Supply Chain, Logistics and Procurement Masterclass

This intensive masterclass equips professionals with cutting-edge strategies and practical tools to optimize their supply chain, logistics, and procurement functions. Through expert-led sessions, participants will gain actionable insights into demand forecasting, inventory management, transportation optimization, warehousing strategies, and the latest procurement best practices. Learn how to build resilient and agile supply chains, negotiate effectively with suppliers, leverage technology for enhanced visibility, and ultimately drive significant cost savings and improved operational efficiency. This masterclass is designed for individuals seeking to elevate their expertise and lead their organizations toward supply chain excellence.

Course Objectives:

By the end of this course, participants will be able to:
○ Understand the strategic role of procurement and supply chain in business success
○ Develop and implement sourcing methodologies and category management
○ Build supplier relationships and manage performance effectively
○ Apply tools for procurement decision-making and cost optimization
○ Evaluate logistics operations and integrate procurement across the supply chain
○ Manage inventory, transportation, warehousing, and supply chain risk

Target Audience:

○ Procurement and Purchasing Managers
○ Supply Chain Managers
○ Logistics Professionals
○ Contract and Sourcing Officers
○ Operations Managers
○ Warehouse and Inventory Controllers
○ Business Analysts

Course Delivery Method:

The course will be delivered using a blend of:
○ Instructor-led sessions for theoretical concepts and frameworks
○ Interactive workshops to apply tools and methodologies
○ Case study discussions to illustrate global best practices
○ Group activities and simulations to solve practical challenges
○ Peer learning and team-based problem solving
○ Knowledge checks and self-assessment tools
○ Action planning for workplace implementation

Course Outlines:

Procurement Management 

Module 1 – Strategic Role and Framework of Procurement

•  The strategic contribution of procurement to organizational success
•  Defining the mission and vision of the procurement function
•  International procurement standards and best practices
•  Assessing external environmental influences
•  Building a world-class procurement strategy
•  Overview of the procurement lifecycle

Module 2 – Strategic Sourcing Methodology

 Spend category analysis and strategic planning:

• Profiling and assessing spend categories
• Market risk assessment and financial impact
• Mapping categories: routine, bottleneck, strategic
• Creating consolidated category reports

Supplier segmentation and strategy:

• Supplier profiling by location, volume, value, and partnerships
• Developing a supplier diversity strategy
• Execution of strategic sourcing outcomes

Module 3 – Procurement Processes and Implementation
 

• Designing and mapping procurement workflows
• Differentiating strategic vs. operational processes
• Setting procurement policies and controls
• Promoting ethical procurement practices

Implementing procurement tools and processes:

• RFI, RFQ, RFP management
• Bid evaluation and stakeholder collaboration
• Contract management systems
• Decision matrices and purchasing templates
• Applying Total Cost of Ownership (TCO)

Module 4 – Supplier Management and Integration

• Supplier qualification and performance rating
• Risk identification and mitigation in supplier relations
• Building collaborative supplier relationships
• Effective negotiation techniques and strategies
• Managing Service Level Agreements (SLAs)
• Supplier base optimization
• Integrating e-Procurement platforms

Module 5 – Procurement Performance and Continuous Improvement

• Measuring and evaluating supplier performance
• Quality management in strategic sourcing
• Achieving global procurement excellence
• Streamlining low-value purchase orders
• Driving cost-reduction programs
• Defining and tracking procurement KPIs

Logistics and Supply Chain Management 

Module 6 – Fundamentals of Logistics and Supply Chain

• Key definitions and concepts of logistics and supply chain
• Historical evolution and trends
• Dynamics of modern supply chains
• Global logistics challenges and strategies
• Phases of the supply chain
• Applying the Theory of Constraints (TOC)

Module 7 – Transportation and Global Trade Logistics

• Strategic role of transportation within logistics
• Key managerial decisions in transportation
• Modal and intermodal systems
• INCOTERMS and liability considerations
• Key transport documentation
• Handling and regulation of hazardous materials

Module 8 – Performance, Risk, and Warehouse Management

• Identifying and using logistics KPIs
• Warehouse management essentials:

Strategic role and material flows

Storage equipment selection

•  Managing risks in the supply chain:

Operational and inventory risks

Currency and financial risks

Disruption and security threats

Module 9 – Integrating Procurement in the Supply Chain

• Distinguishing procurement from purchasing
• Core responsibilities within procurement and purchasing
• Supporting operational needs through procurement
• Managing supplier relationships within the supply chain
• Enhancing cross-functional collaboration
• Defining procurement team roles and accountability

Module 10 – Inventory Management Best Practices

• Applying statistics in inventory control
• Financial implications of inventory decisions
• Implementing selective inventory control
• Inventory visibility and status tracking
• Reducing excess and obsolete stock
• Strengthening logistics and supply chain through inventory optimization