Loading Events
This event has passed.

Indian Institute of Training and Development (IITD)

Presents One Full Day Interactive Upscaling Classroom program on

Purchase Management and Purchase Negotiation Skills

18th Oct 2023; 09:00 am to 05:30 pm at a Hall/Business Hotel, Pune

Certificates will be issued to the participants!

Introduction

In the current economic climate inventory is more important than ever.

The cost of materials is often 55-70% of the product cost, in the manufacturing sector, and the quality of the finished product is heavily dependent upon the quality of material purchased. Hence the impact of the Purchase function on cash flow and profitability is very high.

With slowing activity, inventory decisions that result in excess inventory will take much longer to correct and the working capital that is tied up hurts even more when capital is hard to come by. Improve inventory turns, lower operating costs and enhance customer satisfaction.

This workshop brings out a new way of looking at the functions and processes involved in the field of procurement. It helps you align your procurement strategies with management expectations and to identify actionable points, which can have an immediate effect on improving the performance of the organization in the short term, and are consistent with strategic imperatives in the long term.

Program Contents

  • Purchase Function – traditional role and changing relevance
  • Reconstruction of Purchase function for a strategic role
  • Purchas e’s role in strong supply chain and impact on yield
  • Just In Time (JIT) Procurement
  • EOQ (Economic Order Quantity) concept and modern interpretation
  • Effective strategic sourcing
  • Vendor Selection and Evaluation
  • Vendor Development – Value drivers
  • Vendor Rationalization
  • Delivery Performance monitoring
  • Volume flexibility
  • Vendor meet
  • Vendor reward scheme
  • Vendor satisfaction survey
  • Ethics in Purchasing
  • Purchase Negotiations
  • Case examples and illustrations from practice
  • Actionable points for immediate and long-term application
  • KPIs for effective Sourcing

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 with cookies.

 

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,

 

Shilpa Kulkarni/ Rajiv Kolhe

Mob: 7666256426/ 9822089898

Indian Institute of Training and Development (IITD)

Tel: 91 20 4120 3985

Website: www.iitdworld.com

Encl: Training Calendar Classroom

 

 

IITD CLASSROOM Training, Oct 2023@Hall/Business Hotel, Pune,

9 am to 5.30 pm

      *Fees Per Person
Sr Date Program 1 – 3 participants;
    4 & above (₹)
1 10-Oct Production Planning and Control (PPC) 3000;2800
2 11-Oct Geometric Dimensioning & Tolerancing (GD&T) 3400;3200
3 12-Oct Emotional Intelligence (E.I) 2500;2300
4 13-Oct Personal Effectiveness for Secretaries/Executive Assistants/ PA’s 2500;2300
5 14-Oct Advanced Excel 2600;2400
6 14-Oct How to conduct Domestic Enquiry 3000;2800
7 17-Oct Pneumatics and Hydraulics 3400;3200
8 18-Oct Purchase Management and Purchase Negotiation Skills 3400;3200
9 19-Oct Supply Chain Management (SCM) 2500;2300
10 20-Oct Change Management 3400;3200
11 20 & 21 Oct Core Tools (2 Full days) 4800;4600
12 25-Oct Team Building and Motivation 2500;2300
13 26-Oct First Aid and CPR Training (GoM DISH certificate) 2500;2300
14 27-Oct Email Etiquette & Writing Skills 2500;2300
15 28-Oct Smart Supervisory Skills 2500;2300
  *GST 18% Extra

 

 “Coming together is the beginning. Keeping together is progress.

Working together is success.” ― Henry Ford

***********