Purchasing management and cost reduction methods

Bag code: BUSBM84420024 Days: 4 days "Today’s training: 5 hours" Time: 20 training hours Targeted participants: both financial managers, buyers, and suppliers About the program: This program revolves around procurement management and cost reduction methods (definition – types – characteristics – objectives – advantages – disadvantages, etc.) and will be presented through the following units: First training unit: Introduction to procurement management Second training unit: Negotiation techniques and contract management Third training unit: Cost reduction and efficiency improvement Fourth training unit: Continuous development and modern trends in procurement management Program objectives: To enable the trainee to understand the goals and functions of procurement management. To understand cost reduction techniques without affecting quality. To discuss modern trends in procurement management. Program topics: First unit: (Introduction to procurement management) Definition of procurement management and its importance in the organization. Goals and functions of procurement management. Procurement strategies. Second unit: (Negotiation techniques and contract management) Effective negotiation techniques. Preparation and management of contracts. Third unit: (Cost reduction and efficiency improvement) Cost reduction techniques without affecting quality. Inventory management techniques to reduce costs. Fourth unit: (Continuous development and modern trends in procurement management) Innovation and continuous improvement in procurement. Modern trends in procurement management. Contents of the bag: PowerPoint 117 Trainer’s guide 114 Trainee’s guide 101 Activities 8 Introductory guide 4 References 4 Evaluation and data forms 6 Pre- and post-assessment 6 Videos 8 Images 15 Mind maps 1 Brochure 1 Bag contents: 12 Training bag model Please click here to view the training bag model