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- Locations: London United Kingdom
- Duration / Course length: 5 Days
- Starting Date: Enquire About It
- Timings: Enquire
Course details
Overview
Supply Management manages relationships information and materials flows across organisational boundaries to deliver enhanced customer service and economic value. Supply managers aim towards synchronising and amalgamating these flows through the implementation of a specific ordering of work activities across time and place with a beginning an end clearly identified inputs and outputs as well as a structure for action. Project Management is also a structured process of managing workflow in a specific order across time and place. The close similarities between these two processes provide a firm foundation to expand the supply manager's worldview to adopt project management principles and techniques. This course focuses on integrating project management principles into the supply management process. This course will teach you how project management concepts are applied to enhance supply management. You will also gain an understanding of the tools and techniques used to initiate execute manage and control a project.
Objective
Organiseplanlaunchtrackand close a project
Create a clear project objective and work breakdown structure
Master project planningexecution and control skills
Identify the skills necessary to lead or serve on a project team
Utilize project management-related techniques
Create an accurate project timeline
Incorporate uncertainties in project time and cost plans
Use various project scheduling techniques
Plan a project balancing the constraints of scopetimecost and quality
Complete project cost estimation and financial evaluations
Build and maintain effective and efficient project procedures and processes
Identify improvement opportunities to manage supply chains better
Demonstrate proficiency in developing project plans and making sound decisions
List the objectives of inventory management and its impact on cost and customer service.
Perform proper inventory classification and use best practices for item specification/cataloguing.
Use forecasting techniques to predict demand and better manage lead times.
Identify the optimum ordering quantity and determine safety stocks and reorder points.
Conduct cycle countsimprove inventory record accuracyand find ways to reduce inventories.
List various techniques to minimise inventoryincluding JIT (Just-In-Time).
Apply Key Performance Indicators (KPIs) to measure and improve inventory performance.
Who Should Attend
This course is designed for professionals who are interested in supply management, including leaders, managers, supervisors, and persons responsible for evaluating and improving their company's supply management programs and activities. It is tailored for those seeking ways to improve, enhance and maximise the value they add to their organisations through better management of their supply systems.
Course Outlines
Day 1 - Setting up the Scene
Project management terminology and life-cycle project phases
Overview of the Project Management Process
Key areas of Project Management Body of Knowledge
Supply management and project management: similarities and differences
Types of integration
Impact of early decisions on project success
Classical project phases
Project scope
parameters & constraints
The concept of Value-for-Money project delivery
The project supply chain
Day 2 - Demand Planning
how to introduce a better demand planning process in their organisation
the importance of forecasting
the relationship between forecasting and demand planning
influencing adjusting and managing demand
the key performance measures used in demand planning
how to stabilise demand and create a better balance between supply and demand
Day 3 - Operation and Inventory
Thorough understanding of competitive advantages
Strategic plans activities and critical decisions are required when managing operations in an organisation.
You will know the characteristics of an operations manager and the relationship between operations productivity and competitiveness.
Inventory control
Inventory management
Warehouse management
Traffic management
Supply chain management
Supervision and leadership
Purchasing
Computerised logistics
Day 4 - Effective Project Relationships Management
Suppliers/contractors selection
Project manager skills
Building and sustaining professional relationships
Trust and trust building
Principled negotiations
Leadership skills
Dealing with professional disagreements
Day 5 - Project Execution and Closure
Change control processes
Identifying measurements of project success
Project monitoring
Integrating project scope time and cost
Leading and lagging indicators
Project plan update
Project reporting: to whom and to what level?
Closing and evaluation of the project
Project success factors
Application of lessons learned
Course Location
About London Training For Excellence
Empowering Professionals for Over a Decade
London Training for Excellence is a leading provider of professional development programmes, established in 2013. For over eleven years, we have been committed to equipping individuals and organisations with the skills and knowledge they need to excel in today's ever-evolving business landscape.
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We offer a comprehensive range of training solutions across a diverse set of industries, including:
- Artificial Intelligence (AI): Stay ahead of the curve with cutting-edge training on AI applications, machine learning and data analysis.
- Contact Management: Learn best practices for building and nurturing relationships, managing communication workflows and leveraging technology to optimise your outreach efforts.
- Engineering: Enhance your technical expertise and stay current with the latest advancements in various engineering fields.
- Finance and Legal: Gain a deep understanding of financial concepts, legal frameworks and compliance requirements.
- Human Resources: Navigate the complexities of HR practices, from recruitment and onboarding to employee relations and performance management.
- Leadership and Management: Develop your leadership skills, communication techniques and team-building strategies.
- Logistics: Optimise your supply chain operations and ensure efficient delivery of goods and services.
- Marketing and Sales: Develop effective marketing strategies, hone your sales skills and drive business growth.
- Oil and Gas: Gain specialised knowledge and skills relevant to the oil and gas industry.
- Project Management: Master the art of project planning, execution and delivery to ensure successful project outcomes.
Our Approach
At London Training for Excellence, we believe in delivering high-quality, interactive training programmes that cater to diverse learning styles. Our experienced instructors are industry experts who combine theoretical knowledge with practical application.
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We understand that busy professionals require flexible learning options. We offer a variety of delivery methods to suit your needs, including:
- In-person training: provides more significant face-to-face interaction. In a classroom setting, attendees can connect in real-time. In-person training also offers more opportunities for group activities and interactive projects.
- Online Courses: Our comprehensive online courses allow you to learn comfortably in your working environment.
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