2 Days Workshop on Challenges in Procurement Cost-Reduction & Negotiation

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Event Details

2 Days Workshop on Challenges in Procurement Cost-Reduction & Negotiation - Jun 13, 2018

Date: 13 & 14 June  (Wednesday & Thursday)

Introduction :

Effective supply chain operations can bring tremendous changes in  the  bottom line. Procurement strategies play’s a huge role in the efficiency of the operations.Consolidating  various suppliers is the best way to ensure your supply chain is more streamlined and cost-effective.


Objectives :

  • To explore emerging trends in World-class Procurement

  • To suggests proactive steps to counter the procurement challenges .  

  • To reduce operating costs while improving quality and productivity

  • To guide the procurement professionals in adapting  an assertive approach

Topics Covered :

            Day 1:

 

1. The Scenario

  •  What is today’s reality?

  •  How can you counter this?


2. Introspection

  •  Self – analysis – what are your main concerns?

  •  Find out your strengths & areas for improvement


3. A Proactive Approach

  •  Survival of the fittest

  •  The Proactive Organization 

  •  The Paradigm Shift 


4. The Procurement Challenges

  •  Politico-economic

  •  Business related

  •  Monopoly suppliers

  •  Supplier relationships

  •  Use of automation & latest technologies

  •  Globalization

  •  Risk Management


5. Moving from Transactional to Strategic Procurement

  •  Where India stands today

  •  Important steps to Strategic Procurement

  •  Best practices involving strategic sourcing


6. SRM as a discipline

  •  Shift from transactional to Relationship approach

  •  Planning & managing all interactions with suppliers

  •  Adopting TQM philosophy

            Day 2:

 

7. Use of Automation, Technology & Tools

  •  LEAN & Six Sigma

  •  E-Procurement & e-Auction

  •  Cloud Technology

  •  Robotics & Drones

  •  Green Supply Chain


8. Globalization

  •  Challenges to Global Operations

  •  Global Procurement & Logistics

  •  Global SCM Integration

  •  Role of IT in Global SCM


9. Risk Management 

  •  Risks involved in dealing with suppliers

  •  Risk Management Committees

  •  Framework, Guidelines and Safeguards in dealing with suppliers


10. Aligning procurement with business strategy

  •  Linking Procurement strategy with organizational Vision & objectives

  •  Procurement to align with customer focus

  •  Conclusion, Summary and Q & A session



Why to Attend ?

  •  Understand the today’s procurement challenges faced worldwide.

  •  Learn the tools and techniques to counter these challenges

  •  Aligning procurement strategy with Corporate Vision & goals.

  •  Learn Risk management and mitigation

  •  Have a greater sense of professionalism

  •  Moving towards world-class procurement

Who Should Attend ?

Senior & Middle level Managers and Professionals in Supply Chain - Procurement, Vendor Management, Materials, Contracts, Projects, Quality Assessment, Stores etc.

Dr. Seth  is a  Freelance Corporate Trainer and Consultant for last 7 years, has been in the training profession for close to 22 years (with 180+ programs) focusing on the target groups ranging from Students and freshers to Senior Corporate Professionals. His total experience, including the training profession is about 44 years in Manufacturing, Engineering, Defence, IT and Real-Estate industries. He was Head-Corporate Purchase for 10 years at L&T InfoTech Ltd., Mumbai, India, handling procurement activities simultaneously with Management & Leadership training assignments within the company.

Mackinnon Mackenzie Building, 4, Shoorji Vallabhdas Marg, Ballard Estate, Mumbai - 400001

Ashwini Ghogare
Tel : 022 61200238, 9004100768

Lysha Lewis
Tel : 022 61200234, 9819748882

Revati Khare
Tel : 022 6120 0231, 91 9892029473
Participation Fee :   
Members  Rs. 7000 + 18% GST
Non-Members  Rs. 8000 + 18% GST

 

Bank Details for NEFT

Account No.

02422418061924

IFSC CODE

DCBL0000024

Bank Name

DCB Bank

Branch Address

Mahim (024), Mumbai

Cheque /Demand Draft should be drawn in favor of “BOMBAY CHAMBER OF COMMERCE AND INDUSTRY”.

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