Course details

Overview ?

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 program explores key concepts forming the basis of procurement and supply chain management and moves through leading edge issues that confront organizations today.

This fast paced program is designed for those wanting to develop high performance purchasing and supply chain organizations as we will in this course:

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

The seminar is split into two modules:

MODULE I - Procurement Best Practices

MODULE II - Logistics & Supply Chain Management

Each module is structured and can be taken as a stand-alone course; however, delegates will maximise their benefits by taking Module 1 and 2 back-to-back as a two-week seminar.

Objectives

Participants attending the program 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 program 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

Who Should Attend?

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

SEMINAR OUTLINE

MODULE I - Procurement Best Practices

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 : 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 procurement: small value purchase orders

DAY 5 : Contingency Procurement Decisions

The different contingency situations
Contingency management

Procurement Performance Measurement

Spend analysis
Total cost of ownership
Supplier performance measurement

Module II - Logistics and Supply Chain Management

DAY 6 : Understanding What Logistics and the Supply Chain Are About

Definitions of logistics and Supply Chain management
The interrelations and connections of Buying, Making, Moving, and Selling activities
History and the development
Understanding the Supply Chain dynamics
Supply Chain Operations Reference Models (SCOR)
The Theory of Constraints (TOC)

DAY 7 : Key Aspects and Rules of Supply Chain Management

The cost/service balance
Customer service principles
Internal organizational structures
Inventory principles
Lead times throughout the supply chain
Adding value
Production options/changes
Trade off opportunities

DAY 8 : The Benefits of Adopting a Supply Chain Approach And Appreciating The Changes Needed To Traditional Ways

Understanding the sub functional conflicts
Benefits within and between functions
Taking a supply chain view of total acquisition costs
Accepting that competitive advantage comes from the Supply Chain
Looking at demand amplifications, and the "Forester" effect
Appreciating the effects of uncertainty and unresponsiveness
Seeing how we currently manage the supply chain
Changing the way we manage the Supply Chain for greater effectiveness

DAY 9 : Strategic Approaches And Impacts To Supplier/Customer Relationships

Practical effects on lot sizes/order quantities
Reducing costs
Sharing developments and collaborating
Eliminating internal and external barriers
Interfacing versus integrating relationships
Segmentation and product formatting
Business strategies and the supply chain
Supply chain planning
Gaining competitive advantage
Considering outsourcing
Using postponement and consolidation logistics
Examining demand planning
Approaches of Quick Response (QR), Vendor Managed Inventory (VMI) and
Collaborative Planning and Forecast Requirements (CPFR)
The Lean Supply Chain

DAY 10 : Making Supply Chain Improvements and Implementing a Logistics/Supply Chain Management Approach

Manufacturing and retailer case studies
The major lessons and key aspects from experience
Oil and Gas in the UK experiences
Key questions to be answered
The changes needed with suppliers and customers
The changes need to internal organisation and management practices
Potential action needed
The 'doing nothing' future, with 'lessons from experience'
Guarding against futures of higher stock levels and competition gains
Breaking down traditional silo/closed management
A 5 step approach to Logistics and Supplier Development
The Supply Chain Rules (Encore); the rules to give competitive advantage from effective Supply Chain Management

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Day 4

Day 5

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