Review contracts and agreements for the obligations they create around economic order quantity models.
Building Economic Order Quantity Optimisation Models for Each Item
Turn economic order quantity models from a stated policy into a practice your organisation can evidence.
📍 Tripoli🗓️ 5 training days📚 4 modules🎓 Accredited certificate
5intensive training days
4scientific modules
8training sessions
32detailed points
Course Overview
Savings claimed on economic order quantity models at signature are frequently lost during execution. Warehouse performance on quantity models is decided by layout and discipline long before technology. Participants take away a working set of documents supporting this strand of procurement and supply operations, ready to be adapted internally. It is pitched for practitioners with responsibility for economic order quantity models, not for observers of it. The version of the procurement and supply operations capability described in the manual and the version practised on the floor tend to diverge over time. Cases are chosen to expose the trade-offs in quantity models rather than to illustrate ideal conditions. This programme builds economic order quantity models from first principles, without padding and without omitting what matters. Mature organisations treat quantity models as a standing capability rather than a project that finishes. Participants finish with a short, specific brief on the wider procurement and supply operations agenda ready to put in front of a decision maker.
Expected Learning Outcomes
Present the case for investment in quantity models in terms that a finance function will accept.
Design contract terms for economic order quantity models that make performance measurable and enforceable.
Reduce the working capital tied up in quantity models without creating stock-outs.
Define the scope and boundaries of economic order quantity models so that responsibility for it is unambiguous.
Build the approval and segregation controls preventing procurement fraud in quantity models.
Measure procurement performance on economic order quantity models beyond savings claimed.
Who Should Attend
Logistics and distribution staff moving material in economic order quantity models.
Quality staff inspecting incoming material in quantity models.
Project and programme managers whose delivery depends on economic order quantity models.
Procurement and contracting staff whose agreements set obligations around quantity models.
Supplier relationship managers developing partners in economic order quantity models.
Supply chain planners forecasting demand for quantity models.
Course Modules
Economic order quantity models: inventory policy and working capital
2 sessions · 8 pointsSession 1The approval control on economic order quantity models that prevents fraud
- Assign responsibility for keeping documentation of economic order quantity models current.
- Define the trigger that would require quantity models to be redesigned.
- Review the audit trail for the last three award decisions on economic order quantity models.
- Build the internal briefing that explains quantity models to those affected.
Session 2Where quantity models typically breaks, and why
- Review whether inventory policy on economic order quantity models still matches actual demand.
- Check the delivery terms and customs classification applied to quantity models.
- Identify where judgement in economic order quantity models is legitimate and where it is not.
- Calculate reorder point and safety stock for each item in quantity models.
Quantity models: measurement, savings validation and reporting
2 sessions · 8 pointsSession 1Choosing the right sourcing approach for quantity models
- Confirm that those complying with economic order quantity models understand why it exists.
- Segment spend on quantity models by value and supply risk before choosing an approach.
- Negotiate payment terms on economic order quantity models without pushing suppliers into distress.
- Prepare the response for the most likely failure in quantity models.
Session 2Building lasting competence in quantity models
- Agree the indicators that will show whether economic order quantity models is improving.
- Define acceptance criteria for quantity models in advance.
- Identify single-source dependencies in economic order quantity models and cost the alternatives.
- Review whether quantity models is aligned with the objectives of the supply function.
Quantity models: supplier performance and relationship management
2 sessions · 8 pointsSession 1Writing a specification for quantity models suppliers can price accurately
- Verify six months later that changes to economic order quantity models have held.
- Test the procedure for quantity models against a realistic scenario.
- Set the stock count cycle for economic order quantity models and act on discrepancies.
- Set the consequence for failing service levels on quantity models, and apply it.
Session 2The cost of economic order quantity models and how to present it
- Set the review interval for economic order quantity models and who attends.
- Define measurable service levels in the contract covering quantity models.
- Evaluate economic order quantity models on total cost of ownership across the full life.
- Assess supplier financial health for critical elements of quantity models.
Quantity models: sourcing strategy and market approach
2 sessions · 8 pointsSession 1Proving the savings claimed on quantity models were real
- Apply ethical and environmental criteria to supplier selection in economic order quantity models.
- Establish what evidence demonstrates quantity models is under control.
- Check that records of economic order quantity models answer the questions likely to be asked.
- Identify slow-moving and obsolete stock inside quantity models and decide its fate.
Session 2Evaluating suppliers on quantity models beyond the lowest number
- Compare the cost of economic order quantity models with the cost of its absence.
- Estimate the resource quantity models requires to run as designed.
- Validate claimed savings on economic order quantity models against actual invoiced spend.
- Map the physical flow of quantity models through receiving, storage and dispatch.
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USD1,250
- Workshop or Program Participation
- Airport Transfers
- Customized Badge
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- Supervision & Secretarial Services
- Accredited Certificate of Participation
- Complete Training Kit
- Coffee Break
- Closing Ceremony
Gold Package
At least 3 people
USD1,850
- 5-night stay in a 5-star hotel
- Workshop or Program Participation
- Airport Transfers
- Customized Badge
- Expert Mentorship (Private Sessions)
- Supervision & Secretarial Services
- Accredited Certificate of Participation
- Complete Training Kit
- Coffee Break
- Closing Ceremony
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