Procurement Logistics and Supply Chain Management Course

Course Overview

In today's competitive business environment, the strategic acquisition of supplies, goods, tools, and services has become crucial for organizations seeking to reduce operating costs while enhancing productivity and quality. This program on procurement logistics and supply chain management introduces participants to the fundamental elements of the supply chain environment, including requirement systems and enterprise resource planning systems. The course also explores the interrelationships between buying, seller selection, sources of supply, and engineering. The focus is on management skills and resources needed for a successful manager in procurement logistics and supply chain management. 

Target Audience

This comprehensive program is designed for:

• Individuals currently working in or planning to work in procurement management, supply management, a buying department, or any other areas involved with supply or procurement.
• Professionals seeking to enhance their understanding and skills in procurement logistics and supply chain management.
• Those interested in strategic management and improving operational efficiencies within the supply chain. 

Course Objectives

Upon completion of this program on procurement logistics and supply chain management, participants will be able to:

• Establish the vision and strategies necessary to implement effective procurement procedures.
• Understand the fundamentals of procurement and supply chain management, focusing on cost control, time management, and the movement of materials.
• Apply various methods, tools, and strategies in negotiations.
• Learn about entrepreneurship, pricing scenarios, and marketing management.
• Recognize cost evaluation topics from a purchasing and growth perspective.
• Promote qualified status recognition for individuals in procurement and supply chain activities.
• Develop operational guidelines and performance standards to enhance procurement effectiveness.
• Increase confidence and satisfaction through active involvement in procurement operations.
• Utilize Excel and Access/SQL for procurement logistics and supply chain management. 

Key Outcomes

• Strategic Vision: Develop the mission and understanding required for effective strategy implementation.
• Procurement Fundamentals: Gain familiarity with the buying environment and procurement fundamentals.
• Negotiation Skills: Learn and apply negotiation strategies and techniques.
• Operational Efficiency: Implement operational guidelines to improve efficiency in procurement logistics and supply chain management.

Course Outline

Module One: Procurement as a Dynamic, Interactive System 

• System Approach vs. Functional Approach in Procurement
• Goals and Strategic Procurement Planning
• Procurement Process and its Role in the Supply Chain

Module Two: Developing Strategic Procurement Decisions 

• Make or Buy Decision Analysis
• Vertical Integration and Strategic Partnerships
• Supplier Strategy and Coordination

Module Three: Implementing Tactical Procurement Decisions 

• Supplier Involvement and Value Analysis
• Quality Assurance and Supplier Selection
• Contract Management and IT E-Procurement

Module Four: Dealing with Operational Procurement Decisions 

• Selecting the Best Ordering Process
• Addressing Quality Issues and Expediting
• Lowering Procurement Costs

Module Five: Procurement Performance Measurement 

• Contingency Management and Spend Analysis
• Total Cost of Ownership and Supplier Performance

Module Six: Understanding Logistics and the Supply Chain 

• Dynamics of International and Global Logistics
• Supply Chain Operations Reference Models

Module Seven: Transportation Economics 

• Role of Transportation in Logistics
• Modes of Transportation and Documentation

Module Eight: Performance, Warehouse, and Risk Management 

• Key Performance Indicators (KPI) for Warehouse Management
• Identifying and Managing Supply Chain Risks

Module Nine: Procurement in the Supply Chain 

• Distinction between Procurement and Purchasing
• Managing the Procurement Process and Developing Strong Relationships

Module Ten: Inventory Management 

• Statistics and Financial Aspects in Inventory Management
• Reducing Excess Inventory and Improving Logistics

Module Eleven: Contract Drafting 

• Elements of Supplier Selection and Evaluation
• Drafting and Managing Supplier Contracts

Module Twelve: Advanced Excel Formulas and Functions 

• Using Excel for Logical Operators, Conditional Statements, and Statistical Functions

Module Thirteen: Database Management using MS Access 

• Introduction to MS Access for Managing Suppliers and Customers Databases