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HOUSTON Sep 2-6,2013

Purchasing and Supply Management (PSM). HOUSTON Sep 2-6,2013. General Objective. Purchasing and Supply Management (PSM ):

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HOUSTON Sep 2-6,2013

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  1. Purchasing and SupplyManagement (PSM) HOUSTON Sep 2-6,2013

  2. General Objective Purchasing and Supply Management (PSM): On average, it is estimated that purchasing function spends about 60 percent of a organization’s revenue. Good purchasing and supply management can greatly improve the ROI, productivity, profitability and customer satisfaction. As a function, purchasing department works closely with all other entities and departments of an organization. This seminar will provide an overview of basic issues, methods, and problems of purchasing and supply management. A good supplier management practice not only enhances supply chain and operational performance in terms of cost, quality, and lead time improvements, but can lead to strategic successes in terms of new product development and innovation in the long run. The continued global sourcing and global trade makes effective purchasing and supply management (PSM) critical to the success of all organizations. TECNOLOGICO DE MONTERREY HOUSTON

  3. General Objective • Upon completion of this course, students are expected to: • Develop a framework formanagerial, administrative, strategic and tactical aspects of the purchasing function • Build good critical-thinking skills related to purchasing and supplier management which are a central piece to supply chain management • Develop a framework necessary for the pertinent issues in purchasing management for both the goods and services business sectors. TECNOLOGICO DE MONTERREY HOUSTON

  4. Benefit The topics and techniques covered in this course are applicable to a wide variety of companies that may belong to manufacturing or service-based industries.

  5. Visits TECNOLOGICO DE MONTERREY HOUSTON

  6. Instructor Dr. Rupak Rauniar Dr. RupakRauniar is aprofessorof strategic management and operations and supply chain management in the School of Business Administration at the University of Houston-Victoria. He received his PhD in manufacturing management and engineering, and an MBA in strategic management from the University of Toledo in Ohio. He also holds a bachelor's degree in computer science and engineering from Birla Institute of Technology in India. Prior to joining the faculty in the School of Business at UHV in 2010, Dr. Rauniar taught various business courses in both undergraduate and graduate levels at Jackson State University in Mississippi, and the University of St. Thomas in Houston. His research interests are primarily in e-commerce and information systems, new product development and project management, and knowledge integration. His significant research publications have appeared in the Decision Sciences Journal,Journal of Business and Behavioral Science,Journal of e-commerce Research, International Journal of Electronic Business, International Journal of Operations and Production Management,International Journal of Production Economics, and Journal of Information and Knowledge Management. Dr. Rauniar was the recipient of the highly regarded Saint Edith Stein Excellence in Research Award in 2010 from the University of St. Thomas and a Best Paper Award in e-commerce at Decision Sciences Annual Conference in 2009. He has also been a certified project management professional member (PMP) since 2002. TECNOLOGICO DE MONTERREY HOUSTON

  7. Program Structure A week long course with: • Instruction at the Tecnologico de Monterrey Houston site • Visits to strategically selected corporations

  8. AGENDA TECNOLOGICO DE MONTERREY HOUSTON

  9. Day 1 1sthalf: Overview of PSM  - Financial Significance and Contribution,  Supply Strategy and Objectives, Risk Management, Supply Organization 2nd half: Overview of Supply Process -  Need Identification, Supplier Selection, Purchase Orders, Order Receipts and Invoice Clearance,   Purchasing Related Technologies, Insourcing and Outsourcing TECNOLOGICO DE MONTERREY HOUSTON

  10. Day 2 1st half: Quality (cost of quality, tools of quality management), Inventory (forecasting, order quantities, planning requirements and resources) 2ndhalf: Material Management, Forecasting, Inventory, MRP 3nd half: Site visit to ­­ Memorial Hermann Hospital

  11. Day 3 1sthalf Delivery, Pricing and Cost (quotation, bidding, discounts and options, cost management tools) 2sthalf: Site visit to a SchlumbergerCorporation

  12. Day 4 1nd half: Supplier selection, evaluation, and supplier relations 2st half: Site visit to Waste Management Inc.

  13. Day 5 1st half: Legal and ethical issues in purchasing, global supply management (suppliers, incoterms, tools) 2nd half: Closing remarks

  14. Specifications Course Date: September 2-6, 2013 Cost: $4,500.00

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