Purchasing Techniques, Negotiating and Cost Reduction Course

Develop skills in procurement and cost reduction through effective purchasing techniques. Enroll in this practical training course. BMC Training offers Purchasing Techniques, Negotiating and Cost Reduction Course in Project , Procurement and Contracts Courses.

  • English
  • 198 Training Sessions
  • Confirmed
  • One Week
Purchasing Techniques, Negotiating and Cost Reduction Training Course

Detailed description for visually impaired users: The image presents a view of Purchasing Techniques, Negotiating and Cost Reduction Training Course

Type a city name or a month
Venue Start Date End Date Net Fees Details & Registration
Kuala Lumpur , Malaysia 28 - Apr - 2024 2 - May - 2024 4750 GBP
Rome , Italy 28 - Apr - 2024 2 - May - 2024 7300 GBP
Barcelona , Spain 28 - Apr - 2024 2 - May - 2024 6950 GBP
Zurich , Switzerland 28 - Apr - 2024 2 - May - 2024 7950 GBP
London , UK 7 - Apr - 2024 11 - Apr - 2024 4950 GBP
Madrid , Spain 7 - Apr - 2024 11 - Apr - 2024 6950 GBP
Munich , Germany 7 - Apr - 2024 11 - Apr - 2024 7900 GBP
Berlin , Germany 7 - Apr - 2024 11 - Apr - 2024 7900 GBP
Dubai , UAE 14 - Apr - 2024 18 - Apr - 2024 4987.5 GBP
Paris , France 14 - Apr - 2024 18 - Apr - 2024 6700 GBP
Hong Kong , Hong Kong 14 - Apr - 2024 18 - Apr - 2024 8500 GBP
Istanbul , Turkey 21 - Apr - 2024 25 - Apr - 2024 4700 GBP
Bali , Indonesia 21 - Apr - 2024 25 - Apr - 2024 8100 GBP
Singapore , Singapore 21 - Apr - 2024 25 - Apr - 2024 7500 GBP
Dubai , UAE 28 - Apr - 2024 2 - May - 2024 4987.5 GBP
Paris , France 28 - Apr - 2024 2 - May - 2024 6700 GBP
Hong Kong , Hong Kong 28 - Apr - 2024 2 - May - 2024 8500 GBP
New York , United States 7 - Apr - 2024 11 - Apr - 2024 10900 GBP
Amsterdam , Netherlands 7 - Apr - 2024 11 - Apr - 2024 8100 GBP
Washington , United States 21 - Apr - 2024 25 - Apr - 2024 11000 GBP
London , UK 12 - May - 2024 16 - May - 2024 4950 GBP
Madrid , Spain 12 - May - 2024 16 - May - 2024 6950 GBP
Munich , Germany 12 - May - 2024 16 - May - 2024 7900 GBP
Berlin , Germany 12 - May - 2024 16 - May - 2024 7900 GBP
Istanbul , Turkey 5 - May - 2024 9 - May - 2024 4700 GBP
Bali , Indonesia 5 - May - 2024 9 - May - 2024 8100 GBP
Singapore , Singapore 5 - May - 2024 9 - May - 2024 7500 GBP
Kuala Lumpur , Malaysia 19 - May - 2024 23 - May - 2024 4750 GBP
Rome , Italy 19 - May - 2024 23 - May - 2024 7300 GBP
Barcelona , Spain 19 - May - 2024 23 - May - 2024 6950 GBP
Zurich , Switzerland 19 - May - 2024 23 - May - 2024 7950 GBP
Dubai , UAE 26 - May - 2024 30 - May - 2024 4987.5 GBP
Paris , France 26 - May - 2024 30 - May - 2024 6700 GBP
Hong Kong , Hong Kong 26 - May - 2024 30 - May - 2024 8500 GBP
London , UK 5 - May - 2024 9 - May - 2024 4950 GBP
Madrid , Spain 5 - May - 2024 9 - May - 2024 6950 GBP
Munich , Germany 5 - May - 2024 9 - May - 2024 7900 GBP
Berlin , Germany 5 - May - 2024 9 - May - 2024 7900 GBP
New York , United States 12 - May - 2024 16 - May - 2024 10900 GBP
Amsterdam , Netherlands 12 - May - 2024 16 - May - 2024 8100 GBP
Washington , United States 5 - May - 2024 9 - May - 2024 11000 GBP
New York , United States 5 - May - 2024 9 - May - 2024 10900 GBP
Amsterdam , Netherlands 5 - May - 2024 9 - May - 2024 8100 GBP
Kuala Lumpur , Malaysia 9 - Jun - 2024 13 - Jun - 2024 4750 GBP
Rome , Italy 9 - Jun - 2024 13 - Jun - 2024 7300 GBP
Barcelona , Spain 9 - Jun - 2024 13 - Jun - 2024 6950 GBP
Zurich , Switzerland 9 - Jun - 2024 13 - Jun - 2024 7950 GBP
London , UK 16 - Jun - 2024 20 - Jun - 2024 4950 GBP
Madrid , Spain 16 - Jun - 2024 20 - Jun - 2024 6950 GBP
Munich , Germany 16 - Jun - 2024 20 - Jun - 2024 7900 GBP
Berlin , Germany 16 - Jun - 2024 20 - Jun - 2024 7900 GBP
Dubai , UAE 23 - Jun - 2024 27 - Jun - 2024 4987.5 GBP
Paris , France 23 - Jun - 2024 27 - Jun - 2024 6700 GBP
Hong Kong , Hong Kong 23 - Jun - 2024 27 - Jun - 2024 8500 GBP
Istanbul , Turkey 2 - Jun - 2024 6 - Jun - 2024 4700 GBP
Bali , Indonesia 2 - Jun - 2024 6 - Jun - 2024 8100 GBP
Singapore , Singapore 2 - Jun - 2024 6 - Jun - 2024 7500 GBP
Dubai , UAE 9 - Jun - 2024 13 - Jun - 2024 4987.5 GBP
Paris , France 9 - Jun - 2024 13 - Jun - 2024 6700 GBP
Hong Kong , Hong Kong 9 - Jun - 2024 13 - Jun - 2024 8500 GBP
New York , United States 16 - Jun - 2024 20 - Jun - 2024 10900 GBP
Amsterdam , Netherlands 16 - Jun - 2024 20 - Jun - 2024 8100 GBP
Washington , United States 2 - Jun - 2024 6 - Jun - 2024 11000 GBP
London , UK 7 - Jul - 2024 11 - Jul - 2024 4950 GBP
Madrid , Spain 7 - Jul - 2024 11 - Jul - 2024 6950 GBP
Munich , Germany 7 - Jul - 2024 11 - Jul - 2024 7900 GBP
Berlin , Germany 7 - Jul - 2024 11 - Jul - 2024 7900 GBP
Istanbul , Turkey 14 - Jul - 2024 18 - Jul - 2024 4700 GBP
Bali , Indonesia 14 - Jul - 2024 18 - Jul - 2024 8100 GBP
Singapore , Singapore 14 - Jul - 2024 18 - Jul - 2024 7500 GBP
Istanbul , Turkey 21 - Jul - 2024 25 - Jul - 2024 4700 GBP
Bali , Indonesia 21 - Jul - 2024 25 - Jul - 2024 8100 GBP
Singapore , Singapore 21 - Jul - 2024 25 - Jul - 2024 7500 GBP
Dubai , UAE 28 - Jul - 2024 1 - Aug - 2024 4987.5 GBP
Paris , France 28 - Jul - 2024 1 - Aug - 2024 6700 GBP
Hong Kong , Hong Kong 28 - Jul - 2024 1 - Aug - 2024 8500 GBP
London , UK 14 - Jul - 2024 18 - Jul - 2024 4950 GBP
Madrid , Spain 14 - Jul - 2024 18 - Jul - 2024 6950 GBP
Munich , Germany 14 - Jul - 2024 18 - Jul - 2024 7900 GBP
Berlin , Germany 14 - Jul - 2024 18 - Jul - 2024 7900 GBP
London , UK 21 - Jul - 2024 25 - Jul - 2024 4950 GBP
Madrid , Spain 21 - Jul - 2024 25 - Jul - 2024 6950 GBP
Munich , Germany 21 - Jul - 2024 25 - Jul - 2024 7900 GBP
Berlin , Germany 21 - Jul - 2024 25 - Jul - 2024 7900 GBP
New York , United States 7 - Jul - 2024 11 - Jul - 2024 10900 GBP
Amsterdam , Netherlands 7 - Jul - 2024 11 - Jul - 2024 8100 GBP
Washington , United States 14 - Jul - 2024 18 - Jul - 2024 11000 GBP
Washington , United States 21 - Jul - 2024 25 - Jul - 2024 11000 GBP
New York , United States 14 - Jul - 2024 18 - Jul - 2024 10900 GBP
Amsterdam , Netherlands 14 - Jul - 2024 18 - Jul - 2024 8100 GBP
New York , United States 21 - Jul - 2024 25 - Jul - 2024 10900 GBP
Amsterdam , Netherlands 21 - Jul - 2024 25 - Jul - 2024 8100 GBP
Kuala Lumpur , Malaysia 4 - Aug - 2024 8 - Aug - 2024 4750 GBP
Rome , Italy 4 - Aug - 2024 8 - Aug - 2024 7300 GBP
Barcelona , Spain 4 - Aug - 2024 8 - Aug - 2024 6950 GBP
Zurich , Switzerland 4 - Aug - 2024 8 - Aug - 2024 7950 GBP
London , UK 11 - Aug - 2024 15 - Aug - 2024 4950 GBP
Madrid , Spain 11 - Aug - 2024 15 - Aug - 2024 6950 GBP
Munich , Germany 11 - Aug - 2024 15 - Aug - 2024 7900 GBP
Berlin , Germany 11 - Aug - 2024 15 - Aug - 2024 7900 GBP
Dubai , UAE 18 - Aug - 2024 22 - Aug - 2024 4987.5 GBP
Paris , France 18 - Aug - 2024 22 - Aug - 2024 6700 GBP
Hong Kong , Hong Kong 18 - Aug - 2024 22 - Aug - 2024 8500 GBP
Istanbul , Turkey 25 - Aug - 2024 29 - Aug - 2024 4700 GBP
Bali , Indonesia 25 - Aug - 2024 29 - Aug - 2024 8100 GBP
Singapore , Singapore 25 - Aug - 2024 29 - Aug - 2024 7500 GBP
Dubai , UAE 4 - Aug - 2024 8 - Aug - 2024 4987.5 GBP
Paris , France 4 - Aug - 2024 8 - Aug - 2024 6700 GBP
Hong Kong , Hong Kong 4 - Aug - 2024 8 - Aug - 2024 8500 GBP
New York , United States 11 - Aug - 2024 15 - Aug - 2024 10900 GBP
Amsterdam , Netherlands 11 - Aug - 2024 15 - Aug - 2024 8100 GBP
Washington , United States 25 - Aug - 2024 29 - Aug - 2024 11000 GBP
London , UK 22 - Sep - 2024 26 - Sep - 2024 4950 GBP
Madrid , Spain 22 - Sep - 2024 26 - Sep - 2024 6950 GBP
Munich , Germany 22 - Sep - 2024 26 - Sep - 2024 7900 GBP
Berlin , Germany 22 - Sep - 2024 26 - Sep - 2024 7900 GBP
Istanbul , Turkey 1 - Sep - 2024 5 - Sep - 2024 4700 GBP
Bali , Indonesia 1 - Sep - 2024 5 - Sep - 2024 8100 GBP
Singapore , Singapore 1 - Sep - 2024 5 - Sep - 2024 7500 GBP
Kuala Lumpur , Malaysia 8 - Sep - 2024 12 - Sep - 2024 4750 GBP
Rome , Italy 8 - Sep - 2024 12 - Sep - 2024 7300 GBP
Barcelona , Spain 8 - Sep - 2024 12 - Sep - 2024 6950 GBP
Zurich , Switzerland 8 - Sep - 2024 12 - Sep - 2024 7950 GBP
Dubai , UAE 15 - Sep - 2024 19 - Sep - 2024 4987.5 GBP
Paris , France 15 - Sep - 2024 19 - Sep - 2024 6700 GBP
Hong Kong , Hong Kong 15 - Sep - 2024 19 - Sep - 2024 8500 GBP
London , UK 1 - Sep - 2024 5 - Sep - 2024 4950 GBP
Madrid , Spain 1 - Sep - 2024 5 - Sep - 2024 6950 GBP
Munich , Germany 1 - Sep - 2024 5 - Sep - 2024 7900 GBP
Berlin , Germany 1 - Sep - 2024 5 - Sep - 2024 7900 GBP
New York , United States 22 - Sep - 2024 26 - Sep - 2024 10900 GBP
Amsterdam , Netherlands 22 - Sep - 2024 26 - Sep - 2024 8100 GBP
Washington , United States 1 - Sep - 2024 5 - Sep - 2024 11000 GBP
New York , United States 1 - Sep - 2024 5 - Sep - 2024 10900 GBP
Amsterdam , Netherlands 1 - Sep - 2024 5 - Sep - 2024 8100 GBP
Kuala Lumpur , Malaysia 20 - Oct - 2024 24 - Oct - 2024 4750 GBP
Rome , Italy 20 - Oct - 2024 24 - Oct - 2024 7300 GBP
Barcelona , Spain 20 - Oct - 2024 24 - Oct - 2024 6950 GBP
Zurich , Switzerland 20 - Oct - 2024 24 - Oct - 2024 7950 GBP
London , UK 27 - Oct - 2024 31 - Oct - 2024 4950 GBP
Madrid , Spain 27 - Oct - 2024 31 - Oct - 2024 6950 GBP
Munich , Germany 27 - Oct - 2024 31 - Oct - 2024 7900 GBP
Berlin , Germany 27 - Oct - 2024 31 - Oct - 2024 7900 GBP
Dubai , UAE 6 - Oct - 2024 10 - Oct - 2024 4987.5 GBP
Paris , France 6 - Oct - 2024 10 - Oct - 2024 6700 GBP
Hong Kong , Hong Kong 6 - Oct - 2024 10 - Oct - 2024 8500 GBP
Istanbul , Turkey 13 - Oct - 2024 17 - Oct - 2024 4700 GBP
Bali , Indonesia 13 - Oct - 2024 17 - Oct - 2024 8100 GBP
Singapore , Singapore 13 - Oct - 2024 17 - Oct - 2024 7500 GBP
Dubai , UAE 20 - Oct - 2024 24 - Oct - 2024 4987.5 GBP
Paris , France 20 - Oct - 2024 24 - Oct - 2024 6700 GBP
Hong Kong , Hong Kong 20 - Oct - 2024 24 - Oct - 2024 8500 GBP
New York , United States 27 - Oct - 2024 31 - Oct - 2024 10900 GBP
Amsterdam , Netherlands 27 - Oct - 2024 31 - Oct - 2024 8100 GBP
Washington , United States 13 - Oct - 2024 17 - Oct - 2024 11000 GBP
London , UK 17 - Nov - 2024 21 - Nov - 2024 4950 GBP
Madrid , Spain 17 - Nov - 2024 21 - Nov - 2024 6950 GBP
Munich , Germany 17 - Nov - 2024 21 - Nov - 2024 7900 GBP
Berlin , Germany 17 - Nov - 2024 21 - Nov - 2024 7900 GBP
Istanbul , Turkey 24 - Nov - 2024 28 - Nov - 2024 4700 GBP
Bali , Indonesia 24 - Nov - 2024 28 - Nov - 2024 8100 GBP
Singapore , Singapore 24 - Nov - 2024 28 - Nov - 2024 7500 GBP
Kuala Lumpur , Malaysia 3 - Nov - 2024 7 - Nov - 2024 4750 GBP
Rome , Italy 3 - Nov - 2024 7 - Nov - 2024 7300 GBP
Barcelona , Spain 3 - Nov - 2024 7 - Nov - 2024 6950 GBP
Zurich , Switzerland 3 - Nov - 2024 7 - Nov - 2024 7950 GBP
Dubai , UAE 10 - Nov - 2024 14 - Nov - 2024 4987.5 GBP
Paris , France 10 - Nov - 2024 14 - Nov - 2024 6700 GBP
Hong Kong , Hong Kong 10 - Nov - 2024 14 - Nov - 2024 8500 GBP
London , UK 24 - Nov - 2024 28 - Nov - 2024 4950 GBP
Madrid , Spain 24 - Nov - 2024 28 - Nov - 2024 6950 GBP
Munich , Germany 24 - Nov - 2024 28 - Nov - 2024 7900 GBP
Berlin , Germany 24 - Nov - 2024 28 - Nov - 2024 7900 GBP
New York , United States 17 - Nov - 2024 21 - Nov - 2024 10900 GBP
Amsterdam , Netherlands 17 - Nov - 2024 21 - Nov - 2024 8100 GBP
Washington , United States 24 - Nov - 2024 28 - Nov - 2024 11000 GBP
New York , United States 24 - Nov - 2024 28 - Nov - 2024 10900 GBP
Amsterdam , Netherlands 24 - Nov - 2024 28 - Nov - 2024 8100 GBP
Kuala Lumpur , Malaysia 15 - Dec - 2024 19 - Dec - 2024 4750 GBP
Rome , Italy 15 - Dec - 2024 19 - Dec - 2024 7300 GBP
Barcelona , Spain 15 - Dec - 2024 19 - Dec - 2024 6950 GBP
Zurich , Switzerland 15 - Dec - 2024 19 - Dec - 2024 7950 GBP
London , UK 22 - Dec - 2024 26 - Dec - 2024 4950 GBP
Madrid , Spain 22 - Dec - 2024 26 - Dec - 2024 6950 GBP
Munich , Germany 22 - Dec - 2024 26 - Dec - 2024 7900 GBP
Berlin , Germany 22 - Dec - 2024 26 - Dec - 2024 7900 GBP
Dubai , UAE 8 - Dec - 2024 12 - Dec - 2024 4987.5 GBP
Paris , France 8 - Dec - 2024 12 - Dec - 2024 6700 GBP
Hong Kong , Hong Kong 8 - Dec - 2024 12 - Dec - 2024 8500 GBP
Istanbul , Turkey 1 - Dec - 2024 5 - Dec - 2024 4700 GBP
Bali , Indonesia 1 - Dec - 2024 5 - Dec - 2024 8100 GBP
Singapore , Singapore 1 - Dec - 2024 5 - Dec - 2024 7500 GBP
Dubai , UAE 15 - Dec - 2024 19 - Dec - 2024 4987.5 GBP
Paris , France 15 - Dec - 2024 19 - Dec - 2024 6700 GBP
Hong Kong , Hong Kong 15 - Dec - 2024 19 - Dec - 2024 8500 GBP
New York , United States 22 - Dec - 2024 26 - Dec - 2024 10900 GBP
Amsterdam , Netherlands 22 - Dec - 2024 26 - Dec - 2024 8100 GBP
Washington , United States 1 - Dec - 2024 5 - Dec - 2024 11000 GBP

Course Syllabus

Introduction

This course will examine an organization’s revenue that is spent on goods and services - everything from raw materials to spares and stocks. Hence, when the goal is to increase earnings by lowering costs, world-class organizations look closely at their purchasing strategies.

Success in purchasing is dependent not only on an awareness of the potential opportunities, but more importantly, and the focus of this course, is the knowledgeable implementation of the methods, processes, and techniques that should be utilized in order to become a leader in obtaining real supply management savings through negotiations and understanding cost reduction

This course will feature:

  • How to be  world class in cost reductions
  • Processes for developing purchase price index
  • How to evaluate supplier prices
  • The importance of planning in successful negotiations
  • Approaches in negotiations

Objectives

  • Examine the key features in spend profiles
  • Evaluating costing reduction opportunities
  • Understanding supplier pricing structures
  • Apply purchasing strategic plans
  • Develop common approaches in planning for negotiations

Content

Day One

Continuous Improvement in Cost and Productivity

  • How do other functions view purchasing
  • A Purchasing Savings Model
  • Total Cost of Ownership Models
  • Cost Reduction Initiatives
  • Establishing a Strategic Focus with Pareto Analysis on Cost
  • Modern Methods of Analyzing the Spend

Day Two

Defining Cost Reduction Opportunities

  • Developing Company Purchase Price Index and Comparing to External Indexes
  • Understanding of Supply Marketplace and how Suppliers Price
  • Benchmarking best practices in Cost Reduction
  • Resisting Price Increases
  • Supplier Performance Measurement
  • Cost Saving Methods

Day Three

Methods of Price Evaluation

  • Price Justification
  • Methods of Price Analysis
  • The Competition that leads to price reduction and evaluation
  • Methods of Cost Analysis
  • Breaking down the Elements of Cost
  • Developing "Should Cost"

Day Four

Successful Negotiations

  • Negotiation Skill Sets
  • Steps in Negotiation Preparation
  • Methods of Persuasion
  • What Does Win/Win Really Mean?
  • Determining the Issues
  • Rating & Valuing Issues

Day Five

Determining Strengths and Weaknesses

  • Know Your  Better Alternatives to Negotiated Agreements (BATNA)
  • Analyzing The Other Side
  • Negotiation Objectives Diagram
  • Prepare the Negotiation Team
  • Tips for the Actual Negotiation
  • Participants will negotiate model cases & discuss the results to provide an opportunity for hands on experience

Related Courses

PPC37

Warehouse Management - Strategy, Implementation and Control Course

Acquire strategies for warehouse management, implementation, and control. Join this training course to enhance supply chain efficiency.
PPC10

Project Scheduling and Planning Skills Course

Develop the skills to create effective project schedules and plans. Enroll in this training course to boost your project management expertise.
PPC15

Project Scheduling and Cost Planning Skills Course

Master the skills to create comprehensive project schedules and cost plans for successful project execution.
PPC13

Project Cost Estimating Skills Course

Learn effective project cost estimation techniques to enhance your budgeting and planning skills in this practical training course.
PPC5

Bootcamp for Project Management Professionals Course

Take your project management skills to the next level in this intensive bootcamp designed for professionals.
PPC20

Negotiating, Drafting and Understanding Contracts Course

Gain a comprehensive understanding of contract negotiation, drafting, and interpretation. Enroll in this training course for expert insights.