Supply Strategy For Competitiveness Audience: General Managers, Purchasing/procurement Managers, Operations Managers, Logistics/transportation Managers, Inventory Managers, who work in various decision making capacity to improve the firms’ profit by reducing costs, improving quality, improving delivery speed, improve flexibility (variety), and improve customer service. Objectives: By the end of this training program, each participant will be able: To understand the critical elements involved in supply chain management, To understand the roles that the purchasing function, logistics function, and inventory managers have in improving the firm profit To acquire the relevant skills: to implement the state-of-the art purchasing strategies, logistics strategies, and inventory best practices, To acquire the relevant skill practice how to select, evaluate, and develop close relationships with suppliers, logistics service providers, To understand the outsourcing strategy Course Outline: What is Supply Chain Management (SCM)? Definitions and SCM key concepts Why SCM have become strategically critical SCM importance SCM complexity SCM challenges SCM conflicting objectives SCM new challenges, Exercise The SC Manager Skills Leadership Communication Skills Conflict Resolution Skills Team building Measuring performance The Purchasing Managers Types of purchasing Sourcing-related activities Distinguish the purchasing cost, total cost of ownership, and purchasing cost ratio to the sales Transition to SCM Designing a relationship with cooperation and trust How to evaluate and select suppliers? Supplier performance measurement matrix Exercises – Supplier evaluation 7 Total costs of ownerships The Sourcing-Activity Access to external markets Supplier development and relationship management Supplier selection and evaluation Purchasing cost management Quality management Supply Risk Purchasing research & planning Exercise – Developing a WBS for a project Interface Between Purchasing, Marketing, and Logistic Inventory Management Types of inventory Function of inventory Managing dependent and independent inventory Inventory costs Purpose of inventory Objectives of inventory Inventory control techniques Logistics Management The role of logistics in SCM The importance of logistics Logistics -- traditional view Logistics – integrated view Logistics Key activities Logistics Organization Logistics strategy o Lean logistics o Agile logistics Logistics Outsourcing Third Party Logistics (3PLs) service providers Benefits of outsourcing to 3PLS Challenges of outsourcing to 3PLS Techniques in managing resources, and refining the project plan o Resource Leveling o Resource Smoothing o Project Crashing Warehousing Management Discuss the strategic value-adding role warehousing plays in the logistics system Explain the basic rational for warehousing in light of transportation consolidation Monitoring Develop an analytical framework for basic warehousing decisions, Distinguish between the different warehouse activities requiring space in the warehouse design, Introduce the major principles of warehouse layout design Compare the use of private versus public warehousing, Discuss public warehousing services, regulation, and pricing, Exercise on analytical framework