Logistics, Supply Chain and Purchasing Management

Logistics, Supply Chain and Purchasing Management

Non-returnable
$2,395.00
LEARNING OBJECTIVES: Upon completion of this course, students will know: • Discuss the importance of internal and external relationships in managing suppliers and developing a sourcing strategy • Manage and continuously improve supplier performance • Determine the effects of e-procurement on supply management • Identify and manage supply risk, measure performance, and overcome organizational barriers to supply chain excellence • Define supply chain management and understand its strategic role in organizations that source goods and services • Explain the goals of effective supply chain management and procurement • Analyze how organizations in a supply chain communicate and manage relationships • Explain the supplier appraisal process and understand its role in supply chain management • Formulate strategies for mitigating supply chain risk, and discuss the events that can create disruption in the supply chain • Assess the major trends and issues shaping supply chain management today • Recognize the uses and functions of budgeting • Recognize the key activities, considerations, and benefits of strategic organizational planning • Recognize the purpose and make-up of a master budget • Identify the components and calculations used to create a master budget and recognize uses for this information • Identify the components and purpose of an operating budget • Recognize how sales, production, and cost of goods sold budgets are created and perform related calculations • Recognize the purpose of cash budgets and how they are prepared • Understand and analyze the various logistic information management systems. • Explain how to manage and measure logistics performance • Define inventory and understand how to track and value inventory DESCRIPTION: This assessment-rich supply chain management program is specifically designed for people who have zero experience in supplychain management. Therefore, this course will help you acquire the necessary skills and knowledge to secure entry-level positions in supply chain and purchasing management. Throughout the program, you’ll have access to various assessment elements like quizzes and other activities. These elements will help improve retention and make you even more ready for your next job. There’s a lot to learn in this program. Here’s an overview of the curriculum. You, the student, will learn about the: • Fundamentals of supply chain management, contracting, and purchasing • Fundamentals of the purchasing process, which includes purchasing organization and efficiency • Aspects of the supply chain environment • Role of technology in the supply chain process • Relationships among purchasing, supply sourcing, and vendor selection • Basics of the budgeting process • Process of preparing and managing a budget • Various parts of the contracting process • Various parts of the procurement process • Techniques used to evaluate pricing and costing Working in supply chain management requires a lot of knowledge and skills. Therefore, this course incorporates various interactive learning elements like activities, flashcards, and much more to give you that edge when you look for an employment position in this field. CERTIFICATION: To be certified as a Certified Purchasing & Procurement Professional (CPPP), students should take up a 4 hour exam at the designated examination centers. The exam would consist of 80 multiple choice questions. Certification Modules: Module 1: Introduction to Purchasing and Supply Management 1: Purchasing and Supply Management 2: Purchasing Decisions and Business Strategy 3: The Legal Aspects of Purchasing Module 2: Materials Management 1: Materials Management 2: Inventory Management 3: Just-In-Time (Lean) Purchasing 4: Purchasing Procedures, E-Purchasing, and Systems Contracting Module 3: Fundamentals of Purchasing and Supply Management 1: Supplier Selection and Evaluation 2: Global Sourcing 3: Purchasing, Supply Partnerships, and Supply Chain Power 4: Total Quality Management (TQM) and Purchasing Module 4: Price/Cost Analysis and Negotiation Strategies 1: Price Determination 2: Bargaining and Negotiations Module 5: Special Purchasing Application 1: Purchasing Transportation Services 2: Equipment Acquisition and Disposal 3: Healthcare Purchasing and Supply Management 4: Procuring Professional Services Each state may have additional licensing requirements, be sure to research your states requirements for employment by visiting your states occupation board.
INFORMATION
General Topics That Keep Your Company Running
HOURS
180
DURATION (time given)
12 months
AVERAGE COMPLETION TIME
6 Months
SYLLABUS
Module 1: Logistics and Distribution Management This module explores the fundamental concepts and ideas of logistics and distribution management. It delves into the various logistics information management systems, analyzes their financial aspects and technological influences, and explains how to manage and measure their performance. This module is divided into lessons that explain logistics management, inventory management, and warehousing and distribution. Throughout these lessons, participants will review and distinguish between inbound logistics, outbound logistics, reverse logistics, and third-party logistics; explore the tools and techniques for tracking and valuing inventory, including ABC analysis; and learn the functions of packaging and methods for transporting goods through simple and complex distribution channels. • Understand and analyze the various logistic information management systems • Explain how to manage and measure logistics performance • Define inventory and understand how to track and value inventory • Demonstrate how to classify inventory using ABC analysis • Explain the layout and operations of a warehouse or distribution center • Understand the functions of packaging, the various modes of transportation, and both simple and complex distribution channels Module 2: Procurement and Supply Management This module explains the evolution from the transactional purchasing or procurement function into the strategic process of supply management. It introduces key concepts and ideas that can be used to successfully source and manage suppliers and to deal with issues that may arise across the supply chain. The module is divided into lessons that explain supply management basics; describe strategic, ethical, and sustainable sourcing; and discuss supply chain leadership and integration. Participants will explore supply management from several viewpoints; align sourcing, communication, and management strategies; and incorporate ethical and sustainable practices into the supply chain. Trends and changes to the profession due to the Internet and emerging technologies are also discussed. • Discuss the importance of internal and external relationships in managing suppliers and developing a sourcing strategy • Articulate ways to enhance communication across the supply chain • Manage and continuously improve supplier performance • Determine the effects of e-procurement on supply management • Identify and manage supply risk, measure performance, and overcome organizational barriers to supply • Understand the need for leadership and diversity within the supply chain Module 3: Supply Chain Management Basics As a supply chain grows in complexity, and companies increasingly source products and services from a more diverse and global set of suppliers, the job of managing the processes that ensure the steady and reliable flow of components and inputs has never been more difficult. This module introduces the core concepts and components of supply chain management, including supplier evaluation, logistics, inventory management, and other supply chain practices. • Define supply chain management and understand its strategic role in organizations that source goods • Explain the goals of effective supply chain management and procurement • Analyze how organizations in a supply chain communicate and manage relationships • Explain the supplier appraisal process and understand its role in supply chain management • Formulate strategies for mitigating supply chain risk, and discuss the events that can create disruption in the supply chain • Assess the major trends and issues shaping supply chain management today Module 4: Understanding and Managing Budgets A budget is a detail of expenses and incomes for a set period of time. This module covers budgets and how they are used in organizational settings including the uses and functions of master budgets, operating budgets, sales, production, and cost of goods sold budgets, and cash budgets. You will also learn about the budgeting process, and how organizations are using different budgeting techniques to overcome operating challenges. • Recognize the uses and functions of budgeting • Recognize the key activities, considerations, and benefits of strategic organizational planning • Recognize the purpose and make-up of a master budget • Identify the components and calculations used to create a master budget and recognize uses for this information • Identify the components and purpose of an operating budget • Recognize how sales, production, and cost of goods sold budgets are created and perform related calculations • Recognize the purpose of cash budgets and how they are prepared • Identify ways the budget process can be managed for optimal results and recognize the benefits and limitations of the management-by-objective system
Quantity
Add to Cart
Product Details
Added to cart
- There was an error adding to cart. Please try again.
Quantity updated
- An error occurred. Please try again later.
Deleted from cart
- Can't delete this product from the cart at the moment. Please try again later.