Overview :
- Supply chain management and logistics encompasses all the activities involved ingesting products to consumers including planning, storing, moving, and accounting for inventory. Inventory availability is the most important aspect of customer service, and the cost of inventory is one of the most important entries on a company’s balance sheet. Learn to minimize inventory through understanding your customer’s needs.
- High quality contract development and management tools are essential activities in achieving improved levels of performance for all Procurement and Supply Management practitioners
- This workshop is designed to increase the contracting preparation and execution competencies of practitioners focusing on contractual terms, types, and structure. Learn to drive cost savings and mitigate supplier risk through contracting activities. This course is perfect for practitioners responsible for acquisition of materials, labor, equipment and/or professional services.
The Learning Journey :
- Describe the objectives of supply chain management (stock control, purchasing, stores and physical distribution) and explain how they relate to each other
- Categorize stock items based on the classification models
- Calculate future demand for different stock items
- Apply the purchasing processes
- Identify best practices in warehouses to maintain accurate inventory records
- List the various transportation functions and costs
