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EncartaLabs

Purchasing and Supply Chain Management

( Duration: 10 Days )

The Purchasing and Supply Chain Management training course will introduce the fundamental aspects of the supply chain environment, including enterprise resource planning systems and requirement systems. The interrelationships between purchasing, vendor selection, sources of supply, and technology will also be explored in this program. The focus is on management and the skills and resources that a successful manager needs.

By attending Purchasing and Supply Chain Management workshop, delegates will:

  • Be familiar with the basics of purchasing and the purchasing environment in the private sector
  • Have an understanding of the various approaches, tools, and strategies used in negotiations
  • Learn the basics of entrepreneurship
  • Understand the basics of marketing management and the strategies involved in developing a marketing plan
  • Become aware of the basic subjects in the field of price and cost analysis from a purchasing and production perspective

COURSE AGENDA

1

Essentials of Purchasing

  • Introduction and Overview
  • Interdependencies of Purchasing
  • Purchasing and Financial Statements
  • Purchasing Administration
  • Global Sourcing
  • Regulatory Agencies
  • Good Faith and Conclusion
2

The Supply Chain Process

  • Acquisition of Goods and Services
  • Quantity and Demand
  • Planning Process
  • Material Planning Tools
  • Flow of Materials
3

Management Essentials

  • Introduction and Components of a Successful Manager
  • Organizational Culture and Change
  • Power and Perceptions
  • Leadership and Risk
  • Strategies, Decision Making, Empowerment, and Accountability
  • Customer Relationship Management and Quality
  • Human Resource Management
  • Financial Accountability
4

Budgeting Essentials

  • The Concept of Budgeting
  • Activity-based Budgeting
  • Factors to Consider in Budgeting
  • Production Planning
  • Inventory
  • Sample Budget and Summary
5

The Procurement Process

  • Elements of Supplier Selection
  • Supplier Evaluation
  • The Bidding Process
  • Summary of the Procurement Process
6

Supplier Contracting

  • General Contract Principles
  • General Contract Principles Continued
  • Contract Drafting
  • Contract Drafting Continued
  • Types of Purchasing Contracts
  • Agency and Summary
7

Persuasive Communication

  • Fundamentals of Communication
  • Knowing the Audience
  • The Power of Listening
  • Credibility of the Speaker
  • Evidence in Persuasion
  • Emotion in Persuasion
  • Organizing the Argument
8

Negotiating Strategies

  • Steps in Negotiating
  • Tools in Negotiating
  • Types of Negotiations
  • Personality Types
  • Preparing for Negotiations
  • BATNA and Summary
9

Price and Cost Analysis

  • Introduction
  • Pricing Evaluation
  • Use of Data
  • Strategic Cost Analysis
  • Timing and Outsourcing
  • Summary
10

Legal Aspects of Contracts

  • Introduction and Overview
  • What is a Contract?
  • Elements of a Contract
  • Duties and Obligations
  • What is the Deal?
  • Legal Representation
  • Good Faith and Conclusion

Encarta Labs Advantage

  • One Stop Corporate Training Solution Providers for over 6,000 various courses on a variety of subjects
  • All courses are delivered by Industry Veterans
  • Get jumpstarted from newbie to production ready in a matter of few days
  • Trained more than 50,000 Corporate executives across the Globe
  • All our trainings are conducted in workshop mode with more focus on hands-on sessions

View our other course offerings by visiting https://www.encartalabs.com/course-catalogue-all.php

Contact us for delivering this course as a public/open-house workshop/online training for a group of 10+ candidates.

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