With the amalgamation of Procurement and Planning functions becoming common, this course has been developed to assist Planner / Buyers with limited experience in certain areas, assisting to plug potential knowledge gaps.
Course content will be tailored, for example the MRP element presented will increase if the recipients have not undertaken the MRP fundamentals (or Intermediate) course. As an overview aimed at Material Planners, it is emphasised that this is not a traditional “Purchasing” course and therefore does not cover topics such as Legal Aspects, Contract Negotiation & Management etc. Many of the topics are covered in very brief detail to raise awareness only.
Classification of Strategic Importance & Authority to Buy
MRP messages - case example which follows the implications on the supplier when
Customer's factory changes its schedule - including potential effect on delivery
performance measures.
Purchase Price or Logistics costs savings - equivalent uplift in sales required to
generate equivalent profit
Sourcing - Example sources of finding new suppliers
Inventory holding costs
Low value Purchasing (inc. Corporate Purchasing Cards, Blanket Orders,
Replenishment Contracts etc)
Profit 'contribution' exercise
The perils of the PPV measure
Consortia Purchasing
Negotiation techniques (inc. Body Language issues)
Total Cost of Ownership / Total Acquisition Cost Principles
How are On-line auctions conducted
Advantages of Purchasing from single source vs multiple sources
Make-or-Buy Analysis, and, Outsourcing
Purchase 'discount' problem & Least Unit Cost exercise
Impact of suppliers' logistics costs
Issues associated with JIT deliveries
Quality vs Cost trade-off
Critical value analysis - are our suppliers using it on us ?
Importing - where ownership of product commences (definitions of FOB etc)
Modern POs - how legally binding is an emailed purchase order (compared to
previous hard copy 'triplicate' versions with T&Cs stated)