Purchasing and Materials Management Training

Start Date End Date Venue Fees (US $)
16 Nov 2025 Riyadh, KSA $ 3,900 Register

Purchasing and Materials Management Training

Introduction

If you are new to purchasing, are you ready for the many challenges you'll face in the months ahead? You can be with the online class "Mastering Purchasing and Material Management Fundamentals" which walks you through the purchasing process step-by-step. You'll be ready for these challenges and so much more. And you won't need the years of experience usually required to learn how to deal with these challenges. You'll get more than just an introduction to purchasing - you will become an expert at flawlessly executing and managing purchases

Objectives

    You will learn:          

    • How to conduct a 9-step purchasing process
    • How to most effectively prioritize requisitions
    • How to identify the best potential suppliers
    • The different ways you can categorize suppliers, such as sole source, single source, preferred and approved
    • How to decide when to use competitive bidding, negotiation, or both
    • How to successfully conduct competitive bidding using solicitation tools such as RFP's and RFQ's
    • How to use price analysis, cost analysis, and total cost of ownership (TCO) analysis to evaluate supplier pricing and offers
    • The evidence that will help you select a supplier with the lowest risk of failure
    • How to determine whether a contract, purchase order, or other methods of ordering is best for a certain purchase
    • How to select the most appropriate shipping terms for a purchase
    • Legal issues impacting the terms and conditions that govern supplier obligations
    • How to use follow up techniques to ensure supplier compliance
    • How to think like a purchasing manager
    • How to prepare for the future of purchasing

Training Methodology

This is an interactive course. There will be open question and answer sessions, regular group exercises and activities, videos, case studies, and presentations on best practices. Participants will have the opportunity to share with the facilitator and other participants on what works well and not so well for them, as well as work on issues from their own organizations. The online course is conducted online using MS-Teams/ClickMeeting.

Who Should Attend?

The course is designed for managers, Procurement managers, and staff, buyers, and staff with responsibility for buying who may in future buy electronically or do so currently. It assumes only basic IT and procurement skills.

Course Outline

  • Efficient materials planning
  • Buying or Purchasing
  • Procuring and receiving
  • Storing and inventory control
  • Supply and distribution of materials
  • Quality assurance4 / Materials and Financial Management
  • Good supplier and customer relationship
  • Improved departmental efficiency
  • Efficient production scheduling
  • To take make or buy decisions
  • Prepare specifications and standization of materials
  • To assist in product design and development
  • Forecasting demand and quantity of materials requirements
  • Quality control of materials purchased
  • Material handling
  • Use of value analysis and value engineering
  • Developing skills of workers in materials management
  • Smooth flow of materials in and out of the organization

Accreditation

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