Auditing Supply Chain Management

MIS Training Institute (MISTI)
Training overview
3 days
2,395 USD
Professional course
Next start date: 7/7/2020 - Online
Start dates
Chicago
7/7/2020  
2,395 USD
Online
7/7/2020  
2,395 USD

Course description

Auditing Supply Chain Management

The management of the flows of materials, finished goods and related information to maximize the value of these activities for suppliers, companies, resellers and final consumers is vital for success in today’s fast-moving and cost-conscious economy. Organizations must coordinate operational and strategic activities across all business functions within and outside the enterprise to improve long-term performance and meet customer needs. This can only be achieved by using a total systems view of the relationships in the chain and making sure that all the parts work together efficiently and effectively. The resulting cost reduction, speed and perception of value differentiates world-class companies from those that struggle under the weight of unnecessary expenses, movements, bottlenecks and handling.

In this seminar you will learn about the units within organizations that are linked upstream and downstream to provide the products, services, information and finances from the source to end-user customers. You will also learn about the management of this chain, the planning and management of all activities involved in sourcing, procurement, conversion and logistics management, in addition to the coordination and collaboration that must exist between suppliers, intermediaries, third-party providers and customers. By focusing on business objectives, risks and leading practices that define essential control activities, internal auditors will acquire the skills to confidently audit their supply chain activities.

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Who should attend?

Senior Auditors; Internal and External Auditors; Audit Managers

Prerequisites

 Fundamentals of Internal Auditing (OAG101), Auditing the Manufacturing Process (OAP231) or equivalent experience.

Training Content


  1. Defining the Key Elements of Supply Chain Management and Strategies
  2. Key Problem Areas, Essential Documentation and Audit Testing
  3. Flexible and Agile Manufacturing
  4. Distribution Strategies
  5. Information Technology and Management
  6. Cash Flow Implications
  7. Globalization and its Compliance, Operational and Strategic Implications
  8. Forecasting
  9. Customer Relationship and Service Management
  10. Demand Management and Order Fulfillment
  11. Supplier Relationship Management (SRM)
  12. Product Development and Commercialization
  13. Warehousing and Inventory Management
  14. Returns Management
  15. Value Stream Mapping and Analysis: Lean Production and Processes to Eliminate Waste

Certification / Credits

Completion of this course is worth 24 CPE Credits

About MISTI

MIS Training Institute

MIS Training Institute (MISTI)

With offices in London and Boston, MISTI is the global leader in IT audit, audit and information security training. Founded in 1978, MISTI has gained experience through training more than 200,000 delegates across five continents.  MISTI has made it their...


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MIS Training Institute (MISTI)


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Reviews

Average rating 5

Based on 4 reviews

David H.
(5)
Dr Murdoch was great. Appreciate his expertise, experience, and approach. Supply chain is such a broad topic and he has broken it down into bite size areas that are way more manageable now and can take a more risk based approach to my work. Thanks!
Tom D.
(5)
Very educational course taught by a very helpful and knowledgeable instructor.
Lorraine, S, Pioneer Natural Rescourses Corp
(5)
I would say that the instructor gave me insight into supply chain to better target audits and identify risks.
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