What You Can Expect From This Seminar
If you want to reduce supplier lead times by 50%, cut the cost of purchased
material by 40 %, improve the quality of purchased materials by 70 %, and
improve on-time deliveries by 80 %, then attend this advanced seminar.
Purchasing is the hot spot that makes the lean supply chain work through lean
supplier operations, lean logistics, availability of on- time material to your
plant, and shortened delivery responses to your customers. Lean purchasing is
not about doing old things better; it’s about doing new things to stay
competitive.
-Michael Harding, C.P.M., CPIM, Seminar Leader
These hours may be applied toward National Association of Purchasing
Management C.P.M. re-certification and/or A.P.P. reaccreditation program
requirements. NAPM’s consent to provide a program number for these educational
events is not an endorsement of these programs or their content by NAPM.
Seminar Content
Day 1
- Price
-How traditional practices boost purchase cost
- Accepting the lowest of three bids
- Comparing "prices paid" to a standard cost-and-budget estimate
- Multiple sourcing for "safety’s sake"
- Short-term buys/ monthly deliveries
- The curse of blanket orders
- Cost of an effective producer
- Delivery
-Assigning a dollar value to lead times
-How buyers can reduce lead times
- Inventory
-Cycle times/lead times
-The fallacy of inventory control
- Quality
-Preventing quality problems at the
Source
-Defining acceptable quality levels
-The purchase order
-Approaches to quality: sampling plans,
CpK
-Supplier certification: why it hasn’t been so
successful
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Day 2
- Sourcing Strategies
-Characteristics of a good supplier
-Outsourcing manufacturing/services
-Total productive maintenance and reliability-Centered maintenance (and how they affect
purchasing)
- Managing the Global Supply Chain
- Hazards/rewards of foreign sourcing
- New types of contracts
- Are partnerships right for your company?
- Reduced supplier base
- Specific areas of interest
-Purchasing for maintenance, repair, and
operating supplies
-Capital equipment purchases
-MRP (II), SAP, and the flexible manufacturer
-EDI, procurement cards, point-of-use deliveries
- Non-traditional measurements
-Why standard cost measures and purchase price
variances increase costs
-New measures to improve results
-Contribution to profit
-Implementing new rules, new tools
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Who Should Attend
Buyers, financial personnel, materials managers, operations managers,
presidents/VPs/operating officers, purchasing directors/managers, quality
managers, and supplier quality personnel
How to Get the Most from this Seminar
Bring an open mind; this is not your father’s purchasing seminar. Since this
seminar is about change, purchasing personnel might consider inviting some of
their contemporaries from other functions in the organization.
About the seminar leader:
Michael Harding has 30 years of international purchasing experience and
currently lectures and consults throughout the world. He has guest lectured at
M.I.T., Beijing Materials College, and numerous American universities. He is the
author of dozens of articles on materials management and the author of two
books: Profitable Purchasing and Purchasing. He is the former corporate manager
of JIT education and training for Digital Equipment Corporation and has worked
for GE and TRW. Harding holds degrees in law and an MBA in purchasing.
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