INTRODUCTION
This advanced training course in Supply Chain Management has been designed to cover the essential aspects of Procurement operations management and Supply Chain supervision.
The training enables delegates to appreciate the key features, both operational and financial of effective supply chains and apply global best practice strategies within their own environment. By completing this training course, delegates will be able to develop cost and operational efficiency initiatives for each component of the supply chain, whilst effectively managing inventory and warehouse efficiency strategies.
In addition, the training covers implementation tactics of quality, environmental and safety standards, which will enable participants to make informed financial and operational decisions regarding supply chain operations. At the end of the course, delegates will have the premises to equip their organisations with global best practice strategies in supply chain management and effectively contribute to the profitability of their organisations.
PARTICIPANTS
This training course in Advanced Supply Chain Management is suitable for procurement, warehouse and supply chain practitioners and commercial management, who are looking to obtain leading edge supply chain efficiencies and competitive edge for themselves and their organisation.
COURSE CONTENT
Role and importance of the supply chain
- Overview of supply chain functions within the organisation
- Supply chain structures and reporting
- The supply chain Compass – strategic assessment & improvement toolkit
- Engaging with stakeholders
Procurement – the gateway to the supply chain
- Defining the role and responsibilities of the procurement function
- Spend area analysis – strategic v tactical
- Whole life cost analysis
- Defining organisational standards for optimum efficiency within the supply chain – including bar-coding, RFID, pack size
- Supplier contract management – contracting with the supply chain in mind (full templates will be provided to enable delegates to measure and manage: contracts, service and quality levels, spend and volumetrics)
Global standards
- 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 logistics
- Defining the role and responsibilities of the logistics function
- Utilizing the supply chain compass within logistics
- Establishing optimized logistics – journey planning, use of technology
- Hub strategies
- Multi modal logistics – opportunities and challenges within shipping, road, air, rail
- Environmental management and contribution opportunities
Bringing it all together
- Full day of practical exercises – delegates will create and test a cohesive supply chain strategy optimized for maximum operational and cost efficiency plus safety and environmental compliance
- Action planning – delegates will create individual action plans based around both their area of responsibility and the overall goals of the organisation
Inventory classification and audit
- Effectively classifying inventory – strategic v tactical, rotation speed
- Aligning inventory classifications with organisational and stakeholder needs
- Ensuring accurate records of inventory
- The Inventory management roadmap – full end to end process map
- Establishing effective audit trails and processes
Effective forecasting and peak demand planning
- Effectively forecasting demand – utilizing supply chain data mining and category management approaches
- Peak demand planning – seasonalization, moving average, exponential smoothing
- Influencing and controlling demand to maximize operational and financial resource efficiency
- Establishing process controls – including: min max, minimum order quantity, safety/buffer stock control
- Effective value judgement – cost benefit analysis of volume discount v internal cost/operational impact
Inventory cost reduction techniques
- Establishing strategic inventory cost reduction – step targeting + continuous improvement
- Obsolete & surplus stock management – establishing data driven business cases
- Establishing key cost reduction enablers within the supply chain – pack sizing, identification criteria, process cost reduction
- Effectively managing inventory risk
Performance management
- Establishing key performance metrics – Operational, Financial, Compliance, and Environmental
- Effective KPI reporting
- Engaging staff colleagues in progress reporting – including cascading, visuals, team motivation
- The effective inventory specialist
- Delegate action planning – participants will create specific departmental and individual action plans to implement the learning outcomes from the course
INSTRUCTUR
Dr. Hanifah SE,AK.,MSi, CA / Miftahol Arifin, ST, MT / Dr. Luh Gede Sri Artini, SE.,MSi and Team
PRICE
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