Proven Techniques of Lead Time Reduction in Advanced Procurement
This course explores effective strategies for minimizing lead times in advanced procurement, covering process optimization, supplier collaboration, and the role of technology.
Professional Certificate
Earn a career credential that demonstrates your expertise
1 hour 20 minutes
7 Lessons
7 Quizzes
Exclusive SCMDOJO Cetificate
5/5 (1 Reviews)
20 Students Enrolled
This course provides a comprehensive understanding of advanced procurement practices and tools for accurately tracking and minimizing lead time. It delves into various techniques, including process optimization, building strategic supplier partnerships, and leveraging technologies like blockchain and IoT. You will learn how to create lead time reduction strategies and apply these concepts to real-world business scenarios.
Why Learn with Manoj:
Manoj fervently advocates for innovation and excellence in Supply Chain Management and Procurement. He is a thought leader with 30 years of working experience in various industries like Project, Pharma, Engineering etc as a Supply Chain Head.
Manoj is passionate about creating smart, bespoke strategies for purchasing and procurement. Beyond his role of leading Supply Chain Function, He is deeply involved in mentoring and training professionals in the supply chain world through institutions like BLUEOCEAN CORPORATION, DUBAI, and ISM USA. He is a BE Mechanical by qualification with a Post Graduate Diploma in International Business and Materials Management. He is a Lead trainer for CIPP, CIPM, CISCP, and CISCM Courses of Blue Ocean Corporation.
What you'll learn
- Understand the principles of advanced procurement and its difference from transactional procurement.
- Identify and analyze different types of lead times within an organization, including procurement, manufacturing, and transportation lead times.
- Recognize the benefits of lead time reduction, such as increased agility, cost optimization, improved customer satisfaction, and enhanced supply chain resilience.
- Learn how to create a lead time reduction strategy using a structured template.
- Discover best practices for reducing lead times, including analyzing end-to-end processes and forming cross-functional teams.
- Understand the importance of building strategic partnerships with suppliers using a systematic evaluation approach.
- Explore various tools and technologies used for tracking lead times, such as SAP Ariba, Oracle SCM Cloud, ERP systems, and SRM portals.
- Learn about the role of blockchain and the Internet of Things (IoT) in optimizing lead times through enhanced visibility and traceability.
- Analyze a real-world case study of a company that successfully implemented lead time reduction initiatives.
Course Content
What's Included
- Immediate unlimited access to course materials
- 30-day money-back guarantee
- Exercises and quizzes to help you put theory into practice
- English Closed Captions
- Full transcripts in PDF for each lesson
- Suitable for mobile or desktop
- SCMDOJO Certification when you pass the course quiz (accessible from Learning Center post-sign-in)
Requirements
- Access to Internet
- Computer / Laptop / Mobile Device
Earn a sharable certificate
- Showcase on your LinkedIn Profile under the "Licenses & certifications" section
- Download or print out as PDF to share with others
- Share as PDF online to demonstrate your skill
- The certificate's authenticity can be confirmed online using a QR code

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