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Fundamentals of Purchasing: The Building Blocks of World-Class Professionalism

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Seminar #4528
September 25 - 27, 2012
Tempe, AZ

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Overview

This program begins with the key concepts underlying a world-class purchasing and supply organization and moves through leading-edge issues, including e-commerce. Through a variety of interactive methods, participants will discover innovative techniques and effective tools to become a valuable asset to their organizations. Leave this seminar with confidence in your newly acquired skills to effectively perform your job.

Be Sure to Bring Your Calculator

This seminar will take place at ISM's Headquarters in Tempe, Arizona.

Who Should Attend

For new purchasing and supply management professionals; experienced professionals wishing to refresh and update their skills; and personnel who interface with purchasers or suppliers.

You Will Learn...
  • Developments in Purchasing and Supply Management — Key terms and definitions; Purchasing's contribution to corporate strategy and value creation; Sustainability and social responsibility; The essential role of purchasing and supply; How to identify objectives for effectiveness
  • Five Perspectives on Evaluating and Redesigning the Supply Management Process — Streamlining tasks to focus on value-add activities; Using technology tools to enhance purchasing's contribution; Tools for increasing acquisition process efficiency and value; Managing small-dollar buys; Risk management
  • Three Strategic Sourcing and Sourcing Analysis Methods — Sourcing strategies for different categories of purchases; Sourcing analysis methods; Commodity and category management
  • Supplier Management Skills — When, where and how to use RFIs, RFQs, RFPs and competitive bidding; Approaches to supplier identification, evaluation, selection and performance measurement; Managing supplier relations; Implications for quality and cost management
  • Four Key Elements of Negotiation — The what, when and why of negotiations; Negotiation philosophies and styles; Preparing for and conducting negotiations; Strategy development and tactics
  • Five Essential Cost Management Techniques — Steps in price and cost analysis; Identifying and estimating cost elements; Basic cost analysis applications; Market and pricing issues; Process mapping to locate cost drivers
  • Ethical and Legal Aspects of Supply Management — Ethics and ethical behavior defined; Contract law and the Uniform Commercial Code (UCC); Patents and trademarks; Law of agency; Basic types of contracts; Elements of contract formation

ISM HEADQUARTERS ADDRESS:
2055 East Centennial Circle
Tempe, Arizona 85284
800/888-6276

NOTE: In order to keep this low price, transportation to and from ISM headquarters is NOT provided.

© Copyright ISM 2012

You Will Earn...

21 continuing education hours


If you would like to bring this seminar onsite to your organization, please click here.

Hotel Information

HOTELS: Please book any hotel of your choice. Two hotels near ISM are:

Embassy Suites Tempe
4400 South Rural Road
Tempe, Arizona, 85282
480/897-7444

Hilton Phoenix/Chandler
2929 West Frye Road
Chandler, Arizona 85224
480/899-7400

In order to ensure maximum participation interaction and learning, enrollment is limited.

Seminar Hours:
2-Day Seminars
First Day: 8:30 a.m. - 4:30 p.m.
Second Day: 8:30 a.m. - 4:00 p.m.

3-Day Seminars
First Day: 8:30 a.m. - 4:30 p.m.
Second Day: 8:30 a.m. - 4:30 p.m.
Third Day: 8:30 a.m. - 4:00 p.m.

One-Day Seminars:       8:30 a.m. - 4:30 p.m.

Please be sure to read all Seminar Registration Information prior to registering for a course.


If this scheduled date for this seminar does not meet your needs, you can search for other available seminars.

Seminar #4528 Regular Price Member Price
Cost: $999.00 $699.00
 
Early Bird*: -$0.00 -$0.00
 
Total: $999.00 $699.00
 
Save $300.00 (30%) by joining ISM. Click here to join now.

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* This event does not have early bird pricing.

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