Managing Your Supplier Base

This course is for those who want to understand and implement the essential tools of Purchasing and Procurement by understanding the crucial role of suppliers and maintaining strong relationships with them. Participants will learn how to evaluate procedures and make needed changes to methods to improve supplier relationships whilst achieving significant reductions in inventories, eliminate wasteful costs; and obtain added value for money.

Course Objectives

To manage your supplier base, relationships and consolidate supplier base.

Who Should Attend?

This course is intended for buyers of all types of materials, equipment and services who seek to strengthen their personal abilities as well as performance of their purchasing department.

Course Outline

Performance Purchasing

• Course Objectives
• Introduction to Purchasing and its contribution to the organization
• Key Concepts
• Purchasing Organizations
• The Procurement Cycle
• Purchasing Systems

Supplier Selection

• Specifications
• Working with End-users
• Supplier Evaluation Criteria
• Appropriate Supplier Methodologies
• Total Cost Approach

Purchasing Performance

• Supplier Measurement
• Vendor Rating
• Action Planning
• Course Review and Evaluation

Course Methodology

A variety of methodologies will be used during the course that includes:

• (30%) Based on Case Studies
• (30%) Techniques
• (30%) Role Play
• (10%) Concepts
• Pre-test and Post-test
• Variety of Learning Methods
• Lectures
• Case Studies and Self Questionaires
• Group Work
• Discussion
• Presentation

Course Fees

This rate includes participant’s manual, Hand-Outs, buffet lunch, coffee/tea on arrival, morning & afternoon of each day.

Course Timings

Daily Course Timings
08:00 - 08:20 Morning Coffee / Tea
08:20 - 10:00 First Session
10:00 - 10:20 Coffee / Tea / Snacks
10:20 - 12:20 Second Session
12:20 - 13:30 Lunch Break & Prayer Break
13:30 - 15:00 Last Session