Interactive Webinars on

Effective Purchase Management

Advance Level

Effective Warehouse Management

On

21th August 2020

(11:00am to 4.30pm)

On

22nd August 2020

(11:00am to 4.30pm)

By

Mr. Dinesh D.I

Business Mentor, Consultant & Trainer

Introduction: -

Purchase is no longer a support function or attached to the apron strings of production department. In an environment characterized by many unknowns, purchasing professionals must assist general management by providing purchasing expertise for strategic decisions. Purchasing can assist in calculating the probable impact of outside factors on supply, quality and price. The programme is designed to improve the understanding of the participants about strategic aspects of purchase function vis-à-vis developing their analytical skills.

Cost Reduction because of this Training or ROI on Training: -

If participants start selecting the vendors based on TCO, they can recover the cost of the training in just one month. In fact cost of training could be a small fraction of the benefits accrued by implementing TCO. Still more big chunk of benefits are expected from “Make Vs Buy Analysis”. The intangible benefits are expected from procurement strategy by using Kraljic Matrix. The quantification of tangible and intangible benefits can be monitored by increase in Inventory Turnover Ratio (ITR) for the raw material.

Objectives: -

By taking this course participants will:

>Develop threadbare understanding of the importance of the purchase function and how it impacts the business as a whole

>Improve decision making skills on “make Vs buy” items

>Understand how to audit the procurement function

Unique Programme Takeaway: -

Participants will get well-researched document on “Procurement Strategy”. The second takeaway is on Inventory Turnover Ratio (ITR). Participants will have complete understanding on reduction of working capital when ITR increases.

Contents

ü Traditional v New Age Procurement

ü Elements of Strategic Procurement

ü Concept of Total Cost of Ownership (TCO)

ü Development of Procurement Strategy by using Kraljic Matrix

ü Various KPIs to measure performance of procurement function

ü Learn how to make “Make Vs Buy” Analysis

ü How to audit the procurement function?

ü Learn how to analyse procurement spend

Introduction: -

In the erstwhile era warehouses were used just for storage for goods. However, today’s warehouses have multifarious challenges viz. reduction of inventory, reduction of labour cost, effective management of storage capacity, increase the inventory accuracy and above all improve the customer service. 

 

Cost Reduction because of this Training or ROI on Training: -

This training is aimed at reduction of inventory carrying cost of finished goods. Participants can get ROI by saving their time because of improved order picking accuracy, better slotting of materials etc.

 

Objectives: -

By taking this course, participants will develop their competencies in:

 

>> Understanding the functions of modern warehouse

>> Assessing the location of the warehouse before raising it moving to a new one

>> Managing the warehouse space scientifically

>> Measuring the performance of their warehouse

>> Housekeeping of the warehouse

>> Choosing a Warehouse Management Software (WMS)

 

Contents

ü Functions of Warehousing

ü Factors to be considered while starting or moving a warehouse

ü Warehouse Operations

ü Various KPIs to measure performance of Warehouse

ü Understand 5S and housekeeping audit of Warehouse

ü Selection parameters while choosing Warehouse Management Software

ü How to decide slotting in the warehouse

 

Requirement from the Participants: -

This training programme will be conducted in English only. There will be few numerical exercises and participants are expected to have above average calculation abilities.

Indigenous concept by the faculty: - 

In addition to the document on “Procurement Strategy”, how to analyse the procurement spend is always a challenge to procurement professional. In these training participants will get exposure to multiple ways of doing procurement spend analysis.  These are developed by the faculty and participants will not find these any book or website.

Profile of Faculty

Mr. Dinesh D.I

Business Mentor, Consultant & Trainer

Mr Dinesh is versatile in the field of training and management consulting. His multifarious activities include writing articles, designing case studies and guiding juniors through various online forums.

He has handled the training and consulting across the spectrum of industries. Taking benefit of the exposure that he gets through his training and consulting, he conducts research through his participants. Based on his research, he has designed unique programmes like Effective Selling Skills for B2B Market, KAM, Sales and Customer Strategy for B2B Markets, Strategies for Product Pricing etc.

In addition to the training programmes in the field of sales and marketing, Mr Dinesh also conducts training programmes in the field of business strategy like Strategic Analysis of the Enterprise, Strategy for Supply Chain Management etc.

Course’s time structure:

Session – (11:00am to 4.30pm) 30mins Break Included

Pre-requisites

You should have good internet connection and good quality headphone/speaker set with Laptop / Desktop.

You should have notepad/pen to note down important points.

How to Register:

Fees:

Per person per session

Rs. 4500 /-

USD $ 75

Fees:

Per person both sessions

Rs. 9000 /-

USD $ 150

18 % GST is applicable

> Please write to gcmseminars@yahoo.com

> Call Mr. Rajeev Gupta- 9711114779 / 8929596899

For Whatsapp Query– 09540012349

> Mode of Payment: NEFT /Paytm / Credit Card

> Cheque favouring GCM Worldwide payable at New Delhi.

> Fees include certificate of participation & Course Material.

*Terms & Conditions apply

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