Lean Purchasing Course
Reduce Inventory 35-50%
Lean Purchasing is designed to reduce purchased material inventory by 35-50%, improve company cash flow, improve material availability and achieve on time supplier delivery. Covered in the presentation is a step-by-step program to analyze a company’s procurement processes to move to a consumption based World Class procurement model.
During the course a detailed Lean Purchasing implementation plan is outlined from assessing the current supply chain state to a best practice supply chain model.
SUPPLY CHAIN ASSESSMENT
Review of the current state supply chain business practices, processes and operating metrics. Areas reviewed:
* Number of suppliers
* On time supplier delivery
* Past due purchase orders for purchased material
* A-B-C analysis of purchased items
* Buyer setup by value stream/commodity
* Current lead times by commodity/supplier
* Current ordering patterns
LEAN PURCHASING IMPLEMENTATION
Areas covered to develop a Lean Purchasing implementation plan:
* Review of supplier candidates for Kanban and consignment inventory planning
* Supplier packet for consignment planning
* Detailed mechanics of Kanban/pull
* Supplier packet for Kanban planning
* Supplier scorecard development
* Creation of World Class supply chain metrics
Benefits:
* Inventory reduction 35-50%
* On time supplier delivery 95-98%
* Purchased material lead times 5-10 days
RECOMMENDED AUDIENCE – This course is designed to activate a Lean Purchasing procurement model. The session is recommended for: Vice President Operations, Materials Managers, Supply Chain Managers, Procurement professionals and Manufacturing supervision.