STRATEGIC SOURCING AND SUPPLIER MANAGEMENT ( 2 DAYS)
By Mr. Stephen Kum
25 & 26 November 2019, 9:00 am to 5:00 pm
Kuala Lumpur
(100% Claimable From HRDF/PSMB)
COURSE OUTLINE :-
  1. SOURCING AND OUTSOURCING LIFE CYCLE
    • The four objective phases flow
    • The three segmented rationale
    • The make or buy strategic decision
  2. UNDERSTANDING THE STRATEGIC FACTORS OF A FIRM
    • Core competency and supplier dominance
    • Strategic vulnerabilities and vertical integration
    • Product development and lean management
  3. ENVIRONMENTAL SCANNING AND ANALYSIS IMPLICATION
    • SWOT matrix of strength and weakness
    • PORTER’s five forces of competitive strategy
    • GROVE’s six models of paranoid survival
  4. THE SEVEN DANGER ZONES OF SOURCING PRACTICES
    • Internal and external threats
    • Security monitoring deviation
    • Disclosure of confidential data
  5. STRATEGIC SOURCING PRINCIPAL STAGES AND SEQUENCES
    • Discovery and Evaluation
    • Selection and Development
    • Monitoring and control
  6. UNIVERSAL NEGOTIATION AND COMPETITIVE BIDDING
    • Justification of appropriate situation
    • Prevalence of bidding or negotiation usage
    • Differentiation of soft and hard bargaining
  7. SELECTION OF SINGLE OR MULTIPLE SOURCING
    • Cost and quality consideration
    • Freight and logistics precaution
    • Interdependency and risk apportion
  8. THE SUPPLIER SUPPLY MANAGEMENT SYSTEM
    • The seven supplier evaluation steps
    • The six supplier development project flow
    • The twelve supplier relationship barriers
  9. EMPOWERMENT MANAGEMENT TOOLS IN SOURCING
    • The VE and VA analysis techniques
    • The Krajic’s procurement matrix
    • The waste elimination performance
  10. ETHICAL CONSIDERATION AND IMPLICATION
    • Conflicting and Collusion vulnerability
    • Loyalty and reciprocity versatility
    • Standard and codes variability
Your Trainer

Mr. Stephen Kum (MBA, USA) is a fellow of The Institute of Freight Association, The Institute of Logistics & Transport, The Institute of Business Administration. Former Vice Chairman of the Persatuan Logistik Selangor and co-founder of Global Logistician Network.

He has more than 30 years of hands-on experience in the fields of international trade, global procurement, freight operation, logistics and supply chain management. His consultancy expertise relates to Incoterms execution, trade documentation, suppliers development, shipping risks and export strategies.

He was the Managing Director of a global logistics provider with network in UK, USA and Australiasia. Held various contractual senior positions as Country Manager of Esprit Shipping (HK), Sales Director with Karl Schroff Associates (US) and Business Development Manager with Port Cargo International (UK). Associated with Cambridge International College as their Training Consultant, Program Examiner with Durham Logistics College and Resident Consultant with TPL Global Chains Management.

He has been involved in corporate training and executives development since 2002 for national corporation ( DRB,TNB, MAHB, etc) multinational companies (Mitsubishi Corp, British American Tobacco, Alstom Power, etc) market leaders (Goodyear, Hitachi, Siemens, etc) academy of learning and development (OCBC Trade Academy, Boustead Naval Academy, etc). His embassy clientele includes trade divisions of Nigerian Embassy, Sudan Embassy and Royal Thai Embassy in Kuala Lumpur. He has developed Shipping programs for Institute Technology Multimedia, Logistics program for Sentral City Institute, Freight management program for PSNB and Open University Malaysia. Developed post graduate courses in Supply Chain Management for Camden University and Export Management for Metropolitan University organized from Kuala Lumpur.

Course Fee
(Course fee is inclusive of 2 tea breaks, lunch, course material,Certificate of Attendance)
1 person ~ RM 1378 / pax
2 persons or more ~ RM 1272/ pax
(Course fee is inclusive of 2 tea breaks, lunch, course material, Certificate of Attendance and 6 % Service Tax )
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