Feb 21 2024

Fundamentals of Purchasing Skills for New Buyers and Purchasers

21 Feb 2024 09:00AM to 22 Feb 2024 06:00PM

Registration Date

 :

06 Feb 2024 12:00AM to 20 Feb 2024 06:00PM

SMF Member Fee

 :

$560.00

GS1 Member Fee

 :

$560.00

Non-Member Fee

 :

$620.00

Event Details

Event Type

 :

Trainings

Industry Group

 :

All

Contact Person

 :

Jack Lim

Synopsis

1. The Six “Rights” in Purchasing
   -Purchasing Objectives, Six “Rights” in purchasing
2. The Role of the Purchasing in Today’s Organization
   -Functional Purchasing, Cross Functional Purchasing, etc.
3. Purchasing Administration and Control
   -Purchasing Cycle, Procurement Cycle, etc.
4. The Concept of Supplier Development
   -Supplier Development, CSR, etc
5. The Concept of Supplier Performance Measurement
   -Supplier Performance Measurement, etc.
6. The Supplier Evaluation and Certification
   -Supplier Evaluation, Supplier Relationship, etc.
7. Approach to Purchase Control
   -Qualitative assessment, Buying efficiency, etc.
8. Purchasing Negotiation
   -Why, what and when to negotiate? Basic negotiation strategy in Purchasing, etc
9. Price and Cost Analysis in Purchasing
   -What is Price Analysis and Cost Analysis, Factors in price analysis, etc.

Objective

At the end of the training programme, the learner will be able to:

1.Understand the principles of the Six “Rights”, role of the purchasing, supplier development, purchase control, techniques and tactics in purchasing negotiation.
2.Examine purchasing administration and Control, design supplier performance measurements.
3.Develop supplier evaluation and certification, evaluate price and cost analysis.

Administrative Details

Please click the link to register: https://www.smfccl.sg/programmes/fundamentals-of-purchasing-skills-for-new-buyers-and-purchasers/

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