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This Procurement and Supply Chain Management Best Practices training seminar explores key concepts forming the basis of procurement and supply chain management and moves through leading edge issues that confront organizations today.
The development and implementation of carefully crafted strategies for the acquisition of all materials, goods, equipment and services has become a critical issue in all organizations wishing to reduce operating cost while improving quality and productivity. This Procurement and Supply Chain Management Best Practices training seminar explores key concepts forming the basis of procurement and supply chain management and moves through leading edge issues that confront organizations today.
This fast paced training seminar is designed for those wanting to develop high performance purchasing and supply chain organizations as we will in this training course:
This training seminar is split into two modules:
MODULE I - Procurement Best Practices
MODULE II - Logistics & Supply Chain Management
Each module is structured and can be taken as a stand-alone training course; however, delegates will maximise their benefits by taking Module 1 and 2 back-to-back as a 2-week training course.
Participants attending this training seminar will:
The organisation will benefit by:
Attendees will gain by participation in this training seminar as a result of:
Participants will increase competencies through a variety of instructional methods including lecture by experienced practitioners and consultants, exercises, review published articles, and group discussions covering current practices and their relationship to the implementation of new concepts. Additional use will be made of case studies, videos and delegates will receive a comprehensive course manual enabling practical application and reinforcement.
Session One: Course Overview
• Defining the Terms
• Making Connections
• The Value of Procurement
• Practice Makes Perfect
• Pre-Assignment Review
Session Two: Supply Chain Management Basics
• Defining the Terms
• Making Connections
• The Value of Procurement
• Practice Makes Perfect
• Pre-Assignment Review
Session Three: The Purchasing Cycle
• Cycle Overview
• Identifying a Need
• Researching Your Options
Lessons Learned
Session Four: Purchasing Toolkit
• Analyzing the Price
• Six Categories of Cost
• How Much?
• Analyzing Costs
• Evaluating Suppliers
• Evaluation Checklist
• Negotiation Basics
• Effective Questions
• Collaboration Techniques
• The Learning Curve
Session Five: Managing Competitive Bids
• Purchasing Through RFP’s and Tenders
• Making a Choice
• Creating a Contract
• Ethical Considerations
• Ethical Dilemmas
Session Six: Improving Efficiency and Accuracy
• Managing Supplier Performance
• Controlling Quality
• Setting and Monitoring Delivery Standards
Session Seven: Analyzing and Reducing Risk in the Supply Chain
• Whose Risk Is It Anyway?
• Agile Procurement
• A Risk Management Focus
Session Eight: Managing Internal Relationships
• Procurement’s Role in the Organization
• Spell It Out
• Making Your Mark
• Cross-Functional Teams
• Think About It
Session Nine: Tools of the Trade
• Digital Systems
• E-Commerce
• Tools of the Trade
• Evaluating Your Department
• Drawing Conclusions
• Recommended Reading List
• Post-Course Assessment
• Pre- and Post-Assessment Answer Keys
• Personal Action Plan
Session One: Course Overview
Session Two: Getting Started
• Defining the Terms
• Regulations and Resources
Session Three: The Evolution of the Supply Chain
• Vertical Integration Model
• Virtual Integration Model
• What’s Next?
Session Four: The Basic Supply Chain Structure
• The Links in the Supply Chain
• Making Connections
• Participants in the Supply Chain
• Designing Your Supply Chain
• The Bullwhip Effect
Session Five: Supply Chain Drivers
• Driving Success
• Choosing the Right Transportation Methods
• Making Connections
Session Six: Aligning Your Supply Chain with Business Strategy
• Identifying Your Market
• Making Connections
• Looking at Your Role
• Analyzing the Data
• Taking the Next Steps
• Making Connections
Session Seven: Managing Supply Chain Risks
Session Eight: Tracking and Evaluating Supply Chain Data
• Ratios and Formulas
• What is Benchmarking?
• The SCOR Model
• The Balanced Scorecard
• Supply Chain Management Dashboards
• Making Connections
Session Ten: Sharing Supply Chain Activities
• Outsourcing, Insourcing, Offshoring, and Reshoring
• Third- and Fourth-Party Logistic Providers
• Building Partnerships within Your Supply Chain
Session Eleven: Sustainable Supply Chain Strategies
• What is Sustainability?
• Reducing the Impact on the Environment
Session Twelve: Applying Lean Techniques to the Supply Chain
• Lean 101
• Applying Lean to the Supply Chain
Session Thirteen: The Future of Supply Chain Management
• Top Trends
• Making Connections
• Recommended Reading List
• Post-Course Assessment
• Pre- and Post-Assessment Answer Keys
• Personal Action Plan