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Intelligent Purchasing
Mintec Category Outlook Reports
"The course made me understand the importance of gaining as much knowledge as possible about what I am buyng in terms of product, supplier, supply chain to help ensure we are buying effectively and dealing with the right suppliers for our business." - Intellegent Purchasing Delegate.
The foundation of Mintec's training program is Intelligent Purchasing. Our core objective is to furnish purchasing professionals with a set of advanced skills to enable the effective procurement of goods and services.
When you are poring over your purchase requirements have you ever asked yourself the following questions?
What would be the most effective strategy for meeting our business needs?
How can we use data and marketing information to gain insight into price movements?
What price should we pay for a complex material or a finished product and why?
How much should we buy, when should we buy it and what is the risk?
Which supplier has the most appropriate cost drivers to meet our needs?
If all of these are achieved what will be the outcome for our business?
Using a fictitious sandwich company, Brain Food Ltd, delegates will use the practical approaches and techniques taught in the course to develop their experience and reach their objectives.
During the event delegates will:
Experience techniques by which an effective procurement strategy can be designed
Learn to use a structural framework to classify all items of expenditure
Develop a suite of tools and techniques by which this expenditure can be managed more effectively
Explore a framework to identify supplier behaviours and the techniques by which value can be obtained
This practical and stimulating foundation course has been designed by purchasing directors and commodity experts with feedback from some of the world’s most respected blue chip food companies. It is aimed at senior decision-makers in the purchasing and commercial sectors.
Course duration
The course is scheduled to last 1.5 days.
Course objectives
Segmentation, portfolio analysis, supplier preferencing - foundations
Competition and pricing policy, using market information
Cost drivers and cost synthesis supplier conditioning
Risk and risk management, case study - combining learning objectives
Course dates and profiles
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Click here to download a booking form or call Mintec Training on +44 (0)1628 851313
Testimonials
Comments from past delegates testify to the value of the course
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