; 86148553 Logistics and Materials Management

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Logistics and Materials Management

This course is a comprehensive supply chain management course designed to elevate your understanding and skills in the key areas of materials management and logistics. This course offers an integrated approach to mastering the planning, acquisition, flow, and distribution of production materials from raw materials to finished products. By the end of this course, you will be equipped with the tools and knowledge to optimize your organization's supply chain for maximum efficiency and cost-effectiveness.

Member Price: $1,395.00

List Price: $1,795.00
VIRTUAL CLASS
Early Bird Pricing Ends on Mar 03 2025

Date

Apr 2-3, 2025

Add To Calendar 4/2/2025 10:00:00 AM 4/3/2025 6:00:00 PM ET Logistics and Materials Management

To access this webinar, log into the ISM website, www.ismworld.org – access My Account and view My Upcoming Registrations.
Online

Location

Online
Format
Virtual Class
CEH Credits
14.0
Product Code
VC-4383-25

Additional Information

Presenters

Jeff spent 42 years in the oil and gas industry where he held a variety of executive positions supporting international and domestic operations. He spent over 16 years as an expatriate in Tunisia, Qatar, Australia, Azerbaijan, Egypt and Malaysia and had business dealings in over 30 countries. He is well versed in strategic management, contracting strategy, negotiations, supply chain management, and new country entry/exit. His international assignments gave him invaluable experiences in dealing with, 1) the ambiguity of operating in multiple geographies (aligning corporate policies and procedures with country license agreements and regulatory body requirements), 2) challenges of multiculturalism, 3) the need for collaboration in developing cross-functional leadership strategies, and 4) preparation for security risks that inexperienced international companies lack (personal experience in crisis management including civil unrest (Tunisia Bread Riots), acts of war (Iraqi invasion of Kuwait, Israeli bombing of PLO encampment in Tunis, Tunisia), dependent evacuation, well control, operational sabotage, hurricane destruction, pandemics, etc.). He has presented at industry conferences on numerous occasions as a subject matter expert on topics including 1) contract risk management (successfully developed, negotiated and implemented global model agreements, particularly drilling and well services), 2) eProcurement (simple and complex buying), and 3) ERP implementation. During the latter years of his career he spent much of his time in advisory and mentoring roles as well as guest lecturing on international operations at Texas A&M’s Professional MBA program covering subjects such as, 1) the influence of culture, religion and politics on business, 2) security, 3) compliance, 4) production sharing and joint operating agreements (understanding the complexities of total cost of ownership incorporating maximizing cost recovery while strategizing to minimize actual dollar spend), 5) economics (the social/economic value in preventing a coup trumping ROI/NPV) and 6) preparation/training of staff and spouses for the realities of international living. Jeff now consults with universities and corporations assisting with integrating academia with practical, real life experiences. Jeff’s objective is to encourage individuals to be confident in themselves and resilient by learning that life/work is not prescriptive. One must apply education, experiences, and creativity to address challenges that "will" come their way. Jeff has been married to Leslie for 38 years. They have three children and five grandchildren. He graduated from Texas A&M University with a Bachelor of Business Administration and earned a Master of Business Administration from the University of Houston.

Description

What You Will Learn:

  • Overview of Logistics and Materials Management. Discover the strategic value of logistics and materials management.
  • Supplier Categorization & Segmentation. Determining the type of supply relationship you are in with your supplier, and the appropriate approach and behaviors given each type activity.
  • Total Cost. Identifying the useful components of total cost for the category you manage, how to gauge total fixed, variable and semi-variable costs activity.
  • Strategic Cost Analysis & TCO. Create awareness within an organization to establish best known cost strategies.
  • Risk Management. Identification, analysis, and mitigation for what could go wrong within a given process or entity.
  • Engagement and NPI. Consider engagement strategies through the product life cycle with expanded focus on new products and services.
  • Stakeholder Management. Managing stakeholders leading up to and during a negotiation and influencing them.
  • Logistics. The efficient, cost-effective flow and storage of raw materials, in-process inventory and finished goods.
  • International Transport. Understand multiple variables to successfully moves materials across the globe.
  • Expedited Freight. How to deliver products or services in a crisis mode.

Virtual Class Schedule:

Day 1 - 10:00 am ET - 1:30 pm ET / 7:00 am PT - 10:30 am PT (3.5 hours), Break for Lunch
Day 1 - 2:30 pm ET - 6:00 pm ET / 11:30 am PT - 3:00 pm PT (3.5 hours)
Day 2 - 10:00 am ET - 1:30 pm ET / 7:00 am PT - 10:30 am PT (3.5 hours), Break for Lunch
Day 2 - 2:30 pm ET - 6:00 pm ET / 11:30 am PT - 3:00 pm PT (3.5 hours)

Who Should Attend:

This supply management training is ideal for foundational and proficient level professionals involved in the various aspects of logistics, materials management and inventory optimization. Discovering and leveraging these blended techniques can improve organizational performance and costs.

Terms And Conditions

Virtual Learning Transferals: Registrations are transferable without any charge to another ISM Virtual Learning Course occurring within 12 months of the original purchase. Transferring registrations to another party are subject to price variance or change based on membership status and an additional $50 fee will be incurred.

Cancellations Virtual Learning: Cancellations more than 5 weeks before the date of the course will incur an administrative charge of 50 percent. Cancellation within 5 weeks of the date of the event will be charged the full fee. You must notify ISM in writing of a cancellation.

Tax Deduction: The Internal Revenue Service may permit an income tax deduction to U.S. residents for expenses (including registration fees, travel costs, meals and lodging) incurred in pursuit of continuing professional education. Consult your tax adviser for details.

View full terms of service here.