Procurement Management

This Supply Chain Management Course to attend today
Supply Chain Management
June 26, 2017
Contract Management course in the supply chain management process
Contract Management
June 26, 2017
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Procurement Management

Procurement Management for your training into supply chain management

PROCUREMENT MANAGEMENT- STRATEGIC PROCUREMENT AND SUPPLY CHAIN MANAGEMENT

PROCUREMENT MANAGEMENT- STRATEGIC PROCUREMENT & SUPPLY CHAIN MANAGEMENT is now established without any doubt that is indeed the heart of an organization and an efficient procurement systems lead directly to increased bottom line profits.

Leading edge companies which successfully gain competitive advantage and which are able to implement immediate cost savings, are those which possess knowledgeable and skilful Procurement, outsourcing and Supply Chain Management professionals

As more and more responsibility is placed on the International Purchasing and Supply Chain Management function, the need has intensified for practitioners to be highly skilled in the various elements of Supply Chain Management and to be completely up to date with best practices in the industry globally. With world class training and internationally recognized trainers and partners, professionals will have high capacity and qualification to take their place alongside engineers and accountants as proficient and exceptionally well-trained professionals in the local and International industries.

 Upon completion of this course, participants will be able to

  • Provide a working definition of value
  • Compare the various perspectives of value and understand that supply chain management enables companies to manage the trade-off between these perspectives
  • Identify the three ways to measure value: operational, customer, and financial
  • Explain the causes of non-value-added activities
  • Understand that supply chains increase net value by increasing value-added activities as well as minimizing non-value-added activities
  • Identify how supply chains create net value according to the three ways of measuring value.
  1. BUILD A COMPETITIVE INFRASTRUCTURE
    Upon completion of this course, participants will be able to
  • Identify the right supply chain for a given business strategy
  • Define the three kinds of supply chains found in every business
  • Describe a supply chain in terms of the three types of flows
  • Define the four ways customers interact with supply chains
  • Compare alternative supply chain structures
  • Describe how Internet technologies enable supply chains
  • Use a velocity figure of merit to compare supply chain alternatives
  • Describe how trust among trading partners maintains supply chain alignment
  • Identify commonly encountered issues that erode trust.

3 LEVERAGE WORLDWIDE PROCUREMENT
Upon completion of this course, participants will be able to

  • Define Procurement
  • Explain the increasing importance of Procurement in today’s business world
  • Describe the major decisions faced in analyzing Procurement and explain how these decisions support the physical and information flows in a supply chain
  • Compare the landed cost of physical goods procured domestically vs. physical goods procured internationally
  • Explain how standardized Procurement can be used to integrate physical goods from different countries of origin into the supply chain
  • Discuss the goals of an effective logistics strategy and explain how the different pieces of a Procurement system work together to support the buying strategy
  • Identify the Procurement risks associated with managing a worldwide supply chain.

 

COURSE CONTENT

  1. Introduction to Supply Chain Management
  •  The Supply Chain Management perspective
  • How the process works for both Product and Service sectors
  • The role of the Procurement Manager in the Supply Chain
  • Types of Procurement
  • Being customer focused in the Procurement chain
  1. Supply Chain Management
  • Actual process of the Supply Chain
  • Major functions of the Supply Chain
  • The Supply Chain Structure
  • Supply Chain and Demand Chain
  • Supply Chain underlying Principles- the 4Cs
  • Dealer Management
  • The Bullwhip Phenomenon
  1.  How smart are you?
  • Top 10 mistakes in Procurement Management
  • Supply Chain Management Systems designs and Outsourcing Structuring
  • Supplier development System
  • Strategic Forecasting techniques
  • Tactical/Departmental Forecasting Techniques
  • Forecasting Techniques for procurement and Outsourcing
  • Creating efficiency outsourcing performance system
  • Delivering result via outsourcing performance measurement
  1. Procurement Management Stakeholders Management for effective results
  • Elements of stakeholders Management
  • Stakeholders Analysis
  • Stakeholders Planning
  • Stakeholders Priotization techniques
  1. Procurement Chain Business process Management
  • Procurement and Outsourcing Management Planning
  • Strategic Alignment for the Procurement and Outsourcing Manager
  1. Procurement Management detailing technique
  • The Work Structure of Procurement Management
  • Procurement Chain Planning work conversion method
  • Insourcing and Outsourcing Implementation technique
  1. Procurement Financial Management
  • Budget Forecasting
  • Budget development structuring
  • Procurement Master Budgeting
  • Financial Performance management      
  1. Procurement  Risk Management
  • Procurement Chain  Risk Auditing
  • Procurement Chain  Risk Priotization and Categorization
  1. Supply Chain Performance Management
  2. Introduction to Supply Chain Management Electronic technology
  • E- Supply Chain Management
  • ERP usage via Sage, J.D Edwards, SAP, Microsoft Dynamics e.t.c
  • Web based Supplier and Demand Management
  1. Procurement Vs. Purchasing ?
  •  Strategic Fundamentals of a buyer
  • The 80:20 law of procurement Management
  • The nature of procurement
  • The Procurement Management Procedure
  • Project Appraisal and Analysis
  • Sourcing
  • Tendering
  • Types of Procurement methods
  • P2P
  • Centralized Procurement
  • Decentralized Procurement
  • Whole Life Procurement (TCO)
  • Bidding
  • The logistics of procurement in the Chain
  • The buyer’s influence on the Supply Chain
  • Common mistakes in Procurement Management and solutions
  • Procurement Cycle
  • Requirement to purchase
  • Plan the process
  • Prepare the documentation
  • Identify possible suppliers
  • Issue/Receive back the tender/quotation documentation
  • Evaluate the submissions
  • Negotiate
  • Award and place the contract
  • Delivery
  • Pay the supplier
  • Manage and monitor the contract
  • Review the process

     Book for this course here                                                                     

DURATION
·      3 (three) days
METHODOLOGY
·      Lectures

·      Discussions

·      Individual and group exercises

·      Case studies

·      Activities