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Shaping the Market to Your Advantage

This course will teach you about Strategic Purchasing and how it can be applied in your own business environment. It builds on the 'Supplier Management' course, which includes topics such as Supply Positioning, Supplier Preference, Vulnerability Management, Supplier Appraisal, and Supplier Selection.
SKU: P1933EN
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PRICE BREAKS - The more you buy, the more you save.
Quantity
100+
500+
Price
$74.25
$49.50
$99.00
Welcome to 'Shaping the Market to Your Advantage.' This course is designed for people who want to make a significant contribution to their business through more effective buying. Although the techniques and approaches discussed in this course may seem simple, they are not always easy to apply and require dedication and persistence; however, if followed through they will be very rewarding.

This course will teach you about Strategic Purchasing and how it can be applied in your own business environment. It builds on the 'Supplier Management' course, which includes topics such as Supply Positioning, Supplier Preference, Vulnerability Management, Supplier Appraisal, and Supplier Selection. Ideally, you should have already taken our Supplier Management course.

Maximum Sustained Advantage is the objective. We could also use terms such as 'gaining a competitive advantage' or 'maximizing profitability.' Sustained is linked with 'short and long term.' In other words the quick fix exploitation of a situation will not be enough. It is no good driving a hard bargain if it results in the supplier eventually going out of business and reducing your choice.

The notion that buyers can develop and change is a long way from the reactive stance taken by many buyers. We will see as we go through this course that some of the greatest benefits come about when buyers start with the intention of changing the supply market they work in. We will discuss this more later on in this Module. You cannot apply Strategic Purchasing to the supply market as a whole. Strategic Purchasing can only be applied when working on purchases, contracts or groups of purchases and contracts.
Products specifications
Course Language English
Length Range Over 60 Minutes
Length (Hours) 10.00
Module Number(s) 1665EN 1666EN 1667EN 1668EN 1669EN 1670EN 1671EN 1672EN 1673EN
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