Project Management for Supply Chain Professionals

Supply Management manages relationships, information, and materials flows across organisational boundaries to deliver enhanced customer service and economic value. Supply managers aim towards synchronising and amalgamating these flows through the implementation of a specific ordering of work activities across time and place, with a beginning, an end, clearly identified inputs and outputs, as well as a structure for action.

Project Management is also a structured process of managing workflow in a specific order across time and place. The close similarities between these two processes provide a firm foundation to expand the supply manager's worldview to adopt project management principles and techniques. This course focuses on integrating project management principles into the supply management process.

This course will teach you how project management concepts are applied to enhance supply management. You will also gain an understanding of the tools and techniques used to initiate, execute, manage and control a project.

• Organise, plan, launch, track, and close a project
• Create a clear project objective and work breakdown structure
• Master project planning, execution and control skills
• Identify the skills necessary to lead or serve on a project team
• Utilize project management-related techniques
• Create an accurate project timeline
• Incorporate uncertainties in project time and cost plans
• Use various project scheduling techniques
• Plan a project balancing the constraints of scope, time, cost and quality
• Complete project cost estimation and financial evaluations
• Build and maintain effective and efficient project procedures and processes
• Identify improvement opportunities to manage supply chains better
• Demonstrate proficiency in developing project plans and making sound decisions
• List the objectives of inventory management and its impact on cost and customer service.
• Perform proper inventory classification and use best practices for item specification/cataloguing.
• Use forecasting techniques to predict demand and better manage lead times.
• Identify the optimum ordering quantity and determine safety stocks and reorder points.
• Conduct cycle counts, improve inventory record accuracy, and find ways to reduce inventories.
• List various techniques to minimise inventory, including JIT (Just-In-Time).
• Apply Key Performance Indicators (KPIs) to measure and improve inventory performance.

Who Should Attend?