Description
Procurement Supply Chain Management Training Course Course: Introduction
Our course in Supply chain Management is intended to give employees and managers the skills to lower production costs, improve efficiency and increase productivity. All of these things equal greater customer satisfaction. This course is an asset for any business.
Procurement Supply Chain Management Training Course Course :Course Outline
Supply chain management is all about customer satisfaction while lowering business costs. Supply chain management can be summarised as the management of interconnected businesses involved in providing goods or services to consumers. It involves the finances, logistics and delivery of products or services and necessitates integrated conduct and co-operation among the chains respective firms to be successful. There are three levels of supply chain management, a strategic level, a tactical level and an operation level. At the strategic level the companies current activity should be as efficient as possible, they should be able to manage the risk of supply management and they should have an internal capacity for adaptation and innovation. The tactical level is very similar to the strategic level, it can be summarised as how the suppliers meet their capabilities to the supply chain firms needs. The operations level varies from company to company within a supply chain. Sometimes a company will supply the product, do the sales, develop the product and do the marketing; a company that does all in one, and sometimes companies will outsource some of these tasks to two or three other businesses, regardless of who performs operations, a process of monitoring and controlling the operations progress must be utilized.TIP: Proactive procurement is a process reflected in five outputs: Quality, Cost, Time, Technology, Continuity of the supply. The Bullwhip effect occurs when there is an exaggerated estimate of required product without the presence of consumer demand for that product. The backlash from the inaccurate estimate affects all the companies involved in the supply chain. Thus the general outcome is that stock levels increase and the supply chain becomes bloated. Products cycle through the pipeline in five stages: Planning, sourcing, production, delivery, and returns. Planning is the strategy used in supply chain management. Sourcing is how the firm chooses their suppliers, sourcing is also another term for purchasing. Production is the manufacturing step, at the production stage the costs and the profits of the final product is calculated. Delivery is when the customer receives the product or service. Returns are part of the chain in supply chain management because defective goods will be returned and replaced as per company policy. A system needs to be in place to manage returned goods and dispatching the correct replacements as per customer request. There are three managerial flows in supply chains: the product flow, the information flow and the financial flow. Inventory management requires keeping accurate methods of inventory calculation whether mass producing goods or making on demand the just in time theory. Supply chain event management are alerts within the chain which prevent over stocking, bottlenecking and allows for management to be proactive in the monitoring of consumer demand and thereby estimating inventory purchasing more accurately.
Key outcomes of the course include:
BOTIs Program Outline
Component 1: Starting Out
Activities to break the ice
Housekeeping matters and administration
The Parking Area
program Objectives
Component 2: Why Supply Chain Management?
Customer Satisfaction
Enhancing Performance
Lowering Costs
Product Development
Training Example
Component 2: Assessment Queries
Component 3: Essential Terms (I)
Procurement
Upstream as well as Downstream
Raw Material
Forecasting
Carrying Cost
Training Example
Component 3: Assessment Queries
Component 4: Essential Terms (II)
Inventory
Order Generation
Order Taking
Order Fulfillment
Returns Management
Training Example
Component 4: Assessment Queries
Component 5: 3 Levels of Supply Chain Management
Strategic level
Tactical level
Operational Level
Bullwhip influence
Training Example
Component 5: Assessment Queries
Component 6: 5 Stages of Supply Chain Management
Plan
Deliver
Source
Make
Return
Training Example
Component 6: Assessment Queries
Component 7: The Flows of Supply Chain Management
The Information Flow
Data Warehouses
The Product Flow
The Finances Flow
Training Example
Component 7: Assessment Queries
Component 8: Inventory Management
Levels of Inventory
Just-In-Time Inventory
Keeping Accurate Records
Inventory Calculator
Training Example
Component 8: Assessment Queries
Component 9: Supply Chain Groups
The Suppliers
The Producers
The Customers
The Customers Customers
Training Example
Component 9: Assessment Queries
Component 10: Tracking as well as Monitoring
Dashboard
RFIDs
Alert Generation
Stock Keeping Unit (SKU)
Training Example
Component 10: Assessment Queries
Component 11: Supply Chain Event Management
Inventory Alerts
Supplier Alerts
Bottlenecking
Being Proactive
Training Example
Concluding Component 11: Assessment Queries
Component 12: Concluding
Wise Mens words
Assessment of Parking Area
Key Learnings
Evaluations as well as Completion Of activity Plans
Procurement Supply Chain Management Training Course Course: Course Duration
2 day/s
Who should attend: Procurement Supply Chain Management Training Course Course
Managerial course for those supervising the production process.
**Quote does not include Any Exam Fees (if applicable)
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