2 Days Skills Development Workshops

Managing Cost and Supply Chain

2 Days Skills Development Workshops

Managing Cost and Supply Chain

by Admin

Developing a Cost-Savings Strategy

In this age of global competition, purchasing departments are constantly under the spotlight to reduce costs for their organisation. The return on investment in the purchasing function can now be measured with ease, and this visibility has resulted in management’s high expectations of purchasing performance in terms of cost savings. It has become crucial to adopt effective cost-savings strategies.

Cost-Price Analysis is an essential skill to obtain a fair and reasonable contract price. The cost estimating and analysis techniques require an assessment of the individual cost elements that compose the total offer price. This two-day lively workshop guides practitioners to develop a cost-savings strategy for their organisations.

This workshop is designed for all personnel working in any industry and service establishments. For those who are keen to develop a sound knowledge on the practices of cost price analysis techniques and cost savings strategy, this is a “MUST-ATTEND” workshop.

Understanding Incoterms & Letters of Credit

International trade is a key driver of globalisation in the marketplace. Companies trade globally to derive the competitive advantage and ensure viability of their businesses. INCOTERMS and Letters of Credit are widely used in businesses for international trade financing. With the growing importance of international trade in Singapore and the region, awareness of these two areas will guide you to handle related problems and issues in a more confident manner.

This two-day workshop covers the descriptions and terminologies associated with international trade, the risks in international trade, the key success factors and some practical industry cases. It also covers an in-depth understanding and application of the latest INCOTERMS and Letters of Credit.

This workshop is designed for all personnel working in any industry and service establishments. For those who are keen to develop a sound knowledge on the trade practices and financing, this is a “MUST-ATTEND” workshop.

Developing Practical Negotiation Skills

Negotiation is an essential skill of every buyer to obtain the best value for all purchases. Negotiation skills can be cultivated through effective learning and on-going practices.

In this two-day lively workshop, the trainer will share practical insights on the preparation for effective negotiation skills, negotiation best practices, as well as the pitfalls of contract negotiation. The workshop will also cover practical strategies, tactics and the techniques to create leverage, sustain advantage, and close negotiation professionally. It will also cover practical negotiation models and some of the mistaken assumptions in negotiation.

This workshop is designed for all personnel working in any industry and service establishments. For those who are keen to develop a sound knowledge on developing practical negotiation skills, this is a “MUST-ATTEND” workshop.

4G Integrated Logistics Management

Integrated logistics management is a strategic area that has not gained much limelight until recent years especially in the digital economy. This can have a major impact on profitability through reducing logistics and supply costs and thus improving customer value. Managing integrated logistics can be tough going if the principles and design aspects are not done right at the initial stage. The workshop equips participants with techniques to streamline and integrate procurement, production and inventory control, warehousing, transportation and distribution for a well-managed business system.

This workshop is designed for all personnel working in any industry and service establishments. For those who are keen to develop a sound knowledge on the practices of cost price analysis techniques and cost savings strategy, this is a “MUST-ATTEND” workshop.

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