TRAINING COURSES

Integrating Purchasing, Logistics and Inventory with Suppliers

Start Date: 1 Dec 2019
End Date: 5 Dec 2019
Duration: 5
Fees:
Country: Munich / Germany
Category: Purchases and Store Programs
Details:

Course Description

 

Eliminating functional silos is an imperative if organizations are to achieve the high levels of customer satisfaction and reduced cost demanded of the supply chain. Eliminating these silos requires creative integration of critical functions that react with both suppliers and customers. The good news is that technology is an "enablerĒ that is helping the functions involved in supply chain management respond to these new demands. This program is designed to provide the processes and tools for Purchasing, Logistics, and Inventory activities to integrate their methods with suppliers and leverage technology to meet the needs of the organization.

Aims

Upon completion of this program, participants will know:

*        Concepts related to Supply Chain Management

*        Technological tools to improve Inventory, Logistics, and Purchasing operations

*        How to better integrate key elements of the supply chain

*        Methods to reduce cost, inventory, and cycle time

*        How to avoid common errors in reengineering

*        Resources to increase their knowledge and skill sets

Training Methodology

This program will combine a variety of instructional methods including lecture by an experienced practitioner and consultant, exercises, and group discussions covering current practices and their relationship to the implementation of new concepts.



Course Objective

 

Learning Outcomes

*        Reduced cost of purchased materials & services

*        Reduced Investment in Inventories

*        Developing an integration strategy for Purchasing, Logistics, and Inventory

*        Improved supplier performance and reduced cycle time

*        Higher productivity of those involved in the materials management process

*        Increased skill sets in supply chain management

*        A greater sense of professionalism

*        Knowledge of cost reduction practices

*        Greater ability to lead in developing integration projects

*        Increased recognition by the organization due to improved performance

Competencies Emphasized

Attendees will gain in the following competencies as a result of the program:

*        Developing spend profiles

*        Understanding strategic sourcing

*        Reengineering in supply management

*        eProcurement tools

*        Common logistic processes

*        Cycle time reduction

*        Vendor managed inventories

*        Managing supply risk

*        Modern tendering processes

*        Issues related to outsourcing



 

Who Should attend?

 

Professionals involved in purchasing, logistics, operations, and inventory activities that want to learn how better supply chain integration can bring significant improve to the organizationís performance.



Course Outline

 

Day One

Supply Chain Integration

*        Integration =Supply Chain Management

*        The Demand For Organizational Renewal

*        Integration Framework

*        Where To Start The Integration Process

*        Developing The Spend Profile

*        Defining Commodity/Service Groupings

Day Two

Reengineering the Processes

*        Integration Requires Alliances

*        Success Factors And Barriers To Alliances

*        Changes In Supply Chain Responsibilities

*        Map Your Supply Chain

*        The Need For Process Change

*        The Basics Of Reengineering

*        Keys To Successful Integration Of Etools

*        Skill Sets

*        The Major Advantages Of Etools

Day Three

Integration Tools

*        Data and Integration

*        The challenges of integration

*        Technology And Supply Chains

*        Supplier Relationship Management (SRM)

*        Features to look for in SRM system

*        Forecasting and Inventory Control

*        Developing Economic Order Quantities

*        Fixed Order Quantity Systems

Day Four

Applying Concepts & Technologies

*        Common Logistic Processes

*        Improvement Initiatives-

*        Steps In Cycle Time Reduction

*        Types Of Vendor Managed Inventories

*        Integrated Supply

*        Collaborative Planning, Forecasting And Replenishment

*        What Are Ereverse Auctions And How They Work

*        Issues Involving Ereverse Auctions

Day Five

Managing Sourcing Risk

*        Expressive Bidding-The new tool for complex bid evaluations

*        The Outsourcing Issue

*        Identifying and managing supply risk

*        Developing the Integration & Technology Strategy

*        Establishing the management environment for Integration

*        Steps in defining and implementing integration strategy

 
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