Purchases & Stores

Training Course: Purchasing Management A-Z


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PU235440

19 - 23 May 2025

Rome (Italy)

Cost : 5250 € Euro

Introduction

Purchasing Management plays a crucial role in the efficient functioning of any organization’s supply chain. Effective management of purchasing processes not only ensures cost-efficiency but also enhances supplier relationships and overall operational performance. This comprehensive 5-day training program is designed to equip participants with the essential skills and knowledge needed to excel in Purchasing Management, covering everything from strategic sourcing to contract management and continuous improvement.

 

Objectives

  • Understand the fundamentals of Purchasing Management and its strategic importance within supply chain operations.

  • Learn the role and responsibilities of a Purchasing Manager in driving organizational success through effective procurement strategies.

  • Master key techniques for strategic sourcing, supplier relationship management, and negotiation.

  • Gain insights into cost analysis, pricing strategies, and contract management to optimize purchasing decisions.

  • Develop proficiency in inventory management, logistics, and risk mitigation to ensure smooth supply chain operations.

  • Apply performance metrics and continuous improvement methodologies to enhance purchasing effectiveness and efficiency.

 

Target Audience

This training program is ideal for:

  • Purchasing Managers looking to enhance their skills and knowledge in procurement strategies and supplier management.

  • Supply Chain Professionals involved in purchasing, procurement, and logistics operations.

  • Business Owners and Managers are responsible for procurement decisions and cost management.

  • Anyone interested in pursuing a career in Purchasing Management or seeking to strengthen their understanding of supply chain dynamics.

 

Training Program Outline
 

Day 1: Introduction to Purchasing Management

  • Overview of Purchasing Management

  • Importance in Supply Chain Management

  • Role and Responsibilities of a Purchasing Manager

  • Strategic Sourcing and Vendor Selection

  • Supplier Relationship Management

Day 2: Procurement Process and Procedures

  • Procurement Planning and Budgeting

  • Purchase Requisition and Approval Process

  • Request for Proposal (RFP) and Tendering Process

  • Negotiation Techniques in Purchasing

  • Contract Management and Legal Aspects

Day 3: Cost Analysis and Pricing Strategies

  • Total Cost of Ownership (TCO) Analysis

  • Cost Benefit Analysis and Value Engineering

  • Price Forecasting and Market Analysis

  • Pricing Strategies and Discounts

  • Managing Price Escalations and Cost Reduction Techniques

Day 4: Inventory Management and Logistics

  • Inventory Control Methods and Techniques

  • Just-in-Time (JIT) Inventory System

  • Warehouse Management and Optimization

  • Transportation and Logistics Management

  • Risk Management in Supply Chain

Day 5: Performance Metrics and Continuous Improvement

  • Key Performance Indicators (KPIs) in Purchasing

  • Supplier Performance Evaluation

  • Lean Procurement and Six Sigma in Purchasing

  • Continuous Improvement Techniques

  • Case Studies and Best Practices

Purchases & Stores

Training Course: Purchasing Management A-Z


Register Now
Quick Inquiry
Discount Group Download Brochure (36)

PU235440

19 - 23 May 2025

Rome (Italy) -

Cost: 5250 € Euro


  About Rome

As cosmopolitan and diverse as it is rooted in its own history, Rome is one of the premier tourist destinations in the world. Featuring some of the best restaurants on the continent, some of the most iconic historic sites in Europe, the city is widely regarded as one of the most exciting and dynamic places to visit anywhere. The center of the Renaissance, the city houses some of the most famous works of art in the world and remains an important cultural hub to this day. Famous for art, fashion, it's delicious local cuisine, and superbly preserved monuments, Rome truly offers something for everyone.


  Things to do and places to visit in Rome

When disembarking, the first thing that can prove pleasantly challenging is deciding on what to do first! An exceptional array of hotels and inns are available to any weary traveler, as are a superb range of restaurants for those wanting to relax surrounded by the hustle and bustle of Rome in the evening. You can spend the day walking streets steeped in history, visiting galleries that contain works by Caravaggio and Michelangelo or exploring the awe-inspiring Colosseum. The city contains many beautifully maintained parks and gardens, as well as a vast collection of beautiful churches and cathedrals, ensuring that a trip to Rome will be a memorable experience for anyone.

Things to do when taking flights to Rome include:

  • Standing inside the magnificent Colosseum.
  • Gazing in awe at the stunning Castel Sant'Angelo.
  • Visiting the incredible Pantheon, one of the best-maintained buildings from the Roman era.
  • Stopping at the center of the Piazza del Popolo, one of the most beautiful squares in Europe.
  • Walking the beautiful gardens of Villa Borghese.
  • Admiring the vast, intricately carved Column of Marcus Aurelius.
  • Wandering the Forum Romanum, ruins from the Ancient Roman period.
  • Exploring some of the greatest art collections in Europe.
  • Crossing the river on the remarkably-constructed Bridge of Angels.
  • Sampling the world famous local cuisine.
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