EXECUTIVE PROFESSIONAL DIPLOMA IN PURCHASING, SUPPLY AND LOGISTICS CHAIN MANAGEMENT COURSE CONTENT AND LEARNING OBJECTIVES
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.
- Understand the purchasing function’s contribution to profitability.
- Identify the relationship between the purchasing function and other functional areas of management.
- Explore the basic historical development of the purchasing function.
- Understand the evolution of the basic supply management concept.
- Differentiate between purchasing, supply management, and supply chain management.
- Understand the relationship between the purchasing function and inventory, ordering, and transportation costs.
- Discuss the advantages and disadvantages of centralized purchasing organizational designs.
- Identify various purchasing organizational designs.
- Learn about careers in purchasing.
- 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
