The seminar 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 course; however, delegates will maximise their benefits by taking Module 1 and 2 back-to-back as a two-week seminar.
Objectives
Participants attending the program 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 program 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.
PROGRAM CONTENT
MODULE I: Procurement Best Practices
Day 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.
D 2: Developing the Strategic Procurement Decisions
- Make/buy decision and Vertical integration.
- Inter-company trade.
- Reciprocity and counter trade.
- Supplier strategy and the coordination strategy.
- The Purchasing organisation.
Day 3: Implementing the Tactical Procurement Decisions
- Supplier involvement, Value analysis and Quality Assurance.
- Supplier selection and Supplier rating and ranking.
- Contract management.
- IT systems and e-Procurement.
- Policies, Procedures and Staffing the Procurement Department.
Day 4: Dealing with Operational Procurement Decisions
- Selecting the most appropriate ordering process.
- Addressing quality issues.
- Follow up and Overdue orders.
- Expediting and The payment Process.
- Reducing the cost of procurement: small value purchase orders.
Day 5: Contingency Procurement Decisions
- The different contingency situations.
- Contingency management.
- Spend analysis.
- Total cost of ownership.
- Supplier performance measurement.
Module II: Logistics and Supply Chain Management
Day 6: Understanding What Logistics and the Supply Chain Are About
- Definitions of logistics and Supply Chain management.
- The interrelations and connections of Buying, Making, Moving, and Selling activities.
- Understanding the Supply Chain dynamics.
- Supply Chain Operations Reference Models (SCOR).
- The Theory of Constraints (TOC).
Day 7: Key Aspects and Rules of Supply Chain Management
- The cost/service balance
- Customer service principles
- Internal organizational structures and Inventory principles.
- Lead times throughout the supply chain.
- Production options/changes and Trade off opportunities.
Day 8: The Benefits of Adopting a Supply Chain Approach and Appreciating The Changes Needed To Traditional Ways
- Understanding the sub functional conflicts.
- Benefits within and between functions.
- Taking a supply chain view of total acquisition costs.
- Accepting that competitive advantage comes from the Supply Chain.
- Looking at demand amplifications, and the "Forester" effect.
Day 9: Strategic Approaches And Impacts To Supplier/Customer Relationships
- Practical effects on lot sizes/order quantities.
- Sharing developments and collaborating.
- Eliminating internal and external barriers.
- Segmentation and product formatting.
- Gaining competitive advantage and Considering outsourcing.
Day 10: Making Supply Chain Improvements and Implementing a Logistics/Supply Chain Management Approach
- The changes needed with suppliers and customers.
- Potential action needed.
- The 'doing nothing' future, with 'lessons from experience'.
- Guarding against futures of higher stock levels and competition gains.
- The Supply Chain Rules (Encore); the rules to give competitive advantage from effective Supply Chain Management.
Language: English/Arabic.
Place: Geneva (SWITZERLAND)
Venue (TBC): Hotel Royal, 41 Rue de Lausanne, 1201, Geneva-SWITZERLAND
