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STRATEGIC PROCUREMENT, NEGOTIATION SKILLS & COST REDUCTION TECHNIQUES – Hilton Kota Kinabalu Hotel

Introduction

The skills learned will be used in analysing large transactions and building sustainable partnerships with a special cohort of suppliers that can provide low-cost top-notch services and products. Through strategic procurement training course, we will try to match the high-volume schedule with the purchasing activity to bring in the raw material on time without delay with reasonable cost structures. It provides continuous improvements over these factors and empowers the organisation to take advantage of purchasing power.

By developing your skills as a trained negotiator, you will see improvements far outside the normal cost benefits in trade negotiations. A common and obvious performance measure of the success of any purchasing department is the amount of money that is saved by the organisation. Measurement and evaluation of purchasing performance is extremely necessary for effective management. 

This Course Include

CONTACT INFORMATION

COURSE OBJECTIVES

  • Detailed knowledge and understanding of all important concepts and practices related to procurement.
  • The required information and knowledge of the procurement process to ensure continuous and seamless flow of raw materials and goods, thereby ensuring timely delivery to customers.
  • Identify and understand the different types of negotiation techniques.
  • Recognise common negotiating techniques when they are being used against you.
  • Complete knowledge and information of analytical methods used to evaluate purchasing performance and how they help improve the purchasing performance of an organization.
  • The necessary knowledge and understanding of advanced analytical tools and methods used to evaluate purchasing performance.
  • The required skill and confidence to undertake the training of other professionals to help apply analytical tools and methods to assess and improve purchasing performance

 

Organizational Benefits:

By encouraging your employees to participate in this course you will be impacting your organization in the following positive ways –

  • Improved communication skills between teams.
  • Increased confidence of employees in negotiation situations.
  • Employee development in the areas of influencing and cooperating with others.
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