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Best practices in Strategic sourcing and supply chain management for Cost competitiveness and growth


Focus Areas

  • Overview of Business
  • Why Purchasing and Supply Chain is important in present situation
  • Strategic Role of Purchasing and Supply Chain and Interface with the organization
  • Overview of Procure to Pay
  • Best Practices in Procure To Pay
  • Improvement Initiatives with Suppliers
  • Supplier Evaluation and Development
  • Logistics – Improvements in Warehousing and Transportation
  • Use of Technology in Supply Chain
  • KPIs  and Dashboard for Supply Chain

Background

With the economic downturn the organizations will have to make all efforts to reduce cost and maintain satisfactory cash flow. In order to maintain satisfactory cash flow, it will be imperative that the Operations and Supply Chain functions will have to make all out efforts to optimize the inventories. The Supply Chain function of the future, therefore, will have to use the best practices. Those who will take the path of using the latest techniques and the technology have the best chance to survive and grow.

This program will provide you with these ‘best in class’ techniques in Supply Chain function. This workshop will be presented in 2 online sessions of about 3 hours each. During 1st session, a practical assignment will be given to the participants. In the next sessions, some of the participants will discuss the work done in their assignments and this will benefits the other participants.

Key Takeaways

  • Understand Best practices in SCM
  • Implement improvement initiatives with suppliers
  • Learn how to do supplier evaluation
  • Learn Negotiation Techniques
  • Make use of technology in SCM

Enquire About This Programme




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