Procurement for Supply Chain Management

Module Attributes:

The course has been meticulously designed to deliver maximum information in minimum time. This approach enables students to easily comprehend the core concepts and confidently apply them to diverse real-life scenarios.

Course Curriculum:

This online course is designed with the following modules:

Module 01:
Supply Chain Basics

• Defining Supply Chain Management
• Procurement & Its Strategic Role
• The Evolution of Purchasing
• Reducing Time to Market
• Procurement Summary
• Assessment

Module 02:
Role in an Organisation

• Purchasing and Supply in Different Types of Organisation
• Centralisation & Decentralisation
• Methods of Organising the function
• Departmental Organisation
• Purchasing in the Organisation Structure

Module 03:
The Purchasing Cycle

• The Steps in the Cycle
• Additional Points to Consider
• Identifying a Need
• The Purchase Requisition
• Material Requirements
• Planning Schedule
• Developing a System
• Identifying Suppliers
• Issuing the Purchase Order
• Issuing a Change Order
• Invoice Auditing

Module 04:
Purchasing Toolkits

• Analysing the Price
• General Economic Issues
• Variable-Margin Pricing
• Six Categories of Cost
• Analysing Costs
• Evaluating Suppliers

Module 05:
Managing Competitive Bids

• RFP’s and RFQ’s
• Using Weighted Analysis
• The Halo Effect
• Using a Selection Committee
• Elements of the Analysis
• Creating a Contract
• Ethical Considerations

Module 06:
Quality Management

• Defining Quality
• Quality System
• Specifications
• Defining Specification
• Standardisation
• Quality Assurance & Quality Control
• Tests for Quality Control and Reliability

Module 07:
Supplier Relationship Management

• Defining Supplier Relationship Management
• Collaborative Business Relationships
• Relationship Formation
• Models of Supplier Relationships
• The Termination of Relationships

Module 08:
Analysing and Reducing Risk in the Supply Chain

• Defining Risk Management
• The Risk Management Process
• Internal and External Drivers of Key Risks
• Risk Description
• Risk Estimation
• Risk Identification Techniques
• Risk Analysis Methods and Techniques
• Best Practice of Risk management

Module 09:
Improving Efficiency and Accuracy

• Reason for Evaluating Supplier Performance
• Things to Evaluate
• Quantitative Approaches to Supplier Evaluation
• Service Level Agreement
• The Seven Cs of Effective Supplier Evaluation

Module 10:
Category Management

• Introduction to Category Management
• Categories of Category Management
• Themes of Category Management
• Category Management Risk Profiling
• Corporate Travel
• Capital Investment

Module 11:
Inventory Management

• Introduction
• Provisioning System
• Order Quantities & Stock Control
• Material Requirement Planning (MRP)
• Defining MRP
• The Main Features of an MRP System
• MRP2
• Distribution Resource Planning
• Enterprise Resource Planning
• Lean & Agile Supply

Module 12:
E-Procurement

• E-SCM & E-Procurement
• Electronic Data Interchange (EDI)
• E-Hub, Exchanges, Portals, Marketplace
• E-Catalogue
• E-Auction
• E-Payment

Method of Assessment

• MCQ Based
• Passing Marks 60%
• Instant Assessment and Feedback

Certification:

• QLS Endorsed Certificate
• CPD Accredited (CPD QS) Certificate
• Both PDF & Hardcopy certificates are available