• Institute of Supply and Materials Management
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Course in Purchasing Management (English)

Course in Purchasing Management-English (PME)

The Institute of Supply and Materials Management (ISMM) is the national body representing the Purchasing and Supply Management profession in Sri Lanka. It is incorporated by Act of Parliament. ISMM conducts training programmes for different levels and the examination qualifications are recognized by the Ministry of Public Administration. Apart from training programmes, ISMM also conducts Consultancies in the field of Purchasing and undertakes assignments in drafting and updating of Purchasing Procedures etc. to Government and Private Sector Organizations.
It is hoped that organisations in the Public and Private sectors will take full advantage of the special training facilities provided by this Institute, which is specifically directed to the advancement of Purchasing, Supply and Materials Management in Sri Lanka. Details of the above captioned course are as shown below :-

Objective              :  To provide an understanding of Purchasing, Inventory Control Techniques, Stores procedures for persons engaged in the field of Materials Management.

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    Course Content:
    • Importance & Objectives of Purchasing and Materials Management
    • Finance and Economics for Purchasing
    • International Trade
    • The Purchasing Cycle
    • Quotation Procedure, Tender Procedure
    • Selecting Supply Sources
    • Purchase Records
    • Law of contract
    • Contracts & Agreements
    • Purchase of Commodities
    • Purchase of Capital Equipment
    • Quality circle
    • Nature and Functions of Management
    • Planning, Organization & Delegation
    • Human Relations and Motivation
    • Work Study
    • Communication
    • Buyer and Seller Relationships
    • Forward Buying
    • Planning & Administration of Purchasing Operations
    • Storage Methods, Location and Layout
    • Duties and Responsibilities of Purchasing Manager
    • Negotiations
    • Purchase Ethics
    • Goods Inward Procedures
    • Issues & Distribution
    • Recovery, Recycling & Disposal
    • Customs Tariffs, Clearing Procedure etc
    • Purchase Budget
    • Make or Buy Decision
    • Methods of Stock Control
    • Economic Order Quantity
    • Coding and Classification & Standardization
    • Purchasing Manual
    • Progressing
    • Computer Application for Purchasing & Bar Coding
    • Value Analysis
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    For Whom:

    Managers, Executives, Practitioners in Purchasing and Supply Chain Management, University Graduates or School Leavers seeking Professional Qualifications.

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    Entry Requirements:

    A pass at the G.C.E. (O/L) Examination with English as a subject or those who are presently employed as Purchasing Officers, Purchasing Assistants and Purchasing Clerks, Supervisors or other officers engaged in this field.

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    Duration:

    12 Sundays (Three Months)

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    Course Fees & Commencement:
    Rs. 25,000/= (Inclusive of Registration Fee(Rs. 10,000/- (non-refundable))
     
    Course Commencement: 18th of October 2020