Contract Negotiation and Purchasing Skills

Enhancing Profit through Effective Processes and Contracts

Introduction

This Contract Negotiation and Purchasing Skills training seminar challenges the belief that anyone can purchase well, and within that belief everyone can negotiate effectively. Neither of these beliefs is true. Organisations large and small waste their energy and profit in this belief. This training seminar could prevent your organisation losing significant sums of money as it firstly establishes a solid understanding of the benefits good purchasing offers and how to create a function capable of delivering those benefits through organisational excellence.

The second fundamental to achieving success is the ability to negotiate, not only with the marketplace but with internal departments e.g., Engineering, Production, Finance, and Safety functions. Unfortunately, such negotiation is often delegated to those least able to deliver an effective outcome. This failure impacts upon the whole organisation resulting in reduced profitability and increased business risk, and an increase in personal stress and operational costs.

The delegates are expected to compare their understanding of their capabilities against the key principles that support effective purchasing and to take away concepts and ideas that will benefit both their business and them personally.

Course Objectives

Course Outlines

Day 1: Where is Purchasing Failing & Introduction to Negotiation

Day 2: Are you a Good Negotiator & Understanding the Offer

Day 3: Contract Needs and Making the Contract Work

Day 4: Finding Reliable Suppliers & Culture in Negotiation

Day 5: What Makes a Successful Negotiation

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