Procurement Skills: Strategies to Reduce Vendor Prices

This intensive training course is aimed at improving the skills of the Procurement Professional and Buyers in organizations. The training course examines the strategic importance of procurement within departments by using concepts and ideas in order to maximize the procurement department’s effectiveness and thereby reducing costs throughout the supply chain. It is therefore imperative for Procurement to constantly deliver value to the organisation by delivering products and services that contributes to the well-being of the organisation. This is an important training course for Purchasing professionals who will return to their organisation with actual realistic plans on how to make considerable cost savings. 

• Develop critical supply strategies
• Apply the concepts of activity-based costing
• Understand the Supply Marketplace and how Suppliers Price
• Develop skills required for effective supplier relationships
• Practise successful negotiations and apply negotiation techniques