Training on Procurement, Contract & Supply Chain Management

Module 1:Introduction to Supply Chain Management & Procurement Excellence

• Overview of the Supply Chain concept
• Core functions and focus areas of Supply Chain Management
• Types of Supply Chains and operating models
• The strategic role of Procurement in the Supply Chain
• Evolution of buying into modern Supply Management
• Evolutionary stages to World Class Procurement
• Measuring supply chain efficiency, cost, quality, and service performance
• Key trends shaping supply chains: digitalization, sustainability, and resilience
• Case Study: How an organization improved performance by integrating procurement into supply chain strategy

Module 2:Strategic Decisions in Procurement

• Vertical integration, partnerships, and strategic alliances
• Involving end-users in the procurement process
• Developing a successful supplier strategy
• Crafting a contracting strategy
• Coordination of purchasing requirements
• Transfer pricing and inter-company trade
• Purchasing organization
• Tactical decisions in purchasing
• Early Supplier Involvement (ESI)
• Value analysis
• Supplier selection
• Supplier quality assurance & auditing
• Supplier rating
• Contract management
• Purchasing information system
• Purchasing policies and procedures
• Staffing issues
• Commodity teams
• Case Study: Supplier strategy improving cost savings and service delivery

Module 3:Operational Decisions in Purchasing

• The ordering process
• Expediting
• Invoice verification
• Workload management
• Document handling
• Effectively dealing with small value purchases
• Developing spend profiles and the ABC Analysis
• Case Study: Reducing procurement cycle time through process improvement

Module 4:Applying Supply Chain Management Principles to Procurement

• The four V’s of Supply Chain Management
• Creating a value proposition
• SCM planning process
• Four different SCM scenarios
• Using ERP to effectively spare part requirements
• Case Study: ERP implementation improving inventory and spare parts availability

Module 5:Change Management in Procurement

• Why the status quo is no longer good enough
• Determining the readiness of an organization for change
• Implementing a change management project
• Determining what to change
• Determining what to change to
• Determining what is required to implement the change
• Putting forward a business case to top management
• Case Study: Managing resistance during procurement transformation initiative