- Module 1: Purchasing Management
- Module 2: Supplier Selection
- Module 3: Inventory Management
- Module 4: Warehouse Management
Today, purchasing is recognized as having an overwhelming impact on the bottom line of the organization. It has a direct impact on the two forces that drive the bottom line: sales and costs. Purchasing is becoming a core competency of the firm, finding and developing suppliers and bringing in expertise that is highly valued by the organization. While, adequate inventory is critical in ensuring the continuity of operations within any organizations. However, inventory investment can be a very expensive affair. The direct costs of carrying inventory depress profits and ties up much-needed finance. Only through effective purchasing and inventory management can we provide this support without over-committing the organization’s funds, but at the same time be mindful of the related costs of not having inventory when it is needed by customers.
At the end of the course, all trainees will be able to:
This course is specially designed for inventory, stock, supply chain, logistic, warehouse, and distribution supervisors/managers, and owners, operators, owners and directors of companies who hold stock and inventory.
Specialties: Basic Bookkeeping and Business Management Skill, Procurement Management Skill, Accounting Management System, Problem Solving Skill, School Development Planning, Effective School Leadership, Budgeting Skill, Accounting Principles and Financial Management.
The course fees are inclusive of course materials, handouts, meals, refreshments, and certificates of completion but do exclude 10% of VAT amount.