Training on Purchasing and Supply Chain Management Course

Course Overview

In today's competitive business environment, the creation and implementation of well-thought-out procurement and supply chain strategies are crucial for minimizing operating costs while enhancing quality and productivity. This comprehensive training on procurement and supply chain management covers essential principles, procedures, terminology, techniques, and tools used in purchasing and supply management. Participants will learn to develop practical strategies that meet internal and external customer needs, thereby achieving corporate goals. This course will also explore the evaluation of spending and supply market dynamics to design effective sourcing and supply chain methods. Emphasizing global best practices, the training will address the impact of external environments on procurement and supply chain management. 

Target Audience

This training is ideal for:

• Procurement and Supply Chain Management Staff
• Project Managers
• Finance Staff
• Operational Staff
• Government Officials
• Professionals seeking to enhance their skills in procurement and supply chain management

If you're involved in any aspect of procurement or supply chain management, this course offers valuable insights and tools to enhance your effectiveness. 

Course Objectives

By the end of this procurement and supply chain management course, participants will be able to:

• Understand Procurement's Role: Recognize the importance of procurement and supply chain in achieving organizational goals.
• Implement Best Practices: Apply global best practices in procurement and supply chain management.
• Develop Strategic Plans: Create strategic sourcing plans and evaluate internal spending and supply market trends.
• Maximize Savings and Security: Use various sourcing techniques to maximize savings and ensure supply security.
• Enhance Procurement Procedures: Control procurement effectiveness for continuous improvement.
• Gain Competitive Advantage: Acquire new perspectives on improving supply chains and logistics.

Key Outcomes

• Strategic Procurement: Develop strategies that align with organizational objectives.
• Market Dynamics: Understand and adapt to supply market trends.
• Performance Measurement: Implement metrics for evaluating procurement success.
• Global Perspectives: Incorporate worldwide best practices into procurement processes.

Course Outline

Module 1: Procurement as a Dynamic, Interactive System 

• Definition and goals of procurement.
• System approach vs. traditional functional approach.
• Developing strategic procurement plans.
• Overview of procurement processes as part of the supply chain.

Module 2: Developing Strategic Procurement Decisions 

• Make/buy decisions and vertical integration.
• Building alliances and partnerships.
• Strategies for inter-company trade and reciprocity.
• Supplier and coordination strategies.

Module 3: Implementing Tactical Procurement Decisions 

• Supplier involvement and value analysis.
• Quality assurance and supplier selection.
• Contract management and e-procurement systems.
• Staffing and procedure policies for the procurement department.

Module 4: Dealing with Operational Procurement Decisions 

• Selecting appropriate ordering processes.
• Addressing quality issues and managing follow-ups.
• Streamlining payment processes and reducing procurement costs.

Module 5: Procurement Performance Measurement 

• Conducting spend analysis.
• Understanding total cost of ownership.
• Measuring supplier performance effectively.

Module 6: Introduction to Supply Chain Management 

• Principles of supply chain management and competitive performance.
• Supply chain operations reference models (SCOR) and the theory of constraints (TOC).
• Navigating the changing competitive environment.

Module 7: Logistics and Distribution 

• Concepts of logistics and integrated supply chain management.
• Customer service and distribution channels.
• Addressing logistics challenges in the supply chain.