No business can survive very long without an effective program of controls over the parts and materials that are used in producing or distributing goods and services of the firm. Like many other things that depend on human interpretation, “control” means different things to different individuals.
This is an introductory Course for you, the warehouse or stockroom manager, the person in charge of what comes in and goes out of your company. You want a smooth and cost-effective operation, with enough products on hand to satisfy needs without stockpiling too much.
- What is Inventory?
- Types of Inventory
- Key Players
- Setting up the Warehouse
- What Makes a Good Inventory Management System?
- The Warehouse Inventory Cycle
- Identifying Demand
- The Receiving Process
- Validating Inventory
- The Put-Away Process
- Maintaining Inventory Accuracy
- The Outbound Process
- Industry Trends
Purchasing and procurement functions are about much more than bringing goods and services into an organization. They are the foundation of strong, collaborative relationships with suppliers. Since many companies source products from around the globe more frequently than ever, a procurement manager needs strong capabilities. These skills cannot just be learned on the job: they need to be taught. As well, the value of procurement is now recognized as an integral part of cost control within the organization.
This Course will help you Understand how to:
- Describe what a supply chain is
- Describe their procurement department’s role within the organization
- Understand the principles of the purchasing cycle
- Apply the steps needed for managing a competitive bid process, from the request for proposals or qualifications through to negotiating the contract
- Identify what it takes to set up a competitive bid for a contract
- Defend their position on why a particular supplier should be selected based on an evaluation strategy
- Be responsible for managing supplier performance, including controlling quality and setting and monitoring standards
- Apply the tools of the procurement trade, from PC-based applications to cloud-based solutions
- Supply Chain Management Basics
- The Purchasing Cycle
- Purchasing Toolkit
- Managing Competitive Bids
- Improving Efficiency and Accuracy
- Analyzing and Reducing Risk in the Supply Chain
- Managing Internal Relationships
- Tools of the Trade
The supply chain is a crucial part of any business’ success. Optimizing the flow of products and services as they are planned, sourced, made, delivered, and returned can give your business an extra competitive edge.
This course will introduce you to the basic concepts of supply chain management, including the basic flow, core models, supply chain drivers, key metrics, benchmarking techniques, and ideas for taking your supply chain to the next level.
This course covers:
· Define supply chain management and logistics
· Explain the vertical integration and virtual integration models
· Understand the stages in the basic supply chain flow
· Identify participants in the supply chain
· Recognize supply chain drivers and ways to optimize them
· Align supply chain strategy with business strategy
· Determine what metrics to track and how to benchmark the related data
· Troubleshoot basic supply chain problems
· Identify ways to develop your supply chain, such as using third-party logistics providers (3PL’s), insourcing processes, developing sustainable and eco-friendly strategies, leveraging process improvement strategies, and adopting new techniques
The Evolution of the Supply Chain
The Basic Supply Chain Structure
Supply Chain Drivers
Aligning Your Supply Chain with Business Strategy
Managing Supply Chain Risks
Tracking and Evaluating Supply Chain Data
Troubleshooting Supply Chain Problems
Sharing Supply Chain Activities
Sustainable Supply Chain Strategies
Applying Lean Techniques to the Supply Chain
The Future of Supply Chain Management