Purchasing and Inventory Management Techniques and Supplier Selection
Start Date | End Date | Venue | Fees (US $) | ||
---|---|---|---|---|---|
Purchasing and Inventory Management Techniques and Supplier Selection | 12 Oct 2025 | 16 Oct 2025 | Muscat, Oman | $ 4,500 | Register |

Purchasing and Inventory Management Techniques and Supplier Selection
Start Date | End Date | Venue | Fees (US $) | |
---|---|---|---|---|
Purchasing and Inventory Management Techniques and Supplier Selection | 12 Oct 2025 | 16 Oct 2025 | Muscat, Oman | $ 4,500 |
Introduction
A five-day intensive program, for those who want to understand and implement the essential tools of Purchasing, Procurement, and Buying. Participants will learn how to evaluate procedures and make needed changes to methods to improve customer service whilst achieving significant reductions in inventories; eliminate wasteful costs; avoid internal system problems that limit performance; obtain added value for money.
Objectives
- Purchasing Organisations
- Purchasing Systems
- Alternative Purchasing Methods
- Finding Suppliers
- Defining Specifications
- Legal context for Purchasing
- Negotiation
- The Role of Purchasing in the Organisation
- Expediting
- Price, Cost and Value
In this course participants will consider:
Training Methodology
This is an interactive course. There will be open question and answer sessions, regular group exercises and activities, videos, case studies, and presentations on best practices. Participants will have the opportunity to share with the facilitator and other participants on what works well and not so well for them, as well as work on issues from their own organizations. The online course is conducted online using MS-Teams/ClickMeeting.
Who Should Attend?
This course has been designed to enhance the purchasing skills of buyers in business, government and the military. It is intended for buyers of all types of materials, equipment and services who seek to strengthen their personal abilities as well as the performance of their purchasing department.
Course Outline
Day 1: Performance Purchasing
- Introduction to Purchasing and its contribution to the organization
- Key Concepts
- Purchasing Organisations
- The Procurement Cycle
- Purchasing Systems
Day 2: Supplier Selection
- Specifications
- Working with End-users
- Supplier Evaluation Criteria
- Appropriate Supplier Methodologies
- Total Cost Approach
Day 3: Tendering
- Form of Tendering
- Request for Information
- Request for Quotation/Invitation to Tender
- Tender Evaluation
- Negotiation
- Price Cost and Value
Day 4: Legal Issues
- From Tender to Contract
- Supplier non-performance
- Expediting
- Terms and Conditions
- E-procurement fundamentals
Day 5: Purchasing Performance
- Supplier Measurement
- Vendor Rating
- Action Planning
- Course Review and Evaluation