Procurement & Supply Planning tools and techniques.
What you'll learn
- tools and techniques for your procurement journey!
- Know the different kind of organizational purchases and the right inventory planning tools for them.
- Master the forecasting of demand for supply planning
- Excel in negotiation strategies as a procurement professional
- How to segment your suppliers and negotiate with them accordingly.
- Know the delivery terms used in Contracts and purchase orders
- Know the different payment terms used in Contracts.
- Use Make or Buy tools to make Purchasing decisions.
- Understand the terms and conditions in Contracts.
- Know the steps of the Tender Process.
- How to evaluate suppliers and your assets turnover.
- Use MPS and MRP to plan for the quantity and time of issuing orders for material and components.
- The inventory techniques the procurement professional should know.
Requirements
- Motivation to learn more on procurement and supply chain.
Description
Latest update -Sep 2023: Cahpter on Procurement optimization with Excel solver is added.
Welcome to Procurement & supply planning tools and techniques. In this course, we will learn :
1-how to do forecasting for purchasing and procurement purposes?
2- What are the strategies we use for negotiation with suppliers?
3- how do make or buy decisions?
4- How to count for safety stock when buying finished products, materials, and components?
5- How to segment suppliers to maximize cost?
6- The difference between bidding strategies and when to choose each one of them.
7- The types of Contracts and when to choose one of them.
8- How to mitigate risk when sourcing
9- How to minimize cost using optimization techniques in Excel.
The course combines analytics and theory. during which, you will have a supply planning journey where you will be responsible for forecasting, planning for production, and Material requirement planning.
About the Instructor:
Consultant in Supply Chain Management & Business Intelligence
Rescale Analytics – Dubai
• Supply chain and data science consultant for several national and multinational clients in the UAE and France.
• Data Scientist, Master of Science in Global Supply Chain Management from Bordeaux Ecole de Management, Bordeaux, France
Omar is a certified instructor in Supply Chain Analytics and holds a Master’s Degree in Supply Chain Management. He is also a Ph.D. candidate in supply chain and data science at the University of Bordeaux
He is currently conducting workshops and seminars in Supply chain and data science as well as consultancy projects for Multinational companies. Haytham conducted more than 70 workshops and gave lectures for three and a half years in logistics, supply chain management, and data science.
Who this course is for:
- supply chain professionals
- Procurement professionals
- Forecasting and inventory practiotionars
- Logistics professionals.
Instructor
- 4.5 Instructor Rating
- 6,001 Reviews
- 79,011 Students
- 16 Courses
"Never follow a book by its cover, In a world that changes every second, we must be resilient and proactive. " Consultant / Developer /Trainer
Consultant in Supply Chain Management & Business Intelligence
Founder - Rescale Analytics – Dubai
• PhD in supply chain from the University of Bordeaux.
• Supply chain and data science consultant for several national and multinational clients in the UAE and France.
• Data Scientist, Master of Science in Global Supply Chain Management from Bordeaux Ecole de Management, Bordeaux, France
He is currently conducting workshops and seminars in Supply chain and data science as well as consultancy projects for Sephora, Sharaf group and aster pharmacy.
• Haytham conducted more than 70 workshops in UAE in the last three years in supply chain and data science.
Clients :
Sharaf Group
Aster Group
Sephora France
DNO
Qarar for financial analytics
Lamprell
Noble Prog
PWC training Academy
Higher College of Technology
Partners: Edusphere dubai- Limar Tech Saudi arabia – sl-tech Abu Dhabi
Projects :AHQ-SHARAF GROUP:
developing an algorithm for the replenishment of stocks to Sharaf group -adventure HQ . the algorithm is being used since November 2019 with notable results.
Developing and deploying an algorithm for revenue maximization based on elasticity techniques for adventure zones service provided by AHQ.
Projects: Sephora – France
Haytham is working with Kedge business school as part of the team CSIT for partnership
The collaboration of Omni-channel optimization with Sephora France. As a part of his Ph.D. project.
Development: Haytham developed the Inventorize package in R mainly used for supply chain analytics with more than 50000 Downloads so far.