Duration: 2 Weeks
 

Course Objectives:

This course comprehensively covers the fundamentals of supply chain management, including international sourcing, managing suppliers, procurement, logistics, and transport, and inventory management.

Who Should Attend

Any personnel involved in the sourcing of goods and services for the organization, including supply chain managers, purchasing managers and project managers.

Course Overview

- Strategic approach to purchasing
- International sourcing- risks and benefits
- Sourcing raw materials
- Sourcing equipment and spares
- Risk Management
- Developing and running tender processes
- Procurement Processes and best practices
- Key Performance Measures
- International Contract Law including Incoterms
- Negotiating with suppliers and customers
- Green procurement and Corporate Social Responsibility
- Sales, Operations and Procurement Planning
- Running Purchasing improvement programs
- Managing Procurement Personnel
- Ethics and standards
- Action planning and change management

Participants should be able to:

- Analyze and segment their procurement activities
- Asses the principle risks and risk management processes for their purchases
- Be able to plan, forecast and budget their future requirements
- Set appropriate Key Performance Measures for procurement using a balanced scorecard approach
- Develop supply management and development processes for key suppliers.
- Utilize best practices in sourcing and procuring suppliers
- Develop individual action plans for implementing learning