Skills In Purchasing And Merchandising Operations Business
Merchandising and purchasing works according to specifications of internal and external customers towards the common corporate goal of profitability. The introduction of this training is to address these professional skills is required in purchasing and merchandising operations, and to provide the practitioners into more capable, skills and confident purchasing and merchandising professionals.
Programme StructureThe programme consists of six modules during the day:
Purchasing and Merchandising Essentials
Purchasing and Merchandising Policies and Systems
Budget and Cost Management of Purchasing
Information Technology of Purchasing
Logistics Management
Law of Buying and Selling of Goods
SyllabusSubject 1 -Purchasing and Merchandising EssentialsAimsThis module will provide an overview and clear understanding to the participants of the key principles, concepts and techniques in purchasing and merchandising management.
ContentsObjectives of Purchasing and Merchandising
Right Quality, Quantity, Time Price, Source, Service
Interdepartmental relations with:
Marketing, Operations, QA, Engineering, Inventory, Finance
The Purchasing & Merchandising Processes
Similarities/Differences between Purchasing and Merchandising
Purchasing Directions
Strategic Planning
Pro-Active Purchasing
Global Sourcing
China Sourcing
Buying Ethics
Purchasing Research
Value Analysis
Benchmarking
Cost & Legal considerations,
Computer-assisted decision-making and performance evaluation
Supply & Demand Analysis
Developing Purchasing Office in China
Subject 2 -Purchasing Policies and SystemsAimsThis
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