PROGRAM'S BACKGROUND

This program explores the vital role that logistics plays in strategic supply chain management and its links to procurement. Candidates develop an understanding of the primary logistics activities of transportation, warehousing and inventory management. The program includes a consideration of a variety of analytical and technological tools such as activity-based costing, total cost of ownership and warehouse management systems. Issues in transportation from modal choices to industry regulations are discussed, as is logistics outsourcing through third-party logistics services (3PLs) and fourth-party logistics services (4PLs). The program will prepare you to chart a customized logistics strategy for your organization and make strategic logistics decisions, based on the most current concepts and transportation options. Effective management of the flow of materials throughout an organizations supply chain is of critical importance. In this program, participants will gain knowledge on how to:

›       Utilize modern purchasing management techniques

›       Sharpen your negotiation skills

›       Manage inventories in a more productive manner

›       Improve control over warehouse and transportation operations

PROGRAM'S OBJECTIVES

This Program’s Attendees Will Be More Able To:

›       Examine the most effective purchasing practices

›       Learn new trends in supplier management

›       Gain greater insight into the negotiation process

›       Study the use of negotiation techniques

›       Develop a strategy to better manage inventories

›       Examine inventory reduction techniques

›       Explore new methods and technologies in warehousing

›       Analyze the function of transportation management

PROGRAM'S ATTENDEES

›       Purchasing Professionals

›       Procurement Professionals

›       Stock Control Personnel

›       Warehousing Professionals

›       Materials Management Personnel

›       Procurement, Buyers and Purchasing Professionals

›       Stock, Logistics, Warehouse and Distribution Personnel

›       Owners and operators of companies with supply operations

›       All those who need an understanding of the relationships between cost, service and productivity in supply operations

PROGRAM'S OUTLINE

MANAGING THE PURCHASING FUNCTION

›       The 10 steps of purchasing

›       Buyer skills development

›       Objectives of supply chain management

›       Supplier location and selection

›       Types of contracts and purchase orders

›       Supplier management

›       Quality assurance

›       Remedies for non-performance

NEGOTIATION SKILLS DEVELOPMENT

›       Foundations of successful negotiations

›       Overcoming difficulties in negotiations

›       The impact of ethics

›       Sharpening your skills

›       Establishing negotiating goals

›       Effective negotiating strategies

›       Effective negotiating techniques

›       Moving from confrontation to cooperation

INVENTORY MANAGEMENT

›       Inventory management systems

›       Establishing inventory levels

›       Supplier managed inventory

›       Consignment inventory

›       Just in time inventory management

›       Obtaining the benefits of standardization

›       Utilizing ABC analysis

›       Inventory management effectiveness measures

MANAGING WAREHOUSE OPERATIONS

›       Warehouse functions

›       Utilizing warehouse systems

›       Warehouse layout

›       Inventory accuracy and cycle counting

›       Bar coding identification systems

›       Radio frequency identification systems

›       Improving warehousing productivity

›       Overcoming barriers to performance

MANAGING TRANSPORTATION OPERATIONS

›       Correct application of Inco terms

›       Air carrier selection criteria

›       Ocean carrier selection criteria

›       Obtaining insurance coverage

›       Managing truck delivery operations

›       Utilizing modern tracking technology

›       Effective use of consolidation

›       Measuring transportation performance

ADDITIONAL DETAILS