(Available also for Customised Training by Duration, Venue & Fee)
Course Contents
DAY ONE
Background and the Concept of Chokepoints
Understanding the Chokepoints in Supply Chain
- Supply chains and their complexities
- The various sectors in the Supply Chain
- Awareness of where your chokepoints can exist
- Ways chokepoints can fail
Production Chain Chokepoints
- Length of the production chain and product flow
- Shipping risks
- Tariff changes
- Taxes
- Trade Union disputes
- International trade wars
- Political instability
- Establishing a fix for each chokepoint
DAY TWO
Forecasting Chokepoint Dependencies
- Data Analysis for chokepoint occurrence
- Cascading data for predictions
- Reworking your schedule
- Widening your choking hazard timeframe
- Stockpiling components and supplies
Easing the Choke
- Staying informed of potential adversities
- Best available domestic or local suppliers
- Hedging with dual or multiple vendors sourcing
- Just-in-Time Production
DAY THREE
Working Capital Implications
- Securing a business loan
- Your business strength for a line of credit
Your Own Service Quality System
- Your system’s quality customer-orientation culture
- Your third-party subcontractor service quality and integrity
