PURCHASING & RESOURCING MANAGEMENT

STUDY AND CAREER DEVELOPMENT   

This Program provides an excellent foundation for a successful career in purchasing, resourcing, buying, quality management and related career areas.  Whether entering the purchasing and supply field for the first time, looking for promotion, or needing to achieve managerial skills, this Program is designed to provide all of the knowledge and understanding needed to achieve these goals.

Whether an enterprise is involved in manufacturing, distribution or providing a service, the function of purchasing or ‘buying’ is a job for trained professionals.  Proficient purchasing can greatly increase the efficiency, competitiveness and profitability of a business; but unwise buying can seriously damage its operations, reputation and profits.  This very practical Program covers the responsibilities and duties of professional buyers, and looks at the importance of policy, quality, supplier relationships and negotiations, and of personnel and planning issues in purchasing management.

SUMMARY OF MAJOR TOPICS COVERED INCLUDE:

• Defining and setting purchasing objectives and resourcing strategy.
• Purchasing policy formulation and its implementation, evaluation and control; the strategic options.
• Logistics and purchasing; just-in-time manufacture and buying processes; distribution channels.
• Purchasing organisations: centralization and decentralization of the function.
• The place of purchasing in the management hierarchy.
• Job structures, job analysis and job specifications for purchasing staff and the department.
• Administration and co-ordination of the purchasing and resourcing role, purchasing performance.
• The concept and role of total quality management, planning, creating and supporting partnerships.
• Purchasing procedures, documentation, records, control systems.
• Information technology and its effects on purchasing and supply, database facilities, using statistics.
• Master production schedules, their uses and control.
• Supplier appraisal, the aims, how appraisal and investigations are undertaken, deciding on suitable suppliers.
• Human resource management in the supply chain: planning, recruitment, training and development, supervision, control.
• Management styles and leadership, motivation, employee relations, discipline, task/relationship.
• Sourcing; matching supply with demand and production needs, materials requirement planning.
• Specifying and assuring quality of supplies; quality control and standards; controlling prices, costs and quality.
• New and potential suppliers, the stages in negotiations, bargaining, win-win outcomes.
• Tendering, forecasting, costing in resourcing, the processes and techniques.
• Buying power and relationships with long-term suppliers, purchasing research, ethical considerations.