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SFE46 Fundamentals of Supply Chain Management

Duration: 2 Weeks

 

Course Objectives:

This course covers the basics of purchasing and supply chain management for the oil and gas industry, including international sourcing of equipment and materials, managing suppliers, procurement strategy and running tenders.

Who Should Attend

Any personnel involved purchasing in the oil and gas industry, including supply chain managers, purchasing managers and project managers.


Course Overview

- Definitions of Supply Chain
- Benefits of Supply Chain Management approaches
- Trends in Supply Chain Management
- International sourcing – risks and benefits
- Risk Management
- Cultural issues in international Business
- Sourcing of materials
- Procurement Processes and best practices
- Managing Suppliers
- Key Performance Measures
- International Contract Law including Incoterms
- Negotiating with suppliers and customers
- Customer requirements of supply chains
- Green Supply Chains and Corporate Social Responsibility
- Managing third party logistics suppliers
- Stock level control processes
- Sales, Operations and Procurement Planning
- Forecasting, lead times and budgeting
- Ethics and standards
- Action planning and change managemente

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