Procurement, Logistics and Supply Chain Management Course

IntroductionThe development and implementation of strategic on 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 course will introduce participants to the fundamental aspects of the supply chain environment, including enterprise resource planning systems and requirement systems. The interrelationships between purchasing, vendor selection, sources of supply, and technology will also be explored in this program. The focus is on management and the skills and resources for a successful manager Duration 5 days. Course Objectives Upon completion of this training course, participants will be able to: o Establish the mission, vision, and knowledge needed to successfully implement the processes and methods needed to reach best performance o Explaining what procurement and supply chain management are fundamentally about so that participants are able to apply key techniques in controlling cost, time and the movement of goods and materials to customers and users o Be familiar with the basics of purchasing and the purchasing environment. o Have an understanding of the various approaches, tools, and strategies used in negotiations. o Learn the entrepreneurship and pricing scenarios o Understand the marketing management and the strategies involved in developing a marketing plan. o Become aware of the subjects in the field of price and cost analysis from a purchasing and production perspective. o Be able to promote recognition and acceptance of professional status for certified people involved in purchasing and supply chain operations among other areas of business management. o Be able to develop performance standards and operational guidelines; which can improve the efficiency and effectiveness of purchasing and supply chain. o Be able to develop and live by a code of ethical standards for purchasing and supply chain operations under which modern business practices might be more clearly understood and favorably accepted by the public in general. o Increase in personal confidence, satisfaction, and pride from direct involvement in purchasing and supply chain operations. Who Should Attend This program is intended for anyone currently working in, or planning to work in, procurement management, supply management, a purchasing department, or any other area involved with procurement or supply.  Course Outline Module one: Procurement as a Dynamic, Interactive System o The System Approach vs. the Traditional Functional Approach o Goals of Procurement o Developing the Strategic Procurement Plan o Procurement Process o Procurement as Part of the Supply Chain Module two: Developing the Strategic Procurement Decisions o Make / Buy Decision evaluation o Vertical Integration o Alliances and Partnerships o Inter-company Trade o Reciprocity and Counter Trade o Supplier Strategy o The Coordination Strategy o The Purchasing Organization Module Three: Implementing the Tactical Procurement Decisions o Supplier Involvement o Value Analysis o Quality Assurance o Supplier Selection o Supplier Rating and Ranking o Contract Management o IT Systems and e-Procurement o Policies and Procedures o Staffing the Procurement Department Module Four: Dealing with Operational Procurement Decisions o Selecting the most Appropriate Ordering Process o Addressing Quality Issues o Follow-up o Overdue Orders o Expediting o The Payment Process o Reducing the Cost of Procurement strategy Module Five: Procurement Decisions and Procurement Performance Measurement o The Different Contingency Situations o Contingency Management o Spend Analysis o Total Cost of Ownership o Supplier Performance Measurement Module six: Understanding Logistics and the Supply Chain o Logistics and Supply Chain Management o Understanding the Supply Chain Dynamics o International and Global Logistics o Supply Chain Operations Reference Models o Theory of Constraints Module Seven: Transportation Economics o The Role of Transportation in Logistics o Management Key Decisions o Types of Mode or Intermodal System o International Commercial Terms in Transportation and the Liabilities o Documentation in Transportation o Hazardous Materials Transportation Module Eight: Performance, Risk and Warehouse Management o Key Performance Indicators (KPI) o Warehouse Management: o Role in the Supply Chain o Flows o Equipment Selection o Supply Chain Risks: Operational Inventory Exchange Rates Financial Disruption Security Module Nine: Procurement in Supply Chain o Difference between Procurement and Purchasing o Role of Procurement and Purchasing o Support Operational Requirements o Manage the Procurement Process and the Supply Base o Develop Strong Relationships with Other Functional Groups o Team Roles and Responsibilities Module Ten: Inventory Management o Statistics in Inventory Management o Financial in Inventory Management o Selective Inventory Control Management o Understanding Inventory Status o Reducing Excess and Obsolete Inventory o Improving the Organization’s Logistics and Supply Chain Module Eleven: Contract drafting o Introduction and Overview o The Procurement Process o Elements of Supplier Selection o Supplier Evaluation o The Bidding Process o Supplier Contracting o Contract Principles o Contract Drafting o Contract Draftin