Restructuring Supply Chains
- Course focuses on sourcing strategies, spend analysis, supplier positioning, and performance improvement.
- Aims to restructure supply chains for maximum value to the buyer's organization.
- Designed for senior practitioners and teams looking for innovative supply chain management approaches.
- Covers topics like market dynamics, project management, and negotiating with suppliers.
- Emphasizes understanding current performance levels and benchmarking against international standards.
Overview
This one-day course focuses on innovative approaches to supply chain management. Participants will learn how to develop effective sourcing strategies, analyze spend data, position supplies in markets, and prioritize improvement opportunities. The course aims to provide a view of restructuring supply chains to maximize value for the buyer's organization. Senior practitioners and their teams looking for insights and ideas in supply chain management are encouraged to attend.
Who should attend
Senior Practitioners
Course Content
Course duration: 1 Day
Course running order
Developing your sourcing strategies
How to become a market managing function
Purchasing as managers of the inbound value chain
Cost down and cost out or buying for value?
Setting up the project
Resourcing the project
Managing the project
Understanding and analysing spend and supplier data
Breaking down spend into your spend categories
Aligning spend categories to customers
Commodities and specials
Positioning your supplies in their markets and selecting appropriate sourcing approaches
Understanding market dynamics
Using market research
Buying external information
Interpreting markets and supplier behaviours
Developing your sourcing options
Selecting the right approach
Sizing your potential for improvement
Understanding your current performance level
Benchmarking your performance with others and international standards of performance
Get well programmes for low performing groups
Prioritising your approach
Ease of access
Scale of opportunity
Waves one, two and three
What do we need to change to make things easier?
Implementation
Negotiating with Suppliers
Implementing internally
Checking compliance
Monitoring performance
Course Objectives
To provide delegates with a view of how supply chains can be restructured and re-positioned to drive maximum value for the buyers organisation.
Who should attend?
Senior practitioners and their teams seeking insight and ideas for innovative approaches to supply chain management
