Purchasing Management
About the Training/Workshop
Overview
A firm which utilizes materials and supplies must effectively manage the purchasing function. Purchasing management considers a lot of factors, such as inventory, inventory costs, availability of supply and quality of suppliers. In order to have outstanding purchasing operations, excellent vendor relations, systematic demand, forecasting, and ordering system must be present.
Objectives
- To enable the participants to better understand the different methods and strategies in purchasing and adopt strict purchasing policies.
- To enable the participants to appreciate the importance of good vendor relations in purchasing and adopt a quality supplier program for a more efficient purchasing system.
- To enable the participants to learn and adopt in their respective organizations the different methods of demand forecasting and ordering.
Who Should Participate
- Purchasing managers and personnel
- Business owners
- Logistics managers and personnel
Key Topics
Module 1 – Nature of Purchasing Management
- Creating the Organization’s Purchasing Policies
- Implementing the Ordering System
- Factors to Consider in Purchasing-Vendor Relations
- Quality Supplier Program
a. Proper Selection of Suppliers
b. Evaluating Supplier Performance
Module 2 – Purchasing Methods and Strategies
- Purchasing Methods / Techniques
- Purchasing Strategies
Module 3 – Demand Forecasting and Reorder Point
- Demand Forecast and Lead Time Information
- Forecasting Approaches
a. Qualitative Approaches
b. Quantitative Approaches
- Reorder Point (ROP)
- How Much to Order – Minimum and Maximum
Module 4 – Managing Inventory with Dependent Demand, by knowing the:
- Master Production Schedule
- Specifications of the Bill of Materials
- Outstanding Purchase Order
----------------------------------------------------------------------------
Click here to -> CHECK SCHEDULE
TIME: 9:00 AM to 4:00 PM
VENUE: Unit 2 2/F Intellect Bldg. MacArthur Highway, Brgy. San Sebastian, Tarlac City, Tarlac
----------------------------------------------------------------------------
Click here to -> DOWNLOAD MANUAL REGISTRATION
OR
Click here to -> REGISTER ONLINE
----------------------------------------------------------------------------
Contact Details:
Contact Numbers: (045) 923.1751 or text/call 0920.959.4020 or 0949.993.9043
For inquiries, you may also leave a message in our CONTACT FORM.