World-class Business Analysis and Financial Modelling
By salvoglobal
6424 Views

This World-class Business Analysis & Financial Modelling training programme exposes you to the sophisticated tools and techniques used to build financial models that are efficient, robust, reliable and easy to use.

The course is designed for those of you who have already had some experience of financial modelling and are now seeking to further develop your skills and take your modelling to the next level by learning a range of new tools and techniques.

As an intermediate to advanced level course, the programme focuses on sophisticated techniques that save time when building models, increase reliability and improve usability of the models developed. 

Topics include areas such as:

  • Scenario and sensitivity analysis (including probability-weighted sensitivities)
  • Capital budgeting (S Curve allocation of expenditure, depreciation modelling etc.)
  • Debt modelling
  • Monte Carlo simulations
  • Introduction to VBA Macros
  • Model automation

The combination of both Excel techniques and the application of finance principles allow you to expand your Excel expertise, your skill in applying its functions to solving common modelling issues and your knowledge of project evaluation/company valuation issues and techniques.

Top Learning Objectives

This course is designed to provide you with a range of techniques, ideas, concepts and methodologies that will take your financial modelling skills to the next level to:

  • Provide experienced modelers with a deeper understanding of financial modelling methodologies, techniques and approaches.
  • Broaden the range of tools and techniques experienced modelers can apply to their models to enhance reliability, usability and robustness.
  • Provide you with a structured approach to modelling that not only generates models that are reliable, robust, controlled, extendable and easy to use, but that also speeds up model development.

Who Should Attend?

This masterclass is designed for financial professionals, CEOs, CFOs, VPs, MDs, GMs, Chief Accountants, Cost Controllers, Directors, Managers and Analysts, involved in:

  • Finance Planning
  • Treasury
  • Forecasting & Financial Analysis
  • Management Accounting
  • Project Finance
  • Budget Planning
  • Cash Management / Liquidity Management
  • Budget, Corporate, Business and Financial Analysis
  • Financial Advisors and Corporate Analysis
  • Heads of Business Units and Business Planners

From the following industries:

  • Banking & Finance
  • Manufacturing
  • Power & Utilities
  • Oil & Gas
  • Petrochemicals
  • Chemicals
  • Pharmaceuticals
  • Automotive
  • Government
  • Construction
  • Infrastructure
  • FMCG
  • Aviation

Outcome of this Workshop

By the end of this intensive masterclass, participants will be able to:

Personal Impact

Delegates will widen their financial analysis, modeling, and forecasting horizons considerably during this masterclass as they:

  • Review and analyze corporate financial data from such sources as an Annual Report
  • Prepare, analyze and evaluate the main values and ratios derived from Annual Report and financial databases
  • Use Excel spreadsheet software to create and evaluate corporate financial models
  • Share with fellow delegates any work based analysis, modeling, and forecasting problems and discuss them with a view to resolving them

Organizational Impact

In its current form, this masterclass is proven to be exceptionally valuable to the employer in that, more than ever, delegates are returning to work after the masterclass has finished being able to:

  • Apply and evaluate the methods and models presented throughout the masterclass
  • Speak with greater authority on the topics discussed throughout the masterclass
  • Apply and evaluate the spreadsheet methodologies presented during the masterclass
  • Apply the improvements made during the one to one consultancy, mini-case studies, and sessions

Trainer's Background

  • A World renowned finance and accounting expert with over 40 years of experience.  
  • He is an inspirational presenter whose excellent communication skills have been demonstrated across several countries and cultures assisting professionals to achieve their full potential.
  • He is the author of several bestselling finance & accounting books.
  • He combines his extensive academics and training experience with a wide variety of settings, ranging from working as a management accountant in process industries in UK to product cost consulting in Europe and the Middle East.
  • He has published several bestselling finance and accounting books and a variety of accounting topics and numerous articles in various magazines and journals.
  • His practice takes him to develop and conduct in-house & public training for industry leaders in the US, Europe, Middle East and Asia.

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“Very useful especially for those who has limited or few experience in excel software.”

– Financial Analyst, Global Business Power Corporation
Procurement Negotiations and Supplier Relationship Management
By salvoglobal
0
1815 Views

Many organizations are becoming aware that the Procurement function is no longer just an operational cost center but one of strategic importance to their supply chain. According to ISM – The Institute for Supply Management, every 1% that you reduce costs equates to 5% in additional sales. Similarly, inefficiencies along the procurement process can cascade down the supply chain and adversely impact the bottom line.
As prices of commodities become more volatile, it is crucial for the Procurement professional to proactively assess and review how to plan and implement value-added procurement strategies, perform successful win-win negotiations without leaving money on the table, and develop effective and sustainable relationships with key suppliers.

Salvo Global’s comprehensive Masterclass on “Value-Added Procurement, Negotiations & Supplier Relationship Management” explores the latest methodologies and practices such that your organization can move from simply a reactive, tactical (cost center) department to a value-add, strategic (profit center) function.

Top Learning Objectives

  • Create a Strategic Supply Plan and an Operations Plan to implement it
  • Engage essential stakeholders through Early Supplier Involvement & Early Procurement Involvement
  • Establish an Ethics Policy for Procurement based on the Institute for Supply Management and the United Nations
  • Implement the 9-Step Acquisition Process and develop three key documents: the requisition, the solicitation, and the purchase order
  • Create a Strategic Negotiations plan and customize negotiation strategies based on goods vs. services
  • Apply the Total Cost of Ownership model to analyze prices/costs in negotiations
  • Move from simply boilerplate (reactive language) to proactive language with “teeth,” such as how to drive volume rebates and cost savings
  • Understand and apply the underlying contract law, be it CISG, Shari’a or Unidroit
  • Develop key supply and supplier strategies based on the Risk/Benefit Matrix
  • Assess your Supply Base using a Supplier Evaluation and Audit Tool used in a Fortune 500 company

Who Should Attend?

Directors, Heads, Managers, Officers & other Senior Executives from:

  • Procurement
  • Purchasing
  • Sourcing
  • Contracts
  • Commercial
  • Supply Chain
  • Finance
  • Projects
  • Logistics

This masterclass is suitable for Procurement professionals across all industries, especially:

Mining, Oil & Gas/Petrochemicals/Chemicals, Healthcare & Pharmaceutical, Manufacturing, FMCG, Retail, Food & Beverage, Telecommunications, Banking & Finance, and Information Technology.

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Advanced Boiler Operation and Maintenance
By salvoglobal
0
1814 Views

Most operation and maintenance managers know if they want reliable operation of their heating system, they must pay close attention to boiler daily operation and maintenance. But the importance of proper boiler O &M goes far beyond reliability.

Proper O&M reduces operating and energy costs, improves safety, and prolongs boiler life. Here is the course from Salvo Global, a  training on Advanced Boiler Operation and Maintenance. Delegates will be led by the industry professional trainer and receive beneficial skills that condensed after 45 years of experience from the trainer.

Top Learning Objectives

  • Identify advantages and disadvantages of boiler designs and applications
  • Determine how combustion monitoring and control can improve boiler performance and safety
  • Understand efficiency improvement and troubleshooting techniques to improve boiler and overall steam system performance
  • Discover effective preventive maintenance and predictive maintenance procedures
  • Identify steam distribution system failures and corrections
  • Gain an improved understanding of boilers and steam systems in various applications from case studies and class discussions

Who Should Attend?

  • Plant Managers
  • Operations Managers/Superintendents
  • Process Managers
  • Instrumentation & Control
  • Process Improvement
  • Engineering managers
  • Maintenance managers
  • Maintenance and Facility Management
  • Production Manager
  • Technical & Utility Manager
  • Mechanical Engineering Manager
  • Combustion and Instrumentation Engineering Manager

From industries including: Power & utilities, Oil & Gas, Maritime & Shipping, Manufacturing, Pharmaceutical, Chemical, Agriculture

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Advanced Maintenance Leadership in Reliability Centred Maintenance (RCM)
By salvoglobal
0
2795 Views

It is extremely important for today’s maintenance leader to operate with a strategy and attitude that maintenance is indeed an internal business. Maintenance leader need to understand the key requirements for profit & customer centered maintenance not only to satisfy operations and higher management but also to minimise costs through effective management of crafts and contractors. Fortunately for such a demanding position, there are numerous fundamental principles and proven practices that can provide as a foundation for implementation and improvement.

Salvo Global’s intensive Masterclass on “Advanced Maintenance Leadership in Reliability Centred Maintenance (RCM)” will allow delegates to develop a holistic multi-perspective view and essential leadership skills to effectively manage the different stakeholders. Delegates will also learn critical tools such as RCM, RCFA, FMEA, Life Cycle Costing etc. to be used in conjunction with their leadership transformation journey and quest to build a reliability and profitability centred maintenance culture. Extensive electronic references for each topic and life-time support to build lasting skills will be provided complementary.

Top Learning Objectives

  • Enhance essential Maintenance Leadership skills to effectively perform change management and cultivate a reliability excellence culture
  • Improve craft productivity and Overall Craft Effectiveness (OCE) through better leadership, communication and people management skills
  • Ensure successful adaption and implementation of asset management improvements with absolute compliance from artisans, technicians and contractors
  • Understand important measurement techniques and framework to define results.
  • Apply key elements of Reliability Centred Maintenance (RCM)
  • Systematically analyse and conduct Failure Mode, Effect and Criticality Analysis (FMECA) to effectively identify criticality of key assets, prioritise tasks and minimise wastage
  • Utilise problem-solving techniques of Root Cause Analysis (RCA) for Root Cause Failure Analysis (RCFA) to eliminate repeated failures and decrease failure frequency
  • Ensure management support by making optimal and economically justifiable suggestions based on Life Cycle Costing and Replacement Analysis
  • Effectively benchmark performance against world class best practices and transit from PAS 55:2008 TO ISO55000

Who Should Attend?

VPs, Directors, Division Heads, Managers, Superintendents, Specialists, Leaders, Supervisors, Foremen, Planners, Technicians, & Engineers from the following departments:

  • Maintenance
  • Engineering
  • Shutdown & Turnaround
  • Reliability
  • Preventative Maintenance
  • Predictive Maintenance

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Process Plant Optimisation and Energy Conservation
By salvoglobal
0
1753 Views

Process Plant Optimisation refers to a methodology that aims to eliminate energy wastage and enhance process efficiency by eliminating redundant process steps, shorten cycle times and attain improved and higher- quality yields. Modernization and optimisation are the key prerequisites for long-term successful plant operation. Process Plants are subject to continuous adjustment pressure for optimisation in the areas of new or changing feed materials, products specifications as well as environmental regulations and demands on energy savings.
Salvo’s Masterclass will take on a holistic approach to exploring cost effective opportunities present in industrial utilities (such as boiler, air compressors, chillers, pumps and fans), electric motors, exhaust/heat distribution/cooling systems and processes (such as heating, steaming cooling, distillation and reactions like cracking). The Masterclass will also discuss strategies that aid in eliminating wastages, reducing energy consumption and emissions, minimising as well as optimising the usage of chemicals and fuels which would then translate to an overall decreased production cost. Delegates can expect to participate in interactive and practical case studies.

Top Learning Objectives

  • Understand the systematic approach to reduce production cost for materials and energy, using material and energy flow analysis
  • Gain hands on approach to monitor, control and target cost for water energy, and materials
  • Reduce water consumption, waste water generation by 30 – 50 % and energy consumption by 10 to 25 %
  • Identify the scope of optimisation and profitability of process plant and various optimisation tools used in process plant
  • Implement strategies to optimise OPEX Savings to ensure healthy ROIs
  • Explore innovative and cost-effective solutions/techniques of optimising process plant reliability
  • Improve work conditions for labour by applying extractive process to reduce toxicity level present in atmosphere

Who Should Attend?

Attendance at this training is a MUST for Directors, C-Level Executives, Heads, Supervisors, Engineers, Managers, Senior level Executives from the following Departments but not limited to:

  • HSE/SHEQ
  • Process Engineering
  • Sustainability & Environment
  • Chemical Engineering
  • Energy Efficiency
  • Plant Operations
  • Production
  • Process Improvement
  • Planning
  • Process and Energy
  • Process Control Integrity
  • Process Maintenance
  • Technical /Operations
  • Loss Prevention

From the following sectors, including but not limited to:

  • Food Processing
  • Oil & Gas
  • Chemicals and Petrochemicals
  • Pharmaceuticals
  • Automobile
  • Manufacturing Plants
  • Construction
  • Electronics
  • Metal and Engineering
  • Governmental and Environmental Agencies
  • Energy and Utilities
  • Textile and Leather
  • Mining
  • Other heavy industries

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Planning Optimisation for Inventory and Warehouse
By salvoglobal
0
1949 Views

In our dynamic and fast-changing environment, the only constant is the ever-increasing competition and customer demand. Customers and businesses alike are impatient and expect products to be available immediately. With narrow margins and profitability, maintaining a lean, agile and responsive supply chain is no longer a competitive advantage but a means for survival. It is indeed crucial for organizations today to achieve effective inventory planning, control, and management. There is a need to “trim the fats” off excess inventories and maintain a minimal yet sustainable inventory investment without risking stock-outs or production shutdowns.

However, meeting this objective is often fraught with challenging practical issues. How can you measure and continuously improve the accuracy of your consensus demand planning? How do you formulate an effective replenishment strategy for thousands of items both sporadic and recurring? How do you effectively deal with supplier price breaks and promotions? How can you improve stock accuracy in the warehouse to reduce unplanned stock-outs while filling orders in the most cost-effective manner?

Salvo Global’s comprehensive Masterclass on “Planning & Optimisation for Inventory & Warehouse” will allow delegates to achieve accurate planning, greater inventory control, and supply chain visibility as well as maximized profitability and service level. Delegates will walk away not only with critical tools developed by our expert trainer but also with a detailed and customized action plan for immediate implementation for their organization!

Top Learning Objectives

  • Achieve lean and sustainable inventory investment strategies through elimination of dead, excess, and slow-moving inventories
  • Explore patterns of usage and critical factors for the accurate forecast of demand
  • Develop and implement a sound demand planning program and effective replenishment strategies
  • Achieve total inventory control and always have the right item and amount at the right location to maximize customer service, productivity, and profitability
  • Organize warehouse effectively to minimize lead time, cost of filling, and stock shrinkage
  • Increase employee’s awareness of the true full cost of inventory and bad practices to motivate them in protecting inventory investment
  • Set effective benchmark and KPIs to better manage employees and 3PLs performance

Who Should Attend?

This course is targeted at Directors, General Managers, Heads, Superintendents, Supervisors, Senior Controllers,  and leaders of business units such as:

  • Inventory Planning/ Management/ Control
  • Demand Planning
  • Supply Chain Management
  • Logistics & Distribution
  • Warehousing
  • Materials Planning/ Management
  • Maintenance, Repair & Operations
  • Spare Parts Management
  • Procurement/ Sourcing
  • Stock Control
  • Sales & Marketing
  • Finance & Accounting

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Advanced Project Management Economics
By salvoglobal
0
2446 Views

Project management professionals and project oriented organizations are faced with the imperative need to manage, invest and implement projects at an increasing rate and with growing complexity and innovation. With this reality, several major challenges come along:

  • How to ensure that the organization is optimizing its overall investment in the most valuable projects?
    • And how to make those decisions auditable?
  • How to take into account the various aspects of a project’s economic attractiveness as well as the non-economic impacts?
  • How to make sure that the estimated investment based on which projects are selected for investment is accurate and predictable?
    • And how to prevent unpredictable and adverse changes to the cash-flow and funding requirements?
  • How to duly account for the ever-present uncertainty and risk in the project estimates and expected return on investment?
  • How to properly account or the time-value of money, taxes and depreciation, in evaluating projects and the alternatives to manage the life-cycle of the strategic assets?
  • Once a project enters execution, how to ensure that changes and project performance variations are proactively monitored and managed in order to update expectations of the return on investment and to maximize it where possible?

Project Economics and capital budgeting is the process by which organizations make strategic and long-term investment decisions on projects. Selecting and investing in the “right projects” amongst various mutually exclusive or synergistic alternatives is therefore a key priority for project-based organizations.

Making these business-critical decisions should follow a process that ensures efficiency, predictability and auditability of the investment, and therefore based on best practices and supported by appropriate tools and techniques.

This includes, at the very onset of the project, the use of economic indices of project performance, accurate and properly structured estimates of cost, time, benefits realization, risk analysis and contingency, and the resulting project cash-flow based on which the investment attractiveness is evaluated.

While this upfront process is aimed at setting a stable project investment scenario, once the decision is made and the project enters execution, changes and performance variations will inevitably occur, ranging from adversities that need to be mitigated to emerging opportunities that ought to be captured; the real-life story of the project will seldom unfold as initially envisaged.

Salvo Global’s masterclass will be providing the latest best practices, supporting tools and techniques on project economics. Delegates will be updated with the latest developments constitutes a key requirement for all project management professionals involved in managing, operating or influencing management and business decisions involving capital projects.

Top Learning Objectives

  • Understand the process of project capital budgeting, its context and importance for project-based organizations
  • Distinguish and know how to apply in practice the key concepts of financial mathematics as the basis to evaluate capital project investment scenarios
  • Implement in practice the main project evaluation and selection methods, including economic indices, scoring models and portfolio optimization
  • Develop models to analyze and evaluate project scenarios for asset replacement versus asset improvement investments, using all the concepts and methods of capital budgeting, including the annuity
  • Learn how to use in practice the estimating recommended practices from the AACE International of cost and schedule classification (18R-97 and 27R-03) based on the level of maturity of project definition
  • Apply the Project Definition Rating Index (PDRI) from the Construction Industry institute (CII) (RR113-11) to measure the level of project definition
  • Implement a comprehensive and integrated cost and schedule estimating process, including the risk contingency reserves, to ensure the required accuracy and predictability of capital budgeting and return on investment expectations
  • Put in practice the main cost and schedule estimating techniques including range analysis, Monte Carlo simulation and parametric modelling
  • Learn how to incorporate in the project budget the contingency reserve based on the risk register and risk quantification
  • Master how to integrate the project scope definition, cost, schedule and risk contingencies into a consolidated project performance baseline (PMB) from where the project investment cash-flow and funding requirements can be derived with accuracy
  • Understand the importance of updating the project capital budgeting analysis based on the project performance measures and project changes during project execution
  • Recognize the different types of project changes and how to incorporate these into the project baseline, update the investment and benefits realization cash-flows, review the capital budgeting model of project evaluation, and monitor the variation of the expected Return on Investment (ROI)

Who Should Attend?

This course is intended particularly for all the professionals who are or will be responsible for controlling or supporting programs and large or complex projects, services and systems, including the following:

  • Project Controls Manager
  • Project Controllers
  • Project Financial Controllers
  • Earned Value Specialists
  • Investment Risk Analysis
  • Programme Directors/Managers
  • Project Planners & Schedulers
  • Risk Management Offices Staff
  • Project Management Office Staff
  • Project Team Members
  • Cost Managers
  • Cost Controllers & Engineers
  • Project Sponsors
  • Project Consultants
  • Project Specialists
  • Project Engineers
  • Top Management

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Prescriptive Maintenance
By salvoglobal
0
1815 Views

As we move into the 4th Industrial revolution and advances within equipment maintenance techniques by manufacturers a new dawn has evolved. Predictive maintenance captures the data generated by equipment sensors, facilitates data communication between devices through Internet-based connectivity, uses algorithms to identify anomalies in operation, and predicts asset failure. This has now provided companies with the ability to reduce maintenance and downtime plus costs by identifying expected failures, breakdowns, plus various operational risks to assets and equipment machinery diagnostics. With the use of Industrial Internet of Things (IoT) technologies through machine learning, cloud computing and real-time data analytics improving machinery, equipment lifespans thus providing companies with an efficient maintenance process and is known as prescriptive maintenance.

Prescriptive maintenance allows for improvements within the company’s maintenance processes making use of cognitive analytics and ILoT tools which can provide solutions as an option to the maintainer. When a change in the equipment (the data) occurs, prescriptive maintenance will not only show what and when a failure is going to happen, but why it is happening. Prescriptive maintenance will take this analysis and determine different options and the potential outcomes to mitigate any risk to the operation. The data and analysis will continue, constantly adjusting the potential outcomes and making revised recommendations, improving the accuracy of the results.

Prescriptive Maintenance can drastically transform how maintenance is performed throughout any industry. By evolving from time-based to condition-based, to predictive and prescriptive maintenance, companies are evolving their maintenance systems from being simply efficient to become truly strategic. Beyond maintenance, cognitive systems can integrate maintenance and operations data with other data sources, such as quality, warranty, and engineering data, to become critical to how entire companies operate.

With the automation of many industries and the explosion of computers and sensors, condition-based maintenance has become machine-led. Sensors built into equipment provide real-time readings to centralized systems, that help maintenance teams maintain equipment before problems occur.

Salvo Global’s intensive Masterclass on “Prescriptive Maintenance” will impart practical applications for implementing, measuring results and successfully applying today’s best practices for Prescriptive Maintenance. In addition, delegates will be introduced to the advantages of utilizing prescriptive maintenance in their organization.

Top Learning Objectives

  • Understand the principles of an effective Work Management Process and utilizing IIoT information
  • Acquire knowledge on Single/Dynamic Strategy Cycles, Time-based based on Prescriptive and Predictive Maintenance techniques
  • Determine Strategy based maintenance for Predictive & Preventive Maintenance utilizing Big Data and IIoT, Reliability Centered Maintenance (RCM), PM Optimization, TPM, and Statistical Analysis and Prescriptive maintenance
  • Understand Condition Based Maintenance, Preventive & Predictive Maintenance and transforming IIoT and big data analyticities
  • Predict issues and possible imminent failures within through IIoT reporting
  • Compare the performance of current Maintenance Methods through Big Data and IIoT
  • Improveme Work Management Maintenance, Scheduling and Planning Process
  • Cost Optimization using effective measurement, reporting and analysis through IIoT and Big Data analyticities
  • Understand Cloud Based Artificial intelligence to predict future maintenance and forecasting trends and maintenance business requirements

Who Should Attend?

This course is very relevant to technical engineers and professionals who handle and are responsible for their organisations’ maintenance; as well as the overall smooth operations and processes of their organizations’ plants and machineries. These include, but are not limited to:

  • Maintenance SuperintendentsMaintenance Managers
  • Asset Managers
  • CMMS Managers
  • IIOT Specialist
  • Maintenance Analyst
  • Preventive Maintenance Supervisors
  • Preventive Maintenance Engineers
  • Predictive Maintenance Supervisors
  • Predictive maintenance Engineers
  • Maintenance Supervisors
  • Maintenance Engineers
  • Maintenance Planners
  • Maintenance Schedulers
  • Maintenance Foreman
  • Maintenance Planners
  • Physical Asset Managers
  • Reliability Managers
  • Reliability Engineers
  • Engineering Managers
  • Operations Managers
  • Plant Directors
  • Plant Managers
  • Plant Engineers

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MRO Spare Parts Optimisation and Inventory Cost Reduction
By April Guiang
0
15207 Views

Most if not all industries have a storeroom to keep parts of their equipment they need from time to time but not all these industries have the knowledge or know how to manage their storeroom and spare parts. In fact, the Storeroom and Spare Parts is one of the functions on where maintenance can save on cost and almost every industry have a horrible story to tell on their storeroom that they have experience. With the absence of a sound strategy on spare parts most of us rely on vendor on what to stock which end up as non-moving most of the time.

Salvo Global’s MRO Spare Parts Optimization & Inventory Cost Reduction course will help attendees learn proven strategies on how they can improve and optimize their spare parts and storeroom. This might be the missing link in improving your reliability and maintenance strategy.

 

The training focuses on 6 main themes to support cost reduction:

  • Improving Processes & Procedures
  • Improving Master Data Quality from vendors
  • Achieving consistent & effective Cataloguing
  • Achieving Spares Standardising & Rationalisation (standardising, removing duplicates, identifying OPMs, removing unwanted items)
  • Reliability Principles that impact spares usage
  • Conducting Spares Optimisation (right replenishment strategy and the right stock control levels)
  • Developing KPIs at line item level

There are very few courses conducted that deal with the practical issues of spares cataloguing, optimising spares and stock reduction.

Top Learning Objectives

  • Analyze ISO5500 and what it means for inventory management
  • Learn how to achieve consistent cataloguing
  • Review the different costs associated with spares management
  • Understand the techniques to improve reliability resulting in less spares usage
  • Discover how to select the right inventory policy for fast and slow-moving parts
  • Hear good practices related to SPIR forms
  • Learn how to evaluate safety stocks scientifically
  • Understand how to determine how many to buy
  • Master the strategies to minimize stock
  • Discuss how to justify the financial case for high value spares
  • Know how to measure inventory performance
  • Discuss what can be done in-house and what can be done with specialist software

Who Should Attend?

Executive, Senior, and Section Managers, Superintendents, Engineers, Technicians, OEM, Contractors, Suppliers, Planners/Schedulers, Store & Warehouse from:

  • Maintenance
  • CMMS
  • Warehouse
  • Inventory
  • Asset Management
  • Spares Management
  • Operations
  • Materials
  • Purchasing
  • Logistics
  • Supply Chain
  • Reliability
  • Project
  • Technical Support
  • Procurement
  • Cataloguing

Also, organisations wishing to move away from reactive management to proactive stock management and, organisations wishing to comply with the requirements of and/or standards; or simply, improving asset life cycle with Material Management Optimization.

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“Good example of spares management, concepts and techniques used for optimization of spares”
– Shell

“These programs enable us to learn more details on Spares inventories”
– Petronas Gas Berhad

Proactive Supply Chain Risk Management
By salvoglobal
0
1781 Views

Risk management within supply chains is one of the most significant challenges facing every organization since all organizations are usually members of at least one or more supply chains. As Western Africa undergoes fast growth and rapid economic development, the supply chain management function often suffers from risks such as lack of financial resources, currency risks, long lead times and delays, quality risks, and security risks. In view of these, it is no longer sufficient to merely react to supply chain disruptions. Instead, organizations need to adopt a proactive approach towards managing these risks in order to reap a competitive advantage through their supply chains.

Salvo Global’s intensive Masterclass on “Proactive Supply Chain Risk Management” will allow delegates to understand and minimize the risk factors present throughout the entire supply chain – from the initial supplier to the ultimate customer based on key factoids, case study application and best-practice tools used in the industry. Delegates will adopt proven strategies to analyze and mitigate end-to-end supply chain risks to capture value, reduce vulnerability and ensure continuity for 2020 & beyond!

Top Learning Objectives

  • Assess and position supply chain risk issues using an end-to-end perspective from the initial supplier through to the ultimate end customer
  • Leverage on the latest ICT developments to digitize your supply chain for improved information flow and collaborations, including how to make your supply chain more customer-centric
  • Negotiate with suppliers using the Supply Chain Risk Continuum to mitigate negative impacts of operational disturbance, tactical disruption, and strategic uncertainty.
  • Examine a risk analysis framework for identifying and managing risks relating to imports, which is also applicable to local sourcing
  • Develop and evaluate your supply base with the Transaction Cost-Based Framework (TCF) and the Supplier Risk Profile
  • Understand and manage the financial ramifications of risk including currency fluctuations, payment terms, and supplier collusion
  • Implement Business Continuity Management (BCM) to deal with the trade-offs between cost, quality, lean practices, and supply chain risk
  • Build strong competencies in Supplier Relationship Management (SRM) to reduce risk through strategic vendor development and sourcing strategies
  • Perform effective budgeting with Total Cost of Ownership (TCO) models to minimize risk
  • Apply best practices in Inventory Management to address risk factors such as long lead time and variability of supply and demand

Who Should Attend?

This course is designed for Managers, Supervisors, General Managers, Heads, Team Leaders, Vice Presidents, Directors, CFO’s and Coordinators of:

  • Supply Chain
  • Procurement
  • Purchasing
  • Sourcing
  • Logistics
  • Inventory Management
  • Risk Management
  • Contracts
  • Warehousing
  • Finance
  • Sales & Marketing

This masterclass is suitable for professionals involved in supply chain risk management across all industries, especially:

  • Oil & Gas/Petrochemicals/Chemicals
  • Food & Beverage
  • Logistics & Transportation
  • Healthcare &
  • Pharmaceuticals
  • Manufacturing
  • Infrastructure & Construction
  • FMCG
  • Telecommunications
  • Ports & Maritime
  • Power & Utilities
  • Consultancy Services
  • Banking & Finance
  • Retail
  • Information Technology
  • Mining
  • Government

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