Negotiation Workshop As a buyer, you’ll need to communicate with suppliers on a variety of issues. The success or failure of the deal is determined by your ability to bargain effectively with your suppliers. To get the most out of your suppliers, you’ll need to remember a few negotiation concepts. Negotiation is the process through […]
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Sourcing Workshop To choose the best product or service for a specific area of expenditure, a sourcing or tender procedure is utilized. Unfortunately, many of these processes are not well-run, resulting in missed savings possibilities, poor-quality product delivery, or unfavorable terms. The procurement professional’s responsibility when contesting requirements is included in the sourcing competency. How
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Inventory Control Workshop Inventory control is the act of ensuring that an organization keeps the right amount of stock on hand to meet consumer demand while keeping inventory expenses low. This course will teach you about inventory classification and tactics for keeping the right amount of finished items and components on hand. Understand how to
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Supply-Chain Basics Workshop supply chain management (SCM) is the system that links and unifies the sourcing, procurement, conversion, and logistics management processes. This course provides a detailed overview of all of the links in the typical supply chain. what is involved in Demand and Supply planning, inventory control, what you need to consider when deciding
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