This training program covers the skills required to lead procurement and inventory teams to world class performance by running organisations leaner, effectively and efficiently. The pressure to reduce costs, while maintaining customer service levels is essential in both procurement and inventory man
This training program covers the skills required to lead procurement and inventory teams to world class performance by running organisations leaner, effectively and efficiently. The pressure to reduce costs, while maintaining customer service levels is essential in both procurement and inventory management.
Adopting sound procurement and inventory management principles will lead to better return on investment, improved quality, lower costs, and reduced working capital.
In an environment characterised by many unknowns, procurement professionals must assist general management by providing purchasing expertise for strategic decisions as it plays an important role in the profitability and success of the business.
The Objective of this program is to highlight to procurement/ purchasing personnel the various methods and techniques to achieve savings. Participants will be exposed to the basic principles of purchasing, sourcing and evaluation of vendors, quality control and negotiate better to achieve cost savings. Understanding the impact of Inventories on purchasing decisions.
Methodology
By the end of this course you will be able to:
Who should attend
Module 1: Overview of procurement function
Module 2: Concept of economic order quantity (Eoq)
Module 3: Negotiation for results
Module 4: Supplier selection and evaluation
Module 5: Procurement policies, procedures & ethics
Module 6: Materials & inventory management
Module 7: Procurement cost management
Module 8: Operations & inventory excellence/ recent trends
Module 9: Course summary – developing your action Pla
At PM Resources, we know the importance of seeing the big picture but alongside the big picture, we also develop an understanding specific to your needs - to put practical insights to work for you and your organisation in the most relevant way. We are committed to long-term relationships with you.
We believe it is the only way to understand your needs, deliver trusted advice and create lasting value. So we work with you to build your business for the future.
From strategies to daily operations support - by anticipating your changing needs, we deliver the solutions that help you make your business more efficient and productive. Customised advice from a practical perspective, working in partnership with organisations.
Mission:
With this mission, PM Resources believes in the ability to work together with you toward a common vision
PM Resources is the fuel that allows you to attain uncommon results.
To direct individual accomplishment towards organisational objectives, assisting you in moving from your business challenges and goals to capturing maximum value in your business solutions.
2-Day Procurement & Purchasing Management Training in Malaysia: Strategic Procurement Masterclass. HRDF claimable. Send us your inquiry for available public and in-house training programs.
Effective procurement cost reduction & negotiation skills are offered by naga chain management sdn bhd. Naga chain management sdn bhd is a recognized training and consulting firm providing various segment of a business entity.
Sustainable procurement takes a wider view and incorporates the net benefits for both the buyer organisation and the wider world. It considers the impact of environmental, economic and social factors along with price and quality.
Training will be based on classroom lectures, case discussion and exercises. Participants will be presented with practical simulations that they will be asked to prepare at home before class, to play with their classmates, in pairs or in teams, and finally to debrief with the entire group.
Our purchasing seminars help you to achieve superior results through negotiation skills development that will aid you in conducting win-win vendor negotiations. The following courses combine the best tips for purchasing and training to help you make wise choices every step of the way.
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