Procurement and Supply Chain Management
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Procurement and Supply Chain Management Course
Introduction:
This comprehensive five-day program focuses on the strategic application and implementation of integrated supply chain management practices. Participants will learn how to develop supply chain strategies across various functions, utilizing the latest business process models and their connection to segmentation and demand planning. The program explores the integrated relationship among supply chain management functions, considering the impact of sourcing decisions, supplier selection, delivery choices, risk management, performance measurement, and profitability.
By the end of the program, participants will be equipped to develop their organization's integrated supply chain management strategy using the latest tools and techniques. The program emphasizes practical development and implementation approaches for SCM strategies in the current economic climate. A well-crafted procurement and SCM strategy will shape the overall direction of an organization and establish its future environment.
Course Objectives:
- Study how competitive advantage can be achieved through an integrated procurement and supply chain management approach
- Understanding the impact of enhanced supply chain performance on the overall profitability of the organization
- Ability to address the management of supply chain risks
- Recognition of the value of working across functions
- Develop a focused approach to implement a cohesive supply chain strategy
- Learn to create your own supply chain strategy incorporating world class benchmarking criteria
- Comprehend the approaches that can be applied to integrating procurement, inventory, logistics and warehousing
- Explore the latest thinking on supply chain planning and execution of the integrated concept
Who Should Attend?
Procurement, supply chain, logistics, and materials managers and directors who wish to broaden and update their skills and knowledge. Procurement and supply chain personnel seeking supply chain integration or who need to understand the impact of supply chain decisions upon their company’s performance e for in-house presentation as well as for “Competency Transfer”.
Course Outlines:
Procurement and SCM as a Strategic Integrated Unit
- Defining Procurement and SCM
- World-Class Procurement and SCM
- Diagnosing Process Capability
- Developing a Procurement and SCM Strategy
SCM as a Competitive Activity
- The Value Chain Model
- Lead Times
- Inventory Decisions
- Category Management
- Moving to World Class
Competency Frameworks
- Managing Internal Resources
- Aligning Procurement and SCM with the Business
- Exploring Price and Cost
- Value Engineering
- Understanding Costs
- Cost Analysis Tools and should Cost Models
Develop your own SCM Strategic Roadmap
- Create your own supply chain strategic roadmap incorporating world-class benchmarking criteria
- Marketing the SCM Function