About the Course

Developing and executing effective strategies for procuring materials, goods, equipment, and services has become essential for organizations aiming to reduce operating costs while enhancing quality and productivity. The Procurement and Supply Chain Management training course explores key principles, processes, terminology, methods, and tools used in procurement and supply management. Participants will learn how to design strategies that address the needs of both internal and external customers, while aligning with organizational goals. The course will also cover how to assess spending and analyze market dynamics to create effective sourcing and supply chain strategies. Additionally, this training will highlight global best practices and examine how external factors influence procurement and supply operations.

Target Participants

Training on procurement and supply chain management is ideal for procurement and supply chain management staff, project managers, finance staff, operational staff, government officials, and any other professionals who want to build their skills in procurement and supply chain management.

What you will learn

By the end of the course the learner should be able to:

• Understand the importance of procurement and supply chain in attaining organizational goals
• Understand global best practices in procurement and supply chain management
• Create a strategic sourcing plan, evaluate internal spending and supply market trends
• Apply various sourcing techniques to maximize savings and guarantee supply security
• Control the effectiveness of the procurement procedures for ongoing development
• Obtain fresh perspectives on improving supply chains and logistics to gain a competitive advantage

Course duration

10 days

Course Outline

Procurement as a Dynamic, Interactive System

• Definition of procurement
• The system approach vs. the traditional functional approach
• What is the goal of procurement?
• Developing the strategic procurement plan
• Overview of the procurement process
• Procurement as part of the supply chain

Developing the Strategic Procurement Decisions

• Make/buy decision
• Vertical integration
• Alliances and partnerships
• Inter-company trade
• Reciprocity and countertrade
• Supplier strategy
• The coordination strategy
• The purchasing organization

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

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 the procurement: small-value purchase orders

Contingency Procurement Decisions

• The different contingency situations
• Contingency management

Procurement Performance Measurement

• Spend analysis
• Total cost of ownership
• Supplier performance measurement

Introduction to Supply Chain Management

• What is supply chain management?
• Principles of supply chain management
• The supply chain and competitive performance
• The changing competitive environment
• Supply chain operations reference models (SCOR)
• The theory of constraints (TOC)

Logistics and Distribution

• Concepts of Logistics and Distribution
• Integrated Logistics and Supply Chain
• Customer Service and Logistics
• Channels of Distribution
• Issues and Challenges for Logistics and the Supply Chain

Procurement in Supply Chain

• The difference between procurement and purchasing
• What is the role of procurement and purchasing?
• Support operational requirements
• Managing the procurement process and the supply base
• Team roles and responsibilities

Inventory Planning and Management

• Need to Hold Stocks
• Types of Stockholding/Inventory
• Stockholding Policy Implications
• Inventory Costs and Reasons for Rising Inventory Costs
• Inventory Replenishment Systems
• Demand Forecasting

Inventory and Supply Chain

• Different Inventory Requirements
• Lead-Time Gap, Inventory, and Time
• Analyzing Time and Inventory
• Inventory Planning for Manufacturing and Retailing

Warehousing and Storage

• Principles of Warehousing
• Storage and Handling Systems
• Order Picking and Packing
• Receiving and Dispatch
• Warehouse Design
• Warehouse Management and Information

Operational Management

• Cost and Performance Monitoring
• Benchmarking
• Information and Communication Technology in the Supply Chain
• Outsourcing
• Outsourcing Management
• Security and Safety in Distribution
• Logistics and Environment

Supply Chain Risks

• Operational
• Inventory
• Exchange rates
• Financial
• Disruption
• Security

Training Approach

This course is delivered by our seasoned trainers who have vast experience as expert professionals in the respective fields of practice. The course is taught through a mix of practical activities, theory, group works and case studies.

Training manuals and additional reference materials are provided to the participants.

Certification

Upon successful completion of this course, participants will be issued with a certificate.

Tailor-Made Course

We can also do this as a tailor-made course to meet organization-wide needs. Contact us to find out more info@trainingsinkigali.com

Payment

The training fee covers tuition fees, learning materials, and training venue. Accommodation and airport transfer are arranged for our participants upon request.

Payment should be sent to our bank account before start of training and proof of payment sent to info@trainingsinkigali.com