issues

  • Gaining competitive advantage through effective and efficient Purchasing
  • Aligning supply chain and Purchasing business strategies
  • Identifying organizational barriers
  • Teaming and collaboration

 

Module Two:   

                                                                           

Managing the Supply Base

  • Strategic souring
  • Supplier evaluation and qualification
  • Partnerships and alliances
  • Tendering
  • Negotiation in a SCM framework
  • Managing supplier performance and expectations

 

Module Three:

 Logistics

  • Transportation and distribution in the supply chain
  • Planning supply, demand, and inventory
  • Purchasing and Inventory
  • JIT Purchasing

Module Four

  • Basics of E-procurement

 Measuring Purchasing and Supply Chain Performance

  • Designing a performance measurement system
  • Financial implications of supply chain strategies
  • Identifying and managing cost issues – Price, Cost and Value
  • Benchmarking

Module Five :

  • Emerging Trends in Purchasing and Supplier Management
  • Action Plan: Cases and Exercises

Certificates

A Certificate of Completion will be issued to those who attend & successfully complete the programme.

Schedule

  08:30 – 10:15 First Session

 10:15 – 10:30 Coffee Break

10:30 – 12:15 Second Session

 12:15 – 12:30 Coffee Break

12:30 – 14:00 Third Session

 14:00 – 15:00 Lunch

 Fees

 The Fee for the seminar, including instruction materials, documentation, lunch, coffee/tea breaks & snack is: