Effective Procurement and Supply Chain Management as per CIPS - The Chartered Institute of Purchasing and Supply

Course Info

Length: 1 Week

Type: Online

Available Dates

Fees

  • Dec-09-2024

    1,790

  • Jan-27-2025

    1,790

  • Feb-24-2025

    1,790

  • Mar-31-2025

    1,790

  • Apr-28-2025

    1,790

  • May-26-2025

    1,790

  • June-23-2025

    1,790

  • July-28-2025

    1,790

  • Aug-25-2025

    1,790

  • Sep-22-2025

    1,790

  • Oct-27-2025

    1,790

  • Nov-24-2025

    1,790

  • Dec-22-2025

    1,790

Course Details

Course Outline

5 days course

Introduction to Procurement and Supply Chain Management

  • Overview of Procurement and Supply Chain Management: Definitions, differences, and interlinkages.
  • Importance of procurement and supply chain management in business.
  • Understanding the Procurement Cycle: From identifying needs to final payment.
  • Introduction to Supply Chain Management: From sourcing raw materials to delivering final products.

Strategic Procurement

  • Developing a procurement strategy: Aligning procurement with organizational objectives.
  • Supplier selection and management: Criteria, negotiation, and relationship management.
  • Risk Management in Procurement: Identifying, assessing, and mitigating risks.
  • Category management: Strategies for effective category management.

 

Operational Efficiency in Supply Chain

  • Understanding and implementing Lean Supply Chain principles.
  • The role of technology in enhancing supply chain efficiency: ERP systems, AI, and IoT.
  • Inventory management: Techniques for effective inventory control.
  • Quality Management in the Supply Chain: Ensuring product quality and customer satisfaction.

Ethical and Sustainable Procurement

  • Understanding ethical procurement: Fair trade, labor rights, and anti-corruption practices.
  • The role of procurement in sustainability: Green procurement strategies.
  • Implementing ethical and sustainable procurement practices: Challenges and solutions.
  • Regulatory compliance in procurement: Understanding relevant laws and regulations.

Future Trends in Procurement and Supply Chain Management

  • Impact of globalization on procurement and supply chain management.
  • Exploring the potential of emerging technologies: Blockchain, AI, and automation.
  • The future of procurement and supply chain management: Predictions and preparations.
  • Skills for the future: Essential skills for procurement and supply chain professionals in the digital age.

Course Video