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Enabling Positive Impact
Optimizing Purchasing Practices
Price
€ 19,99
This course will help you understand efficient purchasing processes, including supplier selection, cost management, negotiation strategies, and collaboration.
You will learn about balancing cost, quality, and timely delivery in procurement, building strong buyer-supplier relationships, and using strategic sourcing to improve operational efficiency.
The course also covers supply chain mapping and vendor evaluation to ensure better decision-making and long-term partnerships.
Course Outline
- Duration: 30-35 minutes
- In-depth knowledge of Optimizing Purchasing Practices
- Key components of efficient purchasing practices
- Supplier selection and evaluation
- Cost analysis and budgeting
- Negotiation and contract management
- Technology and automation
- Inventory management
- Collaboration and Communication
- Consequences of inefficient Purchasing Practices
- Supply chain mapping
- Key components of efficient purchasing practices
- Importance of cost, quality, and timely delivery in procurement
- Strategic sourcing in procurement
- Buyer-Supplier relationship
- Case Studies on different procurement scenarios
- 10 Self-Check Assessments
- Certificate upon course completion
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