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
  • Team Roles and Responsibilities


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Date & Location

Date : 17 March 2019

Duration : 5 days

Place : Madrid

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Date : 14 April 2019

Duration : 5 days

Place : Kuala Lumpur

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Date : 20 October 2019

Duration : 5 days

Place : Istanbul

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