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 "enabler” 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 organization’s 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