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Course Summary

This course provides a comprehensive overview of supply chain management, focusing on strategic alignment, demand forecasting, priority planning, supply management, inventory control, and continuous improvement to enhance overall efficiency and resilience.

Upcoming Events

Event Details

24 hours
Available virtually via Zoom or on-site at your organization

Description

This course offers a comprehensive overview of supply chain management (SCM) and its role in business strategy. It covers core concepts including demand management, priority planning, supply management processes, inventory control, and continuous improvement. Participants will learn to apply effective SCM strategies, explore the latest tools and methodologies, and understand how to improve efficiency and resilience within the supply chain to achieve competitive advantage.

Who Should Attend

This course is designed for professionals in supply chain, operations, logistics, and production management, including those who are involved in decision-making, process optimization, and strategic planning. It is suitable for both those new to the field and experienced professionals looking to deepen their knowledge.

Learning Objectives

Through training, participants will gain the skills to align supply chain management with business strategy, optimize demand forecasting, prioritize planning, manage supply and inventory processes, and implement continuous improvement techniques to enhance supply chain efficiency and resilience.

Course Outline

  1. Overview of supply chain management in the context of business strategy. (4 Hours)
    • Business planning, competitive advantage, supply chain implications.
    • Characteristics of supply chains
    • Bullwhip effect
    • Supply chain management maturity
    • Collaborative planning forecasting and replenishment
    • Organization structures within supply chain management
    • Manufacturing planning and control framework
    • Production environments
  2. Demand management processes (4 Hours)
    • Characteristics and types of demand
    • Time fences and planning zones
    • Business planning
    • Principles of forecasting
    • Qualitative and quantitative forecasting methods
    • Forecast bias and error
  3. Priority planning (4 Hours)
    • Production plan
    • Sales and Operations Planning (S&OP)
    • Master scheduling
    • The Master production Schedule (MPS)
    • Capacity planning
  4. Supply management processes (4 hours)
    • Buy
      • Supplier selection
      • Supplier management
      • Collaborative planning, forecasting, and replenishment (CPFR)
      • Negotiating
      • Supply chain resilience
    • Make
      • Chase production vs. Level load production
      • Capacity planning
      • Dispatching
      • Control of production
      • Theory of constraints & synchronous flow systems
  5. Inventory (4 hours)
    • Types and functions of inventory
    • Typical inventory costs
    • ABC classifications
    • Inventory accuracy
    • Safety stock and service levels
    • Inventory replenishment methods
    • Order quantities
  6. Continuous improvement (CI) (4 Hours)
    • Benchmarking
    • Quality improvement methods
    • Balanced scorecards
    • Lean manufacturing concepts
    • Design for DFM / DFSC

Prerequisites

None

Instructors

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