About the course
This introductory course provides a comprehensive understanding of supply chain management (SCM) and its impact on business success. Covering key topics such as forecasting, procurement, and negotiation, the course equips participants with essential skills to optimize operations and make informed business decisions.
Learn key concepts, processes, and best practices to optimize operations, reduce costs, and improve efficiency.
Course Content
- Introduction to Supply Chain Management
- Understanding the Basic Components of SCM
- Analysing the Importance of SCM for Businesses
- SCM Forecasting and Planning
- Effective Planning
- Minimizing Wrong Decision Making for Businesses
- Resource Optimization
- The Purchasing Function in Business
- Effective Sourcing
- Types of Purchasing
- Procurement Process & Terminologies
- Basics of Procurement Negotiations
- Negotiation Styles, Techniques & Stages
- The Key to Becoming a Good Negotiator
