- Payment Terms: Enquire
- Duration / Course length: 3 Days
- Starting Date: Enquire About It
- Timings: Enquire
Course details
Day 1: Advanced Procurement Strategies- Understanding Strategic Procurement
- Definition and Importance
- Strategic vs. Tactical Procurement
- Supplier Relationship Management
- Building and Maintaining Supplier Partnerships
- Techniques for Effective Negotiation
- Sourcing Strategies
- Global Sourcing and Outsourcing
- E-Procurement Systems and Technologies
- Performance Measurement
- Key Performance Indicators (KPIs) for Procurement
- Supplier Performance Evaluation Techniques
- Advanced Inventory Management Concepts
- Just-in-Time (JIT) Inventory
- Economic Order Quantity (EOQ) Model
- ABC Analysis for Inventory Classification
- Demand Forecasting Methods
- Quantitative and Qualitative Techniques
- Seasonal and Trend Analysis
- Inventory Optimization Techniques
- Inventory Turnover Ratio
- Safety Stock Calculations
- Cycle Counting and Stock Audits
Day 3: Integration and Case Studies
- Integrating Procurement and Inventory Management
- Collaborative Planning, Forecasting, and Replenishment (CPFR)
- Cross-Functional Collaboration
- Risk Management in Procurement and Inventory
- Identifying and Mitigating Risks
- Contingency Planning
- Case Studies and Practical Applications
- Real-World Examples of Advanced Procurement and Inventory Control
- Group Discussions and Presentations
- Course Review and Assessment
- Recap of Key Concepts
- Q&A Session
Eligibility / Requirements
- A minimum of 2 years of experience in procurement, supply chain management, or inventory management.
- Familiarity with basic procurement and inventory concepts is recommended.
Job roles this course is suitable for:
• Procurement Managers , Inventory Manager , Supply Chain ProfessionalsCourse Location
About The Gulf Consultant
About the Gulf Consultant
The Gulf Consultant for Consultancy and Training was founded in 1996 in Dubai, United Arab Emirates. As a specialized consultancy institution in the fields of consulting, training, studies, and research, we are dedicated to serving businessmen. Our mission is to provide quality and specialized services in economic, administrative, and international trade areas, particularly in trade remedies (anti-dumping), competition, and issues related to the World Trade Organization.
We also aim to develop human capital in both the public and private sectors by offering professional and distinguished training services in these fields. Additionally, we provide high-quality consultancy and logistical services to investors and entrepreneurs, guiding them from idea evaluation and feasibility studies to establishing companies, conducting market research, and project evaluation. All of this is carried out while adhering to professional standards and international performance specifications.
Our team consists of highly competent experts and consultants who collaborate with leading international institutions and think tanks. We strive for excellence and innovation, providing solutions that meet our clients’ aspirations and contribute to achieving their strategic goals. By fostering sustainable partnerships, we enhance our value and impact within the business community.
Strategic Partners
We are proud to collaborate with esteemed strategic partners, including:
- KHDA
- SBA Consulting
- UMC
- Emirates Glass
- Paragon
- Sharjah Chamber of Commerce and Industry
- WHY FIVE
- Supreme Council for Family Affairs
What Sets Us Apart
- Distinguished Experience: We have extensive expertise in the fields of economics, management, training, and the World Trade Organization, particularly in trade remedies.
- Experienced Team: Our training, consulting, and functional staff have long-standing and distinguished careers in their respective fields.
- Cultural Awareness: We possess a deep understanding of the culture and business environment in the Gulf Cooperation Council (GCC) countries while staying updated on global developments.
- Continuous Assessment: We conduct ongoing evaluations of market strategies and business environments according to international standards.
- Work Ethics: We are committed to high levels of work ethics and transparency, providing outstanding service to our clients.
Mission
Our mission is embodied in excellence and creativity to provide consulting services of international standards. We strive for leadership by innovating comprehensive and inventive solutions that meet our clients’ aspirations and contribute to achieving their strategic goals. We believe in the continuous effort to build sustainable partnerships that enhance the value of our existence and impact in the business community.
Vision
Our vision is to achieve leadership with international standards, setting benchmarks in quality and innovation within the consultancy and training sectors.
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