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Purchasing Techniques, Negotiating & Cost Reduction


Location Start date End date Fees Inquire Register
Istanbul 27.05.2024 31.05.2024 5,000 $ Inquire now Register
Dubai 27.05.2024 31.05.2024 4,300 $ Inquire now Register
Cairo 08.07.2024 12.07.2024 4,100 $ Inquire now Register
Dubai 08.07.2024 12.07.2024 4,300 $ Inquire now Register
Istanbul 15.07.2024 19.07.2024 5,000 $ Inquire now Register
Dubai 15.07.2024 19.07.2024 4,300 $ Inquire now Register
Dubai 05.08.2024 09.08.2024 4,300 $ Inquire now Register
Paris 05.08.2024 09.08.2024 6,100 $ Inquire now Register
Amsterdam 30.09.2024 04.10.2024 6,100 $ Inquire now Register
Dubai 30.09.2024 04.10.2024 4,300 $ Inquire now Register

Overview

In the world today it is not unusual for more than 50% of an organization’s revenue to be spent on goods and services — everything from raw materials to overnight mail. So, when the goal is to increase earnings by lowering costs, World-class organizations look closely at their purchasing strategies. Success in purchasing is dependent not only on an awareness of the potential opportunities, but more importantly, and the focus of this seminar, is the knowledgeable implementation of the methods, processes, and techniques that should be utilized in order to become a leader in obtaining real supply management savings.

Objectives

  • How to be on the road to world class in cost reductions
  • Processes for data mining and developing strategic plans
  • Methods of cost improvement
  • Process for developing purchase price index
  • Procedure for reporting cost improvements
  • Cost Reduction vs. Cost Avoidance
  • How to evaluate supplier prices
  • Reducing low value activities
  • Best practices in qualifying suppliers
  • The importance of planning in successful negotiations
  • Approaches in negotiations
  • Standards of ethics
  • The importance of rating and valuing the issues in a negotiation
  • Negotiating important issues in various contract clauses
  • Important elements of final preparation