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Title:
Why Procurement Training Is Essential To Procurement Mangers?
Body:
Those people who have the responsibility for buying the right amount of product or service at the right price are often called buyers or procurement managers. To become a procurement manager, right procurement training is very important. A certified procurement manager is rather responsible for managing a huge budget with loads of responsibility, sourcing quality ingredients to make the product. A responsible procurement supervisor always has the intention to make the company profitable. And a good procurement team will make a real impact on a company’s bottom line.
The experienced team members can ensure flawless supply chain management that gives a sustainable competitive
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Body:
Logistics and Supply Chain management proficiency is a crucial success factor for most of the companies these days. Building potential strength in this field is often the key competitive advantageous for the industry leaders. To become a professional leader in Supply chain and Logistics sector, one needs to obtain the right logistics and supply chain training in Dubai. The certification course has a great impact in this field of working.
Professional logistics and supply chain management program equips you with the advanced quantitative and qualitative analytical skills with knowledge in order to indentify different areas for improvement within an organization to gain the competitive edge. It helps the experts to know more about a business process that help them to work flawlessly within the company.
This training program is obtainable now for the graduates from business, science, engineering and management sectors who want to increase their skills in this field. The training helps you to achieve professional certifications as well.
Keywords:
Logistics and Supply Chain Training in
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Of course the coordination and integration of the total flow is rather critical for many organizations. As the days are passing on, the demand of Supply Chain training is increasing day by day.
The supply chain training program in Dubai is rather imperative to the professionals who are working in this field nowadays. This is a great opportunity to learn how to effectively handle different activities of the supply chain and prepare themselves for an in-demand future career prospect.
Supply chain training plays a great role for company’s strategic development. The training has a great impact to make a business successful and profitable. That is the reason; now most of the companies are willing to implement the training within the organization.
Keywords:
Supply Chain Training in Dubai
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WISNER, J.D., TAN, K. and LEONG, G.K., 2009. Principles of supply chain management : a balanced approach / Joel D. Wisner, Keah-Choon Tan, G. Keong Leong. Mason, OH : South-Western Cengage Learning, 2009; 2nd ed. pp 111-113,262
A supply chain is a system through which organizations deliver their products and services to their customers. The network begins with the basic ingredients to start the chain of supply, which are the suppliers that supply raw materials, ingredients, and so on. From there, it will transfer the supplies to the manufacturer who builds, assembles, converts, or furnishes a product. The chain now needs to get the product to the consumer by transporting the finished product from the manufacturer through a warehouse or distribution center. An example is that Wal-Mart has a nearby distribution center where products are delivered there and then split up to be delivered to a retail Wal-Mart. “Wal-Mart will take responsibility for breaking down larger loads and delivering the product to other Wal-Mart stores” (Ehring 1).
In a survey result shown that majority said lack of supply chain management skills and knowledge was the greatest barrier within their own organizations, in view the network of company to work together successfully, though, requires managers to use subtle persuasion and education to get their own enterprise and their trading partners to do the right things. The cultural, trust, and process knowledge differences in company are such that firms successfully managing their supply chain must spend significant amount of time influencing and increasing the capabilities of themselves and their
Coyle, J., Langley, C., Gibson, B., Novack, R. and Bardi, E. (2008).Supply Chain Management: A Logistics Perspective. 8th ed. Cengage Learning, p.366.
First of all and the most important element of the effective supply chain is information technology. High information technology effic...
Supply chain management has been defined as that process that involves the management of information, materials, and all the finances that are handled within and across the entire supply chain process (Christopher, 2016). The management is usually done through out the entire supply chain management from that moment when the suppliers are involved through all the manufacturing activities, different distribution activities, and the way that the products are served to the final product consumer (Turban, et al., 2002). The process also includes all the activities that different organizations offers to their customers as after sale services for purposes perfecting their services and products towards their highly valued customers (Christopher,
Since the procurement manager is responsible for executing contracts for most companies, the Agent should support the project manager in making sure the technical aspects, schedule, scope, and risk are captured completely in the SOW. In closing, this paper examines the legal aspects of procurement management, along with how procurement management can be an effective tool for managing projects. This paper focused on the basics of common contract laws, the basics of agency law, the Uniform Commercial Code (UCC), and some aspects that pertain to the Federal Acquisition Regulations (FAR). The company’s position on deciding not to procure all of the material in a contract was examined, along with how that position can be strengthened by understanding the legal aspects of procurement management. Finally, the paper analyzed how the project manager is supported by the contract management function.
As an Industrial Engineer with more than 15 years of work experience, I choose Supply Chain Management (SCM) because I believe that logistics is the most dynamic, vibrant, challenging, technology driven area, and the future of any big national and international companies. It will give me the opportunity to know behind the scene of improving the companies’ performance by using SCM tools. If I work in this field, I can get my answers and a chance to work in the market of raw material, purchasing, production, distribution, logistics, and final goods. After finishing two semesters in the College of Business at University of Houston Downtown (UHD), I am really passionate about it and want to gain my knowledge in the logistics sector, learn new techniques and skills, and seek new opportunities.
‘Supply chain management integrates supply and demand management within and across companies. It encompasses the planning and management of all activities involved in sourcing and procurement, conversion, and all logistics management activities. Importantly, it also includes coordination and collaboration with channel partners, which can be suppliers, intermediaries, thir- party service providers, and customers’. (Web: Council for Supply Chain Management Pr...
Definitions of procurement are abundant. For the sake of this paper, I will use the definition given by BusinessDictionary.com, which states that procurement is the act of obtaining or buying goods and services. The process includes preparation and processing of a demand as well as the end receipt and approval of payment. Procurement may be further classified according to the sector that it serves such as public or private.
Procurement is a subject that has a wide variety of branch. Many areas need the knowledge of procurement in order to practice effectively or attain their maximum profit levels. Procurement helps in determining when and how one should conduct certain transactions in the business. Procurement principle s help to guide healthy relationship with other subjects and avoid many business mistakes that have a high probability of happening. Some of the main principles that procurements deal with include; f value for money, ethics, competition, transparency, and accountability. This principles help procurement to be effective thus help in making important decisions in organizations.
My job at TCS has exposed to the various nuances of Supply Chain Management and therefore, I feel I can add value to my profession through a pursuit of this course.
A supply chain is a network of facilities that procure raw materials, transform them into intermediate goods and then final products, and deliver the products to customers through a distribution system [1]. The basic objective of supply chain is to “optimize performance of the chain to add as much value as possible for the least cost possible.
(2014) deduced that procurement performance can be assessed by focusing ondelivery,flexibility, quality, cost and technology. Optimal performance attainment is dependent onhow current suppliers`relationships aremanaged so asto ensure constant availability of needed quality supplies at the organization. This will ensure that sourced materials are indeed procured at the right costand atthe right time. Procurement performancestrives toenable improvements in the procurement process at the organizationso as to improve on qualitydelivery of firm products and servicesatleast possible time and
Procurement Logistics: This consists of activities such as market research, requirements planning, make or buy decisions,