Advanced Supply-Chain Management
This course is aimed at both suppliers and buyers who need an overview of the key issues and drivers involved when viewing supply chains from a logistics/demand point of view. It examines what logistics and supply chain management are fundamentally about and the key aspects established are that time is cash; movement to the customer is all that adds value, working with all involved pays, and that having to look outside of the box is fundamental. It will also explore how to change current methods and activities so that benefits are obtained.
Throughout the course, the rules for Effective Supply Chain Management are identified and discussed along with relevant best practice guidelines.
At the end of the course participants will be able to:
· Give knowledge of effective logistics and supply chain management practices
· Analyze and examine current operations
· To make organizational improvements
· Appreciate changes to business processes that are taking place
· Gain the financial benefits that effective supply chain management can bring
· Determine how time “secretly’ builds up in supply chains and that time is cash
· Be able to understand, recall and apply improvements after the seminar for work based application
· Best in class practices
This course is designed for supply chain management role (purchasing, production, inventory, control, logistics, demand management, design, distribution or any related functional areas of supply chain) will find the programme both challenging and stimulating. Whether new to the profession or time-served at a senior level, the participants will benefit from a program which explores the essential elements of logistic management, the current challenges and modern advancements. This course covers all functions of supply chain inventory, warehousing, purchasing and transportation who are concerned with the successfully providing acceptable customer or user service at a minimum cost; also, for anyone who needs to know more about the role of logistics and supply chain management.
Understanding What Supply Chain and Logistics Management
· Definitions of logistics and supply chain management
· The interactions and connections of buying, making, moving and selling activities
· History and a view of future development
Key Aspects of Supply Chain Management
· The cost/service balance
· Customer service principles
· Lead times throughout the supply chain
· Adding value
· Production options/changes
· Trade off opportunities
The Benefits of Adopting a Supply Chain Strategy
· Understanding the sub functional conflicts
· Benefits within and between functions taking a supply chain view of total acquisition costs
· Accepting that competitive advantage comes from the supply chain
Why a supply chain approach will change traditional ways
· Looking at demand amplifications and the ‘forester’ effect
· Seeing how we currently manage the supply chain
· Changing the way we manage the supply chain of effectiveness
Impacts to the Supplier/Customer Relationships
· Practical effects on lot sizes/order quantities
· Reducing costs
· Sharing internal and external barriers
· Interfacing versus integrating relationships
Implementing a Logistics / Supply Chain Management Approach
· The changes needed with suppliers and customers
· The changes need to internal organization and management practices
· Potential action needed
· The ‘doing nothing’ future with ‘lessons from experience’
· Guarding against futures of higher stock levels and competition gains
· Breaking down traditional silo/closed management
A variety of methodologies will be used during the course that includes:
This rate includes participant’s manual, Hand-Outs, buffet lunch, coffee/tea on arrival, morning & afternoon of each day.
Daily Course Timings:
08:00 - 08:20 Morning Coffee / Tea
08:20 - 10:00 First Session
10:00 - 10:20 Coffee / Tea / Snacks
10:20 - 12:20 Second Session
12:20 - 13:30 Lunch Break & Prayer Break
13:30 - 15:00 Last Session