Day 1Foundations of Purchasing Management
Applied activity: Participants will analyse a case study on procurement inefficiencies in a fictional company. They will identify key issues and propose initial improvements based on best practices, focusing on roles and responsibilities within the purchasing team.
Output: A report summarising identified issues and proposed improvements in purchasing management.
- 09:00–09:54Overview of purchasing management principles and best practices in the field.
- 09:54–10:48Understanding the procurement cycle and its key stages for effective management.
- 10:48–11:00Identifying key roles and responsibilities in purchasing operations and decision-making.
- 11:00–11:30Coffee break
- 11:30–12:12Identifying key roles and responsibilities in purchasing operations and decision-making. (continued)
- 12:12–13:06Exploring the impact of purchasing on organisational performance and cost efficiency.
- 13:06–14:00Examining the legal and ethical considerations in procurement practices.




