Plan the disposal or return route for obsolete and damaged stock in cost reduction return measurement.
Building Models to Measure Return on Investment from Cost Reduction Initiatives
A senior-level treatment of cost reduction return measurement, focused on what changes outcomes.
Course Overview
A supply chain is only as reliable as the least visible link inside cost reduction return measurement. Savings claimed on return measurement at signature are frequently lost during execution. Every module pairs a short input on this aspect of procurement and supply operations with structured practice on the participant's own material. The course gives participants a defensible structure for cost reduction return measurement and the judgement to adapt it. The result is the confidence to make and defend decisions about this strand of procurement and supply operations under scrutiny. The version of return measurement described in the manual and the version practised on the floor tend to diverge over time. The level assumes working familiarity with the supply function but no prior formal training in cost reduction return measurement. Practitioner evidence points the same way: return measurement improves fastest where responsibility for it is named and owned. It ends with a prioritised list of changes to the practice within procurement and supply operations that the participant is prepared to defend internally.
Expected Learning Outcomes
Measure procurement performance on return measurement beyond savings claimed.
Apply sustainability and ethical sourcing criteria to cost reduction return measurement.
Assess continuity risk in return measurement and build a proportionate mitigation.
Establish escalation routes for cost reduction return measurement that work outside normal hours.
Set a realistic target state for return measurement and a defensible route to it.
Communicate the purpose of cost reduction return measurement to those who have to comply with it.
Who Should Attend
Warehouse and stores managers operating cost reduction return measurement.
Newly appointed managers taking on return measurement for the first time.
Coordinators responsible for keeping records and documentation of cost reduction return measurement current.
Quality staff inspecting incoming material in return measurement.
Internal auditors examining controls over cost reduction return measurement.
Engineering and maintenance staff specifying requirements for return measurement.
Course Modules
Cost reduction return measurement: supplier evaluation, award and contract terms
2 sessions · 8 pointsSession 1Reviewing cost reduction return measurement when nothing has gone wrong
- Rank the weaknesses in cost reduction return measurement by consequence rather than by ease of fixing.
- Validate claimed savings on return measurement against actual invoiced spend.
- Identify single-source dependencies in cost reduction return measurement and cost the alternatives.
- Compare the cost of return measurement with the cost of its absence.
Session 2Laying out the warehouse around how return measurement actually moves
- Identify slow-moving and obsolete stock inside cost reduction return measurement and decide its fate.
- Map the handovers in return measurement between functions and secure them.
- Reduce the variation in how cost reduction return measurement is carried out between teams.
- Map the physical flow of return measurement through receiving, storage and dispatch.
Return measurement: controls, segregation and fraud prevention
2 sessions · 8 pointsSession 1Releasing working capital trapped in return measurement
- Rehearse the briefing on cost reduction return measurement that would follow an incident.
- Check the delivery terms and customs classification applied to return measurement.
- Define the trigger that would require cost reduction return measurement to be redesigned.
- Assess supplier financial health for critical elements of return measurement.
Session 2Reading the current state of return measurement honestly
- Estimate the resource cost reduction return measurement requires to run as designed.
- Decide what will be stopped to create capacity for return measurement.
- Set the review interval for cost reduction return measurement and who attends.
- Verify six months later that changes to return measurement have held.
Return measurement: sourcing strategy and market approach
2 sessions · 8 pointsSession 1Comparing return measurement with recognised practice
- Review the audit trail for the last three award decisions on cost reduction return measurement.
- Agree what will be standardised in return measurement and what will not.
- Write the specification for cost reduction return measurement so two suppliers would price it the same way.
- Identify the data already collected that bears on return measurement.
Session 2Evaluating suppliers on cost reduction return measurement beyond the lowest number
- Segment spend on cost reduction return measurement by value and supply risk before choosing an approach.
- Agree the escalation route when supply of return measurement is disrupted.
- Apply ethical and environmental criteria to supplier selection in cost reduction return measurement.
- Set the stock count cycle for return measurement and act on discrepancies.
Return measurement: measurement, savings validation and reporting
2 sessions · 8 pointsSession 1Writing a specification for return measurement suppliers can price accurately
- Identify where judgement in cost reduction return measurement is legitimate and where it is not.
- Establish who is informed, consulted and accountable in return measurement.
- Record what was learned when cost reduction return measurement did not go as planned.
- Confirm traceability from supplier to point of use for return measurement.
Session 2Making supplier performance on return measurement mean something
- Review whether inventory policy on cost reduction return measurement still matches actual demand.
- Verify segregation between requisition, approval and receipt in return measurement.
- Set the consequence for failing service levels on cost reduction return measurement, and apply it.
- Define acceptance criteria for return measurement in advance.
Choose the package that suits you
Silver Package
At least 3 people
- 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
Gold Package
At least 3 people
- 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
Complete your registration
We will contact you within one business day to confirm.