Purchasing & Vendor Management

Overview

Understand the Basics of the Purchasing Process & Develop Strong Vendor Relationships.

At its most basic, purchasing is a transaction involving a buyer and seller. However, it is not as simple as it sounds. It requires execution on multiple fronts such as technical, commercial, legal, WHS, interpersonal and managerial.

In the complex world in which we live, it is essential that individuals with a working knowledge of purchasing and procurement processes are on hand to ensure the process is performed effectively and efficiently to the benefit of all players in the supply chain.

Purchasing and Vendor Management will introduce you to the complexities of supply chain management and help you to understand the basics of the purchasing process and develop strong vendor relationships. You’ll also learn about the competitive bidding process, how to manage supplier performance, risk management techniques, and ways to build relationships.

Topics covered include:

  • An overview of the supply chain and the principles of the purchasing cycle
  • Making Buy or Build Decisions
  • Supplier Sourcing and Evaluation
  • Work Breakdown and Resource Calendar
  • Types of Procurement Contracts
  • Contract Terms and Documents
  • Delivery Terms and chain of responsibility (CoR) obligations
  • Procurement Activities and Documents
  • Basics of Dispute Resolution
  • Earned Value Management
  • Risk Management

Learning Outcomes

  • Define what a supply chain is.
  • Learn the principles of the purchasing cycle.
  • How to make the buy or build decision.
  • Developing criteria for supplier evaluation and create a process of successfully managing a competitive bid.
  • Developing the work breakdown structure and resource calendar.
  • Understand the different types of contracts and identifying the most appropriate one for your business or project needs.
  • Identify the various roles and responsibilities in the Chain of Responsibility and the penalties for non-compliance.
  • Identify and implement the most suitable procurement processes for your organisation or project.
  • Understand the process for dispute resolution in procurement.
  • Calculate earned value.
  • Undertake procurement risk management processes.

Designed For

  • Entrepreneurs and business owners who directly engage in the procurement process.
  • Managers, engineers who assist procurement managers in operations.
  • Project managers, engineers and others supporting procurement in projects.
  • Ideal Size: 6-15 participants.

Course Inclusions…

In-Depth TNA

Our consultants can provide a thorough Training Needs Analysis of your skill needs and learning objectives. We will ensure that we develop the best solution to upskill your team guaranteed.

Program Reports

We provide a range of evaluation methods and options to help you gain the right information and feedback to understand the return of training investment to your team and organisation.

Customisation

All programs can be customised to your desired learning and skill needs. This includes activities and exercises that reflect your daily work practices, tailored content and real world scenarios.

Industry Facilitators

All our Facilitators bring real world experience and come highly recommended in their fields of expertise. We guarantee the right match for your organisation.

Certificate

As a highly respected Australian education brand the CAL Group offers a Certificate of Achievement to acknowledge your professional development journey.

Our Learning Solutions…

Remote Ready

All our programs have remote workplace delivery methods to cater for your specific organisational needs. Our facilitators are highly experienced in Live, Hybrid and Virtual formats.

Adaptable Delivery

Each program can be conducted in a variety of time and delivery formats to suit your staffing needs. Talk to us about how we can best adapt to your training requirements.

Fully Customisable

All training content is tailored to your specific training needs and objectives. This includes using real workplace scenarios for activities and exercises.

Social Learning Integration

With increased remote workplace challenges our workshops inetgrate social learning techniques to develop your team through connecting with each other.