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Procurement & Supply Chain Management Training Workshop

Establishing and implementing a prudent procurement strategy for all materials, goods, equipment and services has become a critical issue for any organization seeking to increase quality and productivity while reducing operating costs.
Procurement and supply chain management training covers the basic principles, procedures, terminology, methods and tools used in procurement and supply chain management.
Participants will learn how to create practical strategies to meet the needs of internal and external customers and achieve business objectives. This course examines how to evaluate supply market dynamics and costs to design procurement and supply chain methods.
This procurement and supply chain management training also covers global best practices and the impact of the external environment on procurement and supply.

Target Participants
Training on procurement and supply chain management is ideal for procurement and supply chain management staff, project managers, finance staff, operational staff, government officials, and any other professionals who want to build their skills in procurement and supply chain management.

Course Duration

What you will learn
By the end of this course the participants will be able to:
  • Training CostUnderstand the importance of procurement and supply chain in attaining organizational goals
  • Understand global best practices in procurement and supply chain management
  • Create a strategic sourcing plan, evaluate internal spending and supply market trends
  • Apply various sourcing techniques to maximize savings and guarantee supply security
  • Control the effectiveness of the procurement procedures for ongoing development
  • Obtain fresh perspectives on improving supply chains and logistics to gain a competitive advantage

Course Outline

Procurement as a Dynamic, Interactive System
  • Definition of procurement
  • The system approach vs. the traditional functional approach
  • What is the goal of procurement?
  • Developing the strategic procurement plan
  • Overview of the procurement process
  • Procurement as part of the supply chain

Developing the Strategic Procurement Decisions
  • Make/buy decision
  • Vertical integration
  • Alliances and partnerships
  • Inter-company trade
  • Reciprocity and countertrade
  • Supplier strategy
  • The coordination strategy
  • The purchasing organization

Implementing the Tactical Procurement Decisions
  • Supplier Involvement
  • Value analysis
  • Quality assurance
  • Supplier selection
  • Supplier rating and ranking
  • Contract management
  • IT systems and e-procurement
  • Policies and procedures
  • Staffing the procurement department

Dealing with Operational Procurement Decisions
  • Selecting the most appropriate ordering process
  • Addressing quality issues
  • Follow-up
  • Overdue orders
  • Expediting
  • The payment process
  • Reducing the cost of the procurement: small-value purchase orders

Contingency Procurement Decisions
  • The different contingency situations
  • Contingency management

Procurement Performance Measurement
  • Spend analysis
  • Total cost of ownership
  • Supplier performance measurement

Introduction to Supply Chain Management
  • What is supply chain management?
  • Principles of supply chain management
  • The supply chain and competitive performance
  • The changing competitive environment
  • Supply chain operations reference models (SCOR)
  • The theory of constraints (TOC)

Logistics and Distribution
  • Concepts of Logistics and Distribution
  • Integrated Logistics and Supply Chain
  • Customer Service and Logistics
  • Channels of Distribution
  • Issues and Challenges for Logistics and the Supply Chain

Procurement in Supply Chain
  • The difference between procurement and purchasing
  • What is the role of procurement and purchasing?
  • Support operational requirements
  • Managing the procurement process and the supply base
  • Team roles and responsibilities

Inventory Planning and Management
  • Need to Hold Stocks
  • Types of Stockholding/Inventory
  • Stockholding Policy Implications
  • Inventory Costs and Reasons for Rising Inventory Costs
  • Inventory Replenishment Systems
  • Demand Forecasting

Inventory and Supply Chain
  • Different Inventory Requirements
  • Lead-Time Gap, Inventory, and Time
  • Analyzing Time and Inventory
  • Inventory Planning for Manufacturing and Retailing

Warehousing and Storage
  • Principles of Warehousing
  • Storage and Handling Systems
  • Order Picking and Packing
  • Receiving and Dispatch
  • Warehouse Design
  • Warehouse Management and Information

Operational Management
  • Cost and Performance Monitoring
  • Benchmarking
  • Information and Communication Technology in the Supply Chain
  • Outsourcing
  • Outsourcing Management
  • Security and Safety in Distribution
  • Logistics and Environment

Supply Chain Risks
  • Operational
  • Inventory
  • Exchange rates
  • Financial
  • Disruption
  • Security

Training Approach
Training on procurement and supply chain management is delivered by our seasoned trainers who have vast experience as expert professionals. The course is taught through a mix of practical activities, theory, group works and case studies.
Training manuals and additional reference materials are provided to the participants.

Upon successful completion of this training on procurement and supply chain management course, participants will be issued a certificate.

Tailor-Made Course
We can also do this as a tailor-made course to meet organization-wide training needs. A training needs assessment will be done on the training participants to collect data on the existing skills, knowledge gaps, training expectations and tailor-made needs.

Training Fee
OnsiteUSD 800
Online: USD 500

Group Discounts Apply
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