Purchasing Management and Cost Saving Techniques Training

Learning Outcomes

• Analyze the procurement cycle and identify cost-saving opportunities within each phase.
• Apply strategic sourcing methods to optimize supplier selection and contract negotiation.
• Evaluate total cost of ownership (TCO) to make informed purchasing decisions.
• Implement inventory management techniques to reduce carrying costs and minimize waste.
• Demonstrate effective negotiation skills to achieve favorable pricing and terms.
• Design a cost reduction plan aligned with organizational goals and ethical procurement practices.

Target Audience

Procurement officers, supply chain managers, and purchasing professionals seeking to enhance their strategic sourcing and cost management skills.

Prerequisites

None — open enrollment

Course Outline

Practicals

Overview

Practical sessions are essential to apply negotiation, cost analysis, and contract management skills in simulated real-world scenarios. Learners engage in role-plays, supplier scorecard creation, and TCO calculations to reinforce theoretical concepts and build hands-on competence.

Practical Activities

• Supplier Scorecard Development — Learners develop a supplier scorecard using real or simulated data, weighting criteria such as quality, cost, delivery, and service. (4h)
• Total Cost of Ownership (TCO) Calculation — Learners calculate TCO for two competing products, considering purchase price, maintenance, energy, and disposal costs. (4h)
• Negotiation Role-Play — Pairs of learners simulate a buyer-supplier negotiation over pricing and contract terms, using a prepared case scenario. (4h)
• Cost-Saving Proposal Presentation — Learners prepare and present a cost-saving action plan for a real or hypothetical organisation, integrating techniques from the course. (4h)

Summatives

Each delegate is assessed continuously throughout the course via daily exercises, scored practical assignments, and a final summative test at the end.

Practical Assignments — 30%

Practical assignments are observed and scored against a rubric during the practical sessions. Each delegate's practical mark is averaged into a single 100% score and contributes 30% to the final total.

Daily Exercises — 20%

Every training day ends with a multiple-choice exercise scored out of 100%. The scores from each daily exercise are averaged across the duration of the course to produce a Daily Average mark, which contributes 20% to the final total.

Final Test — 50%

On the last day a final summative test is written. It is a multiple-choice paper with multiple-answer questions: each question may have more than one correct option, and a single wrong selection on a question marks the entire question wrong — no partial credit. The final test is scored out of 100% and contributes 50% to the overall mark.

Final Total

Component	Out of	Weight
Practical Assignments (rubric-scored)	100%	30%
Daily Average (multiple choice)	100%	20%
Final Test (multi-answer multiple choice)	100%	50%
Final Total	—	100%

All marks are recorded on the AATICD LMS and visible to each learner under their account.

Certificate

How it works

• Certificates are auto-generated on the AATICD LMS as soon as the marks pass the 50% threshold.
• Each certificate is a branded PDF with the delegate's name, the course title, the unit standard ID, NQF level, credits, and the date of issue.
• You can download or print your certificate from your LMS dashboard at any time after issue — there's no reissue fee and no expiry date.
• If you scored under 50% you can sit the final test again at the next scheduled session at no extra cost.

Where to find it

Sign in to the LMS, open your dashboard, and your certificates appear under My Certificates. Each entry has a View / Download button and a print option.

Training Discounts

Group discounts apply automatically — the more delegates you enrol, the greater the saving. Discounts are calculated at 3% per 5 delegates, scaling up to 40% off for 100+ delegates.

Delegates	Discount
5	3% off
10	6% off
15	9% off
20	12% off
25	15% off
30	18% off
50	30% off
75	35% off
100	40% off

3% discount per 5 delegates, up to 40% off for 100+ delegates. Contact us for a custom group quote.