Supply chain management involves end-to-end management of various functions/processes in the transformation of raw material into finished products delivered to customers. The purchasing function of the supply chain has evolved into a cost-saving function.

Cost-saving in this process is achieved through process, product and supplier relationship developments. Purchasing has become a core competency for any organisation. Logistics management helps meet customer expectations through planning, execution and control of movement and storage of goods, information and services from origin to destination.

Material Management, on the other hand, includes planning, controlling and directing those activities concerned with material and inventory requirements. A supply chain management system includes software solutions that help in managing and overseeing the flow of data, goods and finances from the point of origin to the destination.

This training course will empower you with detailed knowledge of all aspects of the supply chain, thereby building your capabilities to manage all functions effectively.

Further, by undertaking this course, you will be able effectively work with supply chain management systems to improve functions and operations across the supply chain, in turn increasing your credibility to handle complex functions and processes of the supply chain.

Course Objectives

The main objective of this Purchasing, Logistics Operations, Inventory & Supply Chain Management course is to empower professionals with—

  • detailed understanding and knowledge various supply chain functions, specifically purchasing, logistics and material management
  • the required skill and understanding to work with advanced supply chain management systems to improve the efficiency and productivity of supply chain operations
  • the necessary confidence and experience to undertake multiple roles in supply chain management, demonstrating potential and securing higher growth opportunities
  • the confidence, experience and knowledge to undertake responsibilities of training and upskilling other professionals in specific supply chain functions
  • the ability to contribute to organisational growth and development through smarter and better operations as well as client satisfaction through superior quality goods
  • the confidence, experience and exposure to effectively manage change in existing systems to smarter and better systems across the various supply chain processes, including automation through supply chain management systems
  • the knowledge and capability to make use of data provided by software applications to enhance operations and mitigate risks

Organisation Benefit

By professionals enrolling for this Purchasing, Logistics Operations, Inventory & Supply Chain Management course, organisations will derive the following benefits:

  • Increased efficiency and productivity of the various supply chain processes because of trained and experienced professionals handling these
  • Application of supply chain management systems for faster and more accurate management of data, goods and services
  • Detailed analyses of data provided by software applications for trend analyses for better decision making
  • Better risk predictions, assessment and mitigation because of detailed analyses of data provided by the software systems
  • Higher client satisfaction because of timely delivery of superior quality goods
  • Organisational growth because of greater credibility and higher client satisfaction
  • Reduced costs and higher profits because of well-managed systems and thoughtful purchase decisions

Who Should Attend

  • Managers and supervisors involved in the various functions of the supply chain, particularly purchasing, logistics and material management
  • Staff involved in performing activities in the various functions of the supply chain
  • Senior management of an organisation responsible for strategic decision making and supervision of the supply chain
  • Quality checkers responsible for checking quality standards of goods and services offered during the supply chain
  • Compliance officers responsible for checking adherence to set standards and benchmarks
  • Members of the information technology teams of organisations responsible for implementing and managing software installed for supply chain operations
  • Any other professional interested in knowing more about supply chain management

Course Outline

The course covers the following areas important to understand supply chain management:

Module 1 – Objectives of Purchasing

  • Value for money
  • Long-term supplier relationships
  • Continuous evaluation of supply chain
  • Information technology system integration

Module 2 – Functions of Purchasing

  • Procuring raw materials and other sources
  • Achieving the best price
  • Paperwork and accounting
  • Compliance with business protocols

Module 3 – Steps in the Purchasing Process

  • Problem identification
  • General need description
  • Product/service specification
  • Potential supplier search
  • Request for proposals
  • Supplier evaluation and selection
  • Establishing credit and order specification
  • Supplier performance review

Module 4 – Types of Purchasing

  • Petty cash
  • Formalised purchase orders
  • Convenient purchase cards
  • Barter for goods and services
  • Bulk purchases
  • On-demand purchasing and zero inventory

Module 5 – Elements of Logistics Management

  • Appropriate vendor selection
  • Routes of transportation
  • Competent delivery method
  • Software and IT-related solutions

Module 6 – Logistics Management Activities

  • Inbound and outbound transportation management
  • Fleet management
  • Warehousing
  • Material handling
  • Order fulfilment
  • Logistics network design
  • Inventory control
  • Supply/demand planning
  • Third-party logistics management

Module 7 – Types of Logistics

  • Supply
  • Distribution
  • Production
  • Reverse

Module 8 – Importance of Logistics Management

  • Meeting customer demand
  • Creating visibility
  • Control over inbound freight
  • Optimal inventory maintenance
  • Organise reverse flow of goods
  • Utilise freight moves on proper transportation modes

Module 9 – Material Management Objectives

  • Continuous material supply
  • Cost reduction
  • Consistency in quality
  • Reduction in inventory investment
  • Cordial supplier relations

Module 10 – Material Management Functions

  • Material planning
  • Material purchase
  • Reducing store keeping and warehousing
  • Controlling inventory
  • Conducting standardisation, simplification and value analysis
  • Scrap and surplus disposal

Module 11 – Material Management Elements

  • Demand estimation
  • Procurement
  • Receipt and inspection
  • Storage
  • Issue and use
  • Maintenance and repair
  • Condemnation
  • Disposal

Module 12 – Benefits of Supply Chain Management Systems

  • Visibility
  • Agility
  • Lower operational costs
  • Ease of use
  • Security

Module 13 – Cloud-Based Supply Chain Management System Components

  • Logistics
  • Product life-cycle management
  • Supply chain planning
  • Procurement
  • Order management
  • Manufacturing
  • Maintenance management

Internet of things (IoT) applications