STRATEGIC PROCUREMENT & INVENTORY MANAGEMENT

STRATEGIC PROCUREMENT & INVENTORY MANAGEMENTNovember 26-27, 2012 | 9.00 am – 5.00 pm | FMM Institute NS Branch, Seremban 2Fee/Participant: RM700 (Members) | RM850 (Non-Members)**Fees include course materials, refreshments, lunch and certificateHRDF Claimable -SBL Scheme-INTRODUCTIONPurchasing plays an important role in theprofitability and success of every business.The way the purchasing function ismanaged and run will greatly influence thecompany’s bottom line. This programmeaims to provide Purchasing personnel withthe knowledge to be efficient, effective andultimately to purchase materials andservices at the best prices withoutsacrificing quality and service. It highlightson how Purchasing personnel can help toincrease productivity and achieve savingsthrough effective purchasing.WHO SHOULD ATTENDPurchasing Managers, PurchasingExecutives and Purchasing Officers.OBJECTIVESAt the end of the programme, participants will be ableto : understand the operational, financial andmarketing strategies of procurement; obtain up-to-date negotiations techniques andeffective guides in preparing a negotiation; master the cost reduction process andtechniques in procurement; develop competency and commitment in costreduction responsibilities; understand the benefits of benchmarkingapplication in procurement management; master the five crucial stages of benchmarkingimplementation process; and improve the procurement functions andcontribute to organisation’s efficiency,productivity and profitability.CONTENTDefinition Of Procurement Roles And Responsibilities Of Procurement Operational Strategies Financial Strategies Marketing Strategies The 5 ‘Rights’ Of ProcurementProcurement Profitability And Added Value The Evolution Of Procurement Procurement And The Change Buyer’s And Seller’s Strengths MatrixNegotiation In Procurement What To Negotiate Negotiation Techniques Negotiation Guides To Preparation The 6 Basic Steps In Negotiation The 3 Categories In Negotiation Summary Of Bargaining Stages 7 Critical Mistakes In Negotiation General Rules In NegotiationCost Reduction Techniques Purchasers’ Cost Reduction Responsibilities Changing The Roles Of Procurement And ItsPerception Cost Reduction Process ABC Cost Reduction Analysis Direct Materials Cost Reduction Indirect Materials Cost Reduction (MRO items) Suppliers Cost Reduction Responsibilities Developing Procurement Personals’ KPI/KRA

THE TRAINERMr Andrew Cheah holds a Master Degree inBusiness Administration from the University ofPortsmouth, United Kingdom and is a qualifiedISO 9000 Assessor (QMI/SIRIM). As aConsultant attached with an InternationalConsultancy Firm based in USA, he specializedin areas such as cost saving, productivityimprovement, behavioral survey, internalauditing and training for all projects inSingapore, Indonesia, Thailand and Malaysia.His experience in international consultancyearned him a membership with the Associated ofProductivity Specialist – New York.Mr Cheah has conducted many courses in thefield of Industrial Engineering, ProductionOperations, Quality, People Management,Personal & Performance Development and ISO.He has also worked in the manufacturingorganizations & served in Depts. such asTraining & Development, Project Mgt.,Industrial Engineering, Production Operation,Plant Facilities, Safety & Housekeeping. Whileserving these manufacturing concerns, he haswon the NPC National Productivity Award,brought about huge savings on Telephone bills,Electricity and Water consumption andimplemented JD Edwards ERP BusinessSolutions.1.2.3.If space is insufficient, please attach a separate listREGISTRATION FORMSTRATEGIC PROCUREMENT & INVENTORY MANAGEMENTNovember 26-27, 2012NAME NRIC REQUIREDVEGETARIANMEAL (/)Submitted by:Name : Designation :Company Name & Address :Tel No :Fax No:Email :Authorised Signature :Company StampDESIGNATIONREGISTRATION DETAILSRegistration is on a first-come-first-served basis. Cheques made in favour of the “FMM Institute - NS” should be forwarded one week before the commencement ofthe programme. Completed registration form, that is faxed, mailed or e-mailed to FMM Institute, would be deemed as confirmed.All cancellations must be made in writing. There will be no charge for cancellation received 10 or more working days before the start of the programme.Cancellation received 6 – 9 working days before the start of the programme is subject to a cancellation fee of 50% of the course fees. Cancellation received 5working days and below before the start of the programme is subject to a cancellation fee of 100% of the course fees. If the participant fails to attend theprogramme, the full course fees are payable. However, replacement can be accepted at no additional cost.10% discount is applicable for registration of three (3) or more participants from the same organisation and of the same billing source.The FMM Institute reserves the right to change the facilitator, reschedule or cancel the programme and all efforts will be taken to inform participants of thechanges.FMM INSTITUTE (475427-W) NEGERI SEMBILAN BRANCHNo. 5 & 6 (1st Floor),Jalan S2/D38, City Centre, Seremban 2, Negeri SembilanTel: 06-603 1627/26/16 Fax: 06-603 1628 Webpage : http://ns.fmm.org.myFor further enquiries & customised IN-HOUSE TRAINING kindly contact:(Attn : Ms Shahida, Ms Thava or Ms Lina)E-mail: fmmnsembilan@fmm.org.my or shahida@fmm.org.my