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?

 bullet point  What would be the most effective strategy for meeting our business needs?
 bullet point  How can we use data and marketing information to gain insight into price movements?
 bullet point  What price should we pay for a complex material or a finished product and why?
 bullet point  How much should we buy, when should we buy it and what is the risk?
 bullet point  Which supplier has the most appropriate cost drivers to meet our needs?
 bullet point  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:

 bullet point  Experience techniques by which an effective procurement strategy can be designed
 bullet point  Learn to use a structural framework to classify all items of expenditure
 bullet point  Develop a suite of tools and techniques by which this expenditure can be managed more effectively
 bullet point  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

 bullet point  Segmentation, portfolio analysis, supplier preferencing - foundations
 bullet point  Competition and pricing policy, using market information
 bullet point  Cost drivers and cost synthesis supplier conditioning
 bullet point  Risk and risk management, case study - combining learning objectives

Course dates and profiles

24 April 2013
Intelligent Purchasing
25 September 2013
Intelligent Purchasing
 
 
Intelligent Purchasing Profile
Intelligent Purchasing Profile
Denham, UK (Nr. Heathrow)
(PDF 312kb)
Denham, UK (Nr. Heathrow)
(PDF 312kb)

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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