COURSE OBJECTIVES:
At the end of this program, participants will be able to:
- Provide an overview of the key drivers involved when viewing supply chains from a logistics/demand point of view.
- Explain what procurement and supply chain management is fundamentally about.
- Review the meaning of strategic procurement.
- Give examples of best practices in procurement and the supply chain.
- Understand 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).
TARGET AUDIENCE:
- Contracts, Purchasing, and Procurement Personnel.
- Supply, Buying, Purchase, Logistics, Materials and Supply Chain Professionals.
- All involved in the acquisition of materials, equipment, and services and who are in organisations whose leadership want high levels of competency in those involved in these activities.
- Those who need to develop their limited understanding of Logistics and Supply Chain Management.
- Those who are looking for business gains and benefits from managing their supply chains more effectively.
COURSE OUTLINE:
DAY 1: Definitions in Logistics & the Supply Chain
- History and the development logistics & supply chain management.
- The interrelations and connections of buying, making, moving, & selling activities.
- Understanding the supply chain dynamics.
- Supply chain operations reference models (SCOR).
- The theory of constraints (TOC).
DAY 2: Key Aspects & Rules of Supply Chain Management
- The cost/service balance and Inventory principles.
- Customer service principles.
- Internal organisational structures.
- Lead times throughout the supply chain.
- Trade-off opportunities.
DAY 3: Benefits of Adopting a Supply Chain approach
- Taking a supply-chain view of total acquisition costs.
- Accepting that competitive advantage comes from the Supply Chain.
- Looking at demand amplification and the "Forester" effect.
- Appreciating the effects of uncertainty and unresponsiveness.
- Changing the way we manage the supply chain for greater effectiveness.
DAY 4 : Procurement as a Dynamic, Interactive System
- The system approach versus the traditional functional approach.
- Procurement’s goal.
- Developing the strategic procurement plan.
- An overview of the procurement process.
- Procurement as part of the supply chain.
Day 5: Developing Strategic Procurement Decisions
- Inter-Company Trade.
- Reciprocity & countertrade.
- Supplier strategy.
- The Coordination strategy.
- The Purchasing organisation.
DAY 6: Implementing Tactical Procurement Decisions
- Supplier involvement & supplier selection.
- Contract management.
- IT systems and e-Procurement.
- Policies & procedures.
- Staffing the procurement department.
DAY 7: Dealing with Operational Procurement Decisions
- Selecting the most appropriate ordering process.
- Addressing quality issues.
- Follow up & Overdue orders.
- The payment process.
- Small value purchase orders.
DAY 8: Contingency Procurement Decisions
- The different contingency situations.
- Contingency management.
- Spend analysis.
- The total cost of ownership.
- Supplier performance measurement.
DAY 9: Strategic Approaches & Impacts To Supplier/Customer Relationships
- Interfacing versus integrating relationships.
- Segmentation and product formatting.
- Approaches of Quick Response (QR), Vendor Managed Inventory (VMI).
- Collaborative Planning and Forecast Requirements (CPFR).
- Eliminating internal/external barriers and the Lean Supply Chain.
DAY 10: CASE-STUDY & COURSE WRAP-UP
- “PORTAKABIN” case-study.
PLACE: London (UK)
VENUE (TBC): INDUSTRIOUS (1 and 2, 245 Hammersmith Road Floors, London W6 8PW)
LANGUAGE: English
