MM24
Course Contents
Module 1 - Role of Procurement & Contribution Overview
Key Topics
- Purchasing and its contribution to the organisation
- Mission and Vision of Procurement
- International Best Practices in Procurement
- The influence of the External Environment in Procurement
- Developing a World class procurement strategy
- The Procurement Cycle – Process Overview
Module 2 - Setting the Strategic Sourcing Methodology
Key Topics
- Spend Category Analysis & Strategy
- Profiling spend categories
- Assessing market risks
- Analyzing financial impact
- Mapping spend categories (Routine, Bottleneck and Strategic Items)
- Consolidating category reports
- Segmentation and analysis of suppliers
- Supplier Analysis & Strategy
- Mapping supplier profiling (by location, value, volume & strategic alliance)
- Formulate supplier diversity plan
Implementation of Strategic Outcome
Module 3 - Development of Procurement Processes and Implementation
Key Topics
- Develop procurement processes
- Mapping of procurement processes
- Define strategic and operational processes
- Procurement Guideline and Internal Controls
- Integrating ethical principles
- Implement procurement processes
- Managing RFI, RFQ and RFP processes
- Application of bid evaluation criteria
- Working with Stakeholders in Procurement
- Implementing Contract Management Process
- Using procurement decision matrix (by value and ordering channel)
- Employing purchasing tools and templates
- Applying Total Cost of Ownership (TCO)
Module 4 - Supplier Integration and Management
Key Topics
- Supplier Prequalification
- Supplier Rating and Ranking
- Identifying and Mitigating Risk
- Partnering with suppliers
- Building good relationships with suppliers
- Negotiating Principles and Strategies
- Managing Supplier Level Agreements (SLAs)
- Define supplier base optimisation
- Applying eProcurement business process
Module 5 - Performance Management and Continues Improvement
Key Topics
- Supplier Performance Measurement and Evaluation
- Quality Management for Strategic Sourcing
- Pursuing Global Supply Management Excellence
- Continues Optimisation of Small Value Purchase Orders
- Cost Reduction Initiatives
- Developing Procurement Key Performance Indicators (KPIs)
- Action Planning for implementation
Module 6 - Understanding Logistics and the Supply Chain
Key Topics
- Definitions of logistics and Supply Chain management
- History and the development
- Understanding the Supply Chain dynamics
- International and Global logistics
- Supply Chain Phases
- The Theory of Constraints (TOC)
Module 7 - Transportation Economics
Key Topics
- The Role of Transportation in Logistics
- Management Key Decisions
- Types of mode or intermodal system
- International Commercial Terms in transportation and the liabilities
- Documentation in transportation
- Hazardous materials transportation
Module 8 - Performance, Risk and Warehouse Management
Key Topics
- Key performance indicators (KPI)
- Warehouse Management:
- Role in the Supply Chain
- Flows
- Equipment selection
- Supply Chain risks:
- Operational
- Inventory
- Exchange rates
- Financial
- Disruption
- Security
Module 9 - Procurement in Supply Chain
Key Topics
- 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
- Team Roles and responsibilities
Module 10 - Inventory Management
Key Topics
- Statistics in inventory management
- Financial in inventory management
- Selective inventory control management
- Understanding Inventory status
- Reducing excess and obsolete inventory
- Improving the organisation’s logistics and supply chain
