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Supply Chain Management

Effective development and management of a supply chain network is an invaluable source of sustainable advantage in today’s turbulent global marketplace, where demand is difficult to predict and supply chains need to be more flexible as a result

Description

Logistics, the Supply Chain and Competitive Strategy

  • Introduction
  • Definitions of Stock Control/Inventory
  • Reasons for holding stock
  • Types of Stock
  • Supply chain management is a wider concept than logistics competitive advantage
  • The supply chain becomes the value chain
  • The mission of logistics management
  • The supply chain and competitive performance
  • The changing competitive environment

 

Logistics and Customer Value

  • The marketing and logistics interface
  • Delivering customer value
  • What is customer service?
  • The impact of out-of-stock
  • Customer service and customer retention
  • Market-driven supply chains
  • Defining customer service objectives
  • Setting customer service priorities
  • Setting service standards

Measuring Logistics Costs and Performance

  • Bar Coding systems
  • Selection of Storage Techniques
  • Use of EDI Links for stock ordering
  • Parts identification
  • Continuous Inventory knowledge
  • Logistics and the bottom line
  • Logistics and shareholder value
  • Logistics cost analysis
  • The concept of total costing
  • Customer profitability analysis
  • Direct product profitability
  • Cost drivers and activity-based costing

Matching Supply and Demand

  • The Distribution system
  • Role of Depots and Warehouses
  • Integrated transport
  • Integrated systems
  • The lead-time gap
  • Improving the visibility of demand
  • The supply chain fulcrum
  • Forecast for capacity, execute against demand
  • Demand management and planning
  • Collaborative planning, forecasting and replenishment

Creating the Responsive Supply Chain

  • Differing types, Structure
  • Third party v Self organization
  • Product 'push' versus demand 'pull'
  • The foundations of agility
  • A route map to responsiveness

Strategic Lead-time Management

  • The Impact of Technology
  • Availability of Systems
  • Paperless Warehouse
  • Scanners, Chips and Radios
  • Maximizing the space!
  • The extended enterprise and the virtual supply chain
  • The role of information in the virtual supply chain
  • Laying the foundations for synchronization
  • 'Quick response' logistics
  • Production strategies for quick response
  • Logistics systems dynamics

 

Complexity and the Supply Chain

  • The sources of supply chain complexity
  • The cost of complexity
  • Product design and supply chain complexity
  • Mastering complexity

Managing the Global Pipeline

  • The trend towards globalization in the supply chain
  • Gaining visibility in the global pipeline
  • Organizing for global logistics
  • Thinking global, acting local
  • The future of global sourcing

Managing Risk in the Supply Chain

  • Forecasting and Replenishment Background
  • Error avoidance in forecasting
  • Dealing with uncertain demand
  • Casual forecasting
  • Why re supply chains more vulnerable?
  • Understanding the supply chain risk profile
  • Managing supply chain risk
  • Achieving supply chain resilience

Overcoming the Barriers to Supply Chain Integration

  • Creating the logistics Vision
  • The problems with conventional organizations
  • Developing the logistics organization
  • Logistics as the vehicle for change
  • Benchmarking

Creating a Sustainable Supply Chain

  • The triple bottom line
  • Greenhouse gases and the supply chain
  • Reducing the transport-intensity of supply chains
  • Peak oil
  • Beyond the carbon footprint
  • Reduce, reuse, recycle
  • The impact of congestion

The Supply Chain of the Future

  • Emerging mega-trends
  • Shifting centers of gravity
  • The multi-channel revolution
  • Seeking structural flexibility

JIT systems, MRP

  • Thinking and Principles of JIT
  • Achieving the aims
  • Benefits of JIT
  • MRP-benefits
  • Limitations of both systems
  • Comparisons of other inventory systems

Changing nature of the Supply Chain

  • Setting Stock and Service levels
  • Trends in logistics and distribution
  • Trends in Information Technology-automation

Centralization of Distribution nodes – the Global approach

Course objectives

On completion of this course you should be able to:

  • Minimize costs and enhance your customer value through effective development and management of supply chain network.
  • Consider the networks of relationships, sustainability and product design, as well as the logistics of procurement, distribution, and fulfillment.
  • Examines the tools, core processes and initiatives that ensure businesses gain and maintain their competitive advantage. 
  • Manage supply chain relationships and understand gain an understanding of product design in the supply chain
  • Match supply and demand as well as creating a sustainable supply chain
  • Recognize the distinctive nature of the topic
  • Understand the role of Stock Management within Organizations
  • Appreciate the challenges of the changing nature of the industry and the effective
  • implementation of new and emerging systems
  • Plan and organize more effectively including scheduling
  • Understand basic techniques such as Demand Forecasting, JIT, and MRP
  • Understand the essence of effective Warehouse Planning
  • Monitor and measure performance
  • Describe the terms used in the Industry and be familiar with these
  • Develop an ability to forecast Demand
  • Use a structured approach to warehousing and its solutions
  • Describe the main ways in which line managers can contribute to the development of
  • good Stock Control
  • Develop an ability to recognize commercial opportunities in good Inventory Control

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