Inventory tied up in shipping and logistics cost reduction is capital the organisation cannot use elsewhere. Savings claimed on cost reduction at signature are frequently lost during execution. Every module pairs a short input on this area of procurement and supply operations with structured practice on the participant's own material. It is appropriate for those preparing to take on wider responsibility for shipping and logistics cost reduction. The programme converts the practice within procurement and supply operations from an area of general awareness into a set of repeatable practices. Progress on cost reduction is usually lost in the gap between approval and execution. Post-incident reviews keep identifying weaknesses in shipping and logistics cost reduction that were visible long before the incident. They acquire practical criteria for judging when cost reduction is working and when it is only appearing to. Participants leave with a plan for this strand of procurement and supply operations sized to what their organisation can realistically absorb.
Expected Learning Outcomes
✓
Segment spend on shipping and logistics cost reduction and apply a sourcing strategy proportionate to risk and value.
✓
Translate policy on cost reduction into procedures that hold up under day-to-day pressure.
✓
Prepare the audit trail for every award decision under shipping and logistics cost reduction.
✓
Assess the current state of cost reduction against a structured set of criteria rather than impressions.
✓
Verify that improvements to shipping and logistics cost reduction have held six months after they were introduced.
✓
Apply the correct customs, international delivery terms and documentation treatment to cost reduction.
✓
Write a specification for shipping and logistics cost reduction that suppliers can price without guessing.
Who Should Attend
✓
Warehouse and stores managers operating shipping and logistics cost reduction.
✓
Supplier relationship managers developing partners in cost reduction.
✓
Public sector officials applying shipping and logistics cost reduction within a regulated framework.
✓
Department heads accountable for the results of cost reduction.
✓
Engineering and maintenance staff specifying requirements for shipping and logistics cost reduction.
✓
Procurement and category managers responsible for cost reduction.
Course Modules
Open any module to see its sessions and topics.
01
Shipping and logistics cost reduction: customs, documentation and cross-border movement
2 sessions · 8 points
Session 1Proving the savings claimed on shipping and logistics cost reduction were real
Review whether inventory policy on shipping and logistics cost reduction still matches actual demand.
Define measurable service levels in the contract covering cost reduction.
Identify single-source dependencies in shipping and logistics cost reduction and cost the alternatives.
Identify single points of dependency in cost reduction and reduce them.
Session 2Making supplier performance on cost reduction mean something
Check that shipping and logistics cost reduction still works when volumes rise unexpectedly.
Set the consequence for failing service levels on cost reduction, and apply it.
Agree the indicators that will show whether shipping and logistics cost reduction is improving.
Agree the escalation route when supply of cost reduction is disrupted.
02
Cost reduction: measurement, savings validation and reporting
2 sessions · 8 points
Session 1Closing out cost reduction and capturing what was learned
Validate claimed savings on shipping and logistics cost reduction against actual invoiced spend.
Confirm that reporting on cost reduction reaches the people who can act.
Set out how exceptions to shipping and logistics cost reduction are requested and approved.
Apply ethical and environmental criteria to supplier selection in cost reduction.
Session 2The approval control on cost reduction that prevents fraud
Distinguish symptoms from causes when shipping and logistics cost reduction underperforms.
Write down the assumptions underpinning the approach to cost reduction.
Plan the sequence in which improvements to shipping and logistics cost reduction will be introduced.
Set the stock count cycle for cost reduction and act on discrepancies.
03
Cost reduction: sourcing strategy and market approach
2 sessions · 8 points
Session 1The single point of failure inside cost reduction
Confirm that contractual obligations around shipping and logistics cost reduction are understood.
Evaluate cost reduction on total cost of ownership across the full life.
Prepare the response for the most likely failure in shipping and logistics cost reduction.
Confirm traceability from supplier to point of use for cost reduction.
Session 2The decisions in shipping and logistics cost reduction that cannot be delegated
Draft the minimum viable sourcing procedure for shipping and logistics cost reduction.
Write the specification for cost reduction so two suppliers would price it the same way.
Estimate the resource shipping and logistics cost reduction requires to run as designed.
Set the review interval for cost reduction and who attends.
04
Cost reduction: specification, requirement and demand
2 sessions · 8 points
Session 1Who answers for cost reduction, and to whom
Calculate reorder point and safety stock for each item in shipping and logistics cost reduction.
Map the physical flow of cost reduction through receiving, storage and dispatch.
Check the delivery terms and customs classification applied to shipping and logistics cost reduction.
Check that records of cost reduction answer the questions likely to be asked.
Session 2Laying out the warehouse around how cost reduction actually moves
Segment spend on shipping and logistics cost reduction by value and supply risk before choosing an approach.
Set escalation thresholds for cost reduction that work out of hours.
Verify segregation between requisition, approval and receipt in shipping and logistics cost reduction.
Verify six months later that changes to cost reduction have held.
Choose the package that suits you
Silver Package
At least 3 people
USD1,250
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
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
Complete your registration
We will contact you within one business day to confirm.
