Advanced Purchasing Skills
Virtual: 3 – 6th February 2025 | Start Time: 9:00AM New York / 2:00PM London / 6:00PM Dubai
Course overview
Recent market disruptors have reaffirmed that to make calculated purchasing decisions, it is important to have a clear grasp of the value stream, operational costs, and factors influencing prices.
The Advanced Purchasing Skills Virtual Training Course offers practical insights that are critical when buying and selling chemicals. It will present you with unique techniques that will help strengthen your purchasing strategies.
Delegates will receive comprehensive insights into different analytical tools, negotiation techniques, and a plan execution that will enable you to navigate the market confidently while minimising risks.
Key topics include
The Advanced Purchasing Skills Training Course will focus on the following areas which are important to all purchasing professionals and decision-makers:
- Strategy development
Identify and prioritise saving opportunities to optimize cost reductions - Spend classification
This course tackles the different levers in order to set priorities strategically - Negotiation
Learn practical, tried-and-tested negotiation techniques to help improve your company’s profitability and competitive position in the market - Analytical tools
Gain practical insight into opportunity analysis to identify savings opportunities that can often be hidden - Execution and evaluation
Follow a step-by-step guide outlining the issues, perceived constraints, related repercussions along with proposed solutions
Who should attend?
The Advanced Purchasing Skills Training Course is suitable to all levels working in areas such as:
- Sourcing
- Sales
- Analysis
- Business Development
- Category Managers
- Purchasing / Procurement
- Trading
- Supply Chain
- Buyers
- Negotiators
- Purchasing decision-makers
Want to discover more to see if this course is suitable for you or need more information? Reach out to a member of our team.
Course fees
$1,800 (+UK VAT at 20% if applicable)*
3 – 6th February 2025 | Start Time: 9:00AM New York / 2:00PM London / 6:00PM Dubai – Sign up by 6th January 2025 to receive 10% off with our Early Bird Rate.
Dates to be announced for May and October 2025
*NB: Please enter your VAT number (or local equivalent) on our payment page, otherwise UK VAT at 20% will be applied. Customers based in the UK will be charged UK VAT at 20% whether or not a VAT number is provided.
For group bookings of three or more please contact us:
Patrick Lim
Email: training@icis.com
Tel: +44 33 0161 3209
What to expect in the virtual training?
- Fully digital platform
All sessions will be accessed virtually from your computer, tablet or mobile, giving you the flexibility of taking the course at your chosen location and device.
- Live and interactive sessions
Understanding the relevance of getting access to information in real time, the course will be delivered live and include interactive sessions providing you with a platform to engage with trainers and other delegates.
- Modular approach
The course will run over 4 days with a total of 12.5 hours of tuition time.
Trainers
James Ray – VP of Consulting, Americas, ICIS
James has worked in the plastics industry, for private equity firms in manufacturing, and recycling, with roles in operations, engineering, sales, purchasing, and general management. Since 2012, James has worked with ICIS Consulting. He has business advisory experience in multiple areas such as:
• ICIS Consulting on multi-billion dollar investments
• Sales & Purchasing Contract advisory over billions of dollars in sales & purchases
• Supply & demand analysis, price forecasting
• Planning, scheduling & management of key projects
• Operation cost modelling & activity based costing systems
• Quality systems management, assessment/adjustment
James is also a regular speaker at industry conferences and other training courses at ICIS, and holds a six sigma black belt in lean manufacturing.
Bespoke training solutions
ICIS works alongside our customers to create bespoke training courses that mould our expertise and your specific needs. We’ll pinpoint the current expertise of your employees, areas for improvement, and your business goals, and develop a training course that will bring tangible benefits to your business.
Our custom training courses are delivered as interactive workshops, focusing on the products, concepts and issues that are most relevant and beneficial to you.
- Save money on transportation and accommodation, with training at a convenient location
- Flexibility – you determine the length and duration of the sessions
- Interactive workshops with hands-on exercises, to reinforce key skills, techniques and concepts
- Take-away the course materials, presentations and background information for future reference
To enquire about in-house training for this course please click here and a member of our team will get back to you.
What our customers say
Chen Gang
Shanghai Jahwa United Co Ltd
“As a reliable, independent source of pricing data, ICIS has helped find common ground with suppliers who wanted to raise prices. ICIS forecast prices mean we can anticipate PE and PET price trends for the next 18 months and use this information to plan our purchases. We’re also reassured by their IOSCO certification.”
Petula Yan
Hong Kong Petrochemical
“Our clients recognise ICIS prices as an independent benchmark. Using ICIS price assessments in our purchasing contracts saves us time and helps us secure an appropriate supply of feedstock for our plants at the reasonable price.”
Sante Serrecchia
Ondaplast
“ICIS price forecasts have helped us allocate resources smartly and efficiently, to anticipate price changes, and to buy PP at favourable prices.
The reports have saved our internal team a lot of time and effort when analysing pricing trends.”
Get in touch
If you want to find out how our decision-making tools can help you navigate market shifts, contact us today. Simply fill in your details, submit the form and a member of our team will get in touch with you.
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