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Who should attend Leading Edge Concepts In Supply Management
This one-day seminar is designed for purchasing managers, supply managers, material managers, senior buyers, project managers, contract administrators, IT managers, controllers, accountants and attorneys.
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Leading Edge Concepts In Supply Management  

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This one-day seminar is designed for purchasing managers, supply managers, material managers, senior buyers, project managers, contract administrators, IT managers, controllers, accountants and attorneys.

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Seminar Summary:

This seminar is designed to provide attendees with information on how to improve their company's methods of purchasing. (see full course description)

 
 

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Training Course Syllabus:


This seminar is designed to provide attendees with information on how to improve their company's methods of purchasing. You will learn how to make more cost effective purchasing decisions and improve relations with customers and vendors.

Seminar highlights:

  • Developing supply management strategies
  • Qualifying and selecting the best suppliers
  • Ethics in supply management
  • Cost reduction strategies
  • Purchasing and inventory strategic management

Learning objectives:

  • The attendee will be able to discuss how to develop supply management strategies.
  • The attendee will be able to identify supplier contracts that work.
  • The attendee will be able to review cost reduction strategies.

8:30 a.m. - 9:30 a.m.

I. Developing Supply Management Strategies

A. Understanding Strategy Development

B. Forming Strategies For Commodities Or Product Families

C. Forming Strategies For Managing Individual Suppliers

9:30 a.m. - 10:30 a.m.

II. Qualifying And Selecting The Best Suppliers

A. Supplier Performance Evaluation

B. Buyer Performance Evaluation

C. Supplier Visits

10:30 a.m. - 10:40 a.m.

Break

10:40 a.m. - 11:10 a.m.

III. Ethics In Supply Management

A. Influence And Persuasion

B. Ethical Issues In Purchasing

C. Ethical Issues In Management

11:10 a.m. - 12:10 p.m.

IV. Developing Supplier Contracts That Work

A. Contracting Strategies

B. Types Of Contracts

C. Contract Pricing Options

12:10 p.m. - 1:10 p.m.

Lunch (On Your Own)

1:10 p.m. - 1:40 p.m.

IV. Developing Supplier Contracts That Work (Continued)

1:40 p.m. - 3:20 p.m. (Break 2:30 p.m. - 2:40 p.m.)

V. Cost Reduction Strategies

A. Price Analysis

B. Cost Analysis

C. Reducing Total Costs Of Ownership

3:20 p.m. - 5:00 p.m.

VI. Purchasing And Inventory Strategic Management

A. Inventory Carrying Costs

B. How Much To Buy At A Time – And Why

C. Setting Minimums And Maximums – The Right Way

VII. Conclusions

Seminar Summary:

This seminar is designed to provide attendees with information on how to improve their company's methods of purchasing. (see full course description)

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