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Logistics & Cargo

Procurement and Supply Chain Management.

course outline for a training program on Procurement and Supply Chain Management:

Course description

The training program on Procurement and Supply Chain Management is a comprehensive course designed to provide participants with a solid understanding of key concepts, strategies, and best practices in the field. The course covers various aspects of procurement and supply chain management, including strategic sourcing, supplier management, procurement planning and execution, logistics and transportation, risk management, compliance, and performance measurement. Through a combination of theoretical instruction, practical exercises, case studies, and group discussions, participants will gain practical skills and knowledge to effectively manage procurement processes, optimize supply chain operations, mitigate risks, and enhance overall supply chain performance. The course is suitable for professionals at different levels of experience and is aimed at equipping participants with the necessary tools and techniques to excel in the dynamic and rapidly evolving field of procurement and supply chain management.

who can benefit this course?

This training course on Procurement and Supply Chain Management is designed to benefit a diverse range of individuals and professionals involved in procurement, sourcing, logistics, supply chain management, and related fields. It is suitable for procurement professionals aiming to enhance their strategic sourcing, supplier management, and negotiation skills. Additionally, supply chain managers and operations professionals can gain insights into optimizing inventory, improving logistics, and enhancing overall supply chain performance. Entrepreneurs, project managers, and professionals in finance and related fields can also benefit from this course by acquiring essential knowledge to effectively manage procurement processes and collaborate with supply chain teams. Overall, the course caters to both entry-level professionals seeking foundational knowledge and experienced practitioners looking to update their skills and stay abreast of industry best practices.

Duration

1 Week

Classrooom-Based

5 days

After completing this course on public and private procumbent, participants will be able to:
  • Understand the fundamental concepts and principles of procurement and supply chain management.
  • Apply strategic sourcing techniques to effectively evaluate suppliers and negotiate contracts.
  • Develop procurement plans and execute them efficiently, considering demand forecasting and order processing.
  • Optimize inventory management strategies to minimize costs and ensure adequate supply.
  • Implement best practices in logistics and transportation management, including selecting appropriate modes of transportation and optimizing freight management.
  • Identify and mitigate risks in the supply chain, including supplier risks and compliance considerations.
  • Understand the importance of transparency, fairness, and ethical conduct in procurement.
  • Measure and track key performance indicators (KPIs) to evaluate supply chain performance and identify areas for improvement.
  • Foster effective supplier relationships and manage supplier performance through effective supplier relationship management (SRM) practices.
  • Understand the ethical and sustainability considerations in procurement and supply chain management

Course Content

The training content entails the following different units:

Day 1: Introduction to Procurement and Supply Chain Management
  • Overview of Procurement and Supply Chain Management
  • Importance and benefits of effective procurement
  • Key components and functions within the supply chain
  • Trends and challenges in procurement and supply chain management
Day 2: Strategic Sourcing and Supplier Management
  • Strategic sourcing process and best practices
  • Supplier evaluation and selection criteria
  • Contract management and negotiation skills
  • Supplier relationship management and performance measurement
Day 3: Procurement Planning and Execution
  • Demand forecasting and procurement planning
  • Purchase requisition and order processing
  • Supplier collaboration and order fulfillment
  • Inventory management and optimization
Day 4: Procurement Cost Analysis and Cost Reduction Strategies
  • Cost analysis techniques in procurement
  • Total cost of ownership (TCO) analysis
  • Cost reduction strategies and value engineering
  • Supplier cost management and cost negotiations
Day 5: Logistics and Transportation in Supply Chain
  • Modes of transportation and selection criteria
  • Freight management and optimization
  • Distribution strategies and network design
  • Warehouse management and inventory control
Day 6: Risk Management and Compliance in Supply Chain
  • Supply chain risk assessment and mitigation strategies
  • Supplier risk management and supplier compliance
  • Legal and regulatory considerations in procurement
  • Ethical sourcing and sustainability in supply chain
Day 7: Performance Measurement and Continuous Improvement
  • Key performance indicators (KPIs) in procurement and supply chain
  • Performance measurement and benchmarking
  • Lean principles and practices in supply chain management
  • Continuous improvement techniques and methodologies
Training system.

This course will be managed an experienced trainer who possess extensive expertise as professionals in their specific fields. The course delivery encompasses a combination of hands-on activities, theoretical instruction, group collaboration, and analysis of real-life scenarios and you will get here. Participants will be provided with training manuals and supplementary reference materials to support their learning journey. At the conclusion of the course, participants who meet the requirements will be awarded a certificate as proof of their successful completion.

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