The Complete Course on Purchasing and Inventory Management Course

Comprehensive training on purchasing and inventory management. Acquire skills for effective supply chain control and optimization. BMC Training offers The Complete Course on Purchasing and Inventory Management Course in Project , Procurement and Contracts Courses.

  • English
  • 199 Training Sessions
  • Confirmed
  • Two Weeks
The Complete Course on Purchasing and Inventory Management Training Course

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Type a city name or a month
Venue Start Date End Date Net Fees Details & Registration
Istanbul , Turkey 25 - May - 2025 5 - Jun - 2025 9400 GBP
Bali , Indonesia 25 - May - 2025 5 - Jun - 2025 16200 GBP
Singapore , Singapore 25 - May - 2025 5 - Jun - 2025 15000 GBP
Washington , United States 25 - May - 2025 5 - Jun - 2025 22000 GBP
Taipei , Taiwan 25 - May - 2025 5 - Jun - 2025 18600 GBP
Dubai , UAE 8 - Jun - 2025 19 - Jun - 2025 9737.5 GBP
Paris , France 8 - Jun - 2025 19 - Jun - 2025 13400 GBP
Hong Kong , Hong Kong 8 - Jun - 2025 19 - Jun - 2025 17000 GBP
Tokyo , Japan 8 - Jun - 2025 19 - Jun - 2025 19500 GBP
Kuala Lumpur , Malaysia 15 - Jun - 2025 26 - Jun - 2025 9500 GBP
Rome , Italy 15 - Jun - 2025 26 - Jun - 2025 14600 GBP
Barcelona , Spain 15 - Jun - 2025 26 - Jun - 2025 13900 GBP
Zurich , Switzerland 15 - Jun - 2025 26 - Jun - 2025 15900 GBP
Istanbul , Turkey 22 - Jun - 2025 3 - Jul - 2025 9400 GBP
Bali , Indonesia 22 - Jun - 2025 3 - Jul - 2025 16200 GBP
Singapore , Singapore 22 - Jun - 2025 3 - Jul - 2025 15000 GBP
Washington , United States 22 - Jun - 2025 3 - Jul - 2025 22000 GBP
London , UK 1 - Jun - 2025 12 - Jun - 2025 9900 GBP
Madrid , Spain 1 - Jun - 2025 12 - Jun - 2025 13900 GBP
Munich , Germany 1 - Jun - 2025 12 - Jun - 2025 15800 GBP
Berlin , Germany 1 - Jun - 2025 12 - Jun - 2025 15800 GBP
New York , United States 1 - Jun - 2025 12 - Jun - 2025 21800 GBP
Amsterdam , Netherlands 1 - Jun - 2025 12 - Jun - 2025 16200 GBP
Milan , Italy 1 - Jun - 2025 12 - Jun - 2025 13900 GBP
Geneva , Switzerland 8 - Jun - 2025 19 - Jun - 2025 17900 GBP
Sydney , Australia 15 - Jun - 2025 26 - Jun - 2025 21800 GBP
Interlaken , Switzerland 15 - Jun - 2025 26 - Jun - 2025 17900 GBP
Taipei , Taiwan 22 - Jun - 2025 3 - Jul - 2025 18600 GBP
Paris , France 6 - Jul - 2025 17 - Jul - 2025 13400 GBP
Hong Kong , Hong Kong 6 - Jul - 2025 17 - Jul - 2025 17000 GBP
Dubai , UAE 6 - Jul - 2025 17 - Jul - 2025 9737.5 GBP
Tokyo , Japan 6 - Jul - 2025 17 - Jul - 2025 19500 GBP
London , UK 13 - Jul - 2025 24 - Jul - 2025 9900 GBP
Madrid , Spain 13 - Jul - 2025 24 - Jul - 2025 13900 GBP
Munich , Germany 13 - Jul - 2025 24 - Jul - 2025 15800 GBP
Berlin , Germany 13 - Jul - 2025 24 - Jul - 2025 15800 GBP
New York , United States 13 - Jul - 2025 24 - Jul - 2025 21800 GBP
Amsterdam , Netherlands 13 - Jul - 2025 24 - Jul - 2025 16200 GBP
Milan , Italy 13 - Jul - 2025 24 - Jul - 2025 13900 GBP
Kuala Lumpur , Malaysia 20 - Jul - 2025 31 - Jul - 2025 9500 GBP
Rome , Italy 20 - Jul - 2025 31 - Jul - 2025 14600 GBP
Barcelona , Spain 20 - Jul - 2025 31 - Jul - 2025 13900 GBP
Zurich , Switzerland 20 - Jul - 2025 31 - Jul - 2025 15900 GBP
Istanbul , Turkey 27 - Jul - 2025 7 - Aug - 2025 9400 GBP
Bali , Indonesia 27 - Jul - 2025 7 - Aug - 2025 16200 GBP
Singapore , Singapore 27 - Jul - 2025 7 - Aug - 2025 15000 GBP
Washington , United States 27 - Jul - 2025 7 - Aug - 2025 22000 GBP
Istanbul , Turkey 6 - Jul - 2025 17 - Jul - 2025 9400 GBP
Bali , Indonesia 6 - Jul - 2025 17 - Jul - 2025 16200 GBP
Singapore , Singapore 6 - Jul - 2025 17 - Jul - 2025 15000 GBP
Washington , United States 6 - Jul - 2025 17 - Jul - 2025 22000 GBP
Kuala Lumpur , Malaysia 13 - Jul - 2025 24 - Jul - 2025 9500 GBP
Rome , Italy 13 - Jul - 2025 24 - Jul - 2025 14600 GBP
Barcelona , Spain 13 - Jul - 2025 24 - Jul - 2025 13900 GBP
Zurich , Switzerland 13 - Jul - 2025 24 - Jul - 2025 15900 GBP
Geneva , Switzerland 6 - Jul - 2025 17 - Jul - 2025 17900 GBP
Sydney , Australia 20 - Jul - 2025 31 - Jul - 2025 21800 GBP
Interlaken , Switzerland 20 - Jul - 2025 31 - Jul - 2025 17900 GBP
Taipei , Taiwan 27 - Jul - 2025 7 - Aug - 2025 18600 GBP
Taipei , Taiwan 6 - Jul - 2025 17 - Jul - 2025 18600 GBP
Sydney , Australia 13 - Jul - 2025 24 - Jul - 2025 21800 GBP
Interlaken , Switzerland 13 - Jul - 2025 24 - Jul - 2025 17900 GBP
Dubai , UAE 3 - Aug - 2025 14 - Aug - 2025 9737.5 GBP
Paris , France 3 - Aug - 2025 14 - Aug - 2025 13400 GBP
Hong Kong , Hong Kong 3 - Aug - 2025 14 - Aug - 2025 17000 GBP
Tokyo , Japan 3 - Aug - 2025 14 - Aug - 2025 19500 GBP
Kuala Lumpur , Malaysia 10 - Aug - 2025 21 - Aug - 2025 9500 GBP
Rome , Italy 10 - Aug - 2025 21 - Aug - 2025 14600 GBP
Barcelona , Spain 10 - Aug - 2025 21 - Aug - 2025 13900 GBP
Zurich , Switzerland 10 - Aug - 2025 21 - Aug - 2025 15900 GBP
Istanbul , Turkey 17 - Aug - 2025 28 - Aug - 2025 9400 GBP
Bali , Indonesia 17 - Aug - 2025 28 - Aug - 2025 16200 GBP
Singapore , Singapore 17 - Aug - 2025 28 - Aug - 2025 15000 GBP
Washington , United States 17 - Aug - 2025 28 - Aug - 2025 22000 GBP
London , UK 24 - Aug - 2025 4 - Sep - 2025 9900 GBP
Madrid , Spain 24 - Aug - 2025 4 - Sep - 2025 13900 GBP
Munich , Germany 24 - Aug - 2025 4 - Sep - 2025 15800 GBP
Berlin , Germany 24 - Aug - 2025 4 - Sep - 2025 15800 GBP
New York , United States 24 - Aug - 2025 4 - Sep - 2025 21800 GBP
Amsterdam , Netherlands 24 - Aug - 2025 4 - Sep - 2025 16200 GBP
Milan , Italy 24 - Aug - 2025 4 - Sep - 2025 13900 GBP
Geneva , Switzerland 3 - Aug - 2025 14 - Aug - 2025 17900 GBP
Sydney , Australia 10 - Aug - 2025 21 - Aug - 2025 21800 GBP
Interlaken , Switzerland 10 - Aug - 2025 21 - Aug - 2025 17900 GBP
Taipei , Taiwan 17 - Aug - 2025 28 - Aug - 2025 18600 GBP
Dubai , UAE 28 - Sep - 2025 9 - Oct - 2025 9737.5 GBP
Paris , France 28 - Sep - 2025 9 - Oct - 2025 13400 GBP
Hong Kong , Hong Kong 28 - Sep - 2025 9 - Oct - 2025 17000 GBP
Tokyo , Japan 28 - Sep - 2025 9 - Oct - 2025 19500 GBP
London , UK 7 - Sep - 2025 18 - Sep - 2025 9900 GBP
Madrid , Spain 7 - Sep - 2025 18 - Sep - 2025 13900 GBP
Munich , Germany 7 - Sep - 2025 18 - Sep - 2025 15800 GBP
Berlin , Germany 7 - Sep - 2025 18 - Sep - 2025 15800 GBP
New York , United States 7 - Sep - 2025 18 - Sep - 2025 21800 GBP
Amsterdam , Netherlands 7 - Sep - 2025 18 - Sep - 2025 16200 GBP
Milan , Italy 7 - Sep - 2025 18 - Sep - 2025 13900 GBP
Kuala Lumpur , Malaysia 14 - Sep - 2025 25 - Sep - 2025 9500 GBP
Rome , Italy 14 - Sep - 2025 25 - Sep - 2025 14600 GBP
Barcelona , Spain 14 - Sep - 2025 25 - Sep - 2025 13900 GBP
Zurich , Switzerland 14 - Sep - 2025 25 - Sep - 2025 15900 GBP
Istanbul , Turkey 21 - Sep - 2025 2 - Oct - 2025 9400 GBP
Bali , Indonesia 21 - Sep - 2025 2 - Oct - 2025 16200 GBP
Singapore , Singapore 21 - Sep - 2025 2 - Oct - 2025 15000 GBP
Washington , United States 21 - Sep - 2025 2 - Oct - 2025 22000 GBP
Istanbul , Turkey 28 - Sep - 2025 9 - Oct - 2025 9400 GBP
Bali , Indonesia 28 - Sep - 2025 9 - Oct - 2025 16200 GBP
Singapore , Singapore 28 - Sep - 2025 9 - Oct - 2025 15000 GBP
Washington , United States 28 - Sep - 2025 9 - Oct - 2025 22000 GBP
Kuala Lumpur , Malaysia 7 - Sep - 2025 18 - Sep - 2025 9500 GBP
Rome , Italy 7 - Sep - 2025 18 - Sep - 2025 14600 GBP
Barcelona , Spain 7 - Sep - 2025 18 - Sep - 2025 13900 GBP
Zurich , Switzerland 7 - Sep - 2025 18 - Sep - 2025 15900 GBP
Geneva , Switzerland 28 - Sep - 2025 9 - Oct - 2025 17900 GBP
Sydney , Australia 14 - Sep - 2025 25 - Sep - 2025 21800 GBP
Interlaken , Switzerland 14 - Sep - 2025 25 - Sep - 2025 17900 GBP
Taipei , Taiwan 21 - Sep - 2025 2 - Oct - 2025 18600 GBP
Taipei , Taiwan 28 - Sep - 2025 9 - Oct - 2025 18600 GBP
Sydney , Australia 7 - Sep - 2025 18 - Sep - 2025 21800 GBP
Interlaken , Switzerland 7 - Sep - 2025 18 - Sep - 2025 17900 GBP
Dubai , UAE 19 - Oct - 2025 30 - Oct - 2025 9737.5 GBP
Paris , France 19 - Oct - 2025 30 - Oct - 2025 13400 GBP
Hong Kong , Hong Kong 19 - Oct - 2025 30 - Oct - 2025 17000 GBP
Tokyo , Japan 19 - Oct - 2025 30 - Oct - 2025 19500 GBP
Kuala Lumpur , Malaysia 26 - Oct - 2025 6 - Nov - 2025 9500 GBP
Rome , Italy 26 - Oct - 2025 6 - Nov - 2025 14600 GBP
Barcelona , Spain 26 - Oct - 2025 6 - Nov - 2025 13900 GBP
Zurich , Switzerland 26 - Oct - 2025 6 - Nov - 2025 15900 GBP
Istanbul , Turkey 5 - Oct - 2025 16 - Oct - 2025 9400 GBP
Bali , Indonesia 5 - Oct - 2025 16 - Oct - 2025 16200 GBP
Singapore , Singapore 5 - Oct - 2025 16 - Oct - 2025 15000 GBP
Washington , United States 5 - Oct - 2025 16 - Oct - 2025 22000 GBP
London , UK 12 - Oct - 2025 23 - Oct - 2025 9900 GBP
Madrid , Spain 12 - Oct - 2025 23 - Oct - 2025 13900 GBP
Munich , Germany 12 - Oct - 2025 23 - Oct - 2025 15800 GBP
Berlin , Germany 12 - Oct - 2025 23 - Oct - 2025 15800 GBP
New York , United States 12 - Oct - 2025 23 - Oct - 2025 21800 GBP
Amsterdam , Netherlands 12 - Oct - 2025 23 - Oct - 2025 16200 GBP
Milan , Italy 12 - Oct - 2025 23 - Oct - 2025 13900 GBP
Geneva , Switzerland 19 - Oct - 2025 30 - Oct - 2025 17900 GBP
Sydney , Australia 26 - Oct - 2025 6 - Nov - 2025 21800 GBP
Interlaken , Switzerland 26 - Oct - 2025 6 - Nov - 2025 17900 GBP
Taipei , Taiwan 5 - Oct - 2025 16 - Oct - 2025 18600 GBP
Dubai , UAE 16 - Nov - 2025 27 - Nov - 2025 9737.5 GBP
Paris , France 16 - Nov - 2025 27 - Nov - 2025 13400 GBP
Hong Kong , Hong Kong 16 - Nov - 2025 27 - Nov - 2025 17000 GBP
Tokyo , Japan 16 - Nov - 2025 27 - Nov - 2025 19500 GBP
London , UK 23 - Nov - 2025 4 - Dec - 2025 9900 GBP
Madrid , Spain 23 - Nov - 2025 4 - Dec - 2025 13900 GBP
Munich , Germany 23 - Nov - 2025 4 - Dec - 2025 15800 GBP
Berlin , Germany 23 - Nov - 2025 4 - Dec - 2025 15800 GBP
New York , United States 23 - Nov - 2025 4 - Dec - 2025 21800 GBP
Amsterdam , Netherlands 23 - Nov - 2025 4 - Dec - 2025 16200 GBP
Milan , Italy 23 - Nov - 2025 4 - Dec - 2025 13900 GBP
Kuala Lumpur , Malaysia 2 - Nov - 2025 13 - Nov - 2025 9500 GBP
Rome , Italy 2 - Nov - 2025 13 - Nov - 2025 14600 GBP
Barcelona , Spain 2 - Nov - 2025 13 - Nov - 2025 13900 GBP
Zurich , Switzerland 2 - Nov - 2025 13 - Nov - 2025 15900 GBP
Istanbul , Turkey 9 - Nov - 2025 20 - Nov - 2025 9400 GBP
Bali , Indonesia 9 - Nov - 2025 20 - Nov - 2025 16200 GBP
Singapore , Singapore 9 - Nov - 2025 20 - Nov - 2025 15000 GBP
Washington , United States 9 - Nov - 2025 20 - Nov - 2025 22000 GBP
Istanbul , Turkey 16 - Nov - 2025 27 - Nov - 2025 9400 GBP
Bali , Indonesia 16 - Nov - 2025 27 - Nov - 2025 16200 GBP
Singapore , Singapore 16 - Nov - 2025 27 - Nov - 2025 15000 GBP
Washington , United States 16 - Nov - 2025 27 - Nov - 2025 22000 GBP
Kuala Lumpur , Malaysia 23 - Nov - 2025 4 - Dec - 2025 9500 GBP
Rome , Italy 23 - Nov - 2025 4 - Dec - 2025 14600 GBP
Barcelona , Spain 23 - Nov - 2025 4 - Dec - 2025 13900 GBP
Zurich , Switzerland 23 - Nov - 2025 4 - Dec - 2025 15900 GBP
Geneva , Switzerland 16 - Nov - 2025 27 - Nov - 2025 17900 GBP
Sydney , Australia 2 - Nov - 2025 13 - Nov - 2025 21800 GBP
Interlaken , Switzerland 2 - Nov - 2025 13 - Nov - 2025 17900 GBP
Taipei , Taiwan 9 - Nov - 2025 20 - Nov - 2025 18600 GBP
Taipei , Taiwan 16 - Nov - 2025 27 - Nov - 2025 18600 GBP
Sydney , Australia 23 - Nov - 2025 4 - Dec - 2025 21800 GBP
Interlaken , Switzerland 23 - Nov - 2025 4 - Dec - 2025 17900 GBP
Dubai , UAE 21 - Dec - 2025 1 - Jan - 2026 9737.5 GBP
Paris , France 21 - Dec - 2025 1 - Jan - 2026 13400 GBP
Hong Kong , Hong Kong 21 - Dec - 2025 1 - Jan - 2026 17000 GBP
Tokyo , Japan 21 - Dec - 2025 1 - Jan - 2026 19500 GBP
Kuala Lumpur , Malaysia 28 - Dec - 2025 8 - Jan - 2026 9500 GBP
Rome , Italy 28 - Dec - 2025 8 - Jan - 2026 14600 GBP
Barcelona , Spain 28 - Dec - 2025 8 - Jan - 2026 13900 GBP
Zurich , Switzerland 28 - Dec - 2025 8 - Jan - 2026 15900 GBP
Istanbul , Turkey 7 - Dec - 2025 18 - Dec - 2025 9400 GBP
Bali , Indonesia 7 - Dec - 2025 18 - Dec - 2025 16200 GBP
Singapore , Singapore 7 - Dec - 2025 18 - Dec - 2025 15000 GBP
Washington , United States 7 - Dec - 2025 18 - Dec - 2025 22000 GBP
London , UK 14 - Dec - 2025 25 - Dec - 2025 9900 GBP
Madrid , Spain 14 - Dec - 2025 25 - Dec - 2025 13900 GBP
Munich , Germany 14 - Dec - 2025 25 - Dec - 2025 15800 GBP
Berlin , Germany 14 - Dec - 2025 25 - Dec - 2025 15800 GBP
New York , United States 14 - Dec - 2025 25 - Dec - 2025 21800 GBP
Amsterdam , Netherlands 14 - Dec - 2025 25 - Dec - 2025 16200 GBP
Milan , Italy 14 - Dec - 2025 25 - Dec - 2025 13900 GBP
Geneva , Switzerland 21 - Dec - 2025 1 - Jan - 2026 17900 GBP
Sydney , Australia 28 - Dec - 2025 8 - Jan - 2026 21800 GBP
Interlaken , Switzerland 28 - Dec - 2025 8 - Jan - 2026 17900 GBP
Taipei , Taiwan 7 - Dec - 2025 18 - Dec - 2025 18600 GBP

Course Syllabus

Introduction

This intensive 10-day course is designed to assist contracts and procurement professionals understand and deal with the increasing complexity of commercial and business relationships. All business professionals need to understand how and why contracts allocate risk to the parties to the contract, and the consequences of failure to meet that risk.

Modern companies need procurement improvements to allow organisations to meet their strategic objectives. This course promotes best practice in procurement activities and working on the ‘right’ issues of compliance, creativity and supply market knowledge. It establishes how to measure purchasing and contract contributions so that these critical functions are recognised as core competencies.

This course will feature:

  • An understanding of how contracts control business relationships of all kinds.
  • Risk allocation in contract management; protecting your company’s interests.
  • An understanding of international contracting in the English language.
  • Selection and application of contract management & procurement strategies.
  • Managing suppliers to obtain best in class results.

Objectives

  • Improve their understanding of the role of contracts within a business.
  • Develop more confidence in dealing with contracting issues.
  • Understand how purchasing & contract strategies can be developed to improve commercial outcomes.
  • Learn how to develop high performance purchasing organizations.
  • Will show analytics for use to guide procurement and contract strategies.

Content

Module 1: The Complete Course on Contracts Management Day One

What are contracts and how are they created?

  • The need for contractual relationships
  • What is needed to create a valid contract?  Ingredients and formalities
  • Authority and agency
  • The tender process
  • Alternative sourcing
  • Making contracts enforceable – with particular emphasis on the international context

Day Two

The Structure of contracts

  • Form of Agreement
  • Hierarchy of Terms and Conditions
  • Different contractual structures ?Traditional and new
  • Risk and Title (ownership) in international trade. When does it transfer?
  • Notices and other formalities
  • Which law and which courts?

Day Three

Collateral documents

  • Securitising performance obligations
  • Bonds and guarantees
  • Parent company guarantees
  • Letters of intent,  comfort or awareness
  • Insurance policies
  • Assessing the need for financial security

Day Four

Change and variation

  • Changes to Contract documents
  • Assignment/Novation explained and distinguished
  • Variation clauses  and changes to the scope of work
  • Claims – what they are, and how they arise
  • Delay and disruption
  • Force majeure

Day Five

Resolving Disputes

  • Conflict avoidance and tiered dispute resolution clauses
  • Negotiation
  • Litigation
  • Arbitration
  • Mediation, ENE and new best practices in dispute resolution and management
  • Final questions and review of course

Day Six

The 1st Steps to Becoming World Class

  • Stages To World Class Purchasing
  • How Purchasing is viewed today
  • Strategic Sourcing
  • Developing Spend Profiles and the ABC Analysis
  • New Job Descriptions For Purchasing of the future
  • Purchasing Personnel Required Skill Sets

Day Seven

Evaluating Your Own Operation

  • What are Best Practices
  • Purchasing Gap Analysis
  • Vision and Mission for Purchasing
  • Developing The Purchasing Department Strategic Plan
  • Developing Key Performance Indicators (KPIs) For Procurement
  • Developing A Company Purchase Price Index

Day Eight

Continuous Improvement and How to Get It

  • Cost Reduction Initiatives
  • Methods of Cost Containment
  • Waste In The Supply Chain
  • Breaking Down The Elements Of Supplier Cost
  • Commodity/Service Strategic Planning
  • Resisting Price Increases

Day Nine

Supplier Management Approaches

  • Supplier Classification System
  • Supplier Qualification Methods
  • Supplier Performance Metrics
  • Apply Performance criteria to Purchasing Decisions
  • Process Mapping To Eliminate Low Value Activities
  • Applying eProcurement business process

Day Ten

Improving the Image of Procurement

  • Global Sourcing
  • International Labor Rates Comparison
  • Developing and Maintaining a Customer Focus
  • Basic Issues In Corruption And Fraud Prevention
  • Increasing The Level of Procurement Professionalism
  • Keeping Current in the profession

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