Buyer’s Toolkit – Introduction

This course is aimed at anyone who wants to learn how to buy more effectively. It’s designed to provide delegates with the core or fundamental buying skills and tools that can make a difference to buying outcomes, and enable effective contract and supplier management.

Buyers Toolkit course - classroom and online training - Introduction

Course Content

Introduction to effective buying

  • Introduction to buying
  • The 5D Power Buying® process
  • Defining our buying objectives and the needs and wants
  • Determining our buying power using the power check test and getting behind price

Developing and delivering a winning buying plan

  • Determining how to boost our power
  • Understanding the supply base and our position in the market
  • Developing a Power Buying Plan
  • Introduction to negotiation and the basic negotiation toolkit
  • How to manage suppliers and check performance

Learning objectives

By the end of this course, delegates will be able to:

  • Navigate the end-to-end 5D Power Buying Process
  • Describe the basic principles of buying
  • Describe the different ways suppliers can gain advantage
  • Assess our buying position and strength
  • Develop a simple plan for effective buying
  • Define the needs and wants for an area of spend
  • Describe the different ways to manage a supplier based on their importance
  • Conduct simple negotiations
  • Buy more effectively

Course Catalogue

To download our Training Course Catalogue, please click the link below.

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Get in Touch

If you’d like to discuss how our training, platform and package options could work for your organization, please click below or call us on +44 33 00 94 0000.

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