Advanced Purchasing, Logistics and Stores Management

Poor stock control and bad purchasing decisions can lead to the financial collapse of an organization whilst good stock control and procurement can enhance profitability and ensure long term growth. This workshop explores key concepts forming the basics of strategic purchasing, logistics and more through leading edge issues that confront organizations today

CONTENT:

*Effective Purchasing in Modern Organization

- What is the role of Purchasing?

- Essentials for Effective Purchasing

- Team Roles and Responsibilities

- Concepts and Approaches in Purchasing Management

*Tools for Effective Purchasing

- Spend Mapping

- Supply Positioning

- Supplier Intelligence

- Supplier Selection

- Role of Distributors and Agents

*Understanding what is Logistics

- Definitions of Logistics

- The Interrelations and Connections of

   Buying Supply chain management

Managing and Controlling Operations

- Controlling Operations

- Planning Operations

- Performance Measurement

- Financial Planning

*Stock Control and Warehouse Processes

- Setting order levels

- Stock Rotation & Adjustments

- Meeting Customer orders

- Stock Taking

FOR WHOM:

Stores, Purchasing and Logistics Personnel in the Public and Private Sectors.

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.