TRAINING IN PROCUREMENT AND SUPPLY CHAIN MANAGEMENT 25th To 29th January 2021-Email info@sidinstitute.com Call+254727446544
David Onkware
Learning & Development| Business Development| Corporate Training| Organizational Development| Knowledge Management| | Proposal writer| Trainer
EVENT: PROCUREMENT AND SUPPLY CHAIN MANAGEMENT TRAINING COURSE
DURATION: 5 Days
VENUE: SID Institute Training Center; Nairobi, Kenya
EVENT DATE: 25-01-2021 TO 29-01-2021
FEE: Dollars $ 950 + 16% VAT
EMAIL: info@sidinstitute.com to request for the course details
Course Description
This 5-day training course covers the skills required to lead procurement and inventory teams to world class performance by running comanizations leaner, effectively and efficiently. The pressure to reduce costs, while maintaining customer service levels is essential in both procurement and inventory management. It focuses on the ‘gaps’ in performance to be filled in order to provide the continuous improvements needed to meet strategic objectives. Procurement and inventory are two of the least understood areas of business in many comanizations, but are essential for good business results. Adopting sound procurement and inventory management principles will lead to better return on investment, improved quality, lower costs, and reduced working capital
Who should attend?
? Purchasing, Procurement, Contracts, Contract Administration, Projects personnel
? Engineering, Facilities, Finance, and Maintenance Personnel
? Personnel involved in the planning and management of tender process
? Those involved in inventory management as a supplier, buyer, materials planner, warehousing, finance or even end-customer
? Those in general management wanting an understanding of the procurement and inventory processes
Learning Objectives
? Develop strategic purchasing plans & discuss how to improve internal customer service
? Explore many ways of reporting key performance indicators (KPIs)
? Understand the most important competencies for purchasing personnel
? Understand the importance of inventory & the role it plays in the profitability of the company
? Apply best methods to optimize the investment in inventory
MODULE 1: The 1st Steps to Becoming World Class
? Stages To World Class Purchasing
? How Purchasing is viewed today
? Strategic Sourcing
? Developing Spend Profiles and the ABC Analysis
? New Job Descriptions For Purchasing of the future
? Purchasing Personnel Required Skill Sets
MODULE 2: Evaluating Your Own Operation
? What are Best Practices
? Purchasing Gap Analysis
? Vision and Mission for Purchasing
? Developing The Purchasing Department Strategic Plan
? Developing Key Performance Indicators (KPIs) For Procurement
? Developing A Company Purchase Price Index
MODULE 4: Supplier Management Approaches
? Supplier Classification System
? Supplier Qualification Methods
? Supplier Performance Metrics
? Apply Performance criteria to Purchasing Decisions
? Process Mapping To Eliminate Low Value Activities
? Applying eProcurement business process
MODULE 5: Improving the Image of Procurement
? Global Sourcing
? International Labor Rates Comparison
? Developing and Maintaining a Customer Focus
? Basic Issues In Corruption And Fraud Prevention
? Increasing The Level of Procurement Professionalism
? Keeping Current in the profession
MODULE 6: Inventory in the Value Chain
? The purpose of inventory in the value chain
? Classification of inventory
? Procedure for eliminating obsolete inventory
? Pareto Law in identifying product Classification
? Location of inventory
? Using Economic Order Quantity on managing inventory order levels
MODULE 7: Demand Planning
? Basic forecasting methods
? Customer segmentation
? Hierarchy of planning
? Aggregate planning
? Maintenance & Inventory planning meeting
? Master Scheduling
MODULE 8: Forecasting
? Principles of forecasting
? Effect of lead time on the forecasting process
? Quantitative forecasting
? Qualitative forecasting
? Tracking forecast accuracy
? Determining safety stock
MODULE 9: Inventory Recording
? Period stock take
? Cycle counting
? Perpetual recording
? Utilising Bar-cades to manage inventory and movements
? The use of Radio Frequency Identification (RFID) for recording inventory movement
? Inventory accounting
MODULE 10: Performance Measurement
? Stock turnover rate
? Customer service
? Cost of operations
? Measuring the effectiveness of your system
? How to use the measurements
? Class exercise on selective inventory management
For further inquiries, please contact us on
Tel: +254 727 446 544
Mob: +254 727 446 544.
Email: info@sidinstitute.com
Website: www.sidinstitute.com
REQUIREMENTS AND TRAINING VENUE
The training will be held at SID Institute Training Center. Delegates should be reasonably proficient in English. Applicants must live up to SID Institute admission criteria.
ACCREDITATION
Upon successful completion of this training, participants will be issued with a certificate.
CUSTOMIZED/TAILOR- MADE
We will customize this training to fit your professional and institution expected outcome. You can have it delivered at SID Institute or at a convenient location.
Kindly Note: The program content shown here is for guidance purposes only. Our continuous course improvement process may lead to changes in topics and delivery methodology