Training

“The quality of any strategy is critically dependent on the base of knowledge upon which it is built”

The success of any supply management team ultimately rests on the capability of its human capital: its people – their knowledge, intellect, intuition, and drive – enabled with the right processes and technologies.

We are singularly focused on building lasting capabilities within supply management teams that will to enable them to maximize the value they deliver to their organizations. Our suite of training programs cuts across essential supply management competencies, and can be tailored to multiple learning levels from basic awareness and introductory fundamentals, to practitioners and expert users. Our courses and programs can be targeted and adapted for internal customers, buyers, analysts, supply managers, category leaders and senior management.

We offer a suite of training programs that cater to beginning, intermediate and advanced learners, and include courses on:

Developing Sourcing Strategies

A company’s supply base is designed and defined by its sourcing strategies. Sourcing strategies drive critical decisions such as the number of suppliers a category should have, the types and terms of contracts, and the structure of pricing models. Effective, winning strategies, require a structured strategy development process that is both thorough in its execution and flexible enough to meet the specific needs of individual categories. This course provides participants with the process, tools, and templates to develop them.

Analyzing Supply Markets

Good supply market knowledge is the backbone of any effective category management strategy. Critical sourcing, pricing and risk management decisions cannot be made without a holistic understanding of the structure, conditions, and dynamics of the supply market. This course provide participants with a methodology as well as tools and templates, to gather the right market intelligence, thoroughly evaluate their supply markets, and integrate the analysis into their sourcing, negotiation and risk management strategies.

Analyzing Price & Cost

Supply managers are entrusted with an important fiscal responsibility: to effectively manage the costs associated with the products, services and assets they procure for their companies. To fulfill it, they must ensure that prices paid to suppliers are appropriate, and that the items are acquired in ways that result in the lowest Total Cost of Ownership (TCO). This course provides participants with tools and techniques to effectively analyze category costs and evaluate supplier prices across products, services and capital spends. They also learn how to use their analyses to negotiate and establish prices with suppliers, and manage overall category costs.

Managing Supplier Relationships

Good supplier relationships offer a great many benefits and can play a critical role in helping companies achieve significant competitive advantages. They serve to assure supply, reduce costs, improve processes and drive innovation. While many companies recognize the value of supplier relationships, few have a structured, systematic approach to managing them in ways that tap the full potential of the supply network. As a result valuable opportunities are left unexploited on the table. This course provides participants with a structured approach and effective practices to define, nurture, and manage truly value-driven relationships. It will help drive big returns on the investments of time and resources companies make in their suppliers.

Managing Supply Risk

Supply management has evolved into a predominant risk management function for companies. Outsourcing, the globalization of supply networks, and the unending drive towards lean operations have all significantly amplified the complexity of supply chains. Supply chains have thus become increasingly vulnerable to a wide array of risks – trends and events that can disrupt the flow of critical products and service. Supply risks that aren’t properly managed can cost companies millions (or billions in some cases) in additional expenses, lost sales and market share. Supply management is at the forefront of managing these risks. To be effective, risk management must be fully integrated into every category management activity that the supply management team undertakes. This course provide participants with a methodology to assess the business risks associated with their respective categories and develop well thought-out strategies and plans to avoid or mitigate them.

Effective Supply Management

This course is an overview of the supply management charter and covers key processes, programs and best practices for effective supply management. It is intended for personnel who are responsible for establishing and implementing supply chain processes across a business unit/company, as well as individuals from internal stakeholder groups, whose buy-in is critical for supply management teams to deliver to their full potential.

APPLIED LEARNING PROGRAM (ALP)

Taking training to the next level, dramatically increasing ROI

Our applied learning program takes class-room learning and applies it to real-life projects. Each project has specific deliverables, timelines and delivered results. An ALP can be tailored to specific learning objectives such as developing sourcing strategies, risk management strategies and cost analysis.


For additional details on our courses and training programs please call us at (858) 324-1844 or email us at training@rensaninc.com.

Excellent course with lots of practical information.

VP Supply Chain

at a major utility

We are budgeting first year savings at of $450K across the 3 plants… The…applied learning program and project… are definitely the highlights of my career so thank you for the excellent help.

Supply chain manager

at a major packaging company

Combination of case histories, personal experience, enthusiasm and material made for a compelling course.  Great instructor!   Well worth it!

Procurement Director

a major materials company

Excellent case studies and exercises. Hands on approach was great. Excellent Course.

Sr. Director

of Global Procurement at a major retailer