Who Should Attend?

• Procurement and supply chain staff in companies and institutions.

• Managers of logistics and operations departments in industrial and service sectors.

• Professionals working in warehouse and storage management.

• Individuals interested in developing their skills in supply and inventory management to achieve higher operational efficiency.

Knowledge and Benefits:

After completing the program, participants will be able to master the following:

• Understand the fundamental concepts of procurement, demand, and inventory management.

• Grasp the key principles that govern decision-making in purchasing and requirements planning.

• Apply effective methodologies for organizing supply operations and minimizing waste.

• Identify the relationship between operational efficiency and inventory level control.

• Differentiate between tools and practices used in procurement and inventory management according to best practices.

• Institutional Procurement Concepts

  • Definition and objectives of procurement within organizations.

  • Difference between operational and strategic purchasing.

  • The relationship between procurement and other departments.

• The Traditional Procurement Cycle

  • Identifying needs and analyzing demand.

  • Selecting suppliers and issuing purchase orders.

  • Receiving materials and evaluating performance.

• Contracting and Supply Strategies

  • Types of contracts in procurement.

  • Supplier negotiation and bid evaluation.

  • Local vs. international purchasing policies.

• Organizational Demand Analysis

  • Sources of demand forecasting.

  • Differences between stable and variable demand.

  • The role of historical data in demand forecasting.

• Supply Planning Systems

  • Inventory-based demand models.

  • Material Requirements Planning (MRP).

  • Scheduling for demand fulfillment.

• Challenges in Supply Management

  • Delivery delays and their operational impact.

  • Adapting to market fluctuations.

  • Coordination between procurement, storage, and production.

• Components of the Supply Chain

  • Suppliers, manufacturers, distributors, and customers.

  • Flow of information and goods.

  • Importance of integration among stakeholders.

• Supplier Selection Criteria

  • Quality and reliability.

  • On-time delivery capabilities.

  • Compliance with commercial and contractual terms.

• Supply Risk Management

  • Identifying vulnerabilities within the supply chain.

  • Developing contingency plans for supply continuity.

  • Periodic evaluation of supply chain performance.

• Fundamentals of Inventory Management

  • Types of inventory: raw materials, work-in-progress, finished goods.

  • Difference between periodic and perpetual inventory systems.

  • The role of inventory in supporting operational activities.

• Inventory Control Techniques

  • Minimum stock and reorder point systems.

  • ABC classification method.

  • Manual and electronic inventory systems.

• Inventory-Related Costs

  • Storage and maintenance costs.

  • Stockout and ordering costs.

  • Balancing availability with cost minimization.

• Integration Between Procurement, Supply, and Inventory

  • Importance of information flow across units.

  • Automation of processes for seamless operations.

  • ERP systems as integrated solutions.

• Performance Indicators in Supply Management

  • Measuring delivery accuracy and material availability.

  • Indicators for purchasing efficiency and inventory cost.

  • The role of data analytics in performance improvement.

• Modern Trends in Procurement and Storage

  • E-procurement and supplier platforms.

  • Smart warehouses and digital intelligence applications.

  • Environmental sustainability in supply and storage management.