Objectives

Participants attending the training seminar 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)

Who Should Attend?

• Contracts, Purchasing, and Procurement personnel
• Project, Engineering, Operational, and Maintenance, personnel who are involved in the planning, and execution of purchases and contracts
• Supply, Buying, Purchase, Logistics, Materials and Supply Chain Professionals
• All involved in the acquisition of materials, equipment, and services and who are in organizations whose leadership want high levels of competency in those involved in these activities
• Those who need to develop their limited understanding about Logistics and Supply Chain Management
• Those who are looking for business gains and benefits from managing their supply chains more effectively

Outline

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

Developing the Strategic Procurement Decisions

• Make/buy decision
• Vertical integration
• Alliances and partnerships
• Inter-company trade
• Reciprocity and counter trade
• Supplier strategy
• The coordination strategy
• The Purchasing organisation

Implementing the Tactical Procurement Decisions

• Supplier involvement
• Value analysis
• Quality Assurance
• Supplier selection
• Supplier rating and ranking
• Contract management
• IT systems and e-Procurement
• Policies and procedures
• Staffing the Procurement Department

Dealing with Operational Procurement Decisions

• Selecting the most appropriate ordering process
• Addressing quality issues
• Follow up
• Overdue orders
• Expediting
• The payment process
• Reducing the cost of procurement: small value purchase orders

Contingency Procurement Decisions

• The different contingency situations
• Contingency management

Procurement Performance Measurement

• Spend analysis
• Total cost of ownership
• Supplier performance measurement 

Logistics and Supply Chain Management

Understanding Logistics and the Supply Chain

• Definitions of logistics and Supply Chain management
• History and the development
• Understanding the Supply Chain dynamics
• International and Global logistics
• Supply Chain Operations Reference Models (SCOR)
• The Theory of Constraints (TOC)

Transportation Economics

• The Role of Transportation in Logistics
• Management Key Decisions
• Types of mode or intermodal system
• International Commercial Terms in transportation and the liabilities
• Documentation in transportation
• Hazardous materials transportation

Performance, Risk and Warehouse Management

• Key performance indicators (KPI)
• Warehouse Management:
• Role in the Supply Chain
• Flows
• Equipment selection
• Supply Chain risks:
• Operational
• Inventory
• Exchange rates
• Financial
• Disruption
• Security

Procurement in Supply Chain

• The difference between Procurement and Purchasing
• What is the role of Procurement and Purchasing?
• Support Operational Requirements
• Manage the Procurement Process and the Supply Base
• Develop Strong Relationships with Other Functional Groups
• Team Roles and responsibilities

Inventory Management

• Statistics in inventory management
• Financial in inventory management
• Selective inventory control management
• Understanding Inventory status
• Reducing excess and obsolete inventory
• Improving the organisation’s logistics and supply chain