Supply Chain Management

Nearly 40% of every dollar that runs through an organization is materials. However, the industry needs to pay more attention to the supply chain because the risk is in the labor rather than the materials. This session will explore how to leverage your supply chain better to not only drive down material prices and costs associated with the "ing's" of finding, buying, invoicing, payment, shipping, handling, etc., but also how to drive improvements in labor productivity through more effective use of your supply chain. Participants ·will explore basic supply chain principles, purchasing contracts, vendor-managed inventory, consignment, full-blow supply chain mechanics, and material requirements planning software and systems. 

What You Will Learn

• Understand the economics of materials and their impact on productivity and profitability
• Understand supply chain terminology and key concepts
• Evaluate options for improving your own supply chain
• Understand the impact of the material requirements planning system

Target Audience

Project administrators, project engineers, project managers, project executives, group/branch executives, purchasing managers, corporate executives, and owners

Instructor

Stephane McShane, Maxim Consulting Group