Conducting a Successful Purchasing Audit (OnDemand Webinar)

$199.00

SKU: 404804EAU

Description

Learn how purchasing audits can be beneficial to the bottom line.The purchasing audit is used as a diagnostic process that identifies opportunities for increased profitability. The purchasing audit should be broad and systematic and serves a way of reaffirming the company objectives, determine how the current purchasing strategy is performing, and identify the areas that need immediate managerial attention. You will learn about the elements required to conduct a successful purchasing audit.

Date: 2019-01-30 Start Time: End Time:

Learning Objectives

Internal vs. External Audit Criteria

Internal Auditing Criteria
• Make vs. Buy Decisions
• Strategy and Sourcing
• Supplier Relationship Management

External Auditing Criteria
• Supplier Categories
• Supplier Performance Evaluation

Outsourcing
• Purposes and Benefits of Outsourcing
• Hidden Cost Analysis

Fraud Exposure
• The Purchasing Cycle
• Administration

No Credit Available

W.C. Benton, Jr.-The Ohio State University