Draw practical lessons from failures in multi-source supply strategy without assigning blame that suppresses reporting.
Designing Multi-Source Supply Strategies to Reduce Dependence
Develop the judgement and the documentation needed to run multi-source supply strategy properly.
Course Overview
Warehouse performance on multi-source supply strategy is decided by layout and discipline long before technology. Most procurement disputes about this part of procurement and supply operations originate in a specification written too quickly. Participants who influence this strand of procurement and supply operations without directly controlling it will find the content directly usable. Moving multi-source supply strategy from written policy into daily practice is not achieved by a single decision. The teaching approach is deliberately practical: participants build a sourcing procedure for this part of procurement and supply operations as they go. The programme converts the procurement and supply operations capability from an area of general awareness into a set of repeatable practices. The result is the confidence to make and defend decisions about multi-source supply strategy under scrutiny. Benchmarking exercises repeatedly place this part of procurement and supply operations among the areas with the widest performance spread. Work concludes with a self-assessment of the wider procurement and supply operations agenda that participants can repeat annually.
Expected Learning Outcomes
Write a specification for multi-source supply strategy that suppliers can price without guessing.
Evaluate suppliers for multi-source supply strategy on total cost of ownership, not unit price.
Build a supplier performance regime covering multi-source supply strategy with real consequences.
Integrate multi-source supply strategy into existing management routines rather than running it separately.
Align multi-source supply strategy with the wider objectives of the supply function rather than optimising it in isolation.
Reduce the working capital tied up in multi-source supply strategy without creating stock-outs.
Who Should Attend
Internal auditors examining controls over multi-source supply strategy.
Supply chain planners forecasting demand for multi-source supply strategy.
Logistics and distribution staff moving material in multi-source supply strategy.
Department heads accountable for the results of multi-source supply strategy.
Coordinators responsible for keeping records and documentation of multi-source supply strategy current.
Engineering and maintenance staff specifying requirements for multi-source supply strategy.
Course Modules
Multi-source supply strategy: supplier evaluation, award and contract terms
2 sessions · 8 pointsSession 1Moving multi-source supply strategy from approval to execution
- Evaluate multi-source supply strategy on total cost of ownership across the full life.
- Segment spend on multi-source supply strategy by value and supply risk before choosing an approach.
- Collect evidence on the present handling of multi-source supply strategy before proposing changes.
- Check the delivery terms and customs classification applied to multi-source supply strategy.
Session 2The approval control on multi-source supply strategy that prevents fraud
- Confirm traceability from supplier to point of use for multi-source supply strategy.
- Benchmark the organisation's multi-source supply strategy against comparable operations.
- Calculate reorder point and safety stock for each item in multi-source supply strategy.
- Review the audit trail for the last three award decisions on multi-source supply strategy.
Multi-source supply strategy: controls, segregation and fraud prevention
2 sessions · 8 pointsSession 1Documentation and customs treatment for multi-source supply strategy
- Verify segregation between requisition, approval and receipt in multi-source supply strategy.
- Identify where judgement in multi-source supply strategy is legitimate and where it is not.
- Validate claimed savings on multi-source supply strategy against actual invoiced spend.
- Map the handovers in multi-source supply strategy between functions and secure them.
Session 2Releasing working capital trapped in multi-source supply strategy
- Identify single points of dependency in multi-source supply strategy and reduce them.
- Map the physical flow of multi-source supply strategy through receiving, storage and dispatch.
- Define measurable service levels in the contract covering multi-source supply strategy.
- Arrange the handover of multi-source supply strategy so capability survives staff changes.
Multi-source supply strategy: supplier performance and relationship management
2 sessions · 8 pointsSession 1The single point of failure inside multi-source supply strategy
- Prepare the summary of multi-source supply strategy that senior management will read.
- Agree the escalation route when supply of multi-source supply strategy is disrupted.
- Define acceptance criteria for multi-source supply strategy in advance.
- Distinguish symptoms from causes when multi-source supply strategy underperforms.
Session 2What has to be agreed before work on multi-source supply strategy starts
- Set out the decisions in multi-source supply strategy that require sign-off and by whom.
- Record what was learned when multi-source supply strategy did not go as planned.
- Assess supplier financial health for critical elements of multi-source supply strategy.
- Confirm that contractual obligations around multi-source supply strategy are understood.
Multi-source supply strategy: sourcing strategy and market approach
2 sessions · 8 pointsSession 1Testing multi-source supply strategy before relying on it
- Establish the boundary of multi-source supply strategy and record what sits outside it.
- Name a single owner for each element of multi-source supply strategy.
- Set the review interval for multi-source supply strategy and who attends.
- Review whether inventory policy on multi-source supply strategy still matches actual demand.
Session 2Choosing the right sourcing approach for multi-source supply strategy
- Set the stock count cycle for multi-source supply strategy and act on discrepancies.
- Compare the cost of multi-source supply strategy with the cost of its absence.
- Identify slow-moving and obsolete stock inside multi-source supply strategy and decide its fate.
- Identify single-source dependencies in multi-source supply strategy and cost the alternatives.
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
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