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Effective Purchasing Tendering & Supplier Selection

by Golden Masters for Training & Consultancy

This five-day intensive program is designed for those who want to understand and implement the essential tools of Purchasing, Procurement and Buying. Participants will learn how to evaluate procedures and make needed changes to methods t

AED 17000

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img Duration

5 days

Course Details

Course Description:
 
This five-day intensive program is designed for those who want to understand and implement the essential tools of Purchasing, Procurement and Buying.

Participants will learn how to evaluate procedures and make needed changes to methods to improve customer service whilst achieving significant reductions in inventories; eliminate wasteful costs; avoid internal system problems that limit performance; obtain added value for money

Course Objective 

·         Become a more efficient and productive buyer through applying the techniques of purchasing management 

·         Improve the services provided by your suppliers through more effective negotiations and planning

·         Understand the ethical/legal aspects of purchasing and its possible liabilities

·         Find out how to select and qualify suppliers

·         Understand best practices in supplier relations, planning and specifying, procurement process, and supplier performance

·         Know how to evaluate the proposals using price analysis and/or cost analysis

Course Certificate:

Masters Consultant certificate will be issued to all attendees completing minimum of 75% of the total tuition hours of the course

Who Should attend? 

This seminar has been designed to enhance the purchasing skills of all buyers in business, or government organizations. It is intended for buyers of all types of materials, equipment and services who seek to strengthen their personal abilities as well as the performance of their purchasing department. 

It will also benefit technical staff that has a role in specifying and procuring services and supplies

Course Outline:

Performance Purchasing  

·         Course Objectives

·         Introduction to Purchasing and its contribution to the organization

·         Key Concepts

·         Purchasing Organizations

·         The Procurement Cycle

·         Purchasing Systems

Supplier Selection  

·         Specifications

·         Working with End-users

·         Supplier Evaluation Criteria

·         Appropriate Supplier Methodologies

·         Total Cost Approach

Tendering  

·         Form of Tendering

·         Request for Information

·         Request for Quotation/Invitation to Tender

·         Tender Evaluation

·         Negotiation

·         Price Cost and Value

Legal Issues 

·         From Tender to Contract

·         Supplier non-performance

·         Expediting

·         Terms and Conditions

·         E-procurement fundamentals

Purchasing Performance 

·         Supplier Measurement

·         Vendor Rating

·         Action Planning

·         Course Review and Evaluation

Masters Training Company was established in response to the growing need for quality training to support the business community within your Company, Department or Organization by providing a high standard of Training Programs, Courses, Seminars, Workshops and Consultancy Services to employees in a very competitive business environment. 

 
Following the latest trends and ideas in Technology and Management techniques, and with its in-depth knowledge of the business environment, Masters Training Company is able to meet the special requirements of both local and international business throughout the Middle East. Masters Training & Consulting is an independent multinational firm with more than 25 years of experience in helping regional organizations develop their human capital in all fields of management. 
 
Since 1990, we have been entrusted by our clients to provide the most reliable training and consulting products and services in the region. Our innovative and diversified range of training programs and consulting services are designed and delivered by an ever-growing team of full time multilingual consultants experienced in providing solutions relevant to this part of the world and applicable to today’s business challenges.
 
We pride ourselves on our track record in this regard and on our long-standing relationships with our clients, many of whom have been with us since we started business. 
 
 
Our public training programs have attracted more than 300,000 participants from almost 3,000 organizations many of whom also entrust us with their needs for bespoke in-company programs. Our client base is steadily growing and so is our commitment to remain the regional leaders in the fields of training and consulting.

Masters is also an approved vendor from KHDA & ILM

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  • Sheikh Zayed Road Branch

    Kherbash Tower, Office # 1803 & 1804, Sheikh Zayed Road, Dubai

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