Introduction
This course on Logistics and Supply Chain Management emphasizes the critical aspect of organizational sustainability, a subject gaining significant traction over the past decade and now a focal point at executive levels worldwide. The essence of this course is to explore how supply chains manage environmental concerns, waste, risk identification, and enhancement processes.
Course Objectives
- Acquire fresh perspectives on optimizing logistics and supply chain for a strategic edge.
- Deepen knowledge on the role of logistics and supply chain in enhancing financial outcomes and reducing costs.
- Understand various methods and models that can be adapted across diverse markets.
- Explore contemporary views on supply chain strategies, organization, and operational execution.
Target Audience
- Upper-level Supply Chain Managers and Executives seeking to lead and innovate in supply chain management along with peers who wish to explore advanced practices and methodologies.
- Emerging Supply Chain Executives aiming to quickly assimilate cutting-edge concepts, frameworks, and practical applications.
- Marketing, customer service, and production leaders who aim for deeper integration of supply chain insights to boost business performance.
- Professionals eager to drive actionable changes in the supply chain to elevate value and cut costs.
Course Outlines
DAY 1: Foundations of Logistics and Supply Chain
- Defining Logistics and Supply Chain Management.
- Evolution and Historical Context.
- Dynamics of Supply Chains.
- Overview of Global and International Logistics.
- Examining Supply Chain Operations Reference Models (SCOR).
- Insights into the Theory of Constraints (TOC).
DAY 2: The Economics of Transportation
- The Impact of Transportation within Logistics.
- Decision-Making in Transportation Management.
- Examination of Transportation Modes and Intermodal Systems.
- Understanding International Commercial Terms and Associated Liabilities.
- Transportation Documentation Essentials.
- Managing Hazardous Materials in Transit.
DAY 3: Enhancing Performance through Risk and Warehouse Management
- Identifying Key Performance Indicators (KPIs) for Supply Chains.
- Warehouse Management:
- Strategic Role in Supply Chains.
- Streamlining Flows and Processes.
- Selecting Appropriate Equipment.
- Addressing Supply Chain Risks:
- Operational, Inventory, and Financial Risks.
- Exchange Rate Variabilities.
- Planning for Disruptions and Enhancing Security.
DAY 4: Procurement Strategies within the Supply Chain
- Distinctions between Procurement and Purchasing.
- Roles and Importance of Procurement and Purchasing.
- Supporting Operational Demands.
- Managing the Procurement Cycle and Supplier Relationships.
- Fostering Collaboration across Departments.
- Defining Team Roles and Responsibilities.
DAY 5: Advanced Inventory Management
- Utilizing Statistics in Inventory Management.
- Financial Aspects of Inventory.
- Implementing Selective Inventory Control Systems.
- Comprehensive Analysis of Inventory Status.
- Strategies for Reducing Surplus and Obsolete Stock.
- Enhancing Overall Supply Chain and Logistics within the Organization.
