This Procurement and Supply Chain Management Best Practices training course explores key concepts forming the basis of procurement and supply chain management and moves through leading edge issues that confront organizations today.

This training course is split into two modules:

MODULE I - Procurement Best Practices

MODULE II - Logistics & Supply Chain Management

Each module is structured and can be taken as a stand-alone training course; however, delegates will maximise their benefits by taking Module 1 and 2 back-to-back as a 2-week training course.

Objectives

Participants attending this Procurement and Supply Chain Management Best Practices training course will:

• Review the meaning of strategic procurement
• Be given examples of best practices in procurement and the supply chain
• Review how to obtain best pricing
• Be taught how to develop spend analysis
• Develop a functional and cross functional view of the supply chain
• See that better working with all of the supply chain players pays
• Consider Key Performance Indicators (KPI’s)

Training Methodology

Participants will increase competencies through a variety of instructional methods including lecture by experienced practitioners and consultants, exercises, review published articles, and group discussions covering current practices and their relationship to the implementation of new concepts. Additional use will be made of case studies, videos and delegates will receive a comprehensive course manual enabling practical application and reinforcement.

Organisational Impact

The organisation will benefit by:

• Higher productivity of personnel involved in procurement activities
• Better outcomes in transactions with contractors and suppliers
• Reduced total cost of materials & services
• Better integration between internal functions
• Improved contractor / supplier performance
• Succeed in improving operations

Personal Impact

Attendees will gain by participation in this Procurement and Supply Chain Management Best Practices training course as a result of:

• Increased skill sets
• A greater ability to lead, plan, and manage the procurement and supply chain process
• A greater sense of professionalism and being able to contribute to the organisation
• Increased recognition from the organization due to improved personal performance
• Be able to understand, recall and apply improvements after the seminar for work based application
• Applying best in class practices

WHO SHOULD ATTEND?

• Contracts, Purchasing, and Procurement Personnel
• Project, Engineering, Operational, and Maintenance, Personnel who are involved in the planning, and execution of purchases and contracts
• Supply, Buying, Purchase, Logistics, Materials and Supply Chain Professionals
• All involved in the acquisition of materials, equipment, and services and who are in organizations whose leadership want high levels of competency in those involved in these activities
• Those who need to develop their limited understanding about Logistics and Supply Chain Management
• Those who are looking for business gains and benefits from managing their supply chains more effectively

Course Outline Training on Purchasing and Supply Chain Management

Module 1: Procurement Best Practices

MODULE 1 Seeing Procurement as a Dynamic, Interactive System 

• The System Approach vs. the Traditional Functional Approach
• What is the goal of Procurement?
• Developing the Strategic Procurement Plan
• An Overview of the Procurement Process
• Procurement as Part of the Supply Chain

MODULE 2 Developing the Strategic Procurement Decisions 

• Make / Buy Decision
• Vertical Integration
• Alliances and Partnerships
• Inter-company Trade
• Reciprocity and Counter Trade
• Supplier Strategy
• The Coordination Strategy
• The Purchasing Organisation

MODULE 3 Implementing the Tactical Procurement Decisions 

• 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

MODULE 4 Dealing with Operational Procurement Decisions 

• Selecting the most Appropriate Ordering Process
• Addressing Quality Issues
• Follow-up
• Overdue Orders
• Expediting
• The Payment Process
• Reducing the Cost of Procurement: Small Value Purchase Orders

MODULE 5 Contingency Procurement Decisions 

• The Different Contingency Situations
• Contingency Management

Procurement Performance Measurement

• Spend Analysis
• Total Cost of Ownership
• Supplier Performance Measurement

Module 2: Logistics & Supply Chain Management

MODULE 6

Understanding Logistics and the Supply Chain

• Definitions of Logistics and Supply Chain Management
• History and the Development
• Understanding the Supply Chain Dynamics
• International and Global Logistics
• Supply Chain Operations Reference Models (SCOR)
• The Theory of Constraints (TOC)

MODULE 7

Transportation Economics

• 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

• 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

• 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

• 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