BPL-102 Advanced Purchasing Strategies and Planning Skills
Overview
Course Objectives
Course Content
For Whom
Schedule and Hours
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The "Advanced Purchasing Strategies and Planning Skills" course is a two-day intensive program designed to equip participants with advanced knowledge and skills in purchasing strategies and planning. The course covers strategic procurement, supply chain optimization, risk management, and advanced planning techniques to enhance purchasing efficiency and effectiveness.
The Advanced Purchasing Strategies and Planning Skills course is designed to enhance the knowledge and capabilities of procurement professionals who are involved in strategic sourcing and purchasing activities. It focuses on developing a deeper understanding of purchasing functions beyond routine operations and emphasizes the importance of aligning procurement with organizational goals.
Participants will learn key concepts such as supplier evaluation and selection, cost analysis, risk management, and long-term sourcing strategies. The course also covers planning techniques that support effective purchasing decisions, including demand forecasting, inventory planning, and market analysis.
This program is suitable for individuals who already have a basic understanding of procurement and are looking to advance their skills. It aims to provide practical tools and approaches that can be applied to improve purchasing efficiency, reduce costs, and support overall business performance.
The primary objective of this course is to provide participants with a comprehensive understanding of advanced purchasing strategies and planning skills. By the end of the course, participants should be able to:
Understand the principles and benefits of strategic procurement.
Develop and implement advanced purchasing strategies.
Optimize supply chain operations to enhance purchasing efficiency.
Manage risks associated with purchasing and supply chain activities.
Utilize advanced planning techniques to improve purchasing outcomes
Section 9: Addressing Challenges in Purchasing and Supply Chain
Section 10: Performance Measurement and Continuous Improvement
Section 11: Leveraging Technology in Purchasing
Section 12: Sustainable and Ethical Procurement
This course is designed for experienced supply chain purchasing personnel and others who deal with sourcing, purchasing, logistics, operations, and/or the management of vendor and supplier relationships.
This is a 2-days programme. This course runs from 9:00am – 5:00pm with an hour for lunch and periodic short breaks.
This is an intensive session designed to include as much discussion as possible. Lunch and breaks provide an opportunity for further questioning and discussion with the instructors.
We are HRD Corp (Human Resource Development Corporation) Registered Training Provider. All of our training modules are claimable under HRD Corp.