Advanced Supply Chain Management
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Advanced Supply Chain Management Course
Introduction:
In order to establish an advanced and robust supply chain, organizations need to possess a sophisticated understanding of various factors, including the interactions and influences between businesses-to-businesses, businesses-to-consumers, and businesses-to-government.
The Advanced Supply Chain Management Training course is designed to equip delegates with the latest cutting-edge principles and practices required to develop and manage sophisticated supply chains. Regardless of the desired level of advancement, whether aiming for the highest end of technology-driven supply chains or transitioning from a transactional to a strategic approach, this course is tailored to help organizations transform their supply chain interactions.
Throughout this intensive program, delegates will gain valuable insights into analyzing and navigating the stages and challenges involved in developing and delivering an advanced supply chain. The training covers a comprehensive range of topics, encompassing operations, purchasing, logistics, and process integration, both in domestic and global supply chain contexts.
By participating in this course, delegates will be guided through effective supply chain management strategies, enabling them to address the complexities and dynamics of supply chain activities. They will acquire the knowledge and skills necessary to optimize operations, enhance purchasing processes, streamline logistics, and achieve seamless process integration.
Join us on this transformative journey of advanced supply chain management, where you will gain a deep understanding of supply chain dynamics and learn to implement best practices that drive operational excellence. Whether you are aiming to elevate your supply chain to new heights or seeking to transition to a more strategic approach, this course will empower you to achieve your goals and stay ahead in today's competitive business landscape.
Course Objectives:
Upon completion of this Advanced Supply Chain Management Course you should be able to:
- Identify the core drivers of Supply Chain Management
- Discuss the importance of Quality within the delivery of customer expectations in the Supply Chain
- Evaluate the core elements of lead-time
- Assess the Total Cost of Ownership of activities within the Supply Chain
- Define and identify value-added across the Supply Chain
- Identify and link the various Supply Chain elements
- Understand the objectives and components of supply chain management.
- Recognize local, regional, and global supply chain management activities
- Comprehend a brief history and current trends in supply chain management.
- Comprehend the bullwhip effect and how it impacts the supply chain.
Who Should Attend?
Advanced Supply Chain Management Training, is ideal for people who are working in:
- Supply chain management
- Logistics
- Forecasting and materials planning
- Transportation
- Warehousing
- Reverse logistics
- Sustainable operations
Course Outlines:
Supply Chain Management: An Overview
- Definition of Supply chain management.
- The vital role of supply chain management.
- The history of supply chain management.
- The fundamentals of supply chain management.
- Nowadays trends in supply chain management.
Supply Issues in Supply Chain Management
- Introduction to Purchasing management.
- The vital role of supply management in an organization
- The Manual Purchasing system vs. Electronic Procurement systems.
- The Make-or-Buy decision.
- Roles of the supply base.
- Purchasing Organization and the advantages of Centralization and Decentralization.
- Procurement in Government and Non-profit Agencies.
Creating and Managing Supplier Relationships
- Building trust.
- Shared Vision and Objectives.
- Personal Relationships.
- Mutual Benefits and Needs.
- Commitment and Top Management Support.
- Performance metrics.
- Continuous improvement.
Ethical and Sustainable Sources
- Understanding Ethical and sustainable sources.
- Build up ethical and sustainable sources strategies.
- Ethical and sustainable sourcing initiatives.
- Early supplier involvement.
- Strategic alliance development.
- Rewarding supplier performance.
- Benchmarking successful sourcing practices.
Demand Forecasting
- Introduction to demand forecasting.
- The importance of demand forecasting.
- Forecasting techniques.
- Forecast accuracy.
- Collaborative planning, forecasting, and replenishment.
Resource Planning Systems
- Operations planning.
- The aggregate production plans.
- The master production schedule.
- The material requirement plan.
- Capacity planning.
- The distribution requirements plan.
- The legacy material requirements planning systems.
- The development of enterprise resource planning systems.
- Implementation.
Inventory Management
- Introduction to Inventory Management.
- Dependent demand Vs. Independent demand.
- Concepts and Tools of Inventory management.
- Inventory models.
- The Economic Order Quantity model.
- The Quantity Discount Model.
- The Statistical Reorder Point.
Process Management – Lean and Six Sigma in the Supply Chain