Procurement and Supply Chain Management Training

Procurement and Supply Chain Management Training

About the Program

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 training program explores key concepts forming the basis of procurement and supply chain management and moves through leading edge issues that confront organizations today.

By the end of this training, the participants will be able to understand about:

1. Comprehensively understand strategic procurement
2. Demonstrate best practices in procurement and the supply chain
3. Review how to obtain best pricing
4. Develop spend analysis
5. Develop a functional and cross functional view of the supply chain
6. See that better working with all of the supply chain players pays
7. Consider Key Performance Indicators KPI’s

Target Audience

• Contracts, Purchasing, and Procurement Personnel
• Project, Engineering, Operational, and Maintenance, Personnel who are involved in the planning, and execution of purchases and contracts
• Supply, Buying, Purchase, Logistics, Materials and Supply Chain Professionals
• All involved in the acquisition of materials, equipment, and services and who are in organizations whose leadership want high levels of competency in those involved in these activities

Training Period

• Classroom: 5 Days
• Online: 7 Days

Modules

Module 1: Seeing Procurement as a Dynamic, Interactive System

• The System Approach vs. the Traditional Functional Approach
• What is the goal of Procurement?
• Developing the Strategic Procurement Plan
• An Overview of the Procurement Process
• Procurement as Part of the Supply Chain

Module 2: Developing the Strategic Procurement Decisions

• Make / Buy Decision
• Vertical Integration
• Alliances and Partnerships
• Inter-company Trade
• Reciprocity and Counter Trade
• Supplier Strategy
• The Coordination Strategy
• The Purchasing organization

Module 3: 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

Module 4: 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 Procurement: Small Value Purchase Orders

Module 5: Contingency Procurement Decisions

• The Different Contingency Situations
• Contingency Management

Module 6: Procurement Performance Measurement

• Spend Analysis
• Total Cost of Ownership
• Supplier Performance Measurement

Module 7: Understanding Logistics and the Supply Chain

• Definitions of Logistics and Supply Chain Management
• History and the Development
• Understanding the Supply Chain Dynamics
• International and Global Logistics
• Supply Chain Operations Reference Models (SCOR)
• The Theory of Constraints (TOC)

Module 8: Transportation Economics

• The Role of Transportation in Logistics
• Management Key Decisions
• Types of Mode or Intermodal System
• International Commercial Terms in Transportation and the Liabilities
• Documentation in Transportation
• Hazardous Materials Transportation

Module9: Performance, Risk and Warehouse Management

• Key Performance Indicators (KPI)
• Warehouse Management:
• Role in the Supply Chain
• Flows
• Equipment Selection

Delivery Method

This program is taught through a mix of practical activities, theory, group work and case studies. Training manuals and additional reference materials are provided to the participants.

CERTIFICATION

Upon successful completion of the training, participants will be awarded a certificate of course completion