Best Practices In The Management Of Procurement & Logistics Operations
Best Practices In The Management Of Procurement & Logistics Operations
Course Code:
LT16
Course Objective
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)
Target Audience
Contracts, Purchasing, 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
All involved in the acquisition of materials, equipment, and services and who are in organizations whose leadership want high levels of competency in those involved in these activities
Those who need to develop their limited understanding about Logistics and Supply Chain Management
Those who are looking for business gains and benefits from managing their supply chains more effectively
Course Outline
DAY 1: Seeing Procurement as a Dynamic, Interactive System
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
DAY 2: Developing the Strategic Procurement Decisions
Make / Buy Decision
Vertical Integration
Alliances and Partnerships
Inter-company Trade
Reciprocity and Counter Trade
Supplier Strategy
The Coordination Strategy
The Purchasing Organisation
DAY 3: Implementing the Tactical Procurement Decisions
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
DAY 4: Understanding Logistics and the Supply Chain
Definitions of Logistics and Supply Chain Management
History and the Development
Understanding the Supply Chain dynamics
International and Global Logistics
Supply Chain Operations Reference Models (SCOR)
The Theory of Constraints (TOC)
Transportation Economics
The Role of Transportation in Logistics
Management Key Decisions
Types of Mode or Intermodal System
International Commercial Terms in Transportation and the Liabilities
Documentation in Transportation
Hazardous Materials Transportation
DAY 5: Performance, Risk and Warehouse Management
Key Performance Indicators (KPI)
Warehouse Management:
Role in the Supply Chain
Flows
Equipment Selection
Supply Chain Risks:
Operational
Inventory
Exchange Rates
Financial
Disruption
Security
Procurement in Supply Chain
The Difference between Procurement and Purchasing
What is the role of Procurement and Purchasing?
Support Operational Requirements
Manage the Procurement Process and the Supply Base
Develop Strong Relationships with Other Functional Groups