The Planner / Buyer
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.
Note, this course is aimed at in-house groups ..... i.e. teams of people at clients' own site, it is not currently offered as an open / public course.
- 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)
Course Includes (cont.)
- Total Cost of Ownership / Total Acquisition Cost Principles
- How are On-line auctions conducted
- Advantages of Purchasing from single source vs multiple source
- 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)