Purchasing and Supply Chain Management are at the heart of every organization's operations, encompassing the planning, sourcing, procurement, logistics, and distribution of goods and services. It is a dynamic field that involves managing complex networks of suppliers, coordinating logistics activities, optimizing inventory levels, and ensuring the seamless flow of materials and information across the supply chain. Throughout this course, we will delve into various aspects of purchasing and supply chain management, covering topics such as strategic sourcing, supplier evaluation and selection, contract management, demand forecasting, inventory management, transportation, and logistics. We will examine the interdependencies and trade-offs between these functions, and explore how they contribute to overall operational efficiency, cost optimization, and customer satisfaction.

By the end of this course, participants will:

1. Understand the fundamentals of purchasing and supply chain management: Gain a comprehensive understanding of the role, importance, and components of the supply chain and its impact on organizational success.
2. Develop strategic sourcing and supplier management skills: Acquire the ability to segment suppliers, develop strategic sourcing strategies, manage supplier relationships, and evaluate supplier performance.
3. Master inventory management and demand planning techniques: Learn to effectively manage inventory, conduct demand forecasting, optimize inventory levels, and implement lean and just-in-time principles.
4. Gain expertise in logistics and transportation management: Understand the principles of transportation and logistics, optimize transportation costs, implement efficient warehousing and distribution strategies, and address sustainability considerations.
5. Manage supply chain risks: Identify and mitigate supply chain risks, implement risk assessment and contingency planning, and develop strategies for supply chain resilience and business continuity.
6. Measure performance and drive continuous improvement: Develop and implement key performance indicators (KPIs) for supply chain management, conduct performance measurement and benchmarking, and drive continuous improvement initiatives using technology and analytics.

This course aims to equip participants with the knowledge and skills necessary to effectively manage purchasing and supply chain operations, optimize inventory, enhance supplier relationships, mitigate risks, and drive continuous improvement in supply chain performance.

1. Improved Operational Efficiency: The training equips participants with knowledge of best practices, strategies, and techniques for effective purchasing and supply chain management.
2. Cost Reduction: Effective procurement and supply chain management strategies can lead to significant cost savings.
3. Enhanced Supplier Relationships: Supplier management plays a critical role in the success of any organization.
4. Improved Risk Management: The training covers risk management techniques and methodologies related to supply chain disruptions, supplier reliability, and regulatory compliance.
5. Enhanced Customer Satisfaction: Efficient purchasing and supply chain management contribute to timely delivery, improved product quality, and better customer service.
6. Greater Agility and Adaptability: The training provides insights into emerging trends and technologies in the field of supply chain management.
7. Sustainable Practices: The training highlights the importance of sustainability in purchasing and supply chain management.
8. Talent Development and Retention: Providing training opportunities demonstrates an organization’s commitment to the growth and development of its employees.

Procurement staff, Internal Auditors, Procurement committee members

5 – 10 days

However, the duration can be adjusted based on the specific needs and pace of the participants.

Module 1: Introduction to Purchasing and Supply Chain Management

• Understanding the role and importance of purchasing and supply chain management
• Exploring the key components of the supply chain
• Analyzing the impact of effective supply chain management on organizational success
• Examining the evolving trends and challenges in purchasing and supply chain management

Module 2: Strategic Sourcing and Supplier Management

• Conducting supplier segmentation and selection
• Developing strategic sourcing strategies
• Implementing supplier relationship management techniques
• Exploring supplier performance evaluation and development

Module 3: Inventory Management and Demand Planning

• Understanding inventory management principles and techniques
• Conducting demand forecasting and planning
• Implementing inventory optimization strategies
• Exploring lean and just-in-time inventory management approaches

Module 4: Logistics and Transportation Management

• Managing transportation and logistics operations
• Optimizing freight and transportation costs
• Implementing efficient warehousing and distribution strategies
• Addressing issues of reverse logistics and sustainability

Module 5: Supply Chain Risk Management

• Identifying and mitigating supply chain risks
• Implementing risk assessment and contingency planning
• Exploring strategies for supply chain resilience
• Addressing issues of global supply chain disruptions and business continuity

Module 6: Performance Measurement and Continuous Improvement

• Developing key performance indicators (KPIs) for supply chain management
• Conducting performance measurement and benchmarking
• Implementing continuous improvement initiatives
• Exploring the role of technology and analytics in supply chain performance