OBJECTIVE

• To understand the cost savings in purchasing
• To know the importance of purchasing in supply chain management
• Anslysis of selecting the right supplier

SEMINAR OUTLINE

1. Purchasing and Supply Chain

• What is purchasing
• What is supply chain management
• Integration for profitability

2. Strategic Purchasing

• Purchasing and change
• Purchasing in the future
• World class purchasing
• Purchasing and supply chain

3. Purchasing and Supply Chain

• Supply organisation structure
• Purchasing organisational structure
• Inefficiencies of traditional procedures

4. Sourcing and Supplier

• Sourcing information
• Analysis of market conditions
• Early buyer and supplier involvement
• The Ten Cs of effective supplier evaluation
• Make or buy strategies and tactics
• Forming successful partnership

5. Global Sourcing

• Reasons for sourcing internationally
• Negotiation and relationships
• Application of costing techniques
• Culture and negotiation
• Key elements in successful sourcing abroad

6. ABC Analysis

• Purpose
• Analysis
• Application

7. Inventory Accuracy & Recording

• Importance of Inventory Accuracy
• Period Stock take
• Cycle Counting Systems
• Bar coding & Radio Frequency