Purchasing, Inventory , Contracts Training Courses

The Strategic Buyer

Duration
2025-04-28 5 Days 2025-05-02
Attendance

Hotel Meeting Room

Hotel Meeting Room
Course code
PC-326
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City / venue
Toronto

Classroom

Fees / hours
5500 $ | 25 Hours

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Course details

Overview ?

INTRODUCTION

International procurement is a complex process, which has the potential to provide many benefits to the organization in the form of lower prices, higher quality and improved supplier performance.

In this programme you will learn how to:
  • Locate, evaluate and manage international sources
  • Implement best practices in international procurement
  • Effectively draft an international procurement contract
  • Manage the international movement of materials
PROGRAMME OBJECTIVES
  • Examine how to locate and evaluate new sources internationally
  • Consider the impact of the internet on purchasing operations
  • Review best practices in international purchasing
  • Analyze ways of managing suppliers more effectively
  • Study new concepts in inventory management
  • Enhance their negotiating skills
  • Understand the proper drafting of international contracts
  • Plan for effective international transportation management
TRAINING METHODOLOGY

Participants will learn by active participation during the programme through the use of programme materials, exercises, video presentations and discussions on “real life” issues in their organizations.

PROGRAMME SUMMARY

Effective international buying is essential to the success of the modern business, government and military materials management operation. This programme will focus on the best practices for locating, utilizing and managing global suppliers. Techniques for improving supplier performance, lowering prices, improving quality, shortening lead times, reducing inventory levels and eliminating unnecessary costs will also be carefully considered. In addition we will also examine the impact of the internet on global buying activities.

PROGRAMME OUTLINE
DAY 1 - The Modern Buying Function
  • Globalization and its effects
  • Utilizing the internet for procurement
  • Modern buying practices
  • Assuring supplier performance
  • Methods for determining price
  • Procurement’s role in the organization
  • Procurement performance measurement
  • Long term contract pricing formulas
DAY 2 - International Buying
  • International buying operations
  • International counter-trade
  • Achieving the benefits of global procurement
  • Overcoming the difficulties of international buying
  • Utilizing the learning curve
  • Ensuring the quality of material deliveries
  • International buying and inventory management
  • Reducing costs in inventory management
DAY 3 - International Supplier Sourcing
  • Preparing to move beyond domestic sourcing
  • Global sourcing
  • Locating international sources
  • Determining the type of supplier to utilize
  • Single source vs. multiple source policy
  • Source evaluation criteria
  • Managing exchange rate risk
  • Dealing with issues of ethics
DAY 4 - Negotiation And Contract Preparation
  • Insights into the negotiation process
  • Characteristics of the effective negotiator
  • Preparing to negotiate
  • Negotiating techniques
  • Obtaining the benefits of supplier partnering
  • International buying legalities
  • Drafting the international contract
  • Dispute resolution mechanisms
DAY 5 - International Movement Of Goods
  • International commercial terms
  • Buying transportation services
  • Utilizing air transportation
  • Utilizing ocean transportation
  • Securing marine insurance
  • Calculating total landed cost
  • Strategic purchase planning
  • Reengineering purchasing operations

Day 1

Asset Cost Management Introduction

Definitions of reliability, maintenance & asset management
The total cost of maintenance
Best practice reliability and maintenance processes
Elements of asset management best practice
Auditing performance
Overview of TPM, RCM, BCM, QCM, and other asset management buzzword
Open discussion sessions

Day 2

Laying the Groundwork

Definitions of reliability, maintenance & asset management
The total cost of maintenance
Best practice reliability and maintenance processes
Elements of asset management best practice
Auditing performance
Overview of TPM, RCM, BCM, QCM, and other asset management buzzword
Open discussion sessions

Day 3

Applying the Value based Process

Definitions of reliability, maintenance & asset management
The total cost of maintenance
Best practice reliability and maintenance processes
Elements of asset management best practice
Auditing performance
Overview of TPM, RCM, BCM, QCM, and other asset management buzzword
Open discussion sessions

Day 4

Ensuring the Continuity of the Value-based Process

Definitions of reliability, maintenance & asset management
The total cost of maintenance
Best practice reliability and maintenance processes
Elements of asset management best practice
Auditing performance
Overview of TPM, RCM, BCM, QCM, and other asset management buzzword
Open discussion sessions

Day 5

Supporting Process that Lower Life-cycle costs

Definitions of reliability, maintenance & asset management
The total cost of maintenance
Best practice reliability and maintenance processes
Elements of asset management best practice
Auditing performance
Overview of TPM, RCM, BCM, QCM, and other asset management buzzword
Open discussion sessions

Training Methodology

Pathways Training and consulting adopts the newest techniques of human resources Training and consulting and, with the following:

  • Theoretical lectures are delivered via PowerPoint and visual displays (videos and short films)
  • Making scientific evaluation to the trainee (before and after)
  • Brainstorming and role-playing
  • Using case studies related to the scientific material being delivered and the trainees' work.
  • The participants get the scientific and practical material printed and on CDs and Flash memories.
  • Preparing records and reports of the participants' attendance and results, with a general evaluation of the training program.
  • A group of the best trainers and experts in all fields and specialties professionally prepares the scientific material.
  • After finishing the course, the participants get certificates of attendance signed, certified, and issued by pathways Training and consulting.
  • Our training programs start at 9:00 o'clock in the morning and end at 2:00 in the afternoon, with snack buffet during the lectures.
  • Providing a lunch buffet during the training program period, with organizing a lunch party on the training program final day for taking some photos and certificate awarding.
Different venues & timings for this course

Course name

Duration

City

Price

The Strategic Buyer

17, Feb 2025 21, Feb 2025

Singapore

4950$

The Strategic Buyer

23, Feb 2025 27, Feb 2025

Kuwait

2750$

The Strategic Buyer

03, Mar 2025 07, Mar 2025

Berlin

4750$

The Strategic Buyer

09, Mar 2025 13, Mar 2025

Khobar

2750$

The Strategic Buyer

10, Mar 2025 14, Mar 2025

Brussels

4750$

The Strategic Buyer

17, Mar 2025 21, Mar 2025

Zurich

4750$

The Strategic Buyer

24, Mar 2025 28, Mar 2025

Trabzon

3500$

The Strategic Buyer

31, Mar 2025 04, Apr 2025

Beijing

4950$

The Strategic Buyer

07, Apr 2025 11, Apr 2025

Amsterdam

4750$

The Strategic Buyer

14, Apr 2025 18, Apr 2025

Bangkok

4950$

The Strategic Buyer

20, Apr 2025 24, Apr 2025

Muscat

2750$

The Strategic Buyer

21, Apr 2025 25, Apr 2025

Milan

4750$

The Strategic Buyer

28, Apr 2025 02, May 2025

Toronto

5500$

The Strategic Buyer

05, May 2025 09, May 2025

Barcelona

4750$

The Strategic Buyer

12, May 2025 16, May 2025

London

4750$

The Strategic Buyer

18, May 2025 22, May 2025

Cairo

2450$

The Strategic Buyer

26, May 2025 30, May 2025

Geneva

4750$

The Strategic Buyer

02, Jun 2025 06, Jun 2025

Vienna

4750$

The Strategic Buyer

09, Jun 2025 13, Jun 2025

Munich

4750$

The Strategic Buyer

16, Jun 2025 20, Jun 2025

Prague

4750$

The Strategic Buyer

23, Jun 2025 27, Jun 2025

Rome

4750$

The Strategic Buyer

30, Jun 2025 04, Jul 2025

Jakarta

3500$

The Strategic Buyer

06, Jul 2025 10, Jul 2025

Tunisia

3250$

The Strategic Buyer

14, Jul 2025 18, Jul 2025

Marbella

4750$

The Strategic Buyer

21, Jul 2025 25, Jul 2025

Paris

4750$

The Strategic Buyer

28, Jul 2025 01, Aug 2025

Madrid

4750$

The Strategic Buyer

03, Aug 2025 07, Aug 2025

DUBAI

2950$

The Strategic Buyer

11, Aug 2025 15, Aug 2025

Kuala Lumpur

3250$

The Strategic Buyer

17, Aug 2025 21, Aug 2025

Amman

2750$

The Strategic Buyer

24, Aug 2025 28, Aug 2025

Marrakesh

2950$

The Strategic Buyer

31, Aug 2025 04, Sep 2025

Sharm ElShaikh

2750$

The Strategic Buyer

07, Sep 2025 11, Sep 2025

Doha

3500$

The Strategic Buyer

14, Sep 2025 18, Sep 2025

Casablanca

2950$

The Strategic Buyer

21, Sep 2025 25, Sep 2025

Riyadh

2750$

The Strategic Buyer

29, Sep 2025 03, Oct 2025

Istanbul

2950$

The Strategic Buyer

05, Oct 2025 09, Oct 2025

Jeddah

2750$

The Strategic Buyer

12, Oct 2025 16, Oct 2025

Manama

2750$

The Strategic Buyer

19, Oct 2025 23, Oct 2025

Beirut

2750$

The Strategic Buyer

27, Oct 2025 31, Oct 2025

Singapore

4950$

The Strategic Buyer

02, Nov 2025 06, Nov 2025

Kuwait

2750$

The Strategic Buyer

09, Nov 2025 13, Nov 2025

DUBAI

2950$

The Strategic Buyer

17, Nov 2025 21, Nov 2025

Kuala Lumpur

3250$

The Strategic Buyer

23, Nov 2025 27, Nov 2025

Amman

2750$

The Strategic Buyer

24, Nov 2025 28, Nov 2025

Milan

4750$

The Strategic Buyer

30, Nov 2025 04, Dec 2025

Marrakesh

2950$

The Strategic Buyer

07, Dec 2025 11, Dec 2025

Sharm ElShaikh

2750$

The Strategic Buyer

14, Dec 2025 18, Dec 2025

Doha

3500$

The Strategic Buyer

21, Dec 2025 25, Dec 2025

Casablanca

2950$

The Strategic Buyer

28, Dec 2025 01, Jan 2026

Doha

3500$

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