Purchasing, Warehousing, Inventory, Logistics and Supply Chain MasterClass Program

COURSE OVERVIEW

Procurement & Supply Chain plays a significant role in adding value to the organisation and positive impact on profitability. The importance of the function has increased recognition from executive board of organisation across all industries. Hence, it is essential to have up-to-date knowledge for the professionals regarding organisational objectives, best practices in the value chain, formulate strategies, management of risk, and supply security. These are necessary to achieve competitive advantage in the highl …

LEARNING OBJECTIVES

The procurement, Logistics & Supply Chain Management training course is based on accomplishing the following objectives:

• Understand the role of Procurement and Supply Chain and its contribution to achieving organisational objectives
• Understand International Best Practices and influence of the External Environment
• Evaluate internal spend and supply market dynamics to formulate strategic sourcing plan
• Application of different sourcing strategies to leverage savings and ensure supply security
• Management of supplier and market associated risks to protect the interest of the organisation
• Supplier selection, integration Management to achieve an optimum balance between material cost price and quality
• Develop skills required for effective supplier relationships to achieve enhanced value
• Manage performance of procurement processes for continuous improvement
• Gather new insights into developing logistics and supply chain to achieve competitive advantage
• An increased understanding of the impact of logistics and supply chain management on costs and financial performance
• Appreciation of approaches and frameworks that can be applied to different market segments
• Reviews of the latest thinking on supply chain strategy, planning and execution

COURSE CONTENTS

Module 1 – Role of Procurement & Contribution Overview

• KeyTopics:
  • Purchasing and its contribution to the organisation
  • Mission and Vision of Procurement
  • International Best Practices in Procurement
  • The influence of the External Environment in Procurement
  • Developing a World class procurement strategy
  • The Procurement Cycle – Process Overview

Module 2 – Setting the Strategic Sourcing Methodology

• KeyTopics:
  • Spend Category Analysis & Strategy
    • Profiling spend categories
    • Assessing market risks
    • Analyzing financial impact
    • Mapping spend categories (Routine, Bottleneck and Strategic Items)
    • Consolidating category reports
  • Segmentation and analysis of suppliers
    • Supplier Analysis & Strategy
    • Mapping supplier profiling (by location, value, volume & strategic alliance)
    • Formulate supplier diversity plan
• Implementation of Strategic Outcome

Module 3 – Development of Procurement Processes and Implementation

• KeyTopics:
  • Develop procurement processes
    • Mapping of procurement processes
    • Define strategic and operational processes
    • Procurement Guideline and Internal Controls
    • Integrating ethical principles
  • Implement procurement processes
    • Managing RFI, RFQ and RFP processes
    • Application of bid evaluation criteria
    • Working with Stakeholders in Procurement
    • Implementing Contract Management Process
    • Using procurement decision matrix (by value and ordering channel)
    • Employing purchasing tools and templates
    • Applying Total Cost of Ownership (TCO)

Module 4 – Supplier Integration and Management

• KeyTopics:
  • Supplier Prequalification
  • Supplier Rating and Ranking
  • Identifying and Mitigating Risk
  • Partnering with suppliers
  • Building good relationships with suppliers
  • Negotiating Principles and Strategies
  • Managing Supplier Level Agreements (SLAs)
  • Define supplier base optimisation
  • Applying eProcurement business process

Module 5 – Performance Management and Continues Improvement

• KeyTopics:
  • Supplier Performance Measurement and Evaluation
  • Quality Management for Strategic Sourcing
  • Pursuing Global Supply Management Excellence
  • Continues Optimisation of Small Value Purchase Orders
  • Cost Reduction Initiatives
  • Developing Procurement Key Performance Indicators (KPIs)
  • Action Planning for implementation

Module 6 – Understanding Logistics and the Supply Chain

• KeyTopics:
  • Definitions of logistics and Supply Chain management
  • History and the development
  • Understanding the Supply Chain dynamics
  • International and Global logistics
  • Supply Chain Phases
  • The Theory of Constraints (TOC)

Module 7 – Transportation Economics

• KeyTopics:
  • 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

Module 8 – Performance, Risk and Warehouse Management

• KeyTopics:
  • Key performance indicators (KPI)
  • Warehouse Management:
  • Role in the Supply Chain
  • Flows
  • Equipment selection
  • Supply Chain risks:
  • Operational
  • Inventory
  • Exchange rates
  • Financial
  • Disruption
  • Security

Module 9 – Procurement in Supply Chain

• KeyTopics:
  • The difference between Procurement and Purchasing
  • What is the 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

Module 10 – Inventory Management

• KeyTopics:
  • Statistics in inventory management
  • Financial in inventory management
  • Selective inventory control management
  • Understanding Inventory status
  • Reducing excess and obsolete inventory
  • Improving the organisation’s logistics and supply chain