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.

Description

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:

• Achieve a thorough understanding of what is the best practice
• Establish the mission, vision, and knowledge needed to successfully implement the processes and methods needed to reach world-class performance
• Provide an overview of the key drivers involved when viewing supply chains from a logistics/demand point of view
• Explain what procurement and supply chain management are fundamentally about so that delegates are able to apply key techniques in controlling cost, time and the movement of goods and materials to customers and users
• Provide practical skills to take back to the workplace to enable delegates to change current methods and activities and work better with all supply chain players

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 1-week training course.

Course Objectives

Participants attending this training seminar will:

• Review the meaning of strategic procurement
• Be given examples of best practices in procurement and the supply chain
• Review how to obtain best pricing
• Be taught how to develop spend analysis
• Develop a functional and cross functional view of the supply chain
• See that better working with all of the supply chain players pays
• Consider Key Performance Indicators (KPI’s)

Organisational Impact

The organisation will benefit by:

• Higher productivity of personnel involved in procurement activities
• Better outcomes in transactions with contractors and suppliers
• Reduced total cost of materials & services
• Better integration between internal functions
• Improved contractor / supplier performance
• Succeed in improving operations

Personal Impact

Attendees will gain by participation in this training seminar as a result of:

• Increased skill sets
• A greater ability to lead, plan, and manage the procurement and supply chain process
• A greater sense of professionalism and being able to contribute to the organisation
• Increased recognition from the organization due to improved personal performance
• Be able to understand, recall and apply improvements after the seminar for work based application
• Applying best in class practices

How will this Training Course be Presented?

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.

Who is this Training Course for?

• 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
• Those who need to develop their limited understanding about Logistics and Supply Chain Management
• Those who are looking for business gains and benefits from managing their supply chains more effectively

The Course Content

[Module 1]

Purchasing and Procurement Basics

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

 

[Module 2]

Logistics and Supply Chain Management

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