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Logistics & Supply Chain Management

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.