QRM for Supply Chain & Purchasing Professionals Reducing Lead Times and Enhancing Responsiveness

This two-day workshop is designed for supply chain and purchasing professionals seeking to apply Quick Response Manufacturing (QRM) principles and Manufacturing Critical-path Time (MCT) metrics to optimize supply chain performance. Traditional supply chain strategies often fall short as companies face increasing demands for high-mix, low-volume, and custom products. This course provides the tools and insights needed to transform supply chain operations by focusing on time as a strategic lever.

Participants will learn to evaluate supply chain performance using MCT, shift from cost-based to time-based decision-making, and implement QRM strategies that reduce lead times, improve flexibility, and enhance supplier responsiveness. Through presentations, interactive discussions, case studies, and hands-on exercises, attendees will gain practical skills to drive significant improvements in their supply chain and purchasing functions.

Key Learning Outcomes:

• Understand the principles of QRM and how they apply to supply chain and purchasing operations to reduce lead times and improve responsiveness in high-mix, low-volume, and custom production environments.
• Learn to measure and utilize Manufacturing Critical-path Time (MCT) as a performance metric to identify and prioritize improvement opportunities across supply chain functions.
• Develop strategies to enhance supply chain flexibility and responsiveness, including techniques such as time slicing, dual sourcing, and delayed differentiation.
• Gain insights into reshoring decisions using the Total Cost of Ownership (TCO) model, enabling more accurate evaluations of sourcing strategies.
• Master advanced decision-making tools for evaluating make vs. buy decisions, supplier selection, and inventory management, with a focus on reducing lead times and increasing agility.
• Apply QRM tools to real-world supply chain scenarios through hands-on exercises, enabling immediate application of learned strategies in your organization.
• Understand the role of QRM in shifting from cost-based to time-based decision-making, enhancing logistics, procurement, and supplier management to improve overall performance.