Diploma in Procurement and Supply Chain
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Diploma in Procurement and Supply Chain Course
Introduction:
Procurement encompasses all the activities involved in identifying and obtaining the necessary supplies for an organization to operate efficiently. This encompasses tasks such as sourcing supplies, negotiating contracts, managing suppliers, and ensuring prompt payment of supplier invoices.
Contrary to its apparent similarity, procurement goes beyond mere purchasing of supplies for daily operational needs. It encompasses the entire process, starting from the identification of a supply requirement by an organization, all the way to establishing the infrastructure necessary for the reliable and continuous delivery of the supplies.
Course Objectives:
At the end of this Procurement and Supply Chain program, you will be able to:
- Review the meaning of strategic procurement
- Be given examples of best practices in procurement and the supply chain
- Review how to obtain the 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)
Who Should Attend?
Procurement and Supply Chain training program, is ideal for:
- 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
Course Outlines:
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
Developing Strategic Procurement Decisions:
- Make/buy decision
- Vertical integration
- Alliances and partnerships
- Inter-company trade
- Reciprocity and countertrade
- Supplier strategy
- The coordination strategy
- The Purchasing organization
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
Dealing with Operational Procurement Decisions:
- Selecting the most appropriate ordering process
- Addressing quality issues
- Follow up
- Overdue orders
- Expediting
- The payment process
- Reducing the cost of the procurement: small value purchase orders
Contingency Procurement Decisions:
- The different contingency situations
- Contingency management
- Procurement Performance Measurement
- Spend analysis
- The total cost of ownership
- Supplier performance measurement