Endorsed Purchasing Management Certification Training Course
Managing a 21st-century purchasing department is a challenging endeavor. The complexities of today's global economy make the purchasing function more intricate than ever. In this course, we will explore strategies for effectively managing suppliers who may be situated thousands of kilometers away, all while achieving substantial cost savings. Additionally, we will examine the purchasing department's integral role within the broader supply chain operation. Finally, we'll discuss best practices for managing the purchasing department to ensure it meets all its Key Performance Indicators (KPIs).
PMP is a globally recognized certification that is high in demand in the project management field. It is an objective-based and people-driven framework that’s widely used around the globe. Research says that a certified project manager has the potential to earn about $81,000 a year and when compared to the non-certified candidates, PMP certified professionals earn around $9000 more annually. As per PMI's Job Growth and Talent Gap report, employers will have to hire approximately 2.3 million project management-oriented workers annually until 2030. And it is estimated that millions of them shall go unfilled. The prestigious PMP is recognized as the gold standard of project management worldwide. This PMP Certification proves the credibility of a project manager. It confirms that a candidate possesses the knowledge and skills required to successfully lead the team in an organization and increase its profitability.
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Next Cohort Starts On 6th Dec
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Mode Of Training
Aberdeen MD
Live Online Training
$ 875 $1313
Flexi Pass Enabled: Flexibility to reschedule your cohort within first 90 days of access.
Live, online classroom training by top instructors and practitioners
Application Assistance & 1 Year Support
Guaranteed Best Value in the Training Industry
Hurry, Only few seats left!
Classroom Training
$ 875 $1313
Flexi Pass Enabled: Flexibility to reschedule your cohort within first 90 days of access.
Live, online classroom training by top instructors and practitioners
Application Assistance & 1 Year Support
Guaranteed Best Value in the Training Industry
Hurry, Only few seats left!
Corporate Training
Customized to your team's needs
Flexi Pass Enabled: Flexibility to reschedule your cohort within first 90 days of access.
Live, online classroom training by top instructors and practitioners
Application Assistance & 1 Year Support
Guaranteed Best Value in the Training Industry
Course description
This course utilizes a variety of interactive learning techniques, including roundtable discussions, role-playing scenarios, case studies, and both individual and group exercises.
By the end of this course, participants will be able to:
Define the strategic role of the purchasing department and craft a purchasing mission statement.
Develop robust negotiation strategies and conduct thorough supplier evaluations.
Perform value analysis within the purchasing function.
Assess departmental performance using relevant Key Performance Indicators (KPIs).
Enhance the efficiency of the purchasing department while adhering to ethical practices in purchasing.
This course is ideal for buyers, senior buyers, purchasing supervisors, purchasing managers, and any other professionals who need a comprehensive understanding of the purchasing function.
Defining strategic purchasing operations
Conducting value analysis
Managing procurement functions
Leading successful negotiations
Evaluating and comparing suppliers
Upholding ethical standards in purchasing
Understanding the connection between the purchasing function and organizational strategy
Creating a purchasing mission statement aligned with the company's overall mission
Developing departmental objectives that balance quality, service, and price
Evaluating and negotiating with suppliers
Planning and employing effective negotiation tactics
Navigating the tendering process and selecting the right suppliers
Implementing the value analysis approach
Addressing 16 key strategic questions to reduce total costs
Managing commodity groups to maximize value
Managing and appraising departmental performance
Understanding the importance of performance appraisals
Leading and developing other buyers through continuous professional growth
Implementing management by objectives (MBO)
Identifying and selecting the most appropriate KPIs for the purchasing function
Improving departmental efficiency and evaluating service delivery to end users
Conducting effective surveys to gather feedback
Upholding ethical standards with suppliers, end users, and within the department
Establishing and enforcing purchasing policies and procedures
Training and developing staff to ensure ongoing compliance and effectiveness
USA : +1 315-666-4287
UK : +44 7700 174870
IND : +91 90361 08389
AUS : +61 480 005 455