"By their very nature, achieving the promised (contractual) delivery dates is critical for high value purchases. The consequences of late delivery can have dramatic effect of the cost and timescale of overall work programmes such as projects and major maintenance works (shutdowns / turnarounds etc.)
These high value items are often complex in technical terms, have long delivery times, possibly sourced from suppliers in overseas locations and experience a complex supply chain for all the necessary components.
Furthermore, depending on the delivery terms chosen for a Purchase Order, there can be many parties involved in getting the high value item from the supplier to the client’s work site.
Effective expediting requires that all these factors are considered from an early stage in the procurement of those items if the risk of ‘late delivery’ is to be avoided or at least minimised.
This course is designed for:
Any procurement staff at all levels who are involved in the procurement & supply of high value items (including experienced buyers and stock analysts) and technical staff who are involved in the procurement process for items of this nature
To enhance understanding of the factors minimising the risk of late delivery and the tactics that can be used in the effective expediting of high value items.
To review the policies, techniques, tools and procedures that can be employed to protect your organisation from the curse of late delivery.
Topics covered will include:
- Expediting as opposed to progress chasing
- Expediting as a value-adding activity
- The who, how, where & when of successful Expediting
- Impact of overall Purchasing & Supply strategies in deciding the cost-effective level of Expediting required for a purchase order.
- High Value Expediting methods, systems and procedures.
- Developing an Expediting Plan