Supply Chain Strategies in a Down Economy

Lorman Education Services
nOrganizations of all sizes and across all industries are struggling to meet earning targets in this down economy. Hardly a day goes by when you don't read about layoffs or other drastic measures that companies are taking to cope during the current economic downturn. What can companies do to help weather the storm? Taking an aggressive look at supplier costs can be a key strategy for shoring up the bottom line. This teleconference will help you answer the following questions: Have you pulled all the levers possible to achieve savings in the short term? Are you getting the best price for the goods and services that enable your business? Do you have an understanding of your key suppliers' financial condition? Are you matching what you are buying to what you really need to be successful? Do you have visibility into your spend? Are you actively working with your end users and suppliers to drive costs out of the process? These are just some of the strategies that we will cover during this teleconference. Real-world case studies will be used to demonstrate how other leading corporations are leveraging these strategies to maximize their buying power, minimizing risk and making an impact on their bottom line.
This is primarily teleseminar training
instructor led trainingThis class may be available at a classroom in Milwaukee, WI,
Duration:1 days
Training Presented in:English
Training Provided by Lorman Education Services
Supply Chain Strategies in a Down Economy
Agenda

  1. Current Economic Landscape
    1. Financial Markets
    2. Consumer Demand
    3. Commodity Market
  2. Short-Term Levers
    1. Policy-Driven Consumption Management
    2. Discretionary Spending
    3. Commodity-Driven Categories
  3. Supply Risk Assessment
    1. Understanding Supplier Financial Risk
    2. Offshore Supplier Management
    3. Case Study Example
  4. Cost Reduction Strategies
    1. Understanding Your Spend
    2. Strategic Sourcing
    3. Procure to Pay Process Effectiveness
    4. Demand Management
    5. Supplier Relationship Management
    6. Case Study Example
About The Training Provider: Lorman Education Services
Lorman Education Services - Lorman Education is dedicated to providing cost-effective training opportunities that meet the needs of our members and enhance their skills, knowledge, and competencies. Please use Priority Code 16175 when registering. Lorman Education Services began offering continuing education seminars in 1987. Lorman Education is dedicated to providing cost-effective training opportunities that...
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