Lean Purchasing Essentials

"Yes, it gave me an idea on the other aspects of purchasing, inventories & attitudes towards discipline on work."
Roman Acero
Trans-Phil Builders

Many companies have turned to LEAN to find ways to reduce waste, manage inventory, and improve efficiency and lower their purchasing cost. These tools include Just-in-time techniques, total productive maintenance, quick response, flow analysis, value stream analysis, standardized work, and six-sigma quality methods. The lessons learned from LEAN can be applied to the purchasing function and result in the reduction of time, space and cost and accelerate the time required to convert an order into cash.

Register Now!

Pre-registration is required. Slots are limited so register Now!

Pre-registration is required. Slots are limited so register Now! You may also send an email to seminars@rmpconsultancy.com or call Chili or Lydes at 813-7824 or 810-7765 Mobile Nos: Smart 0939 627 3630 Globe 0915 799 9859

Objectives of the seminar:

At the end of the seminar the participants should be able to:

• Determine the total cost of ownership of inventory and choose the best supplier
• Apply effective techniques for locating, choosing, negotiating with, and managing suppliers
• Describe various Lean ways to see and reduce lead times, reduce cost, improve supplier quality, reduce raw materials inventory, and reduce product costs and resulting prices
• Prepare a Value Stream Map and analyze it using the LEAN concepts
• Apply the 5S and poka-yoke techniques to reduce waste and reduce cost

What you will Cover

• The Concept of LEAN and how it is applied to purchasing
• Lean Tools: 5S, Kaizen, JIT, 6 Sigma, Value Stream Mapping and Poka Yoke
• Calculating Economic Order Quantity and optimum re-order points
• Establishing safety stock levels
• Identifying, measuring and compressing cost drivers in your system with VSM
• Supplier-managed inventory
• The cost of quality
• The cost of poor quality and non-conformance
• Calculating the total cost of ownership
• Using 5S to lower purchasing costs
• Developing your supplier quality program
• Negotiating Skills for Purchasers
• Purchasing Ethics

Who Should Attend

• Purchasing and supply chain managers
• supervisors and staff,
• buyers, and
• other professionals seeking to make business more cost effective and competitive and improve profit margins.

Training Methodology

The seminar uses a combination of lectures, visual presentations, case studies and group discussions. More emphasis is placed on workshops to allow the participants to learn the material presented in a fun and easy manner.

Slots are limited so register Now!

Pre-registration is required. Slots are limited so register Now! You may also send an email to seminars@rmpconsultancy.com or call Chili or Lydes at 813-7824 or 810-7765 Mobile Nos: Smart 0939 627 3630 Globe 0915 799 9859

Venue

LI Training Room, 204 Languages Internationale Bldg, 926 Arnaiz Ave., Makati City, Philippines

Here's what they say about the seminar

"VMS helped me identify nature of work and sequence of work."
Alex B. Dalmacion
Trans-Phil Builders

"It changed my attitude towards how to own a business and I learned the do's and don'ts."
Oscar M. Sebello
Bangko Sentral ng Pilipinas

What you will Cover

• The Lean Management Philosophy
• Lean Thinking in Purchasing
• Elements of Effective Purchasing Management
• The Purchasing Processes
• The Cost of Conformance and Non-conformance
• Assessing the Impact of Inventory
• The Pareto Principle and the ABC Stratification of Inventory
• Annual Physical Counts and Cycle Counting
• Computing Economic Order Quantity (EOQ)
• 4 Ways to Compute Safety Stocks
• Collaborative Planning Forecasting and Replenishment (CPFR)
• The Bullwhip Effect
• Identifying, Measuring and Compressing cost drivers in your system
• How to create and Analyze a Value Stream Map
• Applying 5S to reduce purchasing Costs
• Strategies for Decreasing Transactional Costs
• Managing and Evaluating Vendors
• Vendor Managed Inventory (VMI)
• Multiple Sourcing vs Single Sourcing
• Negotiation Strategies in Purchasing

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