The Complete Course on Purchasing &Inventory Management 351147 Why Choose this Training Course?This intensive 10-day training course covers the skills required to lead procurement and inventory teams to world class performance by running organizations leaner, effectively and efficiently. The pressure to reduce costs, while maintaining customer service levels is essential in both procurement and inventory management. It focuses on the ‘gaps’ in performance to be filled in order to provide the continuous improvements needed to meet strategic objectives.Procurement and inventory are two of the least understood areas of business in many organisations, but are essential for good business results. Adopting sound procurement and inventory management principles will lead to better return on investment, improved quality, lower costs, and reduced working capital.This Oxford training course will feature:Selection and application of management strategiesManaging suppliers to obtain best in class resultsReduction in inventory investmentImproved customer satisfactionManagement of Stock Keeping Units in terms of their prioritiesThe StructureThis comprehensive training course consists of two modules which can be booked as a 10 Day Training event, or as individual, 5 Day training courses.Module 1 - The Complete Course on Purchasing Management Module 2 - The Complete Course on Inventory ManagementWhat are the Goals?By the end of this Oxford training course, participants will be able to:Develop strategic purchasing plans & discuss how to improve internal customer serviceExplore many ways of reporting key performance indicators (KPIs)Understand the most important competencies for purchasing personnelUnderstand the importance of inventory & the role it plays in the profitability of the companyApply best methods to optimise the investment in inventoryWho is this Training Course for?This training course is for Professionals and Staff in organization that are responsible for improving quality, reducing costs, increasing productivity, raising inventory turns and enhancing customer service through better purchasing and inventory management.This Oxford training course is suitable to a wide range of professionals, but will greatly benefit:Purchasing, Procurement, Contracts, Contract Administration, Projects personnelEngineering, Facilities, Finance and Maintenance PersonnelPersonnel involved in the planning and management of tender processThose involved in inventory management as a supplier, buyer, materials planner, warehousing, finance or even end-customerThose in general management wanting an understanding of the procurement and inventory processesHow will this Training Course be Presented?This training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. The course is class-work based and will prompt delegates to reflect on current practices and on their current practices. The instructor will guide and facilitate learning using a wide range of methods including direct input, discussions, case studies and exercises in groups and pairs.
