Advanced Supply Chain Management

This Advanced Supply Chain Management course will cover:

Understanding the Supply Chain

• Overview of supply chain functions within the organisation
• Supply chain management definitions
• The golden rules of supply chain management
• Supply chain models and types
• The global supply chain and integration

Role and importance of the Integrated Supply Chain

• Fundamentals of Procurement
• Fundamentals of Logistics
• Fundamentals of Warehouse Management
• Fundamentals of Transportation
• Logistics and Supply Chain Strategy

Supplier Relationship Management (SRM)

• Introduction to the principles of SRM
• The importance of the buyer/supplier relationship
• Developing the SRM strategy
• Collaboration and joint working
• Motivating suppliers and continuous improvement

Goals and objectives of Supplier Management

• Key roles and responsibilities
• Identify and agree deliverables from suppliers
• Aligning the goals with the procurement strategy
• Involving the relevant stakeholders
• Identifying risks and their impact/probability

The Strategic Warehouse

• Defining the role and responsibilities of the warehouse function
• Utilizing the supply chain compass within the warehouse
• Space allocation and product driven category management strategies
• Inventory management strategies – including optimum stock levels, obsolete/slow moving stock
• Effective forecasting and planning

Strategic Management of Inventory and all types of Stock

• Inventory classification and audits – ABC analysis or the 80/20 rule
• Implementing leading edge strategies – MRP, JIT, Kaizen, and Kanban
• Effective forecasting and peak demand planning
• Inventory cost reduction techniques
• Effectively managing inventory risk

Logistics and Supply Chain Strategy

• The processes and activity mix - costs, customer expectations and strategy
• Logistics planning levels and making tactical decisions.
• Logistics and customer relations - defining the optimum service level
• Logistics concerns about service variability and constraints
• Logistics information and management information systems

Supply Chain Risk Management

• Understanding the various risks in the supply chain
• Identifying supply chain instabilities and risks
• How to reduce supply chain risks
• Using risk management tools and techniques
• Supply chain resilience

Supplier Management

• Transforming the supplier relationship
• Supplier evaluation criteria
• Appropriate supplier methodologies
• Total Cost Approach
• Shrinking the supplier base