Building Effective Procurement and Logistics Policies
1Summary
A department can hire skilled buyers and still lose money if it has no written policy telling those buyers how to plan, negotiate or control risk consistently. Building Effective Procurement and Logistics Policies, from Arab British Fellowship Training Academy, treats policy – not individual talent – as the backbone that keeps procurement and logistics work consistent, defensible and aligned with company objectives.
The programme is built on the understanding that logistics management is the process of planning, organising, directing and controlling – efficiently and effectively – the flow and storage of goods, services and related information from origin to consumption, in order to meet customer requirements, and that this process is carried out today through integrated information systems and economies of scale. Participants examine why virtually every organisation, public or private, needs a documented policy framework governing this function.
2Objectives and target group
This Course is provided for the following Target Audience:
- Logistics managers, executive coordinators and material managers.
- Warehouse managers and warehouse staff supervisors.
- Supervisors and distribution managers.
- Directors and owners of large commercial and industrial companies responsible for setting policy.
- General managers in public and private companies.
By the end of the course, participants will be able to:
- Set purchasing and negotiation policies with suppliers that lower business costs.
- Set inventory monitoring and protection policies that keep purchasing and storage efficient.
- Define a policy for maintaining a steady flow of materials at a controlled stock level.
- Identify the administrative, organisational and material problems that good policy should address.
3Course Content
Module 1: The Case for Documented Procurement and Logistics Policy
- Why the logistics function emerged in enterprises, and its importance and objectives.
- The importance of the logistics function inside enterprises and institutions.
Module 2: Policy Foundations – What Policy Must Define
- The concept, definition and basics of logistics.
- The different types of logistics activity a policy needs to cover.
Module 3: Setting Policy for Materials and Inventory Control
- Regulatory procedures for inventory and inventory reports.
- Materials and inventory management policy, its importance, planning and effective control.
Module 4: Aligning Supply Chain Operations with Policy
- Supply chain management and its place within an organisation’s policy framework.
- How logistics services policy relates to the wider development of company work.
Module 5: Risk Policy – Assessment, Precautions and Compliance
- Risk and its importance in the business system, and methods of risk assessment.
- Precautions to take, and how risk connects directly to institutional policies and procedures.
- Certifying risk assessments, handling corruption-related risks, and choosing the right time to act.