Managing Production Operations
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Managing Production Operations Course
Introduction:
Welcome to the Supply Chain and Logistics Process Improvement course, where we embark on a journey through one of the most rapidly evolving disciplines in modern business. Over the past two decades, supply chain and logistics have witnessed constant innovation, introducing new concepts and techniques that demand continuous learning and development from professionals in the field.
This course is designed to equip you with the latest essential practices in forecasting, planning, procurement, transportation, warehousing, and logistics. By staying up-to-date with these practices, you will be able to optimize your supply chain and logistics operations, drive efficiency, and achieve superior performance.
Throughout this course, we will explore the Supply Chain Operations Reference (SCOR) framework, which serves as a valuable tool for continuous performance improvement across the entire supply chain. By understanding and applying the SCOR framework, you will gain the knowledge and skills needed to identify areas for improvement, implement best practices, and enhance overall supply chain performance.
Our program will cover a wide range of topics, including demand forecasting techniques, inventory management strategies, strategic procurement approaches, transportation optimization, warehouse design and operations, and logistics management. By delving into these areas, you will develop a holistic understanding of the supply chain and logistics ecosystem and learn how to leverage innovative practices to drive success.
Real-world case studies, interactive discussions, and practical exercises will be incorporated to provide a dynamic and engaging learning experience. You will have the opportunity to apply your knowledge and skills in simulated scenarios, enabling you to develop proficiency and confidence in implementing process improvements in supply chain and logistics.
By the end of this course, you will possess the expertise and tools necessary to drive process improvements and optimize supply chain and logistics operations. Whether you are a supply chain manager, logistics professional, or involved in related roles, this course will empower you to stay ahead of the curve and achieve excellence in your field.
Join us on this transformative journey as we delve into the ever-evolving world of supply chain and logistics process improvement. Together, we will explore the latest practices, leverage the SCOR framework, and unlock the potential for continuous improvement and success within your supply chain operations.
Course Objectives:
By the end of the course, participants will be able to:
- Recognize trends and modern practices in supply chain and logistics Process Improvement
- Practice forecasting and inventory optimization techniques
- Appraise item categories and formulate appropriate sourcing strategies
- Describe the role and objectives of transportation management in logistics
- Use value-adding warehousing techniques
- Apply the Supply Chain Operations Reference (SCOR) framework for Process Improvement of supply chain performance
Who Should Attend?
Supply chain and logistics professionals, in particular those at the operational, supervisory and management level. In addition, this course is ideal for those seeking to complement their supply chain and logistics experience with the latest theoretical knowledge in preparation for assuming a higher position.
Course Outlines:
Modern supply chain and logistics trends
- Supply chain overview
- Role of logistics
- Sustainability in supply chains and logistics
- Supply chain configuration
- 3PL concepts
4PL concepts
- Materials forecasting and inventory planning
- Qualitative forecasting theories
- Forecasting panels
- Thought leaders
- Delphi technique
- Quantitative forecasting techniques
- Seasonal demand forecasting
- Moving average
- Weighted moving average
- Exponential smoothing
- Forecasting error
- Identifying bias
- Determining economic order quantities
- Determining to reorder points
- Make-to-stock
- Make-to-order
- Assemble-to-order
- Replenishment strategies
Procurement and go-to-market strategies
- Role of procurement
- Procurement process flows
- Sourcing strategies
- Vendor management
- Partnerships and alliances
Role of transportation and shipping in logistics
- Definition of fleet management
- Objectives and costs of fleet management
- Transportation modes
- Optimized routing and cubing
- Incoterms for international commerce
Role of warehousing in logistics
- Warehousing network design
- Configuration of warehousing space
- Value adding activities
- Stockpiling, spot stocking and assortments
- Cross docking, break bulking and consolidation
- Mixing, postponement and assembly-to-order
- Warehousing equipment and tools
- Reverse logistics
Supply Chain Operations Reference (SCOR) framework for performance management
- SCOR framework overview
- Identifying level 1, 2 and 3 SCOR metrics
- Customizing level 4 SCOR metrics
- Setting performance targets
- Continuous performance improvement