SMT - Procurement
Supply Management is the process of managing flows of goods, services knowledge and resulting finances.
The goal of this course is to have candidates appreciate the procurement process and how it fits into the overall field of Supply Management. The procurement process extends well beyond the boundaries of the procurement department. For instance, senior management will be heavily involved in selecting supply partners. Similarly design departments will be heavily involved in selecting key technologies, which will have major implications in selecting suppliers. However, in most organizations the procurement department plays an integral role in all major procurement activities, in either a lead, or supporting role.
This course develops the tactical aspects of procurement. It intends to provide information and techniques to allow junior to intermediate procurement staff to work more effectively. For those not currently working in a procurement role, the course may prepare you for a move to such a role or may just allow you to work more effectively with procurement staff.
- Describe the historical developments of procurement and how it fits within an overall supply chain
- Define: supply chain management, value chain, purchasing
- Define types of tender processes and explain their uses
- Understand the Integration of supply chain with enterprise objectives
- Explain best practices for: sourcing, selecting and evaluating suppliers
- Explain contract formation, the competitive bidding laws of Canada and ethics
- Apply negotiation tactics and techniques appropriately
- Appreciate the use of calculations for; the total cost of ownership, the break-even point, cost management and the learning curve
- Understand the need for quality from suppliers
- Describe the basics and need for lean inventory management
- Explain the differences between commercial, government and retail buying of goods and services
Purchasing and Supply Chain Management, 6th Edition by Robert Monczka, Robert Handfield, Larry Giunipero, and James Patterson (ISBN – 9781285869681)
SMT - Logistics
Supply Chain Management (SCM) has been defined in many ways by many different people and organizations. Essentially SCM boils down to ensuring that your customer needs are satisfied through effective management of processes and activities, from the sourcing of materials and services, through the conversion/production phases, then finally to the customer through a distribution network.
The goal of this course is to have candidates appreciate the big picture of SCM and recognize that through its evolution SCM has driven significant value and competitive advantage to those organizations that expend efforts in their SCM activities.
- Describe a supply chain
- Describe the importance of supply chain in SCM
- Describe the importance of forecasting in SCM
- Describe the importance of inventory management in SCM
- Describe the SCM planning process
- Describe the role of transportation and warehousing in SCM
- Describe how technology can support integrated supply chain processes
- Assess the potential impact of supply chain initiatives or shortcomings
Principles of Supply Chain Management (A Balanced Approach), 5th Edition by Joel D. Wisener, Keah-Choon Tan and Keong Leong (ISBN – 9781337406499)
SMT - Transportation
Participants will learn the advantages and limitations of the four modes of transportation: road, rail, air and water, as well as intermodal transportation. Topics covered include the role of freight forwarders, brokers and integrated transportation companies. This course will introduce participants to transportation documentation and allow them to experience basic load planning. Participants will gain an overview of contracts, insurance, customs clearance and letters of credit. The fundamentals of Incoterms 2010 and their impact on buyer-seller responsibility for transportation will also be examined.
- Describe how transportation contributes to a well-managed supply chain
- Describe the key attributes of road, rail, ocean, air and intermodal transportation
- Demonstrate the basics of load and route planning
- Demonstrate an understanding of weight and volume calculations as it impacts cargo rate calculations
- Describe key aspects of special and dangerous goods transportation
- Describe the attributes of proper cargo insurance
- Describe the impact of cargo security, especially on cross-border freight
- Demonstrate an understanding of how Uniform Commercial Code (UCC) and Incoterms 2010 impact and define the transportation department's responsibilities.
Transportation: A Global Supply Chain Perspective, Custom Edition by John Coyle, Robert Novack, Brian Gibson and Edward Bardi (ISBN 9780176795542)
SMT - Operations Management
Operations Management is the art and science of ensuring that goods and services are created and delivered successfully to customers. This course will cover the basic and essential aspects of this field of study at the tactical level. A calculator will be required for some of the lessons.
- Explain operations management responsibilities in the corporation and within their respective value/supply chains
- Describe quality and outline the various quality management programs
- Understand how operations management strategies are linked with goods and service processes within facilities to achieve a competitive advantage
- Comprehend the importance of a forecast, its process and understand how the forecast results are managed within the corporation by varying inventory levels, amending the AP, MPS and MRP and scheduling issues for both goods and services
- Identify the principles of lean systems and the advantages of using technology to apply these concepts to production systems or service operations
OM6 (Operations Management), 6th Edition by David Allan Collier and James R. Evans (ISBN 9781305664791)