Supply chain and logistics management have been among the fastest evolving business disciplines over the past two decades. The continuous arrival of innovative concepts and techniques into the mainstream has resulted in a non-stop journey of learning and development for professionals in supply chain and logistics. This course covers the latest essential practices in forecasting, planning, procurement, transportation, warehousing and logistics. It also covers the Supply Chain Operations Reference (SCOR) framework for continuous performance improvement across the supply chain.
Course Methodology
This course leverages a variety of learning tools including individual exercises, group discussions, case studies and videos.
Course Objectives
By the end of the course, participants will be able to:
Recognize trends and modern practices in supply chain and logistics management
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 theSupply Chain Operations Reference (SCOR) framework for management of supply chain performance
Target Audience
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.
Target Competencies
Supply chain management
Logistics
Forecasting and materials planning
Transportation
Warehousing
Reverse logistics
Sustainable operations
Course Outline
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 reorder points
Replenishment strategies
Make-to-stock
Make-to-order
Assemble-to-order
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