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You are here: E-learning / Course Library Premium / Purchasing and Supplier Planning

Purchasing and Supplier Planning

The daily work of purchasing

Why is the roll of the purchasing function becoming increasingly important in today’s society? The course in Purchasing and Supplier Planning focuses on the purchasing aspect of logistics and deals with issues such as supplier contacts.

The course shows how you, as person responsible for daily purchasing decisions, can get a structured grip on the entire purchasing process.

Objectives: The purpose of the course is to provide you with basic knowledge about the purchasing process, methods and tools used to make professional purchases and how to cooperate with suppliers.

Participants: People who are working, or are about to start working with purchasing issues, procurement of material, sales, project management, designing specifications of requirement or have a cost responsibility regarding maintenance and supplier contacts.

Qualifications: Participants should have knowledge in basic logistic principles acquired from previous studies or from work experience.

Training Method: Purchasing and Supplier Planning is a Premium course and is studied over the internet via our e-learning platform Instant education. Read more about the training method E-learning - Premium courses.

Course Length: Approximately 15 hours active study time, depending on previous knowledge. Each student has access to the course for 6 months.

Price: 339 Euro / student
376 USD / student

Prices excluding VAT.
For large-scale education projects request quotation.

Online price:

271 EURO / student
301 USD / student

Prices excluding VAT.

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Course contents:

Part 1

The Logistics Function

Handling flow of materials.

Process and functional thinking

Choosing between effective functions and effective processes.

The Supply Chain

Elements of the supply chain.

The Changing Face of Materials Supply

The interplay in materials supply.

The Materials Supply Function

Description of the materials supply function.

Demand-driven Materials Supply and Production

Production and delivery take place according to actual consumption in the flow of materials.

Roles in the Purchasing Function

The various roles of the purchasing function.

Development of Purchasing Philosophy

Various purchasing philosophies.

Trends Among Industrial Buyers

Description of trends and demands in procurement.

Purchasing Patterns are Changing

The purchasing function at companies is gaining in importance

Number of Suppliers in Purchasing Strategy

The problem of choosing between one or several suppliers per product.

Supplier Relationships

A chain is never stronger than its weakest link can well be applied to cooperation with suppliers.

Part 2

Purchasing – Product types

The various functions of purchasing.

Organization of the Purchasing Function

The purchasing environment and situations affecting the purchasing function.

Driving Forces in the World around a Company

Factors affecting the purcasing function.

Purchasing and Supplier Relationships

Introductory description of the term supplier structure.

Purchasing – Enhancing Efficiency

Enhancing the efficiency in the administrative flow.

Supplier Cooperation

Relationships with suppliers should be considered from a broader perspective than solely as a means to acquire materials.

Simple Procedures and Improved Cooperation

Efforts that are focused on procedures and communication should result in lower costs.

Customer Service Agreements

Description of various elements regarding customer service agreements.

Part 3

Purchasing and Strategies

The company’s resources and competence as basis for purchasing strategies.

The Industrial Market

In the industrial market customers and suppliers are equal partners.

Reasons for Using a Specific Supplier

It is important to understand why a specific supplier is used in order to understand the supplier situation today.

The Industrial Purchasing Process

Description of the purchasing process.

Strategic Purchasing Matrix

Description of a model for structured purchasing.

Purchase Planning of Supplier Evaluation

The work concerning supplier evaluation.

Increased Purchase Frequency

Increased purchase frequency at companies entails reduced purchase quantities per call-off and an increased frequency of delivery.

Geographical Proximity and Purchasing Strategy

Geographical proximity offers many advantages. Buyers prefer close geographical proximity to their suppliers.

Concentration on a Few Suppliers

A reduction of the total amount of suppliers positively affects the possibility to achieve better results quickly.

Delivery Terms

Introduction to delivery clauses and purchase agreements in the distribution chain.

Incoterms

Easier Access

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