PROFESSIONAL EXECUTIVE DIPLOMA IN PURCHASING, SUPPLY AND LOGISTICS MANAGEMENT

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EXECUTIVE PROFESSIONAL DIPLOMA IN PURCHASING, SUPPLY AND LOGISTICS CHAIN MANAGEMENT LEARNING OBJECTIVES AND COURSE CONTENT

 

After studying in the Business Administration – Purchasing, Supply and Logistics Management program, you will be able to offer employers specialized skills related to supply chain, purchasing, logistics and inventory control management.

  1. Understand the purchasing function’s contribution to profitability.

  2. Identify the relationship between the purchasing function and other functional areas of management.

  3. Explore the basic historical development of the purchasing function.

  4. Understand the evolution of the basic supply management concept.

  5. Differentiate between purchasing, supply management, and supply chain management.

  6. Understand the relationship between the purchasing function and inventory, ordering, and transportation costs.

  7. Discuss the advantages and disadvantages of centralized purchasing organizational designs.

  8. Identify various purchasing organizational designs.

  9. Learn about careers in purchasing.

  10. Be able to stand independently as a professional consultant in purchasing, supply and logistics management, offering the knowledge gained from this course to clients.

 

COURSE CONTENT

Week 1

  • Course syllabus

  • Learning objective

Week 2

  • Introduction

  • Definitions

Week 3

  • Purchasing managers, buyers and purchasing agents

  • Purchasing and supply chain management

  • The evolution of purchasing and supply management function

  • Integrative material management

  • Purchasing dollar responsibility

Week 4

  • Introduction to purchasing and supply chain management

  • Calculation of potential profit

Week 5

  • Integrated supply management (ISM)

Week 6

  • Annual inventory – ordering – transportation cost

Week 7

  • Organizing for purchasing

  • Centralized versus decentralized purchasing

  • Advantages of centralized purchasing

  • Disadvantages of centralized purchasing

  • Advantages of decentralized purchasing

  • Disadvantages of decentralized purchasing

Week 8

  • Centralized – decentralized hybrid purchasing system

  • The future organization concept

  • Reporting assignment

Week 9

  • The supply management concept

Week 10

  • Institute of supply management (ISM) salary survey

  • Career in purchasing

  • Supply chain manager other functions

  • Institute of supply management excellence award

Week 11

  • Professionalism in purchasing and supply management

Week 12

  • Strategic purchasing

  • Formal socialization process

  • Supply integration

  • Supply base flexibility

Week 13

  • Collaborative advantage and relational rents

  • E-procurement and the purchasing process

Week 14

  • Logistics

  • What is logistics and supply chain management

  • Definitions

  • What is logistics management

  • What is transport logistics

  • Is logistics the same as supply chain management

  • Logistics operation in supply chain network

Week 15

  • Spare parts logistics

Week 16

  • Contract logistics – key block in supply chain management

Week 17

  • Role of freight forwarding and logistics supply chain management

  • 3PL contract logistics operations

Week 18

  • Finished goods supply chain operations

  • Contract logistics RFQ process

  • Contract period and extensions

Week 19

  • Vendor managed inventory – a collaborative supply chain concept

  • Documentation – a control mechanism of supply chain logistics

Week 20

  • Warehouse management system

  • Physical infrastructure

  • IT systems

  • Selecting 3PL service provider for warehouse management

  • Size of company, structure and responsiveness

  • Technical and operational competency of vendor

  • Service provider interest and attitude towards your business proposal

  • Service provider capacity evaluation

Week 21

  • Internal planning for effective operation in warehousing projects

  • Defining project scope and responsibilities

  • Warehouse design concept

  • Warehouse location, layout and building

  • Types of storage

  • Racking design and material handling equipment

  • Warehouse operational efficiency contributing factors

  • The people (HRM)

  • Work force quality, job structure

Week 22

  • Warehouse operational efficiency and inventory health

  • Physical inventory

  • System inventory

  • Inventory audit

  • Contract logistics and warehousing – pricing and costing mechanism

  • Storage space pricing

  • Contract logistics pricing methods

  • Types of pricing models in contract logistics

  • Contract logistics cost model

Week 23

  • Contract logistics solution design documents

  • Inventory migration – meaning its need and its importance

  • Inventory migration scope

Week 24

  • Warranty management – meaning and its components

  • What is a warranty

  • Important components of warranty management system

  • Warranty management and claims processing systems

  • Parts procurement and logistics

Week 25

  • Supply chain network and technology

  • Flow of information and cargo in a supply chain network

  • Supply chain network design and contributing factors

  • Manufacturing methodology

Week 26

  • Customs clearance – meaning, scope and documentation

  • Imports and customs clearance

Week 27

  • E-commerce and internet enabled supply chain

  • Sourcing strategies and procurement processes

  • Procurement functions

  • Procurement process and sourcing strategies

Week 28

  • Supply chain management – problems and roadblocks

  • Project scale and span of control

  • Technology

  • Cost of technology absorption

  • Internal and external resource capabilities.

GOOD LUCK