Materials and Supply Chain Management. Contents are subject to change. For the latest updates visit

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1 Materials and Supply Chain Page 1 of 7

2 Why Attend Supply Chain (SCM) has been consistently cited as one of the most critical processes in any operational company. The impact SCM has on business is major given that SCM impacts customer service and the bottom line. However, SCM is not easy given the dynamic nature of the many uncertainties involved. This dynamism has necessitated many companies to upgrade the skills of their SCM employees in order to capitalize on this untapped opportunity. In this course, many SCM best practices will be discussed, and the solutions provided will help participants deal with various scenarios to ensure the continuous flow of material at the least possible cost. Course Methodology The course uses a mix of interactive and hands-on techniques. Beside the brief presentations by the consultant and the participants, there will be many individual and group exercises. The work related activities require participants to calculate or draw optimal solutions for different scenarios after understanding the process. Course Objectives By the end of the course, participants will be able to: Describe the objectives and functions of materials and supply chain management (stock control, purchasing, stores and physical distribution) and explain how they relate to each other Categorize stock items based on the ABC classification model Calculate future demand for different stock items Identify Reorder Points (ROP), Economic Order Quantity (EOQ) and Safety Stocks (SS) for different stock items Apply the basic purchasing processes and use Incoterms appropriately Identify best practices in warehouses to maintain accurate inventory records List the various transportation functions and costs Target Audience Those involved in any function of materials and supply chain management (inventory, warehousing, purchasing and transportation) who are concerned with successfully providing acceptable customer or user service at a minimum cost. This course is also appropriate for anyone who needs to know more about the role of materials management. Target Competencies Logistics theory and practices Planning and logistics work processes Assessment and planning of requirements Demand planning Procurement Warehouse management Logistics and transportation management Course Outline Definition of materials and supply chain management Materials management scope The functions and objectives of materials management Types of inventory The importance of customer service in materials and supply chain Problems in materials management Computerized materials management applications Inventory planning and stock control Inventory systems The ABC classification Application of the ABC classification Forecasting and planning in materials management Page 2 of 7

3 Typical demand trends Forecasting objectives Different forecasting models Qualitative forecasting Quantitative forecasting Evaluation of forecasts Materials planning and control Inventory costs The economic order quantity model How to deal with constrained quantity discount schemes The importance of controlling lead time The maximum/minimum system Setting the reorder points Setting safety stocks The purchasing function Basic purchasing process Skills of a purchasing professional Factors to consider when selecting suppliers Suppliers evaluation Changing trends in procurement Definition and application of Incoterms Negotiating with suppliers The warehousing function Warehousing objectives Inventory record accuracy requirements Calculating record accuracy Periodic cycle counting How to improve record accuracy The transport function Fleet and transport objectives Methods of transport Responsibilities of traffic Transport expenses Cost reduction opportunities Routing and cubing Page 3 of 7

4 Associations Chartered Institute of Logistics and Transport (CILT) : Meirc is an Approved Training Provider (ATP) in the region for the Chartered Institute of Logistics and Transport (CILT). Established in 1919, CILT is the world s leading supply chain, logistics and transport professional body with over 33,000 members across the globe. CILT seeks to add value to individual and corporate members by enhancing their knowledge, careers, and businesses by setting, supporting and delivering professional standards and education in the fields of logistics, transport and supply chain. By attending Meirc s CILT accredited courses, participants can earn CPD units as well as attain modular unit award courses that can be combined for international certification Location & Date 7-11 Oct, 2018 Istanbul Intercontinental Istanbul 4-8 Nov, 2018 JW Marriott Marquis Mar, 2019 To be assigned 1-5 Sep, 2019 To be assigned Nov, 2019 To be assigned Fees: US$ (including coffee breaks and a buffet lunch daily) Per participant Per participant Fees + VAT as applicable Tax Registration Number Page 4 of 7

5 Courses in Procurement and Supply Chain Dates Course Name Language Location Fees 30 Sep - 4 Oct, 2018 Strategic Sourcing: 7 Steps for Better Procurement Value 7-11 Oct, 2018 Warehouse Operations and Oct, 2018 Supply Chain Risk Oct, 2018 Procurement Planning and Bid Nov, 2018 Negotiation Strategies for Better Purchasing Value Nov, 2018 Leading and Managing Vendor Relations Nov, Dec, 2018 The Successful Buyer 2-6 Dec, 2018 Warehouse Operations and Dec, 2018 Certificate in Supply Chain and Logistics US$ Dec, 2018 Certified Purchasing Professional US$ Jan, Jan, Feb, 2019 Developing Purchasing Policies, Processes and SLAs Feb, Feb, 2019 Negotiation Strategies for Better Purchasing Value 3-7 Mar, 2019 CILT Certificate in Stock, Forecasting and Demand Planning Mar, 2019 Strategic Procurement: 7 Steps for Optimized Sourcing Mar, 2019 CILT Certificate in Fleet and Transport 31 Mar - 4 Apr, 2019 Purchasing and Cost Saving Techniques 2-4 Apr, 2019 Stock, Forecasting and Demand Planning: Tools and Techniques Beirut US$ Apr, 2019 Warehouse Operations and Apr, 2019 Riyadh Apr, Apr - 2 May, 2019 The Successful Buyer Page 5 of 7

6 Courses in Procurement and Supply Chain Dates Course Name Jun, Jun - 4 Jul, Jul, 2019 Leading and Managing Vendor Relations Jul, 2019 Vienna Aug, 2019 Purchasing and Cost Saving Techniques 8-12 Sep, 2019 Procurement Planning and Bid Sep, 2019 Supply Chain Risk Sep, 2019 Developing Purchasing Policies, Processes and SLAs 29 Sep - 3 Oct, Oct, 2019 Production and Material Requirements Planning Oct, Oct, 2019 Negotiation Strategies for Better Purchasing Value Oct, 2019 Strategic Procurement: 7 Steps for Optimized Sourcing 3-7 Nov, 2019 Warehouse Operations and Nov, 2019 CILT Certificate in Fleet and Transport Nov, Nov, Dec, 2019 Purchasing and Cost Saving Techniques 8-12 Dec, 2019 CILT Certificate in Stock, Forecasting and Demand Planning 8-12 Dec, 2019 Leading and Managing Vendor Relations Dec, 2019 The Successful Buyer Dec, 2019 Language Location Fees Page 6 of 7

7 Courses in Procurement and Supply Chain Dates Course Name Language Location Fees Page 7 of 7