Mini MBA in International Purchasing Processes

Mini MBA in International Purchasing Processes

Introduction:

This course is proudly introduced to you by the International Academy of Human Resource Development(IAHRD). Our courses are customized to match your needs in which they are designed by experts who has a long practical experience in the field. Locating and managing international sources professionally is a big advantage for the company. Meeting the demands of the market with the least costs especially with the changing conditions for the exchange of goods and services. This course will make you able to employ excellent means to locate and evaluate sources in global markets.

Objectives: 

After participating in this program, candidates will be able to:

1. Know more about different markets policies and exchange rates.
2. Decide whether to source domestically or internationally.
3. Manage virtual teams abroad.
4. Think outside the box.
5. Utilize the benefits of globalization.
6. Generate higher profits to their businesses.

Contents: 

Module 1:

1. Different markets for different industrial goods.
2. What is the definition of the market?
3. The conditions of the market.
4. Characteristics and structure that influences the prices.

Module 2:

1. Moving to and from the market freely.
2. Markets traditional economic analysis.
3. Cost of transactions.

Module 3:

1. Sociotechnical management definition.
2. What is the role of sociotechnical management?
3. Managing conflict in a productive manner.
4. How to increase the effectiveness of your team?
5. What is the meaning of virtual teams?
6. Recruiting virtual teams.

Module 4:

1. The interaction between buying and selling.
2. Wider international terms to think of.
3. Dynamism and its degree.
4. Analysis of the market structure.
5. SWOT analysis.

Module 5:

1.  
2. Utilizing the effect of globalization.
3. The manufacturing channel position.
4. Studying the social system.
5. Contingency planning.

Module 6:

1. The buying and selling atmosphere.
2. The economic and control dimension.
3. The reasons for a close interaction.
4. Effective and wise negotiation skills.
5. Negotiation exercises.

Module 7:

1. What are the modern purchasing practices?
2. Effective use of internet in the purchasing process.
3. Keeping up with your suppliers performance.
4. Single Source Vs. Multiple Source Policy
5. Evaluation of your sources.
6. Domestic or international?
7. Exchange rate risk management.

Module 8:

1. International commercial terms and policies,
2. Air ,land and ocean transportation services.
3. Reengineering the processes of your purchases.
4. Total evaluation and feedback.

Who Should Attend? 

• Experienced Buyers.
• Purchasing Agents.
• Purchasing Managers.
• Purchasing Directors.
• Materials Management Personnel Responsible For International Supply Chain Management Operations.
• Anyone Interested In Enhancing Their Management And Buying Skills.