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Course of The Latest Practices in Procurement Management, Supply Demand and Warehouse Management


Summary

The British Academy for Training and Development offers a course in The Latest Practices in Procurement Management, Supply Demand and Warehouse Management, for anyone who wants to acquire great skills in warehouse and store management and learn the secrets of this job and its importance. 

Purchasing management is the process of requesting materials, services and equipment, and working to supply them. Its main objective is to work on purchasing materials at the lowest possible costs according to the required quality and service. The function of the purchasing department is to ensure a balance between the supply of materials and inventory levels so that profitability can be maintained in terms of material costs, in addition to the availability of a continuous supply of materials to companies, as the purchasing department receives the requirements for materials or supplies from the requesting department and then the department analyzes them.

Objectives and target group

Who Should Attend?

  • Managers of institutions and companies.
  • Workers in the field of purchasing management and logistics.
  • Warehouse and warehouse managers and clerks.
  • Businessmen wishing to develop their legal skills.
  • Workers in purchasing committees in institutions.
  • Students and graduates of business administration colleges from various universities.

 

Knowledge and Benefits:

After completing the program, participants will be able to master the following:

  • Gain extensive experience in the field of receiving materials and products that require accurate storage and in a manner that ensures their safety.
  • Ensuring the flow of products to beneficiaries at the appropriate times.
  • Gain expertise in the field of preserving inventory from loss, theft or damage.
  • Gain extensive expertise in selecting the appropriate location for warehouses in order to preserve stored materials.
  • Planning and following up on purchases and negotiating with suppliers in a way that achieves reducing supply and operating costs.
  • Planning, monitoring and protecting inventory in a way that ensures business continuity.
  • Eliminating stagnant stocks in a way that achieves liquidity for the institution.
  • Working to reduce storage costs in warehouses to the maximum extent possible.

Course Content

  • Introduction to Purchasing and Supply Management
    • Basic concepts and the difference between purchasing and supply.
    • The importance of good storage in institutions and companies.
    • The role of purchasing management in achieving the strategic objectives of the institution.
    • The impact of purchasing and storage costs on the organization's income.
  • Demand supply management
    • Modern demand forecasting techniques and data analysis tools.
    • Strategies for coordinating supply and demand to ensure effective balance.
    • Using smart systems to improve demand management.
  • Warehouse management
    • Principles of inventory management and types of inventory.
    • Centralization and decentralization in purchasing and storage.
    • Strategies for improving storage of goods and smart warehouse technology.
    • Calculating and analyzing inventory turnover to improve efficiency.
    • Monitoring and control methods to ensure inventory accuracy and avoid loss.
  • Integration between purchasing and warehouse management
    • Effective coordination between purchasing management and warehouse management.
    • Using integrated systems to improve workflow and communication between departments.
  • Data analysis
    • Using data to improve decisions related to purchasing and warehouses.
    • Creating effective reports and monitoring performance through data analysis.
  • Latest practices in purchasing management
    • Developing purchasing strategies that are in line with market and technology needs.
    • Electronic purchasing tools and systems and how to use them to improve efficiency.
    • Effective negotiation strategies and building strong relationships with suppliers.
    • Identify, assess and manage risks associated with the procurement process.

Course Date

2024-10-14

2025-01-13

2025-04-14

2025-07-14

Course Cost

Note / Price varies according to the selected city

Members NO. : 1
£3800 / Member

Members NO. : 2 - 3
£3040 / Member

Members NO. : + 3
£2356 / Member

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