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Streamlining Your Procurement Process

Learn how to review and improve your supply management processes and turn your procurement area into a profit center.

Supply management is a critical component of an organization's supply chain management success. New ideas, software, and concepts evolve constantly, and supply management cannot afford to miss these opportunities. Their role is too strategic. The supply area involves many different processes that have significant impact on their organization's sustaining core competencies and critical success factors, selecting suppliers, developing internal and external relationships, meeting cost reduction goals, etc. Having the most effective and efficient supply processes requires a periodic detailed review of activities and tasks, the identification of non-value added steps, the recognition of new technologies and ideas, and the implementation of new ways to do old things. This topic promises to motivate you to carve out the time to explore how you can do things better and smarter using new methods and technology. Through streamlining, supply personnel can continue to accomplish more using fewer resources.

Runtime: 94 minutes
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Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

The Importance of a Periodic Review of the Supply Management Department, Processes, and Interactions

  • Skill Sets and Knowledge
  • Technology Requirements
  • Strategic Sourcing and Supply Base Management
  • Supply Chain Management Opportunities
  • Transactional Management

Supply Management Processes

  • Purchase Order Management
  • Supplier Selection, Evaluation, Management, and Development Processes
  • Internal Customer Management

New Ideas for Old Ways

  • Procure-To-Pay
  • Blockchain
  • Artificial Intelligence
  • Role of Procurement in Today's Global Environment
  • The Schedule for Process Check Ups
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More Program Information

Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

This course was last revised on June 24, 2020.

Call 1-866-352-9540 for further credit information.

  • ISM 1.5
     
  • Participants who successfully complete this program will receive 1.5 hours of continuing education. They may be applied toward ISM CPSM, CPSD or C.P.M. recertification. ISM's consent to approve hours for this educational event is not an endorsement of this program or its content by ISM.
     

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

MP3 Download

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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More Program Information

Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Marilyn Gettinger

Marilyn Gettinger

New Directions Consulting Group

  • Owner of New Directions Consulting Group
  • Developer and presenter of programs that educate participants on how to improve supply and logistics processes
  • Has been teaching logistics including exporting and importing for Union and Middlesex County Colleges as well as for the County College of Morris for several years
  • Her global and supply chain courses have also been brought in house in organizations and has presented for several of the big freight forwarding companies located in the New Jersey area
  • Her supply chain management programs include a focus on global sourcing and logistics along with the successful management of the importing and exporting processes
  • Has spoken on capturing total landed costs in a global environment at conferences held by the Association of Supply Chain Management (APICS)
  • Conducts regular seminars and workshops on supply chain management including logistics, supply management logistics, inventory management, importing and exporting
  • Author of Supply Chain Management and Total Cost of Ownership
  • Member of APICS and Director of Education of the Institute for Supply Management-New Jersey Affiliate
  • Can be contacted at 908-709-0656 or [email protected]
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Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

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Product ID: 407588
Published 2020
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