Unlocking Supply Chain Value: A Masterclass in Procurement and Logistics

Whether you're a seasoned procurement professional seeking the latest best practices or looking to expand your supply chain skillset, this masterclass is your key to unlocking greater value and efficiency.

This program is perfect for:

• Procurement specialists: Sharpen your skills and stay ahead of industry trends.
• Logistics professionals: Gain a deeper understanding of procurement's role in optimizing the supply chain.
• Supply chain managers: Develop a holistic view of supply chain operations and drive cross-functional collaboration.
• Anyone seeking to enter the exciting field of procurement and logistics: Build a strong foundation for a successful career.

What sets this Masterclass apart:

• Expert-led instruction: Learn from renowned procurement and logistics leaders with decades of experience.
• Practical focus: Gain actionable strategies and tools you can immediately apply in your workplace.
• Comprehensive curriculum: Covering everything from strategic sourcing and vendor management to sustainable practices and legal compliance.
• Real-world case studies: Analyze successes and failures to sharpen your decision-making skills.

Module 1: Introduction to Procurement and Logistics Management

• Overview of Procurement and Logistics: We'll kick things off by exploring the core functions of procurement (sourcing, purchasing, etc.) and logistics (transportation, warehousing, etc.), highlighting how they work together seamlessly. We'll examine real-world examples of successful procurement and logistics operations in action, demonstrating their impact on businesses of all sizes.
• Role in the Business Structure: Understand how procurement and logistics departments fit within the larger organizational structure. We'll analyze different organizational models and discuss how procurement and logistics contribute to overall business objectives, such as cost reduction, efficiency, and customer satisfaction.
• Key Terms and Concepts: Master the essential vocabulary of procurement and logistics. We'll break down complex terminology into easily understandable concepts, ensuring you can confidently communicate with colleagues and stakeholders. Interactive exercises and quizzes will reinforce your understanding.

Module 2: Procurement Processes and Strategies

• Procurement Lifecycle: Gain a deep understanding of the complete procurement lifecycle, from identifying needs and sourcing suppliers to negotiating contracts and managing supplier performance. We'll use flowcharts, real-world examples, and interactive exercises to illustrate each stage.
• Sourcing Strategies: Explore a range of sourcing strategies, from competitive bidding and online auctions to strategic partnerships and long-term contracts. Learn how to select the most effective sourcing method based on your specific needs and market conditions.
• Vendor Management: Develop effective vendor management skills, including supplier selection, performance evaluation, and relationship building. We'll provide practical tools and techniques for negotiating with suppliers, resolving disputes, and building long-term, mutually beneficial partnerships.

Module 3: Logistics Operations and Optimization

• Fundamentals of Logistics Management: Master the core principles of logistics, including transportation, warehousing, inventory management, and order fulfillment. We'll examine the flow of goods through the supply chain and discuss key performance indicators (KPIs) for measuring logistics effectiveness.
• Transportation and Distribution: Dive into the world of transportation and distribution, exploring different modes of transport (road, rail, sea, air), routing optimization, and last-mile delivery strategies. We'll also discuss the role of technology in transportation management.
• Inventory Management: Learn how to optimize inventory levels to minimize costs while ensuring product availability. We'll cover inventory control techniques, demand forecasting, and warehouse management best practices.

Module 4: Supply Chain Management and Sustainability

• Supply Chain Coordination: Discover how to effectively coordinate activities across the entire supply chain, from raw materials to finished goods. We'll explore the importance of communication, collaboration, and information sharing among supply chain partners.
• Sustainable Practices: Examine the environmental and social impacts of supply chain operations. Learn how to implement sustainable procurement practices, reduce waste, and promote ethical sourcing throughout your supply chain.
• Impact on Global Trade: Understand the complexities of global trade and its impact on procurement and logistics. We'll discuss international trade agreements, customs regulations, and the challenges of managing global supply chains.

Module 5: Legal and Ethical Issues in Procurement and Logistics

• Compliance and Regulations: Navigate the legal and regulatory landscape of procurement and logistics. We'll cover key legislation, such as contract law, anti-corruption laws, and environmental regulations.
• Ethical Sourcing: Learn how to promote ethical and responsible sourcing practices, including fair labor standards, human rights, and environmental protection. We'll discuss ethical sourcing certifications and codes of conduct.
• Contract Management: Master the art of contract negotiation, drafting, and management. We'll provide practical guidance on developing clear and enforceable contracts that protect your organization's interests.

Module 6: Case Studies and Best Practices

• Analysis of Real-world Scenarios: Examine real-world case studies to see how procurement and logistics principles are applied in practice. We'll analyze successful and unsuccessful scenarios to learn from past experiences and improve decision-making.
• Lessons Learned: Extract key lessons and best practices from industry experts and leading organizations. We'll share insights on how to overcome common challenges, optimize processes, and achieve procurement and logistics excellence.
• Application of Theory to Practice: Bridge the gap between theory and practice through interactive exercises, simulations, and group discussions. You'll have the opportunity to apply your knowledge to real-world situations and develop practical solutions.

Date: 21 and 22 November 2024 (from 9:00 am to 4:00 pm)

Venue:  Henessy Park Hotel, Ebene