Proven Techniques of Lead Time Reduction in Advanced Procurement
Learn proven techniques for lead time reduction in advanced procurement to enhance supply chain efficiency and agility. Enroll Now!
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Skills you'll gain
Skills you'll build in this course
- Understand the principles of advanced procurement and its difference from transactional procurement.
- Identify and analyze different types of lead times within an organization, including procurement, manufacturing, and transportation lead times.
- Learn how to create a lead time reduction strategy using a structured template.
- Discover best practices for reducing lead times, including analyzing end-to-end processes and forming cross-functional teams.
- Understand the importance of building strategic partnerships with suppliers using a systematic evaluation approach.
- Explore various tools and technologies used for tracking lead times, such as SAP Ariba, Oracle SCM Cloud, ERP systems, and SRM portals.
- Learn about the role of blockchain and the Internet of Things (IoT) in optimizing lead times through enhanced visibility and traceability.
- Analyze a real-world case study of a company that successfully implemented lead time reduction initiatives.
Who is this Course for?
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Why learn with MANOJ YERMALKAR?
MANOJ YERMALKAR
A Fervent advocate for innovation and excellence in Supply Chain Management and Procurement. Thought leader with 30 years of working experience in various industries like Project, Pharma, Engineering etc as a Supply Chain Head. Passionate for creating smart, bespoke strategies in Purchasing and Procurement. Beyond my role of leading Supply Chain Function, I am deeply involved in mentoring and training professionals in the supply chain world through…
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