Oxbridge Academy Distance Learning South Africa

Purchasing Management Courses In South Africa:

Interested in this course?
Get your R800 VOUCHER now!

Act now and get a voucher worth R800, which will be subtracted from your course fee once you've registered successfully! (*not applicable to Computer Studies & National Qualifications)

1 DOWNLOAD the registration form! (Right-click and Save)

2 DOWNLOAD your voucher! Simply fill in your details below, and we will send you the download link for the voucher, as well as periodic information regarding our courses! (There is no obligation, you can unsubscribe at any time)

What Is A Purchasing Manager?

Purchasing managers are the front line specialists that record, track, and keep abreast of any changes that might affect the demand, as well as the supply and the need for products, materials, and information that make a difference in company projections and goals.

Purchasing managers have different titles based on the business or industry. Retail companies call their purchasing managers: buyers ,while wholesale companies may call their purchasing managers: purchasing agents. Whatever title is assigned to the job of purchasing the responsibilities are similar, they study inventory levels, record sales, identify domestic as well as foreign suppliers, and stay focused on market conditions that can alter the supply or the demand for products and materials. Effective purchasing managers help companies meet planned projections.

Government agencies as well as some manufacturing firms use titles like contract specialists, purchasing directors, and purchasing agents to describe employees that buy parts, materials, supplies, machines, services, and other items that affect the production of a product or service within the organization. Some purchasing agents negotiate as well as supervise supply contracts. They are call supply or contract managers. Government contract managers may be responsible for developing a bid system that adheres to strict conditions as well as certain regulations that eliminate any hint of impropriety in official transactions.

Purchasing specialists in the retail and wholesale business are commonly called merchandise managers and buyers. They are an integral part of a complex system of merchandising and distribution that identifies and then satisfies the needs of end consumers. Wholesale buyers purchase goods directly from manufacturers or from other wholesale companies and they resell them to retail chains, commercial institutions, and other organizations. Wholesale as well as retail purchasing managers must be able to identify product that will appeal to consumers before the product reaches the stores. They must constantly track consumer trends, and the buying habits of a specific social group. They must be able to balance inventory levels with sales and be able restock stores in a manner that increases sales. Trends can change quickly so competitor and economic changes must be constantly monitored in order to meet quotas and profit goals.

Merchandise managers work with marketing departments to develop ads, and sales promotions and they stay in touch with store personnel through emails as well as store visits in order to adjust store inventory levels and make price adjustments that eliminate slow moving products.

One of the most critical responsibilities of a purchasing manager is evaluating suppliers. Production delays can ruin sales plans and destroy inventory control. Late deliveries as well as poor quality ruin profit margins. Purchasing managers are measured by supplier performance so they must attend trade shows and conferences; search the Internet for new concepts, and subscribe to industry publications that contain pertinent supplier and consumer information.

What You Will Learn In This Purchasing Management Course

The objectives of a purchasing department
The procedures used in purchasing
The characteristics of materials management
Information technology
How suppliers are located
Strategic planning
Key factors in negotiation
Costing techniques
Accounting concepts
Financial statements
How information is recorded
Accounting data
The marketing concept
Selling and the marketing mix
The sales function
The steps in strategic planning

Who Will Benefit From This Purchasing Management Diploma?

This course is developed to benefit any individual who is currently working in the business industry who wants promotion at work,

any student who cannot afford to go to university to study, but wants to acquire more knowledge and understanding in this specific working environment to make them employable.

What Qualification Will I Have After I Have Completed My Purchasing Management Diploma?

The Oxbridge Academy Purchasing Management Diploma is a career-orientated skills programme which is provider developed and assessed. The diploma is issued by Oxbridge Academy and endorsed by the South African Institute of Management (SAIM). After completion of this diploma the student will show competence in the area of Purchasing Management.

Back to Business Studies

Oxbridge Academy Registration Form

ANY QUESTIONS?