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.
What you will learn
- Training CostUnderstand the importance of procurement and supply chain in attaining organizational goals
- Understand global best practices in procurement and supply chain management
- 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
What You’ll Learn?
- 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
- Make/buy decision
- Vertical integration
- Alliances and partnerships
- Inter-company trade
- Reciprocity and countertrade
- Supplier strategy
- The coordination strategy
- The purchasing organization
- 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
- 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
- The different contingency situations
- Contingency management
- Spend analysis
- Total cost of ownership
- Supplier performance measurement
- 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)
- 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
- 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
- Need to Hold Stocks
- Types of Stockholding/Inventory
- Stockholding Policy Implications
- Inventory Costs and Reasons for Rising Inventory Costs
- Inventory Replenishment Systems
- Demand Forecasting
- Different Inventory Requirements
- Lead-Time Gap, Inventory, and Time
- Analyzing Time and Inventory
- Inventory Planning for Manufacturing and Retailing
- Principles of Warehousing
- Storage and Handling Systems
- Order Picking and Packing
- Receiving and Dispatch
- Warehouse Design
- Warehouse Management and Information
- Cost and Performance Monitoring
- Benchmarking
- Information and Communication Technology in the Supply Chain
- Outsourcing
- Outsourcing Management
- Security and Safety in Distribution
- Logistics and Environment
- Operational
- Inventory
- Exchange rates
- Financial
- Disruption
- Security
Duration :
5 days or 4 weeks online
Delivery Mode :
- Online: Self-paced modules, live sessions, and virtual exercises.
- Onsite: Interactive workshops in Nairobi, Kenya, with group activities.
Cost :
Online :
USD 500
Onsite :
USD 800
4 Weeks Online :
USD 1600
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.
Audience:
- This training is suitable for professionals involved in procurement, purchasing, logistics, inventory, operations, finance, and supply chain decision-making.
Who Should Enroll ?
Procurement & Purchasing Officers
Supply Chain & Logistics Professionals:
Finance & Accounts Professionals
Contract & Supplier Relationship Managers