Procurement and Supply Chain Management Best Practices

Introduction

The development and implementation of carefully crafted strategies for the acquisition of all materials, goods, equipment and services has become a critical issue in all organizations wishing to reduce operating cost while improving quality and productivity. This GLOMACS Procurement and Supply Chain Management Best Practices training course explores key concepts forming the basis of procurement and supply chain management and moves through leading edge issues that confront organizations today.

This Procurement and Supply Chain Management training course is designed for those wanting to develop high performance purchasing and supply chain organizations:

• 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 are fundamentally about so that delegates are able to apply key techniques in controlling cost, time and the movement of goods and materials to customers and users
• Provide practical skills to take back to the workplace to enable delegates to change current methods and activities and work better with all supply chain players

Modules

This training course is split into the following modules:

Module I - Procurement Best Practices

Module II - Logistics & Supply Chain Management

Objectives

Participants attending this Procurement and Supply Chain Management training course 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)

Training Methodology

Participants will increase competencies through a variety of instructional methods including lecture by experienced practitioners and consultants, exercises, review published articles, and group discussions covering current practices and their relationship to the implementation of new concepts. Additional use will be made of case studies, videos and delegates will receive a comprehensive course manual enabling practical application and reinforcement.

Organisational Impact

The organisation will benefit by:

• Higher productivity of personnel involved in procurement activities
• Better outcomes in transactions with contractors and suppliers
• Reduced total cost of materials & services
• Better integration between internal functions
• Improved contractor / supplier performance
• Succeed in improving operations

Personal Impact

Attendees will gain by participation in this GLOMACS Procurement and Supply Chain Management training course as a result of:

• Increased skill sets
• A greater ability to lead, plan, and manage the procurement and supply chain process
• A greater sense of professionalism and being able to contribute to the organisation
• Increased recognition from the organization due to improved personal performance
• Be able to understand, recall and apply improvements after the seminar for work based application
• Applying best in class practices