Procurement and Inventory Management in the Supply Chain

Target Audience:Executives and middle managers of procurement and logistics departments, specialists in inventory management, employees of planning departmentsDuration:2 days, 18 ac. hoursProvider:Venue:AEB office, Moscow, Krasnoproletarskaya ul. 16 bld. 3, entrance 8 (4th floor), nearest metro station - NovoslobodskayaLanguage:RussianCoach:Irina Katantseva

Terms and Conditions

– The deadline for registration & payment is usually 5 days before the starting date of the course;
– Those who do not register and pay by the deadline will not be allowed to participate in the training;
– All payments are to be made by bank transfer;
– Once registration is closed, the fee is non-refundable.

Training objectives
• Consider advantages of integrating procurement and inventory management into the supply chain
• Analyze a universal set of performance indicators for procurement and inventory management
• Assess how procurement and inventory management impacts company financial results
• Work out an effective approach to procurement and inventory management on the basis of advanced techniques and tools
• Develop practical skills of assessing and selecting suppliers to optimize procurement operations of the company
• Learn to apply best practice of managing inventory and procurement to build a sustainable competitive advantage for the company
Training program:
• Basic concepts used in procurement and inventory management
• Total procurement cost and inventory level: how these factors influence company financial results
• Forecasting techniques to assess the necessary level of inventory
• Practical application of economic order quantity (EOQ) model
• Inventory planning and management for multiproduct supplies
• Benchmarking of procurement and inventory management in trade and manufacturing companies
     Sequence of operations in developing the strategy of inventory and procurement management
     Specifics of АВС-analysis and XYZ-analysis
     Just-in-time procurement
     Procurement and inventory management efficiency criteria
• Suppliers management to improve purchasing efficiency; supplier selection and appraisal techniques
• Approaches to procurement quality management
PwC Academy methodology is based on the following principles:
• Analysis of leading companies’ best practice
• Use of business games, complex calculation assignments
• Simulation of real situations, discussions
All participants will receive a certificate of attendance.