Purchases & Stores

Training Course: Purchase Management Specialist


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PU235441

16 - 20 Mar 2025

Dubai (UAE)

Cost : 4150 € Euro

Introduction

The role of a Purchase Management Specialist is pivotal in today's competitive business environment, where efficient procurement practices directly impact organizational success. This intensive 5-day training program is designed to equip professionals with advanced knowledge and skills essential for effective purchase management. Participants will delve into strategic sourcing, contract management, risk assessment, and emerging trends in procurement technology, preparing them to excel in their roles as Purchase Management Specialists.

 

Objectives

  • Comprehensive Understanding: Gain a thorough understanding of the procurement process from planning to payment, and its strategic importance in organizational success.

  • Advanced Skills Development: Develop advanced skills in strategic sourcing, supplier relationship management, negotiation, contract management, and risk assessment.

  • Ethical Decision-Making: Explore ethical considerations in procurement and apply ethical decision-making frameworks to real-world scenarios.

  • Innovation Integration: Understand the role of technology and innovation in modern procurement practices, and how to leverage them for efficiency and competitive advantage.

  • Practical Application: Apply learned concepts through case studies, simulations, and practical exercises to enhance decision-making and problem-solving abilities in procurement contexts.

 

Target Audience

This training program is ideal for:

  • Experienced procurement professionals seeking to enhance their skills and advance in their careers.

  • Supply chain managers aiming to deepen their understanding of procurement strategies and best practices.

  • Business professionals responsible for purchasing and procurement decisions within their organizations.

  • Individuals transitioning into procurement roles and seeking a comprehensive foundation in purchase management.

 

Training Program Outline

 

Day 1: Foundations of Purchase Management

  • Introduction to Purchase Management

    • Importance and role of purchase management in organizational success.

    • Key responsibilities and competencies of a purchase management specialist.

  • Procurement Process Basics

    • Overview of the procurement lifecycle: planning, sourcing, contracting, purchasing, and payment.

    • Introduction to procurement best practices and industry standards.

Day 2: Strategic Sourcing and Vendor Management

  • Strategic Sourcing Strategies

    • Differentiation between strategic sourcing and tactical purchasing.

    • Techniques for strategic supplier selection and evaluation.

  • Supplier Relationship Management (SRM)

    • Importance of SRM in achieving organizational objectives.

    • Strategies for developing and maintaining strong supplier relationships.

Day 3: Contract Management

  • Contract Fundamentals

    • Essential components of a contract.

    • Types of contracts and their suitability for different procurement scenarios.

  • Negotiation Skills for Contracts

    • Principles of effective negotiation.

    • Strategies for achieving favorable contract terms and conditions.

Day 4: Risk Management in Procurement

  • Risk Assessment in Procurement

    • Identification and analysis of procurement risks.

    • Tools and methodologies for risk assessment.

  • Risk Mitigation Strategies

    • Developing risk mitigation plans and contingency strategies.

    • Integration of risk management into procurement processes.

Day 5: Advanced Topics in Purchase Management

  • Ethics in Procurement

    • Ethical considerations in procurement practices.

    • Best practices for ethical decision-making in procurement.

  • Technology and Innovation in Procurement

    • Role of technology in modern procurement practices.

    • Emerging trends and innovations in procurement technology (e.g., AI, blockchain).

Purchases & Stores

Training Course: Purchase Management Specialist


Register Now
Quick Inquiry
Discount Group Download Brochure (36)

PU235441

16 - 20 Mar 2025

Dubai (UAE) -

Cost: 4150 € Euro


  About Dubai

Dubai, located on the Persian Gulf, is one of the seven United Arab Emirates and one of the most popular tourist destinations in the world. The discovery of oil in the region has made Dubai extremely wealthy, allowing it to build the glittering skyscrapers that it is now famous for. That wealth is strongly in evidence in Dubai and visitors will see luxurious buildings and supercars aplenty. Perfect beaches and endless shopping opportunities are to key to Dubai's attractions. Flights to Dubai open up the city's cultural attractions to tourists, with beautiful mosques, museums and art galleries scattered throughout this ultra-modern metropolis.


  Things to do and places to visit in Dubai

Dubai's wealth has made it famous for building ever taller buildings and creating artificial islands off its shores. The city's hotels are luxurious and shoppers will love its extensive shopping malls which showcase all the world's top brands. Dubai's attractions don't end there. Dubai also caters to adventure lovers, who can jump in a 4x4 or on a board to speed over dunes outside the city. Local culture mustn't be forgotten either, and visitors have wonderful mosques to visit and old districts to explore. All that combined means that a flight to Dubai is sure to lead to an unforgettable holiday.

When visiting Dubai, be sure to:

  • Go to the observation deck of the Burj Khalifa, the tallest building in the world.
  • Admire the intricately beautiful Grand Mosque, which has the tallest minaret in the city.
  • Understand the local history and culture with a visit to the Dubai Museum.
  • Discover objects from the 6th century at Jumeirah Archaeological Site.
  • Go skiing – That's not a joke, the Mall of the Emirates houses a snowdome.
  • Go shopping at the Mall of the Emirates or the Dubai Mall.
  • Explore the desert surrounding the city – either by 4x4 or atop a camel.
  • Eat fantastic seafood at Dubai Marina.
  • Cool off at the Wild Wadi Waterpark.
  • Marvel at gorgeous Arabic calligraphy at Jumeirah Mosque, the biggest in the city.
  • Take a yacht tour around the artificial islands of Palm Jumeirah.
  • Haggle for souvenirs in one of the city's souks.
  • Wander around the traditional building in Bastakiya District.
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