Procurement & Supply Chain Management Best Practices
Procurement & Supply Chain Management Best Practices
Course Code:
PM11
Course Objective
Review the meaning of strategic procurement
Be given examples of best practices in procurement and the supply chain
Review how to obtain best pricing
Be taught how to develop spend analysis
Develop a functional and cross functional view of the supply chain
See that better working with all of the supply chain players pays
Consider Key Performance Indicators (KPI’s)
Target Audience
This course will mainly benefit to purchasing managers, senior buyers, project managers, civil engineers, construction managers, contractors, sub-contractors, site engineers, senior management, and government agencies, architects, construction professionals, and anyone responsible for purchasing at a senior level who seeks to enhance their skills further.
Course Outline
Day 1 – Seeing Procurement as a Dynamic, Interactive System
The System Approach vs. the traditional Functional Approach
What is the goal of Procurement?
Developing the Strategic Procurement Plan
An overview of the procurement process
Procurement as part of the Supply Chain
Day 2 – Developing the Strategic Procurement Decisions
Make/buy decision
Vertical integration
Alliances and partnerships
Inter-company trade
Reciprocity and counter trade
Supplier strategy
The coordination strategy
The Purchasing organisation
Day 3 – Implementing the Tactical Procurement Decisions
Supplier involvement
Value analysis
Quality Assurance
Supplier selection
Supplier rating and ranking
Contract management
IT systems and e-Procurement
Policies and procedures
Staffing the Procurement Department
Day 4 – Dealing with Operational Procurement Decisions
Selecting the most appropriate ordering process
Addressing quality issues
Follow up
Overdue orders
Expediting
The payment process
Reducing the cost of procurement: small value purchase orders
Day 5 – Procurement in Supply Chain
The difference between Procurement and Purchasing
What is the role of Procurement and Purchasing?
Support Operational Requirements
Manage the Procurement Process and the Supply Base
Develop Strong Relationships with Other Functional Groups