Strategic Procurement and Inventory Management
Purchasing plays an important role in the profitability and success of every business. The way the purchasing function is managed and run will greatly influence any company’s bottom line. This course aims to provide purchasing personnel, as well as people who need to purchase big or small ticket items in their work, with the knowledge to be efficient, effective and ultimately to purchase materials and services at the best prices without sacrificing quality and service. It highlights on how purchasing personnel can help to increase productivity and achieve cost savings through effective purchasing.
In this course, attendees will be able to:
- Understand the strategic importance of procurement;
- Obtain up-to-date negotiations techniques and effective guides in preparing a negotiation;
- Master the cost reduction process and techniques in procurement;
- Develop competency and commitment in cost reduction responsibilities;
- Improve the procurement functions and contribute to organisation’s efficiency, productivity and profitability.
Active learning activities are included to allow participants to engage actively in the learning process. Besides that, leading the participants through these activities will enable better understanding on the concepts. The active learning activities may include:
- Hands-on exercises;
- Group discussions;
- Case studies;
- Interactive storytelling;
- Commentary on other companies / industries;
- Video presentation.
Who Must Attend?
This is intended for procurement managers, executives, supervisors, officers, and engineers from departments such as production, engineering, finance/accounts, sales, QA, R&D.
“Straight to the point and comprehensive in his training. There are lots of discussions and room for clarifications with Andrew and with fellow participants to understand topics and learn how to apply the knowledge in the workplace.”
“Andrew always uses a lot of real life examples to put across the key concepts.”
“The trainer Andrew has many life experiences to share related to the training and kept his teaching very interesting and memorable.”
Personal and Organisational Effectiveness Master Trainer: Andrew Cheah
Andrew Cheah has been a trainer and management consultant since 1991, specialising in the areas of performance management, productivity improvement, behavioural change and leadership. Andrew has trained clients from diverse industries such as in banking, insurance, hospitality, sales and distribution, manufacturing, food, property development, government/public services, and higher education. Being tri-lingual (English, Mandarin, and Malay Languages), Andrew has extensive regional exposure in Singapore, United Arab Emirates, Malaysia, China, Thailand, Indonesia and Vietnam. In addition to training, Andrew has guided and provided consulting services to clients, leading to one of them winning the prestigious Malaysian National Productivity Award presented by the previous Malaysian Prime Minister, Tun Dr. Mahathir.
Andrew has also been invited to speak in events such as International Conference on Best Practices, which was graced by senior officials from the Ministry of International Trade and Industry (MITI), sharing the stage with Professor Michael Gregory of the University of Cambridge, Mr Dieter Heyl (2007 Vice President of Mercedes Benz Malaysia), and Dr Marcus Chao, President of Lean China Enterprise Inc.
Andrew has an MBA degree qualification with the University of Portsmouth, UK. At the professional level, Andrew has a certificate in Blue Ocean Leadership Masterclass, as well as Leading Dimensions Profiling Trainer Certification (LDP certified). In addition to being a qualified ISO9000 assessor, his experience in international consultancy has also earned him a membership with the Association of Productivity Specialist in New York.