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Course Code: 024

Course Contents

    Understanding Purchasing Principles

  • Introduction and overview .
  • Identifying needs.
  • Specifying requirements.
  • Selecting the Right Supplier

  • Introduction and overview.
  • The sourcing process.
  • Appraising suppliers.
  • Sources of information.
  • Sourcing methods.
  • Effective Negotiation

  • Introduction and overview.
  • Planning negotiation.
  • Negotiation objectives and strategy.
  • The negotiation meeting.
  • Follow up to negotiation.
  • Managing Inventory

  • Introduction and overview.
  • Inventory management.
  • Stock control.
  • Inventory management for manufacturing organization.
  • Physical stock management.
  • The Business Environment

  • Introduction and overview.
  • Types of organization.
  • Corporate strategy.
  • Organization structure and culture.
  • Information system.
  • Corporate policies..
  • E- Purchasing

  • Introduction and overview.
  • What can it do for us.
  • What processes can be run.