Effective Procurement, Vendor Management & Supplier Relation Managemen

In Order to achieve Cost Efficiency, Managing the procurementis is stategy to reduce the cost of Purchasing material, the most commont strategy by Vendor Management & Customer Relation Management, This training will explain how to segregate the procurement by its need : CONSUMABLES, OPEX, CAPEX, & OVERHEAD COST. How to manage Customer relationship by understanding the concept and implementation of VHS (Vendor Held Stock), Consignation, Outsourcing, LOI, and Payment Cycle (Turnkey, Lumpsump, Terminj, Credit, Back To Back) terms. The Training also deliver the Concept of KANBAN, BOM, Material Requisition, Joint Survey, PO Back date, Bidding Process, Pre Qualification, CHESM, Gross Split, Cost Recovery, E-Proc, Whistle Blowing System.

After completion of this program, participants will be better able to:

• Understand the concept of Consumable Operation Expenditure & Capital Expenditure , KANBAN, BOM, MR
• Identify any benefit that can reduce procurement cost and time among 3 systems
• Explore what is the most possible Supplier Relation method such as Vendor Held Stock, Consignation, Outsourrcing, Joint Operation, payment Term Terminj, Lump Sump, Turnkey, Back to Back payment, and PO Back date, Letter of Intent (LOI)
• Understand the ERP, SPSE & Essence of Anti Bribery Management.