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In today’s
competitive marketplace, where every business is striving to
reduce its cost of delivering more distinctive products and
services to its customers, a business can no longer ignore the
importance of procurement function and its access to new market
potential. The most obvious change to be made is to replace the
traditional burdensome administrative process with a simple
managing process that creates value with each purchase.
Effective supply management process brings simple concepts and
tools to revaluing a business’s total purchasing behavior.
This programme will assists the purchasing personnel to improve
their operation based on purchasing and supply management best
practices to improve their operations and meeting corporate
objectives and goals.
Course Objectives:
Participants will be able to understand the concepts of an
effective purchasing and supply management, the benefits, the
means to realize and measure those benefits. They will able to
enhance their knowledge with strength, through best practices
case study, workshops and interactions and able to examine the
various processes involved in making purchasing decisions.
- Purchasing's contribution to corporate strategy and value
creation
- Strategies for managing different categories of purchases
- Strategies for managing inventory
- Approaches to supplier evaluation, selection, and performance
measurement
- To develop an understanding of key issues and trade-offs that
are central to the definition of inventory policy and control
- E-commerce, e-business, and e-procurement
- Techniques for reducing, eliminating, and avoiding costs
- The critical role of supply in specification writing and
review
- Implications for quality and cost management
- Pulling it all together to effectively and efficiently manage
the supply base
Course Contents:
- Material requirement planning & master production schedule
overview
- Bill of material
- Inventory management objectives
- Duties and responsibilities of the materials controller
- Types of inventory control systems
- Factors affecting level of stick
- Buffer stock
- Choosing the right software
- Relationship between materials management and store management
- Inventory & materials management essentials
- Inventory security
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Warehouse, store designs and operation
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