Why Choose this Training Course?
A supply chain encompasses a network of organizations involved in producing value through various processes and activities, from upstream production to downstream delivery to the consumer. This Supply Chain Best Practices training course focuses on integrating business processes across the supply chain at strategic, tactical, and organizational levels. Delegates will gain insights into optimizing these processes to drive efficiency and reduce costs, empowering them to implement effective strategies and achieve significant savings within their organizations.
What are the Goals?
By attending this COPEX training course, delegates will be able to:
- Understand the Process of Supply Chains Within Their Organisations
- Determine the Best Strategy for Inventory Management
- Identify Cost Savings Through Changes to Processes
- Recognise Risk and the Methods to Reduce it
- Understand the Principles of Finance and Cash Flow
Who is this Training Course for?
This COPEX training course is suitable for middle and senior managers who have responsibility for operational areas in the organisation, as well as consultants and professionals who support them. For example:
- Operational Managers
- Financial Managers
- Risk Managers
- Board Level Executives and Non-Executives
Course Outline
Day One: Understanding the Supply Chain
- Supply Chain Definitions
- Supply Chain Models and Types
- Types of process frameworks
- Defining performance gaps
- Customers, competitive advantage and demand
- The Global Supply Chain
Day Two: Unlocking your Cash: Inventory Management and Optimization
- Types of inventory
- Applying procurement strategies that maximize inventory turns
- Speeding the cash-to-cash cycle time
- The financial justification for change
- Supplier relationship management: strategies, approaches and tools
Day Three: A New Paradigm for Outsourcing
- Is your relationship transactional or outcome-based?
- Defining desired outcomes that are measurable
- Developing an effective outsourcing contract
- Designing a pricing model that incentivizes desired behaviours
- Evaluating cost/service trade-offs
Day Four: Identifying Supply Chain Instabilities and Risks
- Internal supply chain risks
- PESTLE and external risks
- Risk management principles
- Evaluation and prioritisation of risks
- Contingency and risk management planning
Day Five: Rethinking the Supply Chain and Improving your Results
- Rationale and approach to performance management
- Identifying, defining, and tracking your metrics
- Incentives and continuous improvement
- Re-engineering supply chains end to end to minimise risk
- Organisation development
The Certificate
- COPEX Certificate of Attendance will be provided to delegates who attend and complete the course
Material published by Copex shown here is copyrighted.
All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.
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Duration:5 days
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Format:Classroom
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Language: English
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Certificate:Yes
