BEGIN:VCALENDAR VERSION:2.0 PRODID:-//wp-events-plugin.com//7.2.3.1//EN BEGIN:VEVENT UID:763@x8ti.com DTSTART;TZID=Africa/Casablanca:20260706T090000 DTEND;TZID=Africa/Casablanca:20260710T130000 DTSTAMP:20260227T083528Z URL:https://x8ti.com/event/purchasing-and-supply-management-4/ SUMMARY:Purchasing and Supply Management DESCRIPTION:Course Overview\nPurchasing Management is a process used by org anizations to acquire goods and services. Purchasing management is part of a much broader procurement process\, which would generally include expedi ting\, supplier quality\, logistics and transportation.\n\nIt is a functio n that is responsible for professional management of an organization’s i nterface with the supply market\, to ensure its supply with the necessary services and goods that are provided by other organizations namely “supp liers”.  Purchasing can be linked and connected with strategic sourcing (supply planning\, selection and contracting of supplier) and operative p rocurement (ordering of material\, expediting and paying).\nprocess :\nIt is a process to ensure a safe and timely supply while achieving the target of meeting the cost of goods to contribute to innovation and strategic go als of an organization to meet and achieve the competitive advantage throu gh smart purchasing.\n\nSupply Management is a segment that supports ident ifying\, acquiring and managing suppliers and resources that are of key im portance and are essential to the operations of an organization. Supply ma nagement consists of purchasing of physical goods\, information services o r any other resources that enable the organization to continue operating a nd growing and achieve the goals to drive to the organization vision.\n\nS upply Management can be stated as a systematic business process that goes a step further than procurement to include the coordination of pre-product ion\, logistics and inventory management\, along with budgeting\, and othe r key essential information that is required for running day to day operat ions smoothly.\n\nThis training course aims to empower you with comprehens ive knowledge and understanding about Purchasing and Supply Management. Th is course will support navigating through complex challenges which you enc ounter in your day-to-day operations and will help to upscale your current capabilities\, and further help to equip you better by teaching how to us e analytical and logical strategies for smooth functioning of logistics op erations.\nCourse Objectives\nThe main objective of this Purchasing and Su pply Management Course is to empower participants to —\n\n Define and e stablish the strategic role of the purchasing department\n Conduct and im plement accurate supplier evaluation\n Effective negotiation strategies w ith suppliers\n Elucidate the importance of value analysis in purchasing\ n Build process to improve the efficiency of the purchasing department\n Support performance evaluation through Key Performance Indicators (KPIs)\ n\nTraining Methodology\nThis interactive Purchasing and Supply Management Course will comprise the following training methods:\n\n Presentation\n Assignments\n Case Studies &\; Functional Exercises\n Questionnaires \n\nOrganizational Benefits\nBy professionals enrolling for this Purchasin g and Supply Management Course\, organizations will get the following bene fits:\n\n Understand how to analyse the added value that can be achieved through purchasing and supply management\n Will be able to define key sta ges of a purchasing process from defining needs to finalization of a contr act\n Support in understanding the relationship between working in compli ance with the process and achieving the desired outcome\n Compare the con cepts of purchasing and find median to use it in the larger supply chain f ramework\n\nPersonal Benefits\nProfessionals enrolling for this Purchasing and Supply Management Course will benefit in the following ways:\n\n Hel p to further develop performance standards and use operational guidelines which will further improve the efficiency and effectiveness in the role of purchasing\n You will be able to measure supplier performance by using p redetermined standards and metrics\n Support how to develop global procur ement plans and aligning them to organizational goals\n Equip to plan\, o rganize\, and conduct negotiations in the most organized and effective man ner\n Help in identifying opportunities to develop strategies to improve effectiveness by using the learnings and tactics to build increased effici encies and source the right product at the right time at the right price\n \nWho Should Attend?\nPurchasing and Supply Management Course is ideal for Procurement\, Purchasing &\; Supply chain management professionals who require to build on their knowledge to equip them to navigate through com plex challenges and work effectively for overall improvement of the Organi zations profitability.\n\nThis course will help prepare aspiring personnel to build on their management skills\, strategies and knowledge required f or working on building a world class purchasing function.\nTypical partici pants include:\n\n Early or mid-career supply chain professionals who wan t to develop their knowledge\n Operations managers\, Purchase managers\, Supply chain managers\, Logistics Managers\, Finance Managers\, Contracts Managers\, Procurement Managers\n Professionals wishing to further develo p their role in their organizations\n Shipping company personnel wishing to upgrade their knowledge to support their customers\n\nCourse Outline\nT he course covers the following topics for understanding Purchasing and Sup ply Management framework:\nPurchasing a Strategic Function\n\n Organizati onal Strategy and Purchasing – The Link\n Mission Statement – Purchas ing\n Purchasing Objectives\n The Balancing Act – Quality\, Service an d Price\n Definitions Purchasing and Supply\n Breakdown of typically org anisational costs represented by purchasing of goods and services\n Stock and non-stock purchasing\n Direct and indirect purchases\n Operational expenditure and capital purchases\n\nSupplier Evaluation and Negotiation\n \n Supplier – Negotiation Skills\n The Power of negotiation – 13 asp ects and qualities\n Power and Planning in negotiation\n Suppliers – r ight partnering and ways of promoting good relations\n Supplier Performan ce Evaluation – Factors\n\nSpecifying Requirements and Planning\n\n Pri nciples of Purchasing\n Pareto Principle – Application in Purchasing\n Forecasting Methods in the Purchasing process\n Advantages and Disadvant ages of Sourcing (single/multi)\n Stakeholder and Supplier management\n Market Analysis\n\nValue Analysis\n\n Address &\; Apply Key Strategic Questions (the rule of 16)\n Cost Reductions\n Optimize Productivity in Purchasing\n Role of Purchase Manager – Add Value\n Move away from pus hing papers to strategic thinking\n\nPreparation – Contract/Agreement\n\ n Inclusion of Provisions/Clauses in the international purchasing contrac t\n Legal Counsel to support purchasing process – when and how\n Contr act terms – Creation process\n Basic elements of antitrust laws and its impact on buyer and seller\n Expound Reciprocity and its legal implicati ons\n Impact and Risk Assessment\n Contract Award process and procedure\ n\nPerformance Management – Evaluating and Measurement\n\n Approach – centralized versus decentralized\n Managing and continuous development – Buyers\n Right KPI’s – Purchasing\n Policies and Procedures\n\nO btaining and Evaluating Offers\n\n Bidding and Proposal Solicitations\n EDI and VANS to facilitate Purchase process\n Understanding concept of pr ice elasticity of demand in purchasing framework\n Process of qualifying/ prequalifying\n\nGovernance of Purchasing and Supply Function\n\n Address ing conflict of Interest\n Document policies and procedures that may need urgency\n Organizational accountability and reporting for purchasing rol es and functions\n Codes and Ethics in Purchasing and CIPS code of conduc t\n\n Life Asset Management\n\n All cost inclusion – purchase pricing through to disposal and end-of-life\n Global sourcing\, risks associated with the extended supply chain – Hidden costs\n Access to Data across t he organization – Cross-functional/Management support\n Decommissioning \n\n Review Common IT Solutions and Other Tools\n\n P2P System\n Invent ory Management\n Process Automation\n Information Integrity\n\n \; ATTACH;FMTTYPE=image/jpeg:https://x8ti.com/wp-content/uploads/2024/12/Scre en-Shot-2024-12-01-at-6.18.57-PM.png CATEGORIES:Procurement, Logistics and Supply Chain Management LOCATION:Casablanca Training Courses\, Four Seasons Hotel Casablanca\, Casa blanca\, Morrocco\, Morocco X-APPLE-STRUCTURED-LOCATION;VALUE=URI;X-ADDRESS=Four Seasons Hotel Casablan ca\, Casablanca\, Morrocco\, Morocco;X-APPLE-RADIUS=100;X-TITLE=Casablanca Training Courses:geo:0,0 END:VEVENT BEGIN:VTIMEZONE TZID:Africa/Casablanca X-LIC-LOCATION:Africa/Casablanca BEGIN:STANDARD DTSTART:20260322T030000 TZOFFSETFROM:+0000 TZOFFSETTO:+0100 TZNAME:+01 END:STANDARD END:VTIMEZONE END:VCALENDAR