BEST PRACTICES IN PROCUREMENT AND LOGISTICS MANAGEMENT

Content

The Role of Procurement in the Value Chain

• Importance of Procurement to Business
• Classification of Purchasing Goods and Services
• New Developments in Procurements
• E-Procurement

The Purchasing Management Process

• Importance of Purchasing
• Primary Tasks and Responsibilities
• Delivering Value for Money
• Purchasing and Supply Management
• Supporting the Internal Client

Procurement Risk

• Why Risk Management in Procurement
• Typical Supply Chain Risks
• Methods of Managing Procurement Risk
• The Role for Contracts as a Risk Management Tool

Decision-Making in Procurement

• Creating the Statement of Requirement
• Supplier Sourcing
• Supplier Evaluation and Award
• Negotiation Skills

 Logistics and Supply Chain Management

• Materials Requirements Planning
• Basic Logistics Structure
• Just-In-Times Management
• Elements of the Procurement Information Systems
• Coordination Problems between Procurement and Logistics

Forecasting and Demand Planning

• Principles of Demand Planning
• Quantitative Forecasting Techniques
• The Soft Side of Forecasting
• Performance Measures and Targets

FOR WHOM: Buyers, Purchasing Managers, Procurement Managers, Production Managers, Stores Managers, Decision Makers, Operations Managers, Supervisors, Inventory Planning Managers, CFO, Directors, Accountants, Auditors, Finance Managers, Management Accountants, Financial Analysts, Staff and others who are involved in procurement management.

DATE:               10th – 12th July, 2024

                          16th – 18th December, 2024