Procurement and Supply Planning

This course will teach how to make purchasing strategies ,MRP, forecast, inventory policies and techniques to minimize supply costs.

Haytham Omar

Business | core | 13 hours | Published: Aug 2021

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Overview

1.3KSTUDENTS^*

95%RECOMMEND^*

This course includes:

13+ hours of on-demand video
15 modules
Core level
Direct access/chat with the instructor
100% self-paced online
Many downloadable resources
Shareable certificate of completion

Welcome to Procurement & supply planning tools and techniques. In this course, we will learn  :

How to do forecasting for purchasing and procurement purposes?
What are the strategies we use for negotiation with suppliers.
How to do make or buy decisions?
How to count for safety stock when buying finished products, materials, and components?
How to segment suppliers to maximize cost?
The difference between bidding strategies and when to choose each one of them.
The types of Contracts and when to choose one of them.
How to mitigate risk when sourcing

The course combines analytics and theory. during which, you will have a supply planning journey where you will be responsible for forecasting, planning for production, and Material requirement planning. 

Skills You Will Gain

Forecast

Inventory

Logistics

MRP

Supply chain

Learning Outcomes (At The End Of This Program, You Will Be Able To...)

Tools and techniques for your procurement journey!
Know the different kind of organizational purchases and the right inventory planning tools for them.
Master the forecasting of demand for supply planning
Excel in negotiation strategies as a procurement professional
How to segment your suppliers and negotiate with them accordingly.
Know the delivery terms used in Contracts and purchase orders
Know the different payment terms used in Contracts.
Use Make or Buy tools to make Purchasing decisions.
Understand the terms and conditions in Contracts.
Know the steps of the Tender Process.
How to evaluate suppliers and your assets turnover.
Use MPS and MRP to plan for the quantity and time of issuing orders for material and components.
The inventory techniques the procurement professional should know.

Prerequisites

Motivation to learn more on procurement and supply chain.

Who Should Attend

Supply chain professionals
Procurement professionals
Forecasting and inventory practitioners
Logistics professionals

Curriculum

Instructors

^*Where courses have been offered multiple times, the “# Students” includes all students who have enrolled. The “%Recommended” shown is also based on this data.