Managing Supply Chain Risk and Performance Certificate Program

Procurement organizations are often responsible for managing thousands of parts that can be purchased from hundreds of suppliers. The large number of parts and suppliers makes it nearly impossible to manage each individual part. This is why procurement organizations relay upon stratification methods and other sorting methodologies to provide insights into GROUPS of parts. Using this approach allows purchasing professionals to focus on the important few parts while not wasting time on the trivial many parts.

The Component Criticality Matrix is a tangible, analytic tool that helps all purchasing professionals quantifiably determine how critical a part is to the overall enterprise. Once this is accomplished, special attention can be applied to manage the critical parts, their inventory levels and their impact on customer service.

Using provided templates, participants will learn how to build a Component Criticality Matrix and will execute real-time analytics in group labs on items within their specific purchasing ecosystem.

This course is not currently scheduled.

Today's progressive purchasing organization has transformed into a global sourcing operation. Companies must constantly seek-out the best suppliers that can produce consistent quality components. They must reliably provide them to their customers, at the lowest total cost, and with the fewest possible transactions.

This program provides participants with a framework and SPECIFIC tools for executing the new Supplier Process Engineer (SPE) role. New SPE's attending this program will learn methods for evaluating and proactively driving suppliers to higher levels of performance. Participants will be exposed to many technical tools and methodologies and will be challenged to experiment with them through realistic simulation-based scenarios. This is a fast-paced program that is comprehensive and detailed in its examples, methodologies, and discussions.

This course is not currently scheduled.

Failure Mode and Effects Analysis (FMEA) is a valuable tool originally created for preventing failure in both product and process design. Applied in the supply chain domain, FMEA can also be used to identify quality and delivery reliability risks derived from suppliers – safety systems, plant and equipment reliability and even once-in-a-lifetime events. In supply chain management, FMEA has proven a worthy tool when trying to clarify risks that suppliers create, especially in the context of lead-time, quality, and yield variations.

In product development, FMEA is not just a form to be completed by the responsible engineer after the design is complete. FMEAs should be planned to coincide with product development… when risks can be mitigated to an acceptable level in advance of product or process release.

This workshop follows a step-by-step method for conducting FMEAs following industry best practices. Participants will learn how to evaluate and realistically assess risks, and determine the levels of risk that trigger mitigation actions. Action plans derived from FMEAs, and methods to manage FMEA data for future use, are also covered in detail. Participants can expect team activities and relevant exercises in a dynamic, instructor-led, workshop format.

This course is not currently scheduled.

All manufacturing companies must produce products that: (1) customers want; (2) at a price they are willing to pay; (3) at an acceptable level of quality; and (4) with reliable delivery to customer sites. LEAN techniques and cultures have surely helped many manufacturers meet these customer expectations. But LEAN can help us do more… much more.

This program demonstrates specific LEAN management techniques used to improve manage supply chain risk, improve supplier performance and delivery performance, solve specific supplier dysfunctions, and systematically drive supplier prices down. Many of these techniques are modified from tools typically used to improve factory performance.

For example, Capability Analysis was originally designed to provide an early warning indicator that indicates something has changed in a particular production process… before that something has an opportunity to destroy quality. Applying this tool to a supplier’s factory (that makes your components), yields IMMENSE benefits in predicting quality and timeliness of inbound supply to support your factory’s production needs.

Participants will learn about and apply the more important and appropriate LEAN tools to help predict and reduce supply chains risks. Participants will also develop a priority plan for the selection of LEAN tools to suit their particular supplier risk profiles. Technical, organizational, cultural and behavioral impediments to supplier risk management will also be addressed so that participants can return to their respective companies and begin implementation of these techniques immediately.

This course is not currently scheduled.