Comprehensive PMP® Exam Prep and Project Management Mastery
10/11/2024Strategic Project Management for Supply Chain Optimization
11/11/2024Advanced Procurement and Supply Chain Management in the Digital Era
£4,000.00
Overview:
This program provides an in-depth exploration of advanced procurement and supply chain management strategies with a focus on leveraging digital tools and innovations. Participants will gain practical skills in strategic sourcing, risk management, and emerging technologies like AI and blockchain. Through real-world case studies, hands-on workshops, and digital applications, this course empowers professionals to enhance organizational resilience, efficiency, and competitive advantage.
Program Objectives:
Upon completing this course, participants will be able to:
- Implement data-driven procurement strategies to optimize sourcing and strengthen supplier relationships.
- Enhance supply chain efficiency through predictive analytics and digital forecasting tools.
- Apply best practices in contract management and negotiation for sustainable, win-win partnerships.
- Develop risk management strategies to navigate global supply chain complexities.
- Drive digital transformation in procurement and supply chain using AI, IoT, blockchain, and other emerging technologies.
Target Audience:
This course is ideal for professionals seeking advanced skills in procurement and supply chain management, including:
- Procurement managers and specialists aiming to lead strategic sourcing.
- Supply chain managers, analysts, and technologists focused on efficiency and resilience.
- Contract managers involved in vendor negotiations and risk mitigation.
- Operations executives interested in digital transformation within procurement and supply chain.
- Technologists and data analysts keen on applying AI and digital tools to supply chain management.
Program Outline:
Day 1: Advanced Procurement Strategies
- Strategic sourcing and supplier management for cost optimization and resilience.
- Data-driven decision-making using analytics and market intelligence.
- Sustainability and corporate social responsibility (CSR) in procurement.
- Case studies on advanced procurement strategies in a digital world.
Day 2: Supply Chain Optimization Techniques
- Predictive analytics and demand forecasting for inventory and resource planning.
- Lean and agile methodologies for responsive supply chains.
- Digital tools for supply chain visibility and automation.
- KPIs for measuring supply chain performance and effectiveness.
Day 3: Contract Management and Negotiation
- Modern practices in contract management for risk control and compliance.
- Negotiation techniques for sustainable, mutually beneficial agreements.
- Monitoring contract performance and managing disputes.
- Case studies on achieving favorable contract terms in dynamic markets.
Day 4: Risk Management in Procurement and Supply Chain
- Identifying and assessing supply chain risks in a globalized context.
- Building supply chain resilience frameworks for disruption management.
- Compliance and regulatory standards for proactive risk management.
- Real-life examples of effective risk management practices.
Day 5: Emerging Trends and Technologies
- Industry 4.0 impact on procurement and supply chains.
- Applications of AI, blockchain, and IoT for smarter supply chain operations.
- Trends like ethical sourcing and the circular economy shaping procurement.
- Case studies of companies innovating with advanced technologies.
- Final Q&A and Best Practices for digital transformation in procurement.