Supply Chain & Procurement Management

Introduction:

Supply Chain Management (SCM) spans all movement and storage of raw materials, work-in-process inventory, and finished goods from point-of-origin to point-of consumption. Supply Chain Management is not a business function, rather it is a new business model necessary for an organization’s success and everyone in the organization needs to be involved. In this increasingly competitive global business environment, the quality of SCM operations, their costs and capability can make the difference between the success and failure of business ventures. The performance of any company is not measured with the revenue or profit, now a day; rather, it is measured with the supply chain process that the company is processing. Companies are also emphasizing on following proper supply chain process to generate more revenue by reducing the cost because whatever we do to fulfill our demand is called Supply Chain Management. It includes Supplier Relationship Management, Internal Supply Chain Management, and Customer Relationship Management. In a nutshell, it may be described that thousands of activities are performed and coordinated within a company, and every company is by nature in some way involved in supply chain relationships with other companies. This training will mainly focus on the supply chain and logistics system.

Objectives of the training:

·        To introduce the Supply chain process, drivers and different stages of Supply Chain Management

·        To provide a clear idea of role of supply chain management in project and business decisions

·        To enable the participants on demand forecasting, maintaining the quality

·        Understanding the cost reduction tools in supply chain management

How will participants benefit after this training?

1. Participants will be able to understand the entire supply chain process. They will be able to take correct business decision.
2. Participants will be able to find out the critical path in a project work and take necessary action by correcting the supply chain process.
3. They will be able to do correct forecasting.
4. A clear idea about house of quality, JIT will be given in the training and at last the participants will be introduced with a number of cost reduction

Contents of Training:

1. Understanding SCM (Supply Chain Management)
2. Sourcing Strategies and Procure to Pay end to end Process
3. Effective Business Negotiation
4. Preparation & Managing Contract
5. Logistics in SCM – Inventory, Warehousing, Packaging, Distribution
6. SCM in International Business – LC, Inco-Term, Payment etc.
7. SCM Performance Management & SRM
8. Sustainable SCM – Due Diligence, HSSE, SBTi etc.

==================================

** Review of the above topics

————————————————–

• Group Discussion
• Question & Answers Session
• List of related book reference
• Certificate Distribution