Training Course on Procurement, Logistics and Supply Chain Management (PLS004)
Training Course on Procurement, Logistics and Supply Chain Management
Effective procurement, logistics, and supply chain management are essential for ensuring that organizations obtain the right goods and services at the right quality, cost, and time. Well-managed supply chains improve operational efficiency, control costs, strengthen supplier relationships, reduce risks, and support organizational performance.
This comprehensive 10-day training equips participants with practical knowledge and skills to manage procurement, sourcing, supplier relationships, contracting, logistics, transportation, warehousing, inventory, supply chain planning, risk, and performance. It also explores digital transformation, sustainability, and ethical practices to help organizations build efficient, transparent, and resilient supply chains.
Course Duration
10 days
Course Objectives
By the end of this course, participants will be able to:
- Understand the principles and functions of procurement, logistics, and supply chain management.
- Develop effective procurement and sourcing strategies that promote value for money, transparency, and compliance.
- Manage supplier selection, evaluation, performance, and relationships.
- Plan and coordinate logistics, transportation, warehousing, and inventory activities.
- Apply demand planning, supply planning, and inventory management techniques.
- Manage procurement contracts and day-to-day procurement operations effectively.
- Identify and mitigate procurement and supply chain risks.
- Use digital procurement and supply chain technologies to improve efficiency and visibility.
- Monitor supply chain performance using appropriate KPIs and reporting tools.
- Promote ethical, sustainable, and socially responsible procurement practices.
Course Outline
Module 1: Strategic Procurement and Supply Chain Management
- Introduction to procurement, logistics, and supply chain management
- Procurement objectives and its strategic role in organizations
- Evolution from transactional purchasing to strategic procurement
- Aligning procurement strategy with organizational objectives
- Procurement planning and development of procurement strategies
- Centralized, decentralized, and hybrid procurement structures
- Relationship between procurement, logistics, and supply chain management
- Cross-functional collaboration and supply chain integration
Module 2: Strategic Sourcing and Procurement Planning
- Principles and processes of strategic sourcing
- Procurement needs assessment and spend analysis
- Developing effective procurement plans
- Make-or-buy and outsourcing decisions
- Supplier market research and sourcing strategies
- Category management and procurement segmentation
- Local, regional, and global sourcing considerations
- Achieving value for money through strategic sourcing
Module 3: Supplier Selection and Relationship Management
- Supplier identification and prequalification
- Supplier due diligence and evaluation
- Developing supplier selection criteria
- Request for Quotations, RFPs, and tender processes
- Bid and quotation evaluation
- Supplier onboarding and performance management
- Supplier relationship management and development
- Managing supplier risks and improving supplier performance
Module 4: Procurement Operations and Contract Management
- The procurement cycle from requisition to payment
- Developing specifications, TORs, and procurement documents
- Purchase orders, ordering systems, and procurement scheduling
- Managing deliveries, delays, and procurement exceptions
- Invoice verification and payment processes
- Contract development, negotiation, and administration
- Contract performance, variations, disputes, and closure
- Procurement compliance, ethics, transparency, and accountability
Module 5: Logistics, Transportation and Distribution Management
- Fundamentals and strategic role of logistics management
- Logistics planning and coordination
- Transportation modes and carrier selection
- Freight costing and transportation efficiency
- Route planning and logistics optimization
- Domestic and international transportation requirements
- Incoterms, customs, and shipping documentation
- Distribution management and last-mile delivery
Module 6: Warehousing and Inventory Management
- Strategic role and functions of warehouses
- Warehouse layout, storage systems, and material handling
- Receiving, inspection, put-away, picking, and dispatch
- Inventory control principles and stock classification
- ABC, VED, and FSN inventory analysis
- Demand forecasting, reorder levels, and safety stock
- Stocktaking, cycle counting, and inventory reconciliation
- Managing obsolete, damaged, surplus, and slow-moving stock
Module 7: Supply Chain Planning and Performance Management
- Demand forecasting and demand management
- Supply planning and replenishment
- Sales and Operations Planning (S&OP)
- Supply chain coordination and visibility
- Supply chain performance indicators and KPIs
- Supplier performance scorecards and dashboards
- Cost, efficiency, and service-level measurement
- Benchmarking and continuous supply chain improvement
Module 8: Supply Chain Risk and Resilience Management
- Identifying and categorizing supply chain risks
- Supplier, procurement, inventory, and logistics risks
- Financial, market, geopolitical, and operational risks
- Cybersecurity and technology-related supply chain risks
- Supply chain risk assessment and prioritization
- Risk mitigation and contingency planning
- Business continuity and supply chain resilience
- Scenario planning and managing supply chain disruptions
Module 9: Digital Procurement and Supply Chain Innovation
- Digital transformation in procurement and supply chains
- E-procurement and electronic sourcing systems
- ERP systems and integrated supply chain platforms
- Procurement data analytics and spend analysis
- Artificial Intelligence and automation in procurement
- Predictive analytics and demand forecasting
- IoT and smart technologies in logistics and warehousing
- Blockchain, traceability, and cybersecurity in supply chains
Module 10: Sustainable, Ethical and Integrated Supply Chains
- Principles of sustainable and responsible procurement
- Ethical procurement, transparency, and accountability
- Environmental considerations in supplier selection
- Socially responsible sourcing and human rights
- Green logistics and waste reduction
- Circular supply chain principles
- Sustainable supplier evaluation and monitoring
- Developing an integrated and sustainable supply chain strategy
Note: The specific content, activities, and duration of each session may be adjusted based on the target audience, learning objectives, and available time.
Course Language
English
Certification
Upon completion of training, the participant will be issued with a certificate of Completio
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