Sustainable Procurement and Inventory Control Management

This workshop will provide an essential knowledge and skills on nature of procurement and inventory performance and good understanding of the best materials management practice and how the effective use of this function can assist in the success of an organization

Description

This course has been specifically designed for managers, executives and officers in materials management, stock control, warehouse & logistics whose functions and responsibilities are involved in planning, organizing, controlling, management and supervision of inventory, material and stock holding in the organization. It is also beneficial for procurement and supply chain personnel seeking supply chain integration or who need to understand the impact of supply chain decisions upon their company’s performance.

What you'll learn

  • Sustainability principles - Triple Bottom Line, Life Cycle Analysis
  • Government initiatives - Climate change act, sustainable procurement national action plan, flexible framework
  • Principles & Framework for procuring sustainable
  • Procurement specifications (Rethink, Reuse, Recycle)
  • Aggregation, demand management and stakeholder management
  • Supplier pre-qualification and sustainability selection criteria
  • Managing sustainability as a contract performance issue - Developing meaningful KPIs
  • Proactive supplier development in relation to sustainability
  • Building a sustainable procurement policy
  • Setting the direction for future sustainable procurement
  • Introduction to Inventory Performance
  • Inventory management & supply chain strategy
  • Requisitions and replenishment of materials
  • Inventory performance - Turnover rates, service levels, customer service issues
  • Inventory control techniques/Inventory systems (Order-point systems, JIT, Kanban, MRP, etc)
  • Effective management and valuation of inventory
  • Forecasting and planning in materials management
  • Purchasing, warehouse and transport function
  • Materials planning and control
  • Creating best practices in the physical control of materials

Benefits

Certificate

  • Professional Certificate of Competency

Entry requirements

  • Open to everyone

Duration of study

5 days (40 hours)

Enroll now and change your future

Program and Course form v1.0