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Follow on Google News |  Lean Practices in Purchasing - LIVE SEMINAR - August 13, 2010 - 8:30 am, Santa Clara, CAThen what are you doing to aid your enterprise in achieving best practice supply performance demands? Purchasing is a service - it obtains goods and services in a timely manner at a low cost.
By: Inst. for Supply Mgt. for Direct and Indirect Supply Professionals with Michael W. Gozzo, CPIM, CSCP, MBA | Founder, TBC Group, Inc. | Senior Partner, Product Realization Group | When: August 13, 2010, 8:30 am - 4:30 pm (Friday) Where: http://www.eparagon.com/ REGISTRATION EMAIL: Seminars@ismsv.org REGISTRATION URL: http://catalog.ismsv.org/ ISM MEMBER FEE: $360. | NON ISM MEMBER FEE: $480. | Includes a Contential Breakfast & Boxed Lunch | How would you like suppliers with a long 7 day lead time for standard office supplies? However, some of your friends are telling you that their company has delivery overnight for such items. How about production raw material inventory turns of 70+ vs. your current 20 turns. With higher inventory turns, your company could put millions in the bank vs. sitting idle in inventory. If you desire the aforementioned... Then you are ready to develop or expand lean processes into your supply base. But, where do you start? By attending this ISM seminar on Lean Practices in Purchasing. SEMINAR DESCRIPTION: Do supply conditions impact your purchasing practices? - Our customers want the best quality, in less time for less cost - Today's business competition is demanding productive change in order for us to survive The answer should be YES! Then what are you doing to aid your enterprise in achieving best practice supply performance demands? Purchasing is a service - it obtains goods and services in a timely manner at a low cost. How do you intend to improve your role? - Obtain goods and services sooner - Reduce unit cost, but not impact inventory investment - Maintain quality Do you know what tools to employ in order to accomplish the following? - Lead time reduction - Reliability of delivery service - Inventory reduction - Cost reduction - Reliable quality This program will address all of these issues and more. WHAT YOU WILL LEARN: - How to employ Lean Practices in Purchasing for improved results - How to reduce Lead time - How to impact Inventory investment reduction - Understand and how to use cost drivers - How to obtain reliable quality and delivery - What are Lean Practices? o Value Stream Map o Waste visibility - How do Lean Practices relate to Purchasing? o What are the cost drivers? o What waste exists in purchasing practices? - Understanding and Application of Tools o How to do Lead time reduction o How much inventory is enough? - How much to order? - How is it measured? o Important costs -- Ordering -- Carrying -- Set-up -- Acquisition -- Quality -- Total cost of ownership (TCO) -What must be done? o Determine critical commodities -- How is critical defined? o Strategic Supplier selection/reduction/ -- Evaluation methods and tools -- Supply base reduction -- Measurements (KPI's) o Supplier development -- Tools and knowledge -- Timetable and phases YOUR INSTUCTOR: Michael W. Gozzo, CPIM, CSCP, MBA, University of New Haven, is president and founder of TBC Group, Inc. and Senior Partner at Product Realization Group. With practical operations experience since 1976, Michael trains in collaborative systems, lean practices - pull systems, quick change, 5-S, VMI, cell design and others. He has traveled and worked extensively in Canada, England, Hong Kong, Ireland, Scotland, Germany, Japan, Korea, Mexico, Indonesia, South Africa and Taiwan. Co-author of several books, his latest is People Empowerment - Success through Involvement. http://www.linkedin.com/ EDUCATION HOURS: 7.00 ISM Continuing Education Hours awarded by the Institute of Supply Management of Silicon Valley REGISTRATION EMAIL: Seminars@ismsv.org REGISTRATION URL: http://catalog.ismsv.org/ ISM MEMBER FEE: $360. | NON ISM MEMBER FEE: $480. | Includes a Contential Breakfast & Boxed Lunch | Sponsored by: Institute for Supply Management [ISM] - Silicon Valley P.O. Box 32156, San Jose, CA 95152 Olivia Semanik | olivia.semanik@ Customer Service Operations Desk Day Phone - 408 497 8042 http://ismsv.groupsite.com The Only Institute of Supply Management Affiliate Authorized in the San Francisco South Bay, Peninsula, Silicon Valley, San Jose, Palo Alto, Fremont, Santa Cruz, Monterey, Gilroy, Morgan Hill & Salinas Area # # # Founded in 1915, the Institute for Supply Management™ (ISM) is the largest supply management association in the world as well as one of the most respected. ISM’s mission is to lead the supply management profession through its standards of excellence, research, promotional activities, and education. ISM’s membership base includes more than 40,000 supply management professionals with a network of domestic and international affiliated associations. ISM is a not-for-profit association that provides opportunities for the promotion of the profession and the expansion of professional skills and knowledge. End
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