{"id":1582,"date":"2024-09-30T20:30:03","date_gmt":"2024-09-30T20:30:03","guid":{"rendered":"https:\/\/eiecentre.com\/Excellence\/?post_type=courses&#038;p=1582"},"modified":"2024-10-04T16:14:45","modified_gmt":"2024-10-04T16:14:45","slug":"procurement-and-supply-chain-management-best-practices-conference","status":"publish","type":"courses","link":"https:\/\/eiecentre.com\/Excellence\/courses\/procurement-and-supply-chain-management-best-practices-conference\/","title":{"rendered":"Procurement and Supply Chain Management Best Practices Conference"},"content":{"rendered":"<p><span data-preserver-spaces=\"true\">Developing and implementing carefully crafted strategies for acquiring all materials, goods, equipment, and services have become a critical issue in all organizations wishing to reduce operating costs while improving quality and productivity.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">This procurement and supply chain management best practices program explores vital concepts forming the basis of procurement and supply chain management. It moves through leading-edge issues that confront organizations today.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Discover upcoming leading-edge insights into the procurement and supply chain management best practices conference. Explore what procurement best practices entail, delve into procurement and supply chain management best practices, and unlock the secrets of best practices in supply chain management.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Elevate your procurement and supply chain management certification expertise and gain a comprehensive introduction to procurement and supply chain management principles. Understand the essence of procurement management and project procurement management best practices while mastering quality management in supply chain management to uncover the significance of procurement management and embark on the journey toward the best procurement and supply chain certification available.<\/span><\/p>\n<h3><strong><span data-preserver-spaces=\"true\">What Is Procurement and Supply Chain Management All About?<\/span><\/strong><\/h3>\n<p><span data-preserver-spaces=\"true\">A robust procurement and supply chain mechanism is at the core of every successful business. Procurement management best practices involve strategically optimizing an organization&#8217;s purchasing activities, ensuring quality materials and services are obtained at the lowest possible cost. Equally, supply chain management best practices encompass the efficient coordination of end-to-end processes from the point of origin to the delivery of the finished product to the consumer.<\/span><\/p>\n<h2><\/h2>\n<h2><span data-preserver-spaces=\"true\">Conference Objectives<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">At the end of this procurement and supply chain management best practices conference, participants will be able to:<\/span><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">Achieve a thorough understanding of procurement best practices.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Establish the mission, vision, and knowledge needed to successfully implement the processes and methods required to reach world-class performance.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Provide an overview of the key drivers involved when viewing supply chains from a logistics\/demand point of view.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Explain what procurement and supply chain management are fundamentally about.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Review the meaning of strategic procurement.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Give examples of best practices in procurement and the supply chain.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Review how to obtain the best pricing.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Understand how to develop spend analysis.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Develop a functional and cross-functional view of the supply chain.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">See that better working with all of the supply chain players pays.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Consider Key Performance Indicators (KPIs).<\/span><\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\">Targeted Competencies<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">By the end of this procurement and supply chain management best practices conference, the target competencies will be able to:<\/span><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">Understand the ability to deliver real value in a shorter time.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Reduce the number of non-value-adding activities.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Improve relations between personnel, customers, and suppliers.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Reduce the total cost of ownership.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Improve supplier performance.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Analysis skills.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Evaluation.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Improvement.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Change-making.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Risk Management.<\/span><\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\">Conference Content<\/span><\/h2>\n<h3><strong><span data-preserver-spaces=\"true\">Unit 1: Procurement as a Dynamic, Interactive System<\/span><\/strong><\/h3>\n<ul>\n<li><span data-preserver-spaces=\"true\">Understand the system approach vs. the traditional functional approach.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">What is the goal of procurement?<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Developing the Strategic Procurement Plan.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Overview of the procurement process.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Learn about procurement as part of the supply chain.<\/span><\/li>\n<\/ul>\n<h3><strong><span data-preserver-spaces=\"true\">Unit 2: Developing the Strategic Procurement Decisions<\/span><\/strong><\/h3>\n<ul>\n<li><span data-preserver-spaces=\"true\">Make\/buy decisions.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Vertical integration.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Alliances and partnerships.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Inter-company trade.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Reciprocity and countertrade.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Supplier strategy.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">The coordination strategy.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">The Purchasing Organization.<\/span><\/li>\n<\/ul>\n<h3><strong><span data-preserver-spaces=\"true\">Unit 3: Implementing The Tactical Procurement Decisions<\/span><\/strong><\/h3>\n<ul>\n<li><span data-preserver-spaces=\"true\">Supplier involvement.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Value analysis.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Quality Assurance.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Supplier selection.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Supplier rating and ranking.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Contract management.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">IT systems and e-procurement.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Policies and procedures.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Staffing the Procurement Department.<\/span><\/li>\n<\/ul>\n<h3><strong><span data-preserver-spaces=\"true\">Unit 4: Dealing with Operational Procurement Decisions<\/span><\/strong><\/h3>\n<ul>\n<li><span data-preserver-spaces=\"true\">Select the most appropriate ordering process.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Address quality issues.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Follow-up.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Overdue orders.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Expedite.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">The payment process.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Reducing the cost of procurement: small-value purchase orders.<\/span><\/li>\n<\/ul>\n<h3><strong><span data-preserver-spaces=\"true\">Unit 5: Contingency Procurement Decisions<\/span><\/strong><\/h3>\n<ul>\n<li><span data-preserver-spaces=\"true\">The different contingency situations.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Contingency management.<\/span><\/li>\n<\/ul>\n<h3><strong><span data-preserver-spaces=\"true\">Unit 6: Procurement Performance Measurement<\/span><\/strong><\/h3>\n<ul>\n<li><span data-preserver-spaces=\"true\">Spend analysis.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Total cost of ownership.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Supplier performance measurement.<\/span><\/li>\n<\/ul>\n<h3><strong><span data-preserver-spaces=\"true\">Unit 7: Understanding What Logistics and the Supply Chain Are About<\/span><\/strong><\/h3>\n<ul>\n<li><span data-preserver-spaces=\"true\">Understand definitions of logistics and supply chain management.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Overview of the interrelations and connections of buying, making, moving, and selling activities.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">History and development.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Understand the supply chain dynamics.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Supply Chain Operations Reference Models (SCOR).<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">The Theory of Constraints (TOC).<\/span><\/li>\n<\/ul>\n<h3><strong><span data-preserver-spaces=\"true\">Unit 8: Key Aspects and Rules of Supply Chain Management<\/span><\/strong><\/h3>\n<ul>\n<li><span data-preserver-spaces=\"true\">The cost\/service balance.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Customer service principles.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Internal organizational structures.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Inventory principles.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Lead times throughout the supply chain.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Add value.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Production options\/changes.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Trade-off opportunities.<\/span><\/li>\n<\/ul>\n<h3><strong><span data-preserver-spaces=\"true\">Unit 9: The Benefits of Adopting a Supply Chain Approach And Appreciating The Changes Needed To Traditional Ways<\/span><\/strong><\/h3>\n<ul>\n<li><span data-preserver-spaces=\"true\">Understand the sub-functional conflicts.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Benefits within and between functions.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Take a supply-chain view of total acquisition costs.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Accepting that competitive advantage comes from the Supply Chain.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Look at demand amplification and the Forester effect.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Appreciate the impact of uncertainty and unresponsiveness.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">See how we currently manage the supply chain.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Changing the way we manage the Supply Chain for greater effectiveness.<\/span><\/li>\n<\/ul>\n<h3><strong><span data-preserver-spaces=\"true\">Unit 10: Strategic Approaches And Impacts To Supplier\/Customer Relationships<\/span><\/strong><\/h3>\n<ul>\n<li><span data-preserver-spaces=\"true\">Learn about practical effects on lot sizes\/order quantities.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Reduce costs.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Share developments and collaborate.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Eliminate internal and external barriers.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Interface versus integration relationships.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Segmentation and product formatting.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Understand business strategies and the supply chain.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Supply chain planning.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Gain competitive advantage.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Consider outsourcing.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Use postponement and consolidation logistics.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Examine demand planning.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Approaches of Quick Response (QR), Vendor Managed Inventory (VMI), and Collaborative Planning and Forecast Requirements (CPFR).<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">The lean supply chain.<\/span><\/li>\n<\/ul>\n<h3><strong><span data-preserver-spaces=\"true\">Unit 11: Making Supply Chain Improvements and Implementing a Logistics\/Supply Chain Management Approach<\/span><\/strong><\/h3>\n<ul>\n<li><span data-preserver-spaces=\"true\">Manufacturing and retailer case studies.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Overview of the major lessons and critical aspects from experience.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Oil and Gas in the UK experiences.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Learn about critical questions to be answered.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Understand the changes needed with suppliers and customers.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Understand the changes needed to internal organization and management practices.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Potential action is needed.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Do nothing in the future with lessons from experience.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Guard against futures of higher stock levels and competition gains.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Break down traditional silo\/closed management.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Learn about the five-step approach to logistics and supplier development.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">The Supply Chain Rules (Encore).<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Learn the rules to gain a competitive advantage from effective supply chain management.<\/span><\/li>\n<\/ul>\n<p><a class=\"course-btn\" href=\"https:\/\/eiecentre.com\/Excellence\/en\/fill-form\/\"> Enroll Now <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Developing and implementing carefully crafted strategies for acquiring all materials, goods, equipment, and services have become a critical issue in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1584,"template":"","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center 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center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}}},"course-category":[172],"course-tag":[],"class_list":["post-1582","courses","type-courses","status-publish","has-post-thumbnail","hentry","course-category-the-best-professional-conferences-workshops-and-seminars"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Procurement and Supply Chain Management Best Practices Conference - Excellence<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/eiecentre.com\/Excellence\/courses\/procurement-and-supply-chain-management-best-practices-conference\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" 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