(Available also for Customised Training by Duration, Venue & Fee)
Programme Description
The importance of careful management of the supply chain is now most critical. Companies should recognise that proper management of the supply chain will contribute immensely to reduced cost and, in effect, increased profit.
This course addresses supply chain issues thoroughly. It treats the influence of technology, modernised transportation and the increasing complexity of modern logistics. It presents opportunities to improve productivity, inventory and distribution, as well as service levels through the active coordination and relationship of Suppliers, Producers and Customers.
Course Contents
DAY ONE
Supply Chain Groups
• The Suppliers
• The Producers
• The Customers
Levels of Supply Chain Management
• Strategic level
• Tactical level
• Operational Level
• Demand estimations
• Distribution pattern
• Service level requirements
Logistics Configuration
• Factory, Distributor, Wholesaler, Retailer
• Order lead time
• Delivery lead time
• Transportation data
o internal fleet
o external fleet
o inbound transportation
o outbound transportation
• Warehousing
o locations
o capacities
o costs
DAY TWO
Inventory Management
• Levels of Inventory
• Just-In-Time Inventory
• Keeping Accurate Records
• Ordering and storage
o Economic Lot Size
• Raw material inventory
• Work-in-process inventory
• Finished product inventory
DAY THREE
Improvements to the Flow Rate
• The Product Flow
• The Information Flow
• The Finances Flow
Supply Chain Event Management
• Inventory alerts
• Supplier alerts
• Bottlenecking
• Being proactive
Tracking and Monitoring
• Dashboard
• Alert Generation
• Stock Keeping Unit (SKU)
Outsourcing/Partnerships
• Procurement outsourcing
• Service management
• Vendor-managed inventory
• Third-party logistics
• Retailer-Supplier partnership
DAY FOUR
Pricing and Negotiation
• Market and Economic Analysis
• Procurement Pricing
• Tendering
• Contracting
Major Challenges to Effective Supply Chain Management
• Variability
• Organization silos
• The Bullwhip effect
• Trade-offs
Regulatory Systems
• Logistics of dry cargo
• Logistics of liquid cargo
Performance Measurement in Supply Chain
• Supply chain value analysis
• Importance of metrics
• Chain-wide metrics
