Fundamentals of Supply Chain Management

Course details

This course covers the basics of supply chain management, including international sourcing, managing suppliers, procurement, logistics and transport, and inventory management.

Who Should Attend?

Any personnel involved in the sourcing of goods and services for the organization, including supply chain managers, purchasing managers and project managers

COURSE OUTLINE

• Definitions of Supply Chain
• Benefits of Supply Chain Management approaches
• International sourcing – risks and benefits
• Risk Management
• Procurement Processes and best practices
• Key Performance Measures
• International Contract Law including Incoterms
• Negotiating with suppliers and customers
• Stock level control processes
• Sales, Operations and Procurement Planning
• Ethics and Standards
• Action planning and change management

Learning Goal

Participants should be able to:

• Define the key elements of their supply chains
• Assess the principle risks and risk management processes for their supply chain
• Be able to plan, forecast and budget their future supply chain requirements
• Set appropriate Key Performance Measures for their supply chains
• Develop supply chain management processes for key suppliers
• Utilize best practices in sourcing and procuring suppliers
• Develop individual action plans for implementing learning