Course description
Highlights:
- SCM Fundamentals: Learn the core concepts of SCM, its components, and its role inbusiness success. - Supply Chain Strategy: Understand how to develop and implement effective supply chainstrategies. - Inventory and Demand Management: Master techniques for inventory control, demandforecasting, and stock optimization. - Technology in SCM: Explore the role of technology and systems (such as ERP and SCMsoftware) in optimizing supply chain operations.
Course Objective:
By the end of this course, you will be able to: - Understand the key components and processes involved in supply chain management.
- Develop strategies for optimizing supply chain functions, including procurement, production, and distribution. - Apply inventory management techniques to balance supply and demand. - Leverage technology and software tools for enhanced supply chain visibility and decision- making. - Assess supply chain risks and implement strategies to mitigate them. - Integrate sustainability practices into supply chain management to drive long-termvalue.
Course Structure:
1. Introduction to Supply Chain Management
- Overview of supply chain management and its significance in business
- Key components of the supply chain: Suppliers, manufacturers, distributors, retailers, andcustomers
- The role of logistics, procurement, and inventory management in SCM- The relationship between supply chain management and other business functions (e.g., marketing, finance, and operations)
2. Supply Chain Strategy and Design
- Developing a supply chain strategy aligned with business goals and objectives
- Types of supply chain designs: Efficient, responsive, agile, and custom- Global supply chain management: Challenges and opportunities in international trade- Building a competitive advantage through supply chain strategy
3. Procurement and Supplier Management
- Procurement processes: Sourcing, supplier selection, and contract management
- Managing supplier relationships: Performance evaluation and collaboration
- Strategic sourcing and the role of procurement in cost management
- Risk management in supplier networks and ensuring supply chain continuity
4. Inventory Management and Demand Forecasting
- Inventory control techniques: Economic Order Quantity (EOQ), Just in Time (JIT), andSafety Stock
- Demand forecasting methods: Qualitative and quantitative forecasting models
- Balancing inventory levels with demand to minimize stockouts and excess inventory
- The impact of inventory management on supply chain efficiency and costs
5. Production and Operations Management
- The relationship between production planning and supply chain performance
- Capacity planning, scheduling, and resource optimization in manufacturing
- Managing lead times, batch production, and mass production
- Lean manufacturing principles and techniques for reducing waste in production
6. Transportation and Distribution Management
- The role of transportation in supply chain management: Modes of transport, route
planning, and cost optimization
- Distribution network design: Decentralized vs. centralized distribution, cross-docking, andfulfillment strategies
- Managing transportation costs and improving delivery performance
- Last-mile delivery solutions and managing customer expectations
7. Supply Chain Technologies and Software
- Key technologies in supply chain management: ERP, TMS (Transportation Management
Systems), WMS (Warehouse Management Systems), and SCM software
- The role of data analytics, IoT (Internet of Things), and blockchain in supply chain
optimization
- Supply chain visibility and real-time tracking systems
- Automating supply chain processes to increase efficiency and reduce errors
8. Supply Chain Risk Management and Resilience
- Identifying and assessing risks in the supply chain: Natural disasters, geopolitical issues, supply disruptions, and cyber threats
- Strategies for mitigating supply chain risks and ensuring business continuity
- Building a resilient supply chain through diversification and flexibility
- Crisis management and recovery plans in
9. Sustainability and Ethical Practices in Supply Chain Management
- The importance of sustainability in supply chain operations
- Green supply chain management: Reducing carbon footprint, waste, and energy
consumption
- Ethical sourcing and supplier responsibility: Labor standards, environmental impact, andfair trade practices
- The future of sustainable supply chains and its impact on business reputation and
profitability
Learning Methodology:
- Interactive Lectures: Learn through structured lessons delivered by SCMexperts andindustry professionals. - Hands-on Practice: Work with real-world case studies, examples, and SCMsoftware tools. - Assessments and Quizzes: Regular assessments to evaluate understanding and reinforcelearning. - Live Sessions: Participate in live Q&A sessions for clarification and support. - Discussion Forums: Engage with peers and instructors to solve SCM-related challenges andshare insights.
Who Should Enroll:
- Supply chain professionals, managers, and coordinators seeking to enhance their SCMknowledge and skills
- Operations managers and team leaders involved in production, procurement, and logistics- Business owners and entrepreneurs looking to optimize their supply chain processes
- Students pursuing careers in supply chain management, operations management, or
logistics
- Anyone interested in learning how to manage and optimize supply chain operations for
business success
This Supply Chain Management course is essential for anyone looking to master the
principles and practices of SCM. Whether you're an industry professional, business owner, or
student, this course will provide you with the tools and knowledge necessary to optimizesupply chain processes, reduce costs, improve operational efficiency, and build a resilient
and sustainable supply chain.
