Purchasing and Inventory Control
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Examine purchasing practices and inventory control measures to promote savings and operational effectiveness. Learn straightforward approaches to control capitol expenditures. Identify Wisconsin laws that govern contracting and purchasing. Discuss common purchasing errors, and how to correct them. (PWSA)
Who Should Attend?
- Public works supervisors who wish to sharpen their skills
- Supervisors and managers who are new to the field of public works
- Public works employees who wish to prepare for advancement
- Public works engineers who are new to supervision and management
- Public works professionals engaged in the APWA Donald C. Stone Center leadership and management career path
Purchasing Management and Control: the basics
- Business procurement objectives and principles: right goods and services at the right time, at the right price
- Special governmental requirements Review of Procurement Approaches
- Contract: informal bid, formal bid, blanket contract, sole source contract, request for proposal, 'jump start'
- Non-contract: procurement card
- Formal bids: purchase requisition, purchase order
- Request for proposal
- Procurement card Wisconsin State Statutes: Chapter 62
- Board of Public Works
- Public Works contracting
- Piggyback contracts
- Multi-government procurement
- Government-to-government procurement
Special Considerations in Construction Contracting
- Bid versus RFP
- Design-Build versus Design-Bid-Build contracts
- Construction contracting risks and risk mitigation
Inventory Management Basics
- Assigning inventory management responsibility and authority
- 'A' items versus 'across the board' inventory focus
- Physical, procedural and accounting controls
- Concept of economic lot size and 'Economic Order Quantity'
- Inventory management performance measures
Michael Daun is a private financial consultant and the former deputy comptroller for the City of Milwaukee. Prior to his promotion to deputy comptroller, he held three financial directorships at the city including financial services, accounts and policy management. He was a senior budget officer for the governor’s office of the state of Illinois and served as chair of the GFOA standing committee on capital planning and economic development. He has an MBA in public finance from Cornell University and a civil engineering degree from Marquette University.
Purchasing and Inventory ControlCourse #: RA01394
Purchasing and Inventory ControlDate: Tue. October 05, 2021 – Thu. October 07, 2021
- Fee covers morning and afternoon breaks, scheduled lunches, course materials.
- CEU: .6
- PDH: 6
Purchasing and Inventory ControlDate: Thu. October 15, 2020 – Thu. October 22, 2020
Fee covers live online course instruction via Blackboard with Net-ID and course materials.
- CEU: .6
- PDH: 6