Supply chain is a world business and care is taken over every detail from transport to negotiation in purchase prices. Challenges are continual and so are solutions, that is our exciting future in Purchasing skills.

Course Objective:

Mastering Purchasing Fundamentals goes through the procurement process step-by-step. You won’t need years of experience that are usually required to learn how to deal with the challenges of logistics. You’ll get more than just an introduction to procurement – you will become an expert at flawlessly executing and managing purchases. Supply chain is becoming pivotal in our daily life, from what we expect as a consumer to be on the shelf, to worldwide networks of bringing stock from all over the world to central distribution hubs, or depots and onward to the shelf where you as a consumer expect it to be. Supply chain is a world business and care is taken over every detail from transport to negotiation in purchase prices. Challenges are continual and so are solutions, that is our exciting future in Purchasing skills.

Course Description:

You will learn how to make the many decisions necessary to identify the best potential suppliers, plus…

Purchasing Skills – Final Exam

  • How to most effectively prioritize requisitions
  • How to decide when to use competitive bidding, negotiation, or both.
  • How to successfully conduct competitive bidding using solicitation tools such as RFP’s and RFQ’s
  • How to use financial and operational analysis to select suppliers with not only the best monetary offer, but also the least risk of failure.
  • How to determine whether a contract, purchase order, or other method of ordering is best for a certain procurement.
  • How to use follow up techniques to ensure supplier compliance.
  • How to ‘close’ a transaction with confidence.
  • How to think, and behave like a procurement manager.