Online Workshop on Supply Chain – Best Practices

Overview :

In the VUCA world with uncertainty in the economy the organizations will have to make all efforts to reduce cost and maintain satisfactory cash flow. In order to maintain satisfactory cash flow, it will be Imperative that the Operations and Supply Chain functions will have to make all efforts to optimize the inventories. The Supply Chain function of the future, therefore, will have to use the best practices. Those who will take the path of using the latest techniques and the technology have the best chance to survive and grow. It is absolutely necessary to attain excellence in customer service. Supply Chain is one of the catalysts to achieve this objective.

Workshop Contents :

• Overview of Business
• Why Purchasing and Supply Chain is important in present situation
• Strategic Role of Purchasing and Supply Chain and Interface with the organization
• Overview of Procure to Pay

Assignment – Identify two practical areas of Cost Reduction in your Company :

• Best Practices in Procure To Pay
• Improvement Initiatives with Suppliers
• Supplier Evaluation and Development
• Negotiation Techniques

Assignment – Expand on the two practical areas identified and make action plan :

• Logistics – Improvements in Warehousing and Transportation
• Use of Technology in Supply Chain
• KPIs and Dashboard for Supply Chain
• Review of the Initiatives taken up by the participants
• Conclusion

Who should attend ?

Managers and Professionals in Purchasing, Procurement, Supply Management, Materials, Contracts, Projects etc.

Speaker Profile :

Raj Kumar Seth, 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.

Contact Details :

Revati Khare || Assistant Director – International Trade and Commerce Committee
Email : international@bombaychamber.com
Tel. (D) + 91 22 6120 0231; (M) + 91 9892029473