Buyer’s Toolkit – Introduction
This course covers the key tools and approaches of our Buyer’s Toolkit program and 5D Power Buying framework. View Course
The outcomes of professional buying can be vastly enhanced by understanding the buying process and applying simple tools. The Buyer’s Toolkit equips individual buyers or those responsible for purchasing in an organization of any size, with effective resources to take control of a deal and deliver great results.
We’ve taken everything we know about professional procurement and negotiation to create an easy-to-understand, jargon-free program to help anyone to buy well. This is based on our 5D Power Buying® process – a step-by-step process for effective buying. Supported with the essential resources needed to understand any buying scenario, this program develops approaches and techniques that secure desirable outcomes.
The Buyer’s Toolkit is ideal both for individuals who want to be effective at buying and for organizations seeking to secure more value and structure in their buying. The guidance offered is valuable for a wide spectrum of scenarios, from single transactions to large purchasing contracts where procurement professionals can learn how to wield the bargaining position of scale to an effective advantage. Our program instils an appreciation of the power you hold in a buying situation. Providing the essential tools you need to assess your position, establish your motives and evaluate your options for buying, this toolkit enables you to buy with the best chance of getting the deal you want. This can result in significant cost savings and increased value from a supplier.
Our simple-to-use platform and approach provides practical step-by-step guidance which covers every stage of buying and is essential in any purchasing situation. Featuring best-practice tools and theory for professional buying and negotiation, the 5D program enhances the outcomes of a purchase at any scale or level.
Clarify objectives and identify who can support our buying plan, then develop a definition of our needs and wants for what we will buy
Understand our current power position and determine our level of influence over price and how we can leverage value
Conduct a supplier fact find to identify potential suppliers, carry out a market assessment to maximize our position as a buyer, and then develop a plan for how we will buy
Select suitable suppliers or solutions and negotiate the best deal, and then put in place appropriate contractual arrangements
Carry out the necessary actions to successfully implement our buying arrangements, including effective supplier management and supplier performance measurement
Buyer’s Toolkit is a highly effective buying tool and resource centre for anyone who buys. Built on Positive Purchasing’s unique 5D Power Buying® process, this digital toolkit provides a simple step-by-step approach to buying well – suited to anyone from an individual to the purchasing team of a large corporate organization.
The toolkit provides practical guidance covering every stage of buying and is valuable in enhancing the outcome of any purchasing situation. It combines all the best-practice tools and theory for professional buying and negotiation into a straightforward framework that can improve the result of a purchase at any scale or level.
Assessed via online self-assessment, or a fully managed interview-based program, we offer structured insights into personal and team-wide capabilities and provide the basis to create a targeted learning and development roadmap.
Build powerful category strategies with the 5i® Category Management sourcing and 5i® Lite toolkits, now with sustainability embedded at every step!
Unlock value in your supply base with the 5S Orchestra of SRM® methodology including the 5A Strategic Collaborative Relationship (SCR) process.
Build your confidence in negotiation outcomes to deliver outstanding results with our Red Sheet®, Red Sheet Lite and Red Sheet Nano negotiation planning toolkits.
Realize your purchasing power with the 5D Power Buying® process featuring practical step-by-step guidance for every stage of buying.
Realize supply-side sustainability and equip and enable your team to meet organizational sustainability goals with the OMEIA® Sustainable Procurement process.
Vast library of digital learning modules for Category Management, SRM and negotiation with self-study and on-demand video for all core toolkits and activities.
Managed time-bound team learning programs, with options from ‘digital learning weeks’ to 12-month supported programs.
We can also uplift team capability with instructor-led training. Discover our programs here.
Capella creates powerful category strategies underpinned by the proven 5i® method to deliver game-changing value from the supply base: secure supply into the future, deliver cost savings, reduce supply-side risk and drive sustainability.
Ruby enables you to create winning negotiation strategies using the leading Red Sheet method, allowing globally dispersed teams to seamlessly work together. You can even live role play with Ruby!
Built on our unique 5D Power Buying® process, the Buyer’s Toolkit provides a simple step-by-step approach to buying well. The platform covers every stage of buying and combines all the best-practice tools and theory for professional buying and negotiation into a straightforward framework that can improve the result of a purchase at any scale.
We offer high-impact courses for individuals and procurement teams. These courses can be delivered online as a series of instructor-led workshops, in a classroom setting, or as blended learning solutions. Our trainers are renowned experts in the field, with personal experience gained from practicing procurement for large organizations around the world.
This course covers the key tools and approaches of our Buyer’s Toolkit program and 5D Power Buying framework. View Course
This 'proficient buyer' course trains delegates in how to use and apply the 5D Power Buying process and become proficient at buying. View Course
The proficient buyer package includes everything you need to get your purchasing or procurement team buying more effectively, helping to establish an approach that drives in new benefits within your organization.
The Buyer’s Toolkit distils all the best practice tools for professional buying and negotiating into a simple, jargon-free framework that can be picked up and applied by anyone who buys. With an overarching framework of practical tools, The Buyer’s Toolkit has a simple chapter layout and contains many useful graphics and models to illustrate each stage of the 5D Power Buying® process. Offering advice on issues such as sustainable buying, defining requirements, choosing the right deal and supplier, negotiating, managing the contract and fixing problems, this comprehensive guide will help boost your advantage as a buyer in both your personal and professional lives, whether you have purchasing responsibility in a smaller business or delegated buying authority in a larger organization.
Use discount code WLGPP20 to receive a 20% discount!
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.