EFFECTIVE STRATEGIES FOR LOCAL AND INTERNATIONAL PROCUREMENT/PURCHASING FUNCTIONS

CLASSROOM FEE: ₦80,000 | ONLINE FEE: ₦60,000

SYNOPSIS: An Introduction to Importing processes and procedures will offer practical guidance to prospective and existing importers by considering the basic procedures, terminologies   and documentation involved in importing. It will give an overview of the entire importing process including supplier selection, evaluation of risks, supply chain, terms of delivery, methods of payment, selection of clearing agent, duty and excise and the role of Nigerian customs and other agencies.

This course will consider the basic procedures, terminology and documentation involved in importing. It will give an overview of the entire importing process including supplier selection, evaluation of risks, supply chain, terms of delivery, methods of payment, selection of clearing agent, duty and excise and the role of customs.

COURSE OBJECTIVES

At the end of this workshop the participants will be able to:

• develop understanding of procurement and its functions;
• examine the purchasing cycle, and manage it for deliver effective and efficient service services to their customers;
• consider developing world class suppliers and manage the relationship on a partnership bases;
• run procurement function as a profit center through her operations and customer service;
• Develop an understanding of international purchasing processes.

COURSE CONTENT

Introduction to Procurement

• Definition
• Purchasing Rights (5R’s, 8R’s 25R’s)
• Purchasing cycle and its documentations
• It’s contribution to business success
• Developing an SOP for procurement
• Relationship with other functions

Procurement Operations

• Materials planning to meet operational needs
• Planning Inventory to meet
• Market/customer demand
• Negotiation with market research
• Forecasting and scheduling

• Inventory management

Purchasing and Customer Service

• Supplier Development and Relationship Management

• Internal customer satisfaction
• External customer satisfaction

• Handling of complaints from customers

International Procurement

• Background to importing
• Balance of Trade
• Indirect and direct importing
• Role of Clearing an Agent
• Evaluations of risks – Supplier Due Diligence
• Processing an import order – the contract of sale
• Key documentation
• The role of Nigerian customs & other relevant agencies
• Import Duties
• Import VAT
• Import Landed Cost Calculation
• Valuation Methods for Imports
• Tariff Codes – HS / CN / TARIC
• The Import Process
• CPC Codes – A brief explanation
• Incoterms – Application and impact on imports

FOR WHOM: Purchasing/Procurement Managers, Officers, Supervisors, Materials Managers, Store/Warehouse Managers, Officers, Supervisors etc.