Description

A supply chain is the network of all the individuals, organizations, resources, activities and technology involved in the creation and sale of a product, from the delivery of source materials from the supplier to the manufacturer, through to its eventual delivery to the end user. Concomitantly, Supply Chain Management (SCM) is the oversight of materials, information, and finances as they move in a process from supplier to manufacturer to wholesaler to retailer to consumer. The three main flows of the supply chain are the product flow, the information flow and the finances flow. SCM involves coordinating and integrating these flows both within and among companies.

This introductory course is directed to provide participants with the fundamental concepts for planning and controlling the flow of materials into, through, and out of an organization. It explains essential relationships among the activities that occur in the supply chain from suppliers to customers. Additionally, the course addresses different types of manufacturing systems, forecasting, master planning, material requirements planning, capacity management, production activity control, purchasing, inventory management, distribution, quality management, and lean manufacturing.

PROGRAM OBJECTIVES

Upon completion of this course, participants will have a sound understanding about:

• Business concepts related to supply chain management
• Demand planning and management
• Elements of the supply chain
• Enterprise resources planning (ERP)
• Fundamentals of finance related to SCM
• Inventory control
• Lean manufacturing
• Purchasing
• Sales and operations planning – Material resources planning
• Supply and Physical Distribution Systems
• Total quality management (TCM)
• Transformation of Demand into Supply

LEARNING OUTCOMES:

By the end of this course, participants should be able to:

• Understand the structure of supply chains and the different ways through which supply chains can become competitive in the market
• Analyse the importance of the process called material requirements planning (MRP)
• Assess accurately the risks occurred due to loss of focus on the satisfaction of end‐customer demand
• Distinguish the forces shaping international logistics in a global market
• Examine the importance of the term “value creation” and to propose actions in the field of management of logistics costs towards the creation of value
• Explain how to use the levers of the logistics strategy to redefine the points necessary to make this harmonization
• Explore the history and nature of forecasting
• Discuss the principles of customer demand
• Present the options available for managing inventory and orders

WHO SHOULD ATTEND

Individuals who work or plan to work in Supply Chain and Inventory Management, and anyone who wants to learn more about the unique relationship between manufacturing and logistics. including:

Business Owners
Operations Managers
Procurement Clerks
Retail Buyers
Retail Merchandisers
Shipping and Receiving Clerks
Supply Chain Assistants
Warehouse Supervisors
Warehouse Team Leaders
Wholesale Buyers