BEGIN:VCALENDAR VERSION:2.0 PRODID:-//wp-events-plugin.com//7.2.3.1//EN BEGIN:VEVENT UID:431@x8ti.com DTSTART;TZID=America/Toronto:20261019T090000 DTEND;TZID=America/Toronto:20261023T130000 DTSTAMP:20260227T120425Z URL:https://x8ti.com/event/purchasing-logistics-operations-inventory-suppl y-chain-management-4/ SUMMARY:Purchasing\, Logistics Operations\, Inventory & Supply Chain Manage ment DESCRIPTION:Course Overview\nSupply chain management involves end-to-end ma nagement of various functions/processes in the transformation of raw mater ial into finished products delivered to customers. The purchasing function of the supply chain has evolved into a cost-saving function.\n\nCost-savi ng in this process is achieved through process\, product and supplier rela tionship developments. Purchasing has become a core competency for any org anization. Logistics management helps meet customer expectations through p lanning\, execution and control of movement and storage of goods\, informa tion and services from origin to destination.\n\nMaterial management\, on the other hand\, includes planning\, controlling and directing those activ ities concerned with material and inventory requirements. A supply chain m anagement system includes software solutions that help in managing and ove rseeing the flow of data\, goods and finances from the point of origin to the destination.\n\nThis training course will empower you with detailed kn owledge of all aspects of the supply chain\, thereby building your capabil ities to manage all functions effectively.\n\nFurther\, by undertaking thi s course\, you will be able to effectively work with supply chain manageme nt systems to improve functions and operations across the supply chain\, i n turn increasing your credibility to handle complex functions and process es of the supply chain.\n\nLooking for our best courses for supply chain? Check the list right here on the 10 best supply chain management courses\n Course Objectives\nThe main objective of this Purchasing\, Logistics Opera tions\, Inventory &\; Supply Chain Management course is to empower prof essionals with—\n\n detailed understanding and knowledge various supply chain functions\, specifically purchasing\, logistics and material manage ment\n the required skill and understanding to work with advanced supply chain management systems to improve the efficiency and productivity of sup ply chain operations\n the necessary confidence and experience to underta ke multiple roles in supply chain management\, demonstrating potential and securing higher growth opportunities\n the confidence\, experience and k nowledge to undertake responsibilities of training and upskilling other pr ofessionals in specific supply chain functions\n the ability to contribut e to organizational growth and development through smarter and better oper ations as well as client satisfaction through superior quality goods\n th e confidence\, experience and exposure to effectively manage change in exi sting systems to smarter and better systems across the various supply chai n processes\, including automation through supply chain management systems \n the knowledge and capability to make use of data provided by software applications to enhance operations and mitigate risks\n\nTraining Methodol ogy\nprime importance is laid on relevance of the content to the training audience\, and hence\, each course is thoroughly reviewed before each sess ion to check suitability to the audience. Training is delivered through le ctures by an experienced professional from the relevant domain.\n\nTrainee participation is encouraged through group activities and assignments as w ell as role-plays. Case studies help enhance relevance to the training con tent.\nOrganizational Benefits\nBy professionals enrolling for this Purcha sing\, Logistics Operations\, Inventory &\; Supply Chain Management cou rse\, organizations will derive the following benefits:\n\n Increased eff iciency and productivity of the various supply chain processes because of trained and experienced professionals handling these\n Application of sup ply chain management systems for faster and more accurate management of da ta\, goods and services\n Detailed analyses of data provided by software applications for trend analyses for better decision making\n Better risk predictions\, assessment and mitigation because of detailed analyses of da ta provided by the software systems\n Higher client satisfaction because of timely delivery of superior quality goods\n Organizational growth beca use of greater credibility and higher client satisfaction\n Reduced costs and higher profits because of well-managed systems and thoughtful purchas e decisions\n\nPersonal Benefits\nProfessionals enrolling for this Purchas ing\, Logistics Operations\, Inventory &\; Supply Chain Management cour se will derive the following benefits:\n\n Detailed understanding and kno wledge of various supply chain processes\, mainly purchasing\, logistics a nd material management\n Increased knowledge and experience to work with supply chain management systems to increase efficiency and accuracy of sup ply chain functions\n Enhanced skills and experience to manage multiple f unctions simultaneously\, thus inviting opportunities for higher roles and responsibilities\, contributing to career growth\n Increased knowledge a nd confidence to train other professionals on various supply chain functio ns as well as supply chain management systems\n Greater ability and under standing to conduct trend analyses of the data and information provided th rough the software to make better decisions and mitigate risks\n Greater satisfaction contributing to client satisfaction and organizational growth \n Increased confidence and experience to effectively manage change of ex isting systems to more advanced and better systems of supply chain managem ent\n\nWho Should Attend?\n\n Managers and supervisors involved in the va rious functions of the supply chain\, particularly purchasing\, logistics and material management\n Staff involved in performing activities in the various functions of the supply chain\n Senior management of an organizat ion responsible for strategic decision making and supervision of the suppl y chain\n Quality checkers responsible for checking quality standards of goods and services offered during the supply chain\n Compliance officers responsible for checking adherence to set standards and benchmarks\n Memb ers of the information technology teams of organizations responsible for i mplementing and managing software installed for supply chain operations\n Any other professional interested in knowing more about supply chain mana gement\n\nCourse Outline\nThe course covers the following areas important to understand supply chain management:\nObjectives of Purchasing\n\n Valu e for money\n Long-term supplier relationships\n Continuous evaluation o f supply chain\n Information technology system integration\n\nFunctions o f Purchasing\n\n Procuring raw materials and other sources\n Achieving t he best price\n Paperwork and accounting\n Compliance with business prot ocols\n\nSteps in the Purchasing Process\n\n Problem identification\n Ge neral need description\n Product/service specification\n Potential suppl ier search\n Request for proposals\n Supplier evaluation and selection\n Establishing credit and order specification\n Supplier performance revi ew\n\nTypes of Purchasing\n\n Petty cash\n Formalized purchase orders\n Convenient purchase cards\n Barter for goods and services\n Bulk purcha ses\n On-demand purchasing and zero inventory\n\nElements of Logistics Ma nagement\n\n Appropriate vendor selection\n Routes of transportation\n Competent delivery method\n Software and IT-related solutions\n\nLogistic s Management Activities\n\n Inbound and outbound transportation managemen t\n Fleet management\n Warehousing\n Material handling\n Order fulfill ment\n Logistics network design\n Inventory control\n Supply/demand pla nning\n Third-party logistics management\n\nTypes of Logistics\n\n Suppl y\n Distribution\n Production\n Reverse\n\nTypes of Logistics\n\n Meet ing customer demand\n Creating visibility\n Control over inbound freight \n Optimal inventory maintenance\n Organize reverse flow of goods\n Uti lize freight moves on proper transportation modes\n\nMaterial Management O bjectives\n\n Continuous material supply\n Cost reduction\n Consistency in quality\n Reduction in inventory investment\n Cordial supplier relat ions\n\nFunctions\n\n Material planning\n Material purchase\n Reducing store keeping and warehousing\n Controlling inventory\n Conducting stand ardization\, simplification and value analysis\n Scrap and surplus dispos al\n\n Elements\n\n Demand estimation\n Procurement\n Receipt and insp ection\n Storage\n Issue and use\n Maintenance and repair\n Condemnati on\n Disposal\n\nBenefits of Supply Chain Management Systems\n\n Visibil ity\n Agility\n Lower operational costs\n Ease of use\n Security\n\nCl oud-Based Supply Chain Management System Components\n\n Logistics\n Prod uct life-cycle management\n Supply chain planning\n Procurement\n Order management\n Manufacturing\n Maintenance management\n\n \; ATTACH;FMTTYPE=image/jpeg:https://x8ti.com/wp-content/uploads/2024/09/Scre en-Shot-2024-09-20-at-2.24.36-PM.png CATEGORIES:Procurement, Logistics and Supply Chain Management LOCATION:Boston Training Courses\, Boston Harbor Hotel\, Boston\, USA\, Uni ted States X-APPLE-STRUCTURED-LOCATION;VALUE=URI;X-ADDRESS=Boston Harbor Hotel\, Bosto n\, USA\, United States;X-APPLE-RADIUS=100;X-TITLE=Boston Training Courses :geo:0,0 END:VEVENT BEGIN:VTIMEZONE TZID:America/Toronto X-LIC-LOCATION:America/Toronto BEGIN:DAYLIGHT DTSTART:20260308T030000 TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:EDT END:DAYLIGHT END:VTIMEZONE END:VCALENDAR