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Effective Purchasing and Cost Saving Techniques
NGN 205,000
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Venue: 13, John Olugbo Street, Off Toyin Street, Ikeja - Lagos.
Other Dates
Venue | Date | Fee | |
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13, John Olugbo Street, Off Toyin Street, Ikeja - Lagos , Lagos State, Nigeria | 08 - 10 Oct, 2025 | NGN205000 |
Managing the purchasing department of the 21st Century is not an easy task at all. Today’s global economy makes the purchasing function more and more complicated. In this workshop, we will explore how to manage the various suppliers that are located thousands and thousands of kilometers from your plant while achieving real cost savings instead of funny money. Furthermore, we will discover how the purchasing department fits in the total function of the supply chain operations. Lastly, we will cover how the purchasing department should be managed properly to achieve all its KPIs.
By the end of the workshop, participants will be able to:
- Define the strategic role and improving the efficiency of the purchasing department
- Develop effective negotiation strategies with all suppliers
Content
The Strategic Function of Purchasing
- Creating a Purchasing Mission Statement
- Writing the Department Objectives
- Balancing Quality, Service and Price
- Things Purchasing should strive for
Supplier Evaluation and Negotiation
- Negotiating with Suppliers
- Achieving the Right Agreements with Suppliers
- Factors used to evaluate Suppliers on Total
Performance
- Ways of Promoting good Supplier Relations
- Creating Suppliers as good Partners
Managing and Evaluating the Department Performance
- Centralization versus Decentralization
- Reasons for Departmental Performance Appraisal
- Managing other Buyers
- Key Performance Indicators (KPIs) for Purchasing
Value Analysis
- Strategic Questions to Ask
- Optimizing Purchasing Productivity
- Adding Value as a Purchasing Manager
- From Pushing Papers to Strategic Thinking
Improving Purchasing Efficiency
- Evaluating Service to End Users
- Conducting the Right Surveys
- Purchasing Policies and Procedures
- Training the Staff
For Whom:
Senior Buyers, Purchasing Supervisors, Purchasing Managers, Stores Managers, and other Managers who need to understand Purchasing Management
13, John Olugbo Street, Off Toyin Street, Ikeja - Lagos. | Apr 09 - 11 Apr, 2025 |
13, John Olugbo Street, Off Toyin Street, Ikeja - Lagos , Lagos State, Nigeria | 08 - 10 Oct, 2025 |
NGN 205,000.00 | (The workshop fee will cover Bag, Flash Drive, Workshop Materials, Jotter, Pen, Lunch, Tea/Coffee Breaks, Photograph, and Certificate.) |
Tade 08034684305