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Improving the Production Process
Establishing Specification for Purchase
International Purchasing - overview ![]()
Purchasing Assignments - overview
Selecting Suppliers in Purchasing
Capacity Management - overview
Manufacturing Planning & Control - overview ![]()
Material Requirements Planning - overview
Inventory Management - overview
Selecting Suppliers in Purchasing
To get the best sources of supply
To get the best sources of supply for their needs, buyers often make choices from a number of equally eligible sources. An extensive search may be required in order to find a satisfactory supplier or even to develop a new source if needed.
This short course gives you an introduction to the stages in the actual process of source selection.
Objectives:
The purpose of the course is to provide an introduction to the stages in the actual process of source selection required for buying materials, components and services.
Level:
Supplementary, you should have worked in the area for some time.
Objectives:
All our courses are studied over the internet via our e-learning platform Instant education. Read more about the training method here.
Course Length:Approximately 3 hours active study time.
Price:55 EUR / student.
Prices excluding VAT.
For large-scale education projects request quotation.
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Course contents:
Objectives of Purchasing
Purchasing is responsible for establishing the flow of materials into the company together with the suppliers.
Selecting Suppliers
The objective of purchasing is to get all the right things together including the right supplier.
Survey Stage
The original survey of potential sources should overlook no possibilities.
Inquiry Stage
The inquiry stage involves pre-qualification of potential sources.
Sourcing Alternatives
The buyer usually wishes to establish alternative sources for the products that are to be bought.
Number of Suppliers
There is a trend to reduction in number of suppliers.
Factors in Selecting Suppliers
There are several factors in selecting a supplier.
Final Selection of Supplier
Some factors in evaluating potential suppliers are quantitative and others are qualitative.


General Logistics
Lean Production
Purchasing
Production Logistics
Warehouse & Distribution
Economy