Procurement and Supply Chain Management in the Healthcare Sector


Course Info

Code PO1-119

Duration 5 Days

Format In-House On-Demand

Summary

Effectively managing procurement in the medical supply chain is essential to meeting patient needs, securing sufficient supplies, and reducing costs. There are a variety of related and hidden costs that can result from external risks and demand variability.


This course provides you with a focus on supply chain management specific to the requirements and challenges of the healthcare sector. In addition to analysing the process of procurement and strategies to support effective procurement, you will master the necessary knowledge and tools to improve your organisation’s performance and profitability.


  • Understand the procurement cycle and how to build productive relationships with suppliers.
  • Develop proficient negotiation skills through mastering the negotiation cycle, creating practical sales level agreements, and minimising related costs.
  • Cultivate the expertise to effectively manage your inventory.
  • Examine how to evaluate performance at multiple levels in your supply chain through meaningfully designed KPIs.
  • Leverage the process of continuous improvement to maximise your operational efficiencies, generate higher productivity levels, and increase profit margins.
  • Supply Chain Managers
  • Procurement, Material, and Warehouse Managers
  • Contract Managers

This course uses a variety of adult learning styles to aid full understanding and comprehension.

Participants will review case studies to highlight key areas of importance and possible areas for faults.

They will be supplied with the best tools required to carry out learning exercises to improve their skills. Participants will analyse the examples to gain a thorough understanding of how these skills, techniques and methods apply in the workplace.


Course Content & Outline

Section 1: Supply Chain in the Healthcare Sector
  • Review the principles and structure of supply chain management.
  • Discuss the merits and evolution of supply chain management.
  • Explore supporting technologies for supply chain.
  • Examine supply chain strategies and challenges.
  • Describe the new generation of supply chain: Supply Chain 4.0.

 

Section 2: The Process of Procurement
  • Define the procurement cycle and describe the 3 phases of procurement.
  • Discuss the types of procurement.
  • Examine the structure and value of supplier relationship management.
  • Describe methods to measure suppliers and purchasing performance.

 

Section 3: Negotiation and Contracts
  • Discuss the development of  stakeholder negotiation and contracts.
  • Examine the characteristics and process of negotiation.
  • Describe negotiation best practices and how to avoid common challenges.
  • Outline the management of contracts.

 

Section 4: Managing your Inventory
  • Explore key considerations in managing medical products.
  • Investigate inventory costs.
  • Describe aggregate inventory management.
  • Examine the importance of replenishment strategies and accurate inventory auditing.
  • Discuss technologies to manage warehousing and inventory.

 

Section 5: Continuous Process Improvement
  • Describe methods to measure overall supply chain performance.
  • Examine strategies for continuous process improvement.
  • Discuss how to monitor supply chain and procurement KPIs.
  • Outline the basics of the Lean and Six Sigma management techniques.
  • Review current trends in supply chain operations and technologies.
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