Purchasing and Procurement Basics are a key skill set for any employee to develop.
Purchasing and procurement extends past getting the products and services that the organization needs at the right time and the right cost. This field has
evolved to include relationship building, supply chain management integration, and communication with stakeholders to continually improve processes and
results.
This two-day course covers all the essentials of purchasing and procurement. Some of the topics covered include:
- The value of procurement
- The five rights of purchasing
- Checklist for supplier evaluation
- The purchasing cycle
- Managing competitive bidding with RFPs and RFQs
- Techniques for successful negotiation
- Risk management
- Agile procurement
- The role of cross-functional teams in purchasing and procurement
- Tools of the trade, such as EDI, ERP, and e-commerce
This training materials package includes everything that you need to deliver an engaging program. We’ve designed the following materials for you
to use and customize:?an instructor guide, student manual, quick reference guide, PowerPoint slides, and more.
Session One: Course Overview
Session Two: Supply Chain Management Basics
Defining the Terms
Making Connections
The Value of Procurement
Practice Makes Perfect
Pre-Assignment Review
Session Three: The Purchasing Cycle
Cycle Overview
Identifying a Need
Researching Your Options
Lessons Learned
Session Four: Purchasing Toolkit
Analyzing the Price
Six Categories of Cost
How Much?
Analyzing Costs
Evaluating Suppliers
Evaluation Checklist
Negotiation Basics
Effective Questions
Collaboration Techniques
The Learning Curve
Session Five: Managing Competitive Bids
Purchasing Through RFP’s and Tenders
Making a Choice
Creating a Contract
Ethical Considerations
Ethical Dilemmas
Session Six: Improving Efficiency and Accuracy
Managing Supplier Performance
Controlling Quality
Setting and Monitoring Delivery Standards
Session Seven: Analyzing and Reducing Risk in the Supply Chain
Whose Risk Is It Anyway?
Agile Procurement
A Risk Management Focus
Session Eight: Managing Internal Relationships
Procurement’s Role in the Organization
Spell It Out
Making Your Mark
Cross-Functional Teams
Think About It
Session Nine: Tools of the Trade
Digital Systems
E-Commerce
Tools of the Trade
Evaluating Your Department
Drawing Conclusions
Recommended Reading List
Post-Course Assessment
Pre- and Post-Assessment Answer Keys
Personal Action Plan
Everything you need to deliver amazing training
Each courseware title is a trainers' kit that comes with the following course components:
Instructor Guide
Velsoft Instructor Guides are the core of each training course. Our Instructor Guides lay out the training in simple, easy-to-follow instructions. You can also customize the Instructor Guides in order to personalize your training.
Student Manual
Each Instructor Guide - for each course - is paired with a Student Manual that you can present to your participants. This customizable Student Manual gives each participant the ?student? version of the course you will be teaching.
PowerPoint Deck
Courseware from Velsoft is designed to give you everything you need for use in the classroom or for your workshop. This includes the PowerPoint versions of all the courses, prepared for you in advance.
Quick Reference Guide
Quick Reference Guides are a favorite tool for trainers to provide to their learners. Each Quick Reference Guide summarizes the most important elements in each courseware title down to two pages.