Your organization can increase customer satisfaction, increase efficiency and reduce costs by improving the management of your supply chain. This Training course offers comprehensive understanding of finances, logistics, tracking, monitoring, inventory management and delivery of products and services to build enhanced supply chains.
Fundamentals of Supply Chain Management
Supply Chain Management requires effectively managing the flow of materials, information and finances as they move from supplier to manufacturer to wholesaler to retailer and finally to the consumer. To better compete in a global economy, organizations are finding that a well-managed supply chain is the key to success.
COURSE OBJECTIVES
- Explain supply chain management, contrast it from operations management and propose the main performance drivers of supply chain performance
- Assess the strategic role and impact of IT technologies on supply chain integration
- Express the major slacks in supply chains and formulate the approaches to manage them
- Construct a model to generate forecasts for a company’s products
- Conceptualize the phenomenon of bull-whip effect in supply chains and propose the methods to mitigate its effect in supply chains
- Analyze the inventory management methodologies and apply the existing models to propose the optimal order sizes
- Develop an aggregate production plan for a company
- Evaluate modes of transportation; assess the selection criteria and select transportation options
- Analyze the various factors to select an appropriate location for a facility
- Evaluate the sourcing decisions and prepare the supplier selection and ranking model
- Interpret the strategic framework and synthesis for supply chain operational (SCOR) model
- Support the applications of supply chain concept for environment sustainability and humanitarian aid during disaster events
COURSE CONTENT
- Introduction to Supply Chain Management & Case Analysis
- Strategic Importance of IT in Supply Chain & Computer Simulation
- Supply Chain System Slacks
- Demand Management
- Supply Management
- Inventory Management
- Production Management
- Location Management
- Source Management
- Supply Chain Strategy
- Special Types of Supply Chains