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Indian Institute of Training and Development (IITD)

Presents One Full Day Interactive Training on

Advanced Purchase and Procurement Practices to

Enhance Competitiveness

Saturday, 20th January 2024; 09:00 am to 05:30 pm

at a Business Hotel/ Hall, Pune

Certificates will be issued to the participants!

 

Background

There are four 4Cs every Indian Industries are facing namely Complexity, Competition, Compliance and Competitiveness. With competition from global players, Indian companies need to make conscious and sustained efforts to remain cost effective to survive in the market. One of the measures normally taken towards this is outsourcing operations being done inside the company or purchase from outside Suppliers.

With increased buy from Suppliers over the years, Purchase colleagues have to be enabled to deal with Suppliers effectively incorporating best purchase practices of the industries. Apart from the requirements of the company, Purchasers have to deal with challenges posed by the market, Customers apart from the Society.

The programme will focus on various elements of purchase practices proven well in automotive industries which can be applied in non-automotive industries as well. The Trainer shares his rich global experience in the domain and will be more interactive so that the delegates can get back with clarity on action plan which they can implement from the next day.

Group exercises and discussions carried out during the programme, will enable the delegates to relate and discuss the current challenges they are facing.

Key Takeaways

  1. Relate best practices of industries to their own company
  2. Generate an action plan for implementation in the company
  3. Understand various approaches to deal with Suppliers
  4. Appreciate the importance of Purchasers role for company’s growth

 

Purchasing Mgmt.

  • Concept – Difference in Purchasing, Procurement & Sources
  • Sourcing Strategies
  • Procurement Policy
  • Functions & Purchasing

 Advance Purchasing

  • Price Considerations
  • Contract Management:
  • Legal Aspect of Contracting
  • Elements Of Solicitation / Bids
  • Bonds / Types of Surety
  • Types Of Contracts
  • Leasing Agreements:
  • Types Of Lease Agreements
  • Factors in Lease Agreements
  • Price Negotiations
  • EQ

Procurement Practices

  • Supplier Performance Matrix
  • Supplier Rating score Card
  • Service Provider Score Card
  • Contract Maturity Level
  • S ‘R’ S

 Enhancing Competitiveness

  • Role Of Purchase In SCM
  • Budgetary Control – Elements Types
  • Costs Mgmt.
  • Strategic Approach

Who should attend?

  • Strategic Sourcing,
  • Sourcing, Procurement,
  • Purchase,
  • New Product Development professionals

 

The Learning Model

The trainer uses up-to-date training techniques and a variety of training methods, to give all participants the best opportunities for learning, including:

  • Class Session
  • Group Discussions
  • Simulations exercises
  • Case studies and Problem-Solving Exercises
  • Individual assignments

 

Medium: English/ Hindi/ Marathi

 Fees

  • 3,400 + GST 18% per person 1-3 participants.
  • 3,200 + GST 18% per person for a group of 4 or above participants.

Fees include participation, course material (Hard copy), Breakfast, Lunch and tea/coffee.

 

 Registration Details

Please write to email: iitdpune@gmail.comrajiv@iitdworld.com with

Name of the program, participant names, mobile nos, company name, GST number.

 Certification: Participants shall be awarded a certificate of participation from IITD.

 Registrations open till 2 days prior to the program date.

Seats are limited up to 20 pax, registration is on a first-come, first-served basis.

 Customised In-house Workshops

We would be pleased to conduct specific in-house pan-India workshops for your organisation, if you have adequate number of participants.

For enquiries related to corporate training or group nominations, please reach out to us.

We look forward to your active participation and nominations.

 With warm regards,

 

Rajiv Kolhe, Mob: 9822089898

Indian Institute of Training and Development (IITD)

Website: www.iitdworld.com