Endorsed Purchasing Management Certification Training Course in Frankfurt am Main, Germany
Managing a 21st-century purchasing department is a challenging endeavor. The complexities of today's global economy make the purchasing function more intricate than ever. In this course, we will explore strategies for effectively managing suppliers who may be situated thousands of kilometers away, all while achieving substantial cost savings. Additionally, we will examine the purchasing department's integral role within the broader supply chain operation. Finally, we'll discuss best practices for managing the purchasing department to ensure it meets all its Key Performance Indicators (KPIs).
Training Options
About CILT Endorsed Purchasing Management and Cost Saving Techniques
Overseeing a modern purchasing department is a demanding responsibility, especially in the context of today’s global economy, where the purchasing function has become increasingly complex. In this course, we will delve into strategies for managing diverse suppliers located across the globe while securing significant cost reductions. We will also explore the purchasing department's crucial position within the overall supply chain. Lastly, we will cover effective management techniques to ensure the purchasing department consistently meets its Key Performance Indicators (KPIs).
CILT Endorsed Purchasing Management and Cost Saving Techniques Key Features
100% Satisfaction Guarantee
Mode Of Training
Frankfurt am Main
Live Online Training
€ 5225 €7838
- Get Lifetime free access to recorded classes
- Interactive sessions with certified instructors
- Access to mock tests and exam practice
- Live Training using Microsoft Teams, Get Lifetime recording access
Classroom Training
€ 6175 €9263
- Convenient and flexible scheduling
- Interactive sessions with certified instructors
- Access to mock tests and exam practice
- Engaging In Person Classroom Training Experience
Corporate Training
- We can customise the training
- Flexible pricing options
- 24x7 learner assistance and support
- We can deliver both In-Person or Live Online
- Pay after the training completion
Download Course Agenda And Company Brochure
Course Agenda
Company Brochure
This course utilizes a variety of interactive learning techniques, including roundtable discussions, role-playing scenarios, case studies, and both individual and group exercises.
By the end of this course, participants will be able to:
- Define the strategic role of the purchasing department and craft a purchasing mission statement.
- Develop robust negotiation strategies and conduct thorough supplier evaluations.
- Perform value analysis within the purchasing function.
- Assess departmental performance using relevant Key Performance Indicators (KPIs).
- Enhance the efficiency of the purchasing department while adhering to ethical practices in purchasing.
This course is ideal for buyers, senior buyers, purchasing supervisors, purchasing managers, and any other professionals who need a comprehensive understanding of the purchasing function.
- Defining strategic purchasing operations
- Conducting value analysis
- Managing procurement functions
- Leading successful negotiations
- Evaluating and comparing suppliers
- Upholding ethical standards in purchasing
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Participant Reviews
Your career is our goal. We care for your professional empowerment. Don’t take it from us. Find out what our participants say about our service!
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Shawn Roberts 5
Jun 5th, 24
Information Technology and Services Professional
I attended Sprintzeal's AWS Solution Architect course the past two weekends. The live remote classes were very interactive and involved lots of labs and hands-on work to enhance learning. The instructor, Raj, is EXTREMELY knowledgeable about AWS and is a great teacher. I will come back for future training needs. Thanks, Shawn
Craig Boggs 5
Apr 9th, 24
F-35 Senior Logistics/Sustainment Manager
This course fulfilled all the needs to prepare me for taking the PMP Exam. The professor extremely had the experience in teaching the course and felt he answered all of our questions.
Patrick Kinney 4
Feb 9th, 25
Experienced Senior Project/Program Manager actively seeking new opportunities
Kevin Davis did a great job delivering the PMP Exam prep class.
Linda Parrish 5
Apr 18th, 24
Energy Contracts Administrator
Awesome CBAP Test Prep Course with Excellent Customer Service. In March 2019, select staff from two of our departments partnered up to undertake the CBAP Test Prep course offered by Sprintzeal. I learned the BABOK was difficult to comprehend until our trainer, Delilah Allison, explained the book's layout and the meaning behind each section. Her teachings enable me to grasp the Business Analysis concept (even though most of my tasks were in a project management world). Our Account Manager, Alex Wood, provided excellent customer service going above the call of duty to ensure our satisfaction. We did encounter some hiccups along the way which were either resolved or addressed in an expedited manner. Also, the price per person was reasonable compared to what was offered and what other companies offered. My overall experience with Sprintzeal is a positive one. I would definitely recommend the class. Source - Trustpilot
Yasser Zubaidi 4
Sep 11th, 24
INTERNATIONAL BUSINESS DEVELOPMENT STRATEGIST & ARCHITECT
Mohmmad Erfan gave the course in a very professional way he simplified the subject and made it easy to grasp I definitely recommend Sprintzeal for PMP exam prepration.
Edward Lee 5
Mar 21st, 25
Senior Manager
Lean Six Sigma Black Belt
Informative and practical approach of training session. Emphasizing more on the relevant tools that can be use depending on the project that you are working on.
Stephen Abioye 5
Sep 14th, 24
WA/EPEA Approvals Team Lead at Alberta Environment and Parks, Government of Alberta
The Admin works from registration to training was very helpful.
Alpesh Patel 5
Mar 9th, 24
Technical Consultant
This class for AWS Solutions Architect is a good course for those who are seeking for next phase in cloud architecture. Paul our instructor is very good and classy. His patience and experience in teaching shows
Karen Mummaw 5
Jun 19th, 24
Chief Operating Officer at The Prospective Group
It was an excellent Bootcamp that provided a solid foundation/framework for PMP. I was hesitant to take a virtual course, but the limited size of the class and the excellent instruction made me a believer in virtual classes.
Jonah Carroll 4
Dec 17th, 24
IT Support Tier 1
The trainer did well covering a wide range of topics in 4 days, although I would have liked some more real-life representations of what was being shown.Perhaps VMs, or examples of how viruses work in a real-to-life environment.Aside from that, I thought the course was very informative and helped build a framework for an understanding of Security+. We were also provided 12 hours of CompTIA labs that I think will be a HUGE help.
- Understanding the connection between the purchasing function and organizational strategy
- Creating a purchasing mission statement aligned with the company's overall mission
- Developing departmental objectives that balance quality, service, and price
- Evaluating and negotiating with suppliers
- Planning and employing effective negotiation tactics
- Navigating the tendering process and selecting the right suppliers
- Implementing the value analysis approach
- Addressing 16 key strategic questions to reduce total costs
- Managing commodity groups to maximize value
- Managing and appraising departmental performance
- Understanding the importance of performance appraisals
- Leading and developing other buyers through continuous professional growth
- Implementing management by objectives (MBO)
- Identifying and selecting the most appropriate KPIs for the purchasing function
- Improving departmental efficiency and evaluating service delivery to end users
- Conducting effective surveys to gather feedback
- Upholding ethical standards with suppliers, end users, and within the department
- Establishing and enforcing purchasing policies and procedures
- Training and developing staff to ensure ongoing compliance and effectiveness
Frequently Asked Questions
Corporate Training Solution
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