Procurement and Supply Chain Management

Key Elements Defining End-to-End Procurement and Supply Chain Management

Options & Brochure

Schedules
5 Found
Date Duration Venue Fees
30 Sep-04 Oct 2024 5 Days Lisbon - Portugal US$5,450 Register
09-13 Dec 2024 5 Days London - UK US$5,450 Register

Course Overview

This 5-day interactive Procurement and Supply Chain Management training course will cover the end-to-end flow of goods, information, and services in the commerce industry. Supply Chain Management (that includes procurement as a constituent element) is a term used when discussing the success of a business and overall costs or profits. Modern adaptions to SCM have helped smooth out the supply chain, helping to increase customer demand while simultaneously eliminating “arduous, labour-intensive, time-consuming and disorganised” processes. Now, more than ever, the supply chain is flourishing, and businesses are finding the most lucrative and valuable solutions for their supply chain needs. SCM can be broken down into three vital components: customer service and retention, reducing and controlling operational costs, and improving overall profits by stabilising costs.

Running an efficient supply chain that is based on good supplier relationships, maintaining strict quality and inventory control, and keeping a watchful eye on costs can significantly benefit a business’s health in several key areas by streamlining the process of sourcing goods and services in the best term lead-times with reliable and highly motivated suppliers, effectively managing inventory storage and movement from raw materials or components receipt through the manufacturing cycle towards final product completion and availability, then speedy and safe onwards delivery to the final customer, minimising end-to-end fulfilment period thus providing the business with real competitive edge.

It will provide the knowledge and understanding of the organisation and management of that flow, which equip the participants with the knowledge to establish, step out and deliver a seamless PSCM system for their organisation, capitalising skills and potential to assume progressive roles and responsibilities, complementing both their organisation’s success and, as significantly, their career ambitions, irrespective of which industry segment or sector they may choose.

Course Objectives

On completion of this training course, the participants will be able to:

  • Understand the end-to-end supply chain management processes and the functions that make up holistic PSCM functions within an organisation
  • Develop a range of skills to identify and map out what needs to be constructed to put in place a seamless SCM operation
  • Develop and maintain good relationships with peers, suppliers and customers to enable the holistic operation to succeed
  • Become aware and knowledgeable of how to measure functional efficiencies
  • Learn how to mentor departmental staff, peers and stakeholders on advanced SCM concepts
  • Contribute to and drive organisational growth through the development of ongoing efficiency improvement programmes
  • Influence management and stakeholder support for suggested enhanced strategies and tactics
  • Become an ambassador for the profession of Procurement and Supply Chain Management

Target Audience

It is suitable for a wide range of working professionals, including (but not limited to) the following participants that have a direct involvement or exposure to the impact of procurement management:

  • Procurement and Supply Management
  • Logistics Management
  • Operations Management
  • HSE Management
  • Finance Management
  • Project Management
  • Sales Management
  • Marketing Management

Training Methodology

The training course will primarily utilise a mixture of PowerPoint presentation material, video clips where applicable, participants’ internet research and facilitating classroom group activities where practical case studies can be understood and discussed. The methodology will also encourage participants to provide their experiences of successes achieved in their businesses.

Course Outline

Day One

How Does Supply Chain Management Benefit Business

  • What makes SCM work?
  • Improved Customer Service
  • Reducing and Controlling Operational Costs
  • Improving Profitability through Stabilising Costs
  • Protecting Supply Chain Integrity
  • Supply Chain Resilience
  • Managing Supply Chain Risk
  • Effective Inventory Management
  • Ensure Smooth Flow of Goods and Services from Demand Inception to Delivery Fulfilment
Day Two

What is a Supply Chain

  • Definition
  • Its Role in an Organisation
  • How does it flow?
  • Types of Supply Chains
  • Managing Demand and Supply
  • The Future of Supply Chains
  • Difference Between Supply Chain and Logistics
  • Reverse Supply Chains
Day Three

Supply Chain Management (SCM) Constituent Roles

  • Raw Materials Suppliers
  • Manufacturing Plant
  • Warehouse
  • Distribution Centres
  • Retailers
  • Customers
  • Logistics
  • Procurement
Day Four

Supply Chain Risk and Resilience

  • Understanding Supplier Risk Management
  • Internal and External Risk Categories
  • Analysis, Assessment, Mitigation, Allocation
  • Advantages and Disadvantages
  • STEEPLED Analysis
  • Resiliency Defined
  • Strategies for Supply Chain Resilience
  • Supply Chain Integrity
Day Five

Sustainable Supply Chain Management

  • Sustainability Defined
  • Economic Impact
  • Environmental Impact
  • Social Impact
  • Sustainability and the 5 Rights
  • Benefits of Sustainable Supply Chains
  • Legal and Governance Obligations
  • Tier Supplier Management

Certificates

Upon successful completion of this training course, Newage Certificate will be awarded to the delegates.

Options & Brochure