Purchasing and Procurement Course
This course equips professionals with essential skills in purchasing and procurement, focusing on electronic sensors. Participants will master Total Cost of Ownership (TCO) calculations, supplier risk assessments, negotiation techniques, contract management, Key Performance Indicators (KPIs), and vendor oversight tools. These competencies enable cost reductions, reliable supply chains, and improved performance in procurement roles across various industries.

4 to 360 hours of flexible workload
certificate valid in your country
What Will I Learn?
Gain practical expertise in negotiating robust supplier agreements, minimising total cost of ownership, and handling risks effectively. Delve into data-informed sourcing methods, TCO frameworks, and market analysis for electronic sensors. Utilise practical templates for RFIs, RFQs, vendor KPIs, audits, and a 12-month rollout plan to ensure steady supply, competitive pricing, and reliable outcomes.
Elevify Advantages
Develop Skills
- Supplier negotiation strategies to secure better sensor deals swiftly.
- TCO analysis and sourcing plans to reduce hidden costs effectively.
- Supplier risk evaluation to profile vendors and avoid disruptions.
- Vendor KPIs and audit processes to enhance ongoing performance.
- Market insights for sensors to anticipate price and quality changes.
Suggested Summary
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