The 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
The System Approach vs. the Traditional Functional Approach
Goals of Procurement
Developing the Strategic Procurement Plan
Procurement Process
Procurement as Part of the Supply Chain
Make / Buy Decision evaluation
Vertical Integration
Alliances and Partnerships
Inter-company Trade
Reciprocity and Counter Trade
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 Procurement strategy
The Different Contingency Situations
Contingency Management
Spend Analysis
Total Cost of Ownership
Supplier Performance Measurement
Logistics and Supply Chain Management
Understanding the Supply Chain Dynamics
International and Global Logistics
Supply Chain Operations Reference Models
Theory of Constraints
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
Key Performance Indicators (KPI)
Warehouse Management:
Role in the Supply Chain
Flows
Equipment Selection
Supply Chain Risks:
Operational
Inventory
Exchange Rates
Financial
Disruption
Security
Difference between Procurement and Purchasing
Role of Procurement and Purchasing
Support Operational Requirements
Manage the Procurement Process and the Supply Base
Develop Strong Relationships with Other Functional Groups
Team Roles and Responsibilities
Statistics in Inventory Management
Financial in Inventory Management
Selective Inventory Control Management
Understanding Inventory Status
Reducing Excess and Obsolete Inventory
Improving the Organization’s Logistics and Supply Chain
Introduction and Overview
The Procurement Process
Elements of Supplier Selection
Supplier Evaluation
The Bidding Process
Supplier Contracting
Contract Principles
Contract Drafting
Contract Drafting
Establish the mission, vision, and knowledge needed to successfully implement the processes and methods needed to reach best performance
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
Be familiar with the basics of purchasing and the purchasing environment.
Have an understanding of the various approaches, tools, and strategies used in negotiations.
Learn the entrepreneurship and pricing scenarios
Understand the marketing management and the strategies involved in developing a marketing plan.
Become aware of the subjects in the field of price and cost analysis from a purchasing and production perspective.
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.
Be able to develop performance standards and operational guidelines; which can improve the efficiency and effectiveness of purchasing and supply chain.
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.
Increase in personal confidence, satisfaction, and pride from direct involvement in purchasing and supply chain operations.
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