Purchasing power advice on offer

Posted on 6 Oct 2010 by The Manufacturer

A series of free workshops on purchasing best practice takes place later this month, organised by the Manufacturing Advisory Service West Midlands.

The workshops, delivered by lean consultancy PEDA, will give purchasing professionals techniques for managing their supply chain, optimising material spend and identifying innovative ways of buying services. There will also be a focus on the acquisition of capital plant so that companies can free up cash within their business and insights into e-commerce and low cost sourcing.
The up coming dates are:
• Stourbridge Rugby Club (19th Oct),
• Coventry and Warwickshire Chamber (20th Oct)
• Cannock Cricket and Hockey Club (21st Oct).

More workshops will then take place in November and January.

“Purchasing controls between 50-80% of all costs for most manufacturers so getting it right is vitally important,” explained PEDA’s Peter Hales.

“It is the biggest opportunity to deliver ‘bottom line’ improvement, with just a 5% increase in performance equivalent to increasing sales turnover by 50% or more. These workshops will provide the knowledge to help firms maximise profitability by adopting good practices.”

To book your place at one of the workshops, email [email protected] or call 0121 415 3761.