The development and implementation of carefully crafted strategies for the acquisition of all materials, goods, equipment, and services have become a critical issue in all organizations wishing to reduce operating costs while improving quality and productivity. This program explores key concepts forming the basis of procurement and supply chain management and moves through leading-edge issues that confront organizations today.
Achieve a thorough understanding of what is the best practice.
Establish the mission, vision, and knowledge needed to successfully implement the processes and methods needed to reach world-class performance.
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
Review how to obtain the best pricing
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)
Contracts, Purchasing, Logistics, 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
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
Make/buy decision
Vertical integration
Alliances and partnerships
Inter-company trade
Reciprocity and countertrade
Supplier strategy
The coordination strategy
The Purchasing organization
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
Selecting the most appropriate ordering process
Addressing quality issues
Follow up
Overdue orders
Expediting
The payment process
Reducing the cost of the procurement: small value purchase orders
The different contingency situations
Contingency management
Spend analysis
Total cost of ownership
Supplier performance measurement
Definitions of logistics and Supply Chain management
The interrelations and connections of Buying, Making, Moving, and Selling activities
History and the development
Understanding the Supply Chain dynamics
Supply Chain Operations Reference Models (SCOR)
The Theory of Constraints (TOC)
The cost/service balance
Customer service principles
Internal organizational structures
Inventory principles
Lead times throughout the supply chain
Adding value
Production options/changes
Trade-off opportunities
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 amplification, and the "Forester" effect
Appreciating the effects of uncertainty and unresponsiveness
Seeing how we currently manage the supply chain
Changing the way we manage the Supply Chain for greater effectiveness
Practical effects on lot sizes/order quantities
Reducing costs
Sharing developments and collaborating
Eliminating internal and external barriers
Interfacing versus integrating relationships
Segmentation and product formatting
Business strategies and the supply chain
Supply chain planning
Gaining competitive advantage
Considering outsourcing
Using postponement and consolidation logistics
Examining demand planning
Approaches of Quick Response (QR), Vendor Managed Inventory (VMI) and
Collaborative Planning and Forecast Requirements (CPFR)
This training course introduces the concept and management of change for organizations and their employees, and this course is largely based on analyzing aspects of change, and looking at the problems that can be faced in such situations, where the process begins with the formation of work teams to develop a strategic plan for change management and then implement it using the knowledge and techniques they have learned In this course, participants also get the opportunity to listen to change leaders and their successful experiences in managing change.
The Procurement function has developed from a simple administrative function to a fully-fledged strategic business unit. No longer is it sufficient to simply turn requisitions into orders and then await the delivery of the goods or services. It is therefore imperative for Procurement to constantly deliver value to the organization by delivering products and services that contribute to the well-being of the organization.
Corporate Governance is now one of the hottest topics in the business world. It is both a regulatory requirement and a business enabler. But do you know whether your Corporate Governance activities are extracting maximum value? If not, this is probably because your Internal Audit team has not assessed this key topic. This audit approach is crucial as the Board and the Audit Committee need comprehensive assurance about this strategic business process. This course will provide all the tools and techniques essential to audit the complex and wide-ranging field of Corporate Governance. It will help you ensure that you are applying the very best practices and meet all regulatory requirements
This course brings together the key strategic leadership skills of strategic planning, negotiation, and conflict management required to succeed in today’s complex and challenging business environment. 'Strategy' is as it says in the classic text 'the art of war', complex yet when understood very simple, those who have a successful strategy are in control of the upcoming events. The implementation of strategies often requires the ability to exert influence and negotiate effectively. Negotiation is not litigation, neither it is war. Negotiation is not about obtaining total victory. Total victory by one party tends to be short-lived. Negotiation and conflict management are key strategic management and leadership skills and are probably the single most used skills in business today.
All business activities are governed by writing policies and procedures. Much effort is spent on looking at how to draft documents, and, while this is important, it sometimes overshadows the importance of the Policy or Procedure, and related documents such as Specifications and Standards. The course will look at how these documents are created, and some of the main clauses that appear in them, all using real examples wherever possible.