Supply Chain and Procurement Management MindShift Training

Introduction
Supply Chain Management seeks to synchronize a firm's processes and those of its suppliers to mathc the flow of material, services, and information with customer demand. Supply-Chain Management has strategic implications because the supply system can be used to achieve important competitive priorities. It also involves the coordination of key processes in the firm such as order placement, order fufillment, and purchasing, which are supported by marketing, finance, engineering, information systems, operations, and logistics. So, this training Course is designed for those employees who are currently, or those expected to be soon, working/involved in Supply Chain Management.
 
Objectives
As a result of attending this Course, the participants is expected to be able to:
1. Understand the importance of Purchasing and Supply and its direct impact on total cost and profit.
2. Know the different components of Purchasing and Supply, related strategies, and the inventory concept and its types.
3. Manage and improve the existing Purchasing and Supply System.
4. Develop and design the proper Purchasing and Supply System.
5. Plan future projects in a better way.
 
  
Outline
 
Introduction:
 
  • Supply Chain and its Related Costs.
  • Profit and International Competition
 
Supply-Chain Management
 
  • Material Management
  • Supply Chains
  • Supply Chains for Service Providers
  • Developing Integrated Supply Chains
 
Purchasing
 
  • Acquisition Process.
  • E-Purchasing
  • Supplier Selection & Certification.
  • Supplier Relations
  • Outsourcing (Make-or Buy Decisions)
  • Contracting
  • Centralized Buying
  • Local Buying
  • Value Analysis
 Distribution
 
Measures of Supply-Chain Performance
  • Inventory Measures
  • Links to Financial Measures
 
Supply-Chain Links to Operations Strategy
  • Efficient Supply Chains
  • Responsive Supply Chains
 
Design of Supply Chains
  • Supply-Chain Dynamics (External & Internal Causes)
 
Inventory Control Systems
  • Inventory Categories
  • Inventory Costs
    • Pressures for Low / High Inventories
  • Types of Inventory
  • Inventory Placement
  • Inventory Reduction Tactics
  • Inventory ABC Analysis
  • Inventory Records
  • Economic Order Quantity (EOQ)
 
  • Continuous Review (Q) System :
    • Lot size
    • Safety Stock Level
    • Reorder Point Level
  • Period Review  (P) System
    • Time Between Orders
    • Safety Stock Level
    • Target Level

 
Hybrid Systems
  • Max-Min System
  • Base-Stock System
  • Visual Systems
 
Special Inventory Models.
  • Non-instantaneous Replenishment
  • Quantity Discounts
  • One-Period Decisions
 
Aggregate Planning:
  • The Purpose of Aggregate Plans Production Plan
  • Managerial Importance of Aggregate Plans
    • Inputs, Objectives, and Alternatives.
    • Planning Strategies
  • The Planning Process.
  • Developing a Production Plan
 
Material Requirements Planning (MRP):
  • Dependent Demand.
  • Inputs to MRP:
    • Bill of Materials (BOM).
    • Master Production Schedule (MPS).
      • Make-to-Stock Strategy.
      • Assemble-to-Order Strategy.
      • Make-to-Order Strategy.
    • Inventory Record.
  • Planning Factors:
    • Lead Time, Lot-Sizing Rule, and Safety Stock.
  • Outputs from MRP.
  • MRP II: A Comprehensive Inventory Information Sys.
  • Implementation ;           
 
Just-in-Time Systems (JIT):
 
  • Characteristics of JIT Systems.
  • Continuous Improvement with JIT.
  • Kanban System.
  • Choice of an Inventory Management System.
 
Closing Discussion.
 

This course is no longer available.

Supply Chain and Procurement Management MindShift Training
Price: AED 700
AED 1,403
Instructor led live virtual classroom online. Classes may be individual or in group.

    Course details

    Introduction
    Supply Chain Management seeks to synchronize a firm's processes and those of its suppliers to mathc the flow of material, services, and information with customer demand. Supply-Chain Management has strategic implications because the supply system can be used to achieve important competitive priorities. It also involves the coordination of key processes in the firm such as order placement, order fufillment, and purchasing, which are supported by marketing, finance, engineering, information systems, operations, and logistics. So, this training Course is designed for those employees who are currently, or those expected to be soon, working/involved in Supply Chain Management.
     
    Objectives
    As a result of attending this Course, the participants is expected to be able to:
    1. Understand the importance of Purchasing and Supply and its direct impact on total cost and profit.
    2. Know the different components of Purchasing and Supply, related strategies, and the inventory concept and its types.
    3. Manage and improve the existing Purchasing and Supply System.
    4. Develop and design the proper Purchasing and Supply System.
    5. Plan future projects in a better way.
     
      
    Outline
     
    Introduction:
     
    • Supply Chain and its Related Costs.
    • Profit and International Competition
     
    Supply-Chain Management
     
    • Material Management
    • Supply Chains
    • Supply Chains for Service Providers
    • Developing Integrated Supply Chains
     
    Purchasing
     
    • Acquisition Process.
    • E-Purchasing
    • Supplier Selection & Certification.
    • Supplier Relations
    • Outsourcing (Make-or Buy Decisions)
    • Contracting
    • Centralized Buying
    • Local Buying
    • Value Analysis
     Distribution
     
    Measures of Supply-Chain Performance
    • Inventory Measures
    • Links to Financial Measures
     
    Supply-Chain Links to Operations Strategy
    • Efficient Supply Chains
    • Responsive Supply Chains
     
    Design of Supply Chains
    • Supply-Chain Dynamics (External & Internal Causes)
     
    Inventory Control Systems
    • Inventory Categories
    • Inventory Costs
      • Pressures for Low / High Inventories
    • Types of Inventory
    • Inventory Placement
    • Inventory Reduction Tactics
    • Inventory ABC Analysis
    • Inventory Records
    • Economic Order Quantity (EOQ)
     
    • Continuous Review (Q) System :
      • Lot size
      • Safety Stock Level
      • Reorder Point Level
    • Period Review  (P) System
      • Time Between Orders
      • Safety Stock Level
      • Target Level

     
    Hybrid Systems
    • Max-Min System
    • Base-Stock System
    • Visual Systems
     
    Special Inventory Models.
    • Non-instantaneous Replenishment
    • Quantity Discounts
    • One-Period Decisions
     
    Aggregate Planning:
    • The Purpose of Aggregate Plans Production Plan
    • Managerial Importance of Aggregate Plans
      • Inputs, Objectives, and Alternatives.
      • Planning Strategies
    • The Planning Process.
    • Developing a Production Plan
     
    Material Requirements Planning (MRP):
    • Dependent Demand.
    • Inputs to MRP:
      • Bill of Materials (BOM).
      • Master Production Schedule (MPS).
        • Make-to-Stock Strategy.
        • Assemble-to-Order Strategy.
        • Make-to-Order Strategy.
      • Inventory Record.
    • Planning Factors:
      • Lead Time, Lot-Sizing Rule, and Safety Stock.
    • Outputs from MRP.
    • MRP II: A Comprehensive Inventory Information Sys.
    • Implementation ;           
     
    Just-in-Time Systems (JIT):
     
    • Characteristics of JIT Systems.
    • Continuous Improvement with JIT.
    • Kanban System.
    • Choice of an Inventory Management System.
     
    Closing Discussion.
      Updated on 15 February, 2023

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