Abbout the Institution of Operations Management

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Purchasing: The A to Z - Course Outline

Date of Event	Tuesday 7 October 2008
Duration	3 days
Venue	Corby, Northants
Details	In many businesses the expenditure on purchasing and associated inventory costs represents more than 50% of the sales turnover generated by the operation. It is a surprising fact that the control of this expenditure is often overlooked - the opportunity to improve profitability and competitiveness missed. This course considers how the performance of materials management activity can be improved and provides a comprehensive foundation in all ‘best practice’ purchasing matters. Topics covered in this course will include: • The role of procurement within operations management • Price/cost reduction techniques • What does good procurement practice involve • Cost/value analysis techniques • Relationships with other functions of operations management • Value adding techniques • Communication skills - internally and externally to the operation • Inventory management • Effective time management techniques to help achieve objectives • Continuous improvement in the procurement process • Identifying key areas to focus activity upon Suitable for: The course is aimed at those new to procurement; those who have never had the opportunity to have formal training in this area; and procurement practitioners who want to refresh their knowledge of the discipline. The course is also suitable for those in Operations Management who have a responsibility for the procurement function. Cost: Members: £470 Non-members: £570

The Institute of Operations Management, CILT(UK), Earlstrees Court, Earlstrees Road, Corby, Northants NN17 4AX.
Tel: 01536 740105. Fax: 01536 740101. Email: info@iomnet.org.uk

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