This 5-day training course provides participants with essential skills and best practices in modern purchasing management, with a strong focus on cost-saving strategies, supplier performance, and value optimization. The course explores the entire procurement cycle, from sourcing and supplier selection to negotiation and contract management. Participants will also learn cost analysis, total cost of ownership (TCO), and innovative purchasing strategies to enhance procurement effectiveness and reduce organizational spend.
Upon the successful completion of this course, each participant will be able to:
This course is designed for Purchasing and Procurement Officers, Buyers and Sourcing Specialists, Supply Chain Professionals, Contract Administrators. Vendor Managers, Logistics and Materials Managers, Finance and Cost Control Officers involved in procurement or Anyone involved in purchasing or aiming to reduce procurement-related costs.
Day 1
Registration, Welcome & Introduction
Pre-Test
Fundamentals of Purchasing and Procurement
Day 2
Strategic Sourcing and Supplier Management
Day 3
Cost Saving Techniques in Purchasing
Day 4
Negotiation and Contract Management
Day 5
Performance Measurement and Continuous Improvement
Post-Test
End of the Course
Facilitated by a highly qualified specialist, who has extensive knowledge and experience; this program will be conducted using extensively interactive methods, encouraging participants to share their own experiences and apply the program material to real-life work situations in order to stimulate group discussions and improve the efficiency of the subject coverage.
Percentages of the total course hour classification are:
At the completion of the course, all participants who successfully accomplished the required contact hours will receive an EdTech Training Participation Certificate as a testimony to their commitment to professional development and further education.