Strategic Procurement and Warehousing: Building an Effective Purchasing Function
1Summary
Purchasing and warehousing rarely get the credit they deserve, yet they sit at the centre of almost every organisation's cost base — get the sourcing decision wrong, or let stock sit stagnant in a warehouse, and the impact shows up directly on the bottom line.
Delivered by the Arab British Fellowship Training Academy, this Strategic Procurement and Warehousing course looks at the supply and storage function from a management angle: how purchasing decisions are made, how warehousing operations are run, and how information and communication technology supports both. Participants leave able to recognise the role of the logistics and warehousing function, apply the mechanisms of procurement management — sourcing stages, supplier selection, negotiation, and secondary sourcing — and manage warehousing processes from receiving to classification and coding, while exploring supplier relationships and the strategic issues that come with them.
2Objectives and target group
Who Should Attend?
- Material planners.
- Warehouse and store staff.
- Purchasing and accounting staff.
- Anyone looking to build a foundation in materials management.
Course Objectives:
By the end of the course, participants will be able to:
- Apply contemporary concepts, principles, theories, methods, and practices used across the procurement and supply chain profession to real situations.
- Build project and change management capacity to handle the routine challenges of a business environment that directly affects the supply chain industry.
- Deal with commercial activities in a socially responsible and ethical manner.
- Clear stagnant stock and improve liquidity for the organisation.
3Course Content
Module 1: The Foundations of Purchasing and Warehousing
- Why purchasing and warehousing matter to the organisation's integrated planning.
- How purchasing and warehousing costs affect the organisation's income.
- Purchasing and storage policies, and centralisation versus decentralisation.
- Responsibilities and duties of procurement and warehouse staff.
Module 2: Planning Purchases and Organising Stores
- Sources of supply and the trade-off factors between suppliers.
- Internal organisation of stores: wholesale versus exchange warehouses.
- Item arrangement methods and determining item location.
Module 3: Managing Global Resources and Supplier Relationships
- Understanding and managing global resources.
- Maintaining relationships with suppliers, and managing supplier selection and negotiation.
- Demand management within an integrated supply chain.
Module 4: Applied Skills for Procurement Professionals
- Time management and professional practices in applied analysis, creative thinking, and communication.
- Applying research practices and research-based knowledge.
Module 5: Solving Storage and Purchasing Problems
- Causes of stagnant stock and how to treat them.
- Administrative, organisational, and material problems and their impact on purchasing and warehousing.
- Methods for securing and protecting stock.
Course Delivery:
- In-house training at the organisation's premises.
- One-to-one training.
- Group training.
- Practical, hands-on training.
Note:
- We can deliver this course at the time and place that suits you.
- This course is delivered to a high standard for senior professionals. Contact the Arab British Fellowship Training Academy team for more information.