Course Schedule

Procurement & Supply Chain Management

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Code Course Title Venue Date Fees Join Now
MM12 Procurement & Supply Chain Management Dubai - UAE, 20190224 24 - 28 Feb 2019 $3,750 Register
MM12 Procurement & Supply Chain Management Budapest – Hungary, 20190527 27 - 31 May 2019 $4,750 Register
MM12 Procurement & Supply Chain Management London - UK, 20190729 29 Jul - 02 Aug 2019 $4,750 Register
MM12 Procurement & Supply Chain Management Dubai - UAE, 20191020 20 - 24 Oct 2019 $3,750 Register
MM12 Procurement & Supply Chain Management Vienna - Austria, 20191122 18 - 22 Nov 2019 $4,750 Register

COURSE OVERVIEW

In today’s procurement, where the volume of suppliers is large, decision-makers cannot rely on intuition to make strategic decisions. Also, as the global marketplace has evolved, the procurement function has moved from being a purely operational purchase order fulfillment department to a more strategic role. The current nature of global business and its increasingly complex supply chain networks demand advanced tools to meet the complexity and accelerating change in procurement.

This training course explores key concepts forming the basis of strategic procurement and supply chain management, and moves modern organizations from typical tactical focus to the strategic focus needed to successfully implement the processes and methods needed to reach world-class performance.

IMPORTANT FEATURES

The important features of the Procurement Contracts & Supply Chain Management training course are:

  • Crafting a successful procurement/contract strategy
  • Finding new ways of forging lasting relationships with suppliers
  • Effectively dealing with end users
  • Identifying conflict in the Supply Chain and how to resolve it
  • Delivering tangible results

LEARNING OBJECTIVES

By attending this training course, delegates will be able to implement procurement & supply chain measures that will immediately bring improvements. They will:

  • Understand the concept of a Supply Chain
  • Be able to identify opportunities for cost savings
  • Take the necessary steps to implement lasting solutions
  • Craft a successful procurement/contract strategy
  • Deliver the required results
  • Be able to measure performance globally

TARGET AUDIENCE

The Procurement Contracts & Supply Chain Management training course is beneficial to a large group of audience, 

  • Personnel involved in Procurement and Supply Chain Management
  • Contracts, Purchasing, and Project personnel
  • Engineering, Operational and Maintenance Personnel
  • And all others who are involved in the planning, evaluation, preparation, and management of purchases that cover the acquisition of materials, equipment, and services
  • End-users involved in setting specifications

TRAINING METHODOLOGY

The Procurement Contracts & Supply Chain Management training course will be interactive and practical. There will be group discussions as well as individual exercises and everyone will get an opportunity to discuss their issues. Each day will end with time to produce an action plan for delegates’ continuing development.

Pre & Post course assessments will be used to measure the effectiveness of this training.

COURSE CONTENTS

DAY 1 – Introduction

  • KeyTopics:

    • Overview of the Supply Chain concept
    • Focus areas of Supply Chain Management
    • Types of Supply Chains
    • The role of Procurement in the Supply Chain
    • Evolution of buying into Supply Management
    • Evolutionary stages To World Class Procurement
    • Objectively measuring the performance of the Supply Chain

DAY 2 – Strategic Decisions in Procurement

  • KeyTopics:

    • Vertical integration, partnerships, and strategic alliances
    • Involving end-users in the procurement process
    • Developing a successful supplier strategy
    • Crafting a contracting strategy
    • Coordination of purchasing requirements
    • Transfer pricing and inter-company trade
    • Purchasing organization

    Tactical Decisions in Purchasing

    • Early Supplier Involvement (ESI)
    • Value analysis
    • Supplier selection
    • Supplier quality assurance & auditing
    • Supplier rating
    • Contract management
    • Purchasing information system
    • Purchasing policies and procedures
    • Staffing issues
    • Commodity teams

DAY 3 – Operational Decisions in Purchasing

  • KeyTopics:

    • The ordering process
    • Expediting
    • Invoice verification
    • Workload management
    • Document handling
    • Effectively Dealing with small value purchases
    • Developing Spend Profiles and the ABC Analysis

DAY 4 -Applying Supply Chain Management Principles to Procurement

  • KeyTopics:

    • The four V’s of Supply Chain Management
    • Creating a value proposition
    • SCM Planning process
    • Four different SCM scenarios
    • Using ERP to effectively spare part requirements

DAY 5 – Change Management in Procurement

  • KeyTopics:

    • Why the status quo is no longer good enough
    • Determining the readiness of an organization for change
    • Implementing a change management project
      • Determining what to change
      • Determining what to change to
      • Determining what is required to implement the change
    • Putting forward a business case to top management

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