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ISP TrainingsInnovative Special Projects

Inventory Management for Small and Medium Enterprises

3 days|Delivered on request

Inventory Management for Small and Medium Enterprises takes the discipline and works it through the constraints of this operating context, including inventory optimisation, tender evaluation and the compliance obligations that come with it. The sector framing is necessary because procurement decisions are now audited for process as closely as for price, and generic training rarely survives contact with the local rules. Delegates leave able to work confidently with category management, ethical sourcing and supplier development in their own organisation.

What delegates leave able to do

  • Improve category management within their own organisation, measured against ISO 20400 on sustainable procurement
  • Explain ethical sourcing to someone who does not do the work
  • Put supplier development on a footing they can defend to a reviewer
  • Make a decision about supplier relationship management without waiting for a specialist

What the course covers

  • Inventory optimisation
  • Tender evaluation
  • Category management
  • Ethical sourcing
  • Supplier development
  • Supplier relationship management
  • E-procurement systems

Who should attend

  • procurement managers
  • supply chain managers
  • sourcing specialists
  • supply chain analysts
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