This COPEX training course leads delegates through the development and implementation of carefully crafted strategies for the acquisition of all goods, parts, equipment, and services to reduce operating cost while improving quality and productivity. With the growing importance of supply-chain management, purchasing has assumed an increasingly pivotal strategic role, evolving from an obscure buying function into a strategic business thinking. Intense competitive pressures have forced companies to reexamine their approach to managing suppliers and their supply base. Purchasing is thus increasingly regarded as a strategic tool, centered on its ability to create collaborative relationships for firm advantage. The ability to extract benefits from supplier relationships is linked to the way these relationships are managed. Thus, it is not enough for a firm to possess a strategic purchasing orientation, they must also create conditions which allow the buyer and supplier to contribute and develop the relationship. Various supply management practices facilitate this process.
Training Course Objectives
By the end of this COPEX training course delegates will be able to:
Set Strategies for Procurement
Build a Distinctive Capability in Strategic Purchasing
Evaluate Purchasing Key Liaison Role Between External Suppliers and Internal Organizational Customers
Improve Profitability by Controlling Total Costs
Examine Sustainable Competitive Advantage by Enabling a Firm to Build and Leverage Beneficial Inter-Organizational Relationships
Designed For
This COPEX training course is suitable to a wide range of professionals, but will greatly benefit:
All Others Who are Involved in the Planning, Evaluation, Preparation and Management of Purchasing and Contracts that Cover the Acquisition of Materials, Parts, Equipment, and Services and Who Are in Organizations Whose Leadership Want High Levels of Excellence in Those Involved in These Activities
Training Course Outline
Amongst a wide range of valuable topics, the following will be prioritised:
Becoming More Strategic in Procurement
Developing the Spend Analysis
The ABC (Pareto) Analysis
Supplier Portfolio Management
Categorization of Products and Services
Understanding Price and Cost Analysis
Developing the Organization’s Purchase Price Index
Changing Supply Management
Defining Total Cost of Ownership
Total Cost Modelling of the Supply Chain
The Certificate
COPEX Certificate of Attendance will be provided to delegates who attend and complete the course
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Strategic Purchasing & Supply Management Cost / Price Analysis, Value Analysis & Total Cost of Ownership Concepts
Upcoming Dates
28 Jun - 02 Jul 2021 in Istanbul - Turkey,$5,950
20 - 24 Dec 2021 in Kuala Lumpur - Malaysia,$5,950
Training Course Overview
This COPEX training course leads delegates through the development and implementation of carefully crafted strategies for the acquisition of all goods, parts, equipment, and services to reduce operating cost while improving quality and productivity. With the growing importance of supply-chain management, purchasing has assumed an increasingly pivotal strategic role, evolving from an obscure buying function into a strategic business thinking. Intense competitive pressures have forced companies to reexamine their approach to managing suppliers and their supply base. Purchasing is thus increasingly regarded as a strategic tool, centered on its ability to create collaborative relationships for firm advantage. The ability to extract benefits from supplier relationships is linked to the way these relationships are managed. Thus, it is not enough for a firm to possess a strategic purchasing orientation, they must also create conditions which allow the buyer and supplier to contribute and develop the relationship. Various supply management practices facilitate this process.
Training Course Objectives
By the end of this COPEX training course delegates will be able to:
Set Strategies for Procurement
Build a Distinctive Capability in Strategic Purchasing
Evaluate Purchasing Key Liaison Role Between External Suppliers and Internal Organizational Customers
Improve Profitability by Controlling Total Costs
Examine Sustainable Competitive Advantage by Enabling a Firm to Build and Leverage Beneficial Inter-Organizational Relationships
Designed For
This COPEX training course is suitable to a wide range of professionals, but will greatly benefit:
All Others Who are Involved in the Planning, Evaluation, Preparation and Management of Purchasing and Contracts that Cover the Acquisition of Materials, Parts, Equipment, and Services and Who Are in Organizations Whose Leadership Want High Levels of Excellence in Those Involved in These Activities
Training Course Outline
Amongst a wide range of valuable topics, the following will be prioritised:
Becoming More Strategic in Procurement
Developing the Spend Analysis
The ABC (Pareto) Analysis
Supplier Portfolio Management
Categorization of Products and Services
Understanding Price and Cost Analysis
Developing the Organization’s Purchase Price Index
Changing Supply Management
Defining Total Cost of Ownership
Total Cost Modelling of the Supply Chain
The Course Content
The Certificate
COPEX Certificate of Attendance will be provided to delegates who attend and complete the course