Welcome to Procurement & supply planning tools and techniques. In this course, we will learn :
How to do forecasting for purchasing and procurement purposes?
What are the strategies we use for negotiation with suppliers.
How to do make or buy decisions?
How to count for safety stock when buying finished products, materials, and components?
How to segment suppliers to maximize cost?
The difference between bidding strategies and when to choose each one of them.
The types of Contracts and when to choose one of them.
How to mitigate risk when sourcing
The course combines analytics and theory. during which, you will have a supply planning journey where you will be responsible for forecasting, planning for production, and Material requirement planning.
Skills You Will Gain
Forecast
Inventory
Logistics
MRP
Supply chain
Learning Outcomes (At The End Of This Program, You Will Be Able To...)
Tools and techniques for your procurement journey!
Know the different kind of organizational purchases and the right inventory planning tools for them.
Master the forecasting of demand for supply planning
Excel in negotiation strategies as a procurement professional
How to segment your suppliers and negotiate with them accordingly.
Know the delivery terms used in Contracts and purchase orders
Know the different payment terms used in Contracts.
Use Make or Buy tools to make Purchasing decisions.
Understand the terms and conditions in Contracts.
Know the steps of the Tender Process.
How to evaluate suppliers and your assets turnover.
Use MPS and MRP to plan for the quantity and time of issuing orders for material and components.
The inventory techniques the procurement professional should know.
Prerequisites
Motivation to learn more on procurement and supply chain.
Who Should Attend
Supply chain professionals
Procurement professionals
Forecasting and inventory practitioners
Logistics professionals
Curriculum
Instructors
*Where courses have been offered multiple times, the “# Students” includes all students who have enrolled. The “%Recommended” shown is also based on this data.
Haytham Omar
He brings a wealth of expertise in supply chain management and data science to the online education platform. With a deep-rooted background in strategic consulting and academic instruction, he has held pivotal roles in optimizing global supply chains and pioneering data-driven solutions. Holding a doctoral degree focused on basket data-driven forecasting and inventory management, his research has significantly advanced understanding in omni-channel logistics. He has cultivated this knowledge through extensive hands-on experience and academic pursuits, including a Master’s in Global Supply Chain Management from KEDGE Business School and a MicroMasters in Supply Chain Management from MITx on edX.
Throughout his career, he has championed numerous innovative projects in collaboration with international institutions and corporations. His contributions extend beyond theoretical frameworks to practical implementations that enhance operational efficiency and profitability. Notably, he has developed specialized courses and workshops covering diverse aspects of supply chain management, from purchasing and inventory control to logistics optimization and lean management. His teaching approach blends rigorous academic insights with real-world applications, empowering learners to navigate complex supply chain challenges with confidence.
As an instructor on the platform, he is dedicated to equipping students with essential skills in supply chain analytics, data-driven forecasting, and strategic management. His courses are designed to foster critical thinking and problem-solving abilities, essential for navigating the dynamic landscapes of global business operations. Whether aspiring supply chain professionals, business owners seeking to optimize logistics, or data enthusiasts looking to delve into practical applications, learners gain invaluable insights and actionable knowledge from his expertise.
