Course of Procurement Management, Demand Supply and Inventory |Glomac

Overview

Why Attend

This course presents this training program in Procurement Management, Demand Supply and Inventory Management, designed to enhance organizational operational efficiency by improving processes within the supply chain.

Procurement and supply management are among the core pillars of business sustainability, as they directly affect costs, service quality, and production continuity.

This program focuses on developing a comprehensive understanding of how to plan and execute purchasing operations, organize demand supply, and control inventory levels to maintain a balance between availability and cost. The course content has been structured to cover essential and practically applicable concepts and methodologies used in organizations, providing trainees with accurate and organized information that helps them build a clear and holistic view of the supply and storage system.

Course Objectives

By the end of the course, participants will be able to:

Who Should Attend?

Procurement and supply chain staff in companies and institutions.
Managers of logistics and operations departments in industrial and service sectors.
Professionals working in warehouse and storage management.
Individuals interested in developing their skills in supply and inventory management to achieve higher operational efficiency.

Knowledge and Benefits:

After completing the program, participants will be able to master the following:

Understand the fundamental concepts of procurement, demand, and inventory management.
Grasp the key principles that govern decision-making in purchasing and requirements planning.
Apply effective methodologies for organizing supply operations and minimizing waste.
Identify the relationship between operational efficiency and inventory level control.
Differentiate between tools and practices used in procurement and inventory management according to best practices.

Course Outline

Institutional Procurement Concepts
- Definition and objectives of procurement within organizations.
- Difference between operational and strategic purchasing.
- The relationship between procurement and other departments.
The Traditional Procurement Cycle
- Identifying needs and analyzing demand.
- Selecting suppliers and issuing purchase orders.
- Receiving materials and evaluating performance.
Contracting and Supply Strategies
- Types of contracts in procurement.
- Supplier negotiation and bid evaluation.
- Local vs. international purchasing policies.
Organizational Demand Analysis
- Sources of demand forecasting.
- Differences between stable and variable demand.
- The role of historical data in demand forecasting.
Supply Planning Systems
- Inventory-based demand models.
- Material Requirements Planning (MRP).
- Scheduling for demand fulfillment.
Challenges in Supply Management
- Delivery delays and their operational impact.
- Adapting to market fluctuations.
- Coordination between procurement, storage, and production.
Components of the Supply Chain
- Suppliers, manufacturers, distributors, and customers.
- Flow of information and goods.
- Importance of integration among stakeholders.
Supplier Selection Criteria
- Quality and reliability.
- On-time delivery capabilities.
- Compliance with commercial and contractual terms.
Supply Risk Management
- Identifying vulnerabilities within the supply chain.
- Developing contingency plans for supply continuity.
- Periodic evaluation of supply chain performance.
Fundamentals of Inventory Management
- Types of inventory: raw materials, work-in-progress, finished goods.
- Difference between periodic and perpetual inventory systems.
- The role of inventory in supporting operational activities.
Inventory Control Techniques
- Minimum stock and reorder point systems.
- ABC classification method.
- Manual and electronic inventory systems.
Inventory-Related Costs
- Storage and maintenance costs.
- Stockout and ordering costs.
- Balancing availability with cost minimization.
Integration Between Procurement, Supply, and Inventory
- Importance of information flow across units.
- Automation of processes for seamless operations.
- ERP systems as integrated solutions.
Performance Indicators in Supply Management
- Measuring delivery accuracy and material availability.
- Indicators for purchasing efficiency and inventory cost.
- The role of data analytics in performance improvement.
Modern Trends in Procurement and Storage
- E-procurement and supplier platforms.
- Smart warehouses and digital intelligence applications.
- Environmental sustainability in supply and storage management.

Schedule & Fees

2026 Schedule & Fees

Dates	Language	Fees
11 - 15 Oct, 2026	English	USD 3,400 Per participant
11 - 15 Oct, 2026	Arabic	USD 3,400 Per participant
13 - 17 Dec, 2026	English	USD 3,400 Per participant
13 - 17 Dec, 2026	Arabic	USD 3,400 Per participant

2027 Schedule & Fees

Dates	Language	Fees
10 - 14 Jan, 2027	English	USD 3,400 Per participant
10 - 14 Jan, 2027	Arabic	USD 3,400 Per participant
14 - 18 Mar, 2027	English	USD 3,400 Per participant
14 - 18 Mar, 2027	Arabic	USD 3,400 Per participant
11 - 15 Apr, 2027	English	USD 3,400 Per participant
11 - 15 Apr, 2027	Arabic	USD 3,400 Per participant
13 - 17 Jun, 2027	English	USD 3,400 Per participant
13 - 17 Jun, 2027	Arabic	USD 3,400 Per participant
11 - 15 Jul, 2027	English	USD 3,400 Per participant
11 - 15 Jul, 2027	Arabic	USD 3,400 Per participant
12 - 16 Sep, 2027	English	USD 3,400 Per participant
12 - 16 Sep, 2027	Arabic	USD 3,400 Per participant
10 - 14 Oct, 2027	English	USD 3,400 Per participant
10 - 14 Oct, 2027	Arabic	USD 3,400 Per participant
12 - 16 Dec, 2027	English	USD 3,400 Per participant
12 - 16 Dec, 2027	Arabic	USD 3,400 Per participant

Course of Procurement Management, Demand Supply and Inventory Management