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Course Code: PSCO 3281
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Global Best Practices in Purchasing, Supply, Demand, And Inventory Management
Course Sector:
Procurement & Supply Chain Operations
Course Dates and Locations
Choose a date and location to book your seat
No.
Date
Days
Location
Fees
Enrollment
01
5 Days
Dubai, UAE $4,250
02
5 Days
Dubai, UAE $4,250
Introduction
Training course introducion / brief
In today's volatile and interconnected global economy, managing supply chains efficiently is more critical than ever. This advanced course is designed to provide professionals with an in-depth understanding of the latest global best practices in purchasing, supply management, demand planning, and inventory optimization.
Drawing on cutting-edge frameworks, digital innovations, and real-world case studies, the course empowers participants to improve procurement agility, enhance supplier collaboration, align demand and supply planning, and implement inventory strategies that drive cost efficiency and service excellence.
Whether navigating supply disruptions, integrating AI-based forecasting tools, or refining sourcing strategies, this course prepares participants to lead transformation across the entire value chain. Emphasis is placed on data-driven decision-making, sustainability, and risk mitigation aligned with global standards such as APICS, ISM, and CIPS.
Course Objectives
At the end of the training course, participants will be able to
- Apply global best practices in strategic sourcing, supplier evaluation, and contract management.
- Align supply and demand plans using integrated business planning (IBP) and S&OP frameworks.
- Utilize data analytics, AI, and machine learning in forecasting and demand sensing.
- Design inventory models that balance cost, service level, and supply variability.
- Improve procurement efficiency through automation and digital procurement platforms.
- Manage supply chain risks and disruptions through resilience-building strategies.
- Develop sustainable procurement and inventory practices aligned with ESG goals.
- Integrate cross-functional collaboration to drive end-to-end supply chain optimization.
Course Audience
Who is this course for, and can benefit the most
- Senior Supply Chain Managers and Directors
- Procurement and Purchasing Leaders
- Demand and Supply Planning Professionals
- Logistics and Inventory Control Specialists
- Operations and Production Managers
- Supply Chain Analysts and Consultants
- Professionals pursuing CPIM, CSCP, CPSM, or similar certifications
Course Outline
The course aims and learning outcomes
Strategic Procurement & Global Sourcing Best Practices
- The evolving role of procurement in the global value chain
- Strategic sourcing frameworks (Kraljic Matrix, TCO)
- Supplier segmentation and global supplier evaluation
- Procurement digitization and e-sourcing technologies
- Contract lifecycle management and negotiation excellence
- Supplier performance and development programs
Demand Planning and Forecasting Strategies
- Introduction to demand planning and its business impact
- Forecasting techniques: quantitative vs. qualitative
- Demand sensing and real-time analytics
- Collaborative forecasting with customers and sales
- AI/ML applications in demand forecasting
Supply Planning and Operations Alignment
- Supply planning fundamentals and supply constraints
- Master production scheduling (MPS) and capacity planning
- Materials Requirements Planning (MRP) best practices
- Vendor Managed Inventory (VMI) and collaborative planning
- Integrated Business Planning (IBP) vs. S&OP
- Managing supply disruptions and variability
Advanced Inventory Optimization and Control
- Inventory classification (ABC/XYZ, FSN, etc.)
- Replenishment models (EOQ, ROP, Min-Max, Just-in-Time)
- Inventory visibility and multi-echelon inventory optimization (MEIO)
- Inventory performance metrics: Inventory Turns, DSI
- Lean and agile inventory management practices
- Inventory accuracy and cycle counting methods
Risk, Sustainability, and Continuous Improvement
- Supply chain risk identification and mitigation frameworks
- Business continuity and crisis response strategies
- Sustainable sourcing and green supply chain initiatives
- ESG compliance and ethical sourcing
- Continuous improvement (Kaizen, Six Sigma in supply chain)
- Final group exercise: Supply Chain Diagnostic and Action Plan
Providers and Associations
Providing the best training services and benefits to our valued clients
Boost certificate of completion
BOOST's Professional Attendance Certificate “BPAC” is always given to the delegates after completing the training course, and depends on their attendance of the program at a rate of no less than 80%, besides their active participation and engagement during the program sessions.
ENDORSED EDUCATION PROVIDER
Flexible deadlines
Customized dates accordance to your schedule
Shareable Certificate
Earn certificate upon completion
COURSE METHODOLOGY
Our Training programs are implemented by combining the participants' academic knowledge and practical practice (30% theoretical / 70% practical activities).
At The end of the training program, Participants are involved in practical workshop to show their skills in applying what they were trained for. A detailed report is submitted to each participant and the training department in the organization on the results of the participant's performance and the return on training. Our programs focus on exercises, case studies, and individual and group presentations.
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