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How to Maximise Effective Purchasing

CP Training Consortium

Summary

Price
£990 inc VAT
Study method
Classroom
Duration
2 days · Full-time
Qualification
No formal qualification

Location & dates

Location

Address
RM14 1AL
United Kingdom
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Overview

10 Tips for making your purchasing contribute really effectively to the bottom line.

2-days

Description

Ensure your purchasing effort produces best value whilst satisfying your organisation’s specific needs.

This 2-day intensive high level course re-examines well-tested and proven approaches to purchasing. It includes 10 tips on how to use these strategies and tactics to your best advantage

By the end of this course participants will be able to:

  • Get a better deal for the organisation
  • Reduce the company’s longer term operating costs
  • Improve on-time delivery of ordered goods
  • Safeguard the organisation’s reputation
  • Reduce costs of the purchasing processes

Topics will include:

  • Purchasing in context of company’s business
  • Total procurement process – the snake
  • Cost of purchasing / acquisition
  • Targeted purchasing – horses for courses
  • End-user specifications of what is required
  • Commercial specifications forming part of the RFQ
  • Finding the right suppliers
  • Bid evaluation – finding the ‘best’ offer (not the cheapest one)
  • Automating the purchasing process
  • Planning purchasing to avoid late delivery.

Who is this course for?

This training workshop is designed for:

  • experienced staff in Purchasing, Supply & Materials Management roles as a refresher course or reminder of how their roles fit in to the Purchasing process
  • less experienced or new staff in Purchasing, Supply & Materials Management roles
  • other staff who would benefit from a broad understanding of the Purchasing process (eg Finance staff, Internal Auditors, Sales Managers etc)
  • Specifiers, requisitioners and other end-users of the purchased goods

Questions and answers

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Legal information

This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.

FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.
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