online course for supply chain management
online course for supply chain management established without any doubt whatsoever that lean supply
chains and efficient logistics and Procurement systems lead directly to
increased bottom line profits. Leading edge companies which successfully
gain competitive advantage and which are able to implement immediate cost
savings, are those which possess knowledgeable and skilful logistics
professionals
Upon completion of this course, participants will be able to
Provide a working definition of value
Compare the various perspectives of value and understand that supply
chain management enables companies to manage the trade-off between
these perspectives
Identify the three ways to measure value: operational, customer, and
financial
Explain the causes of non-value-added activities
Understand that supply chains increase net value by increasing valueadded activities as well as minimizing non-value-added logistics
activities
Identify how Logistics Management creates net value according to the
three ways of measuring value. Accredited Education Providers for International Purchasing &Supply Chain Management Institute and American Certification
Institute, Delaware, USA.
- BUILD A COMPETITIVE INFRASTRUCTURE
Upon completion of this course, participants will be able to
Identify the right supply chain for a given business strategy
Define the three kinds of Logistics chains found in every business
Describe a Logistics and supply chain in terms of the three types of
flows
Define the four ways customers interact with supply chains
Compare alternative supply chain structures
Describe how Internet technologies enable supply chains
Use a velocity figure of merit to compare Logistics Management
alternatives
Describe how trust among trading partners maintains supply chain
alignment
Identify commonly encountered issues that erode trust.
3 LEVERAGE WORLDWIDE PROCUREMENT
Upon completion of this course, participants will be able to
Define Logistics
Explain the increasing importance of Logistics in today’s business
world
Describe the major decisions faced in analyzing Logistics and explain
how these decisions support the physical and information flows in a
supply chain
Compare the landed cost of physical goods procured domestically vs.
physical goods procured internationally
Explain how standardized Logistics can be used to integrate physical
goods from different countries of origin into the supply chain
Discuss the goals of an effective logistics strategy and explain how
the different pieces of a Procurement system work together to support
the buying strategy
Identify the logistics and distribution Channels risks associated with
managing a worldwide supply chain.
Accredited Education Providers for International Purchasing &Supply Chain Management Institute and American Certification
Institute, Delaware, USA.
Logistics, Procurement and Supply Chain Management Course
Content
DAY 1
Supply Chain Management
Actual process of the Supply Chain
Major functions of the Supply Chain
The Supply Chain Structure
Supply Chain and Demand Chain
Supply Chain underlying Principles- the 4Cs
Dealer and Value Chain Management
The Bullwhip Phenomenon
Understanding the Procurement Cycle
Requirement to Procure
Plan the Process of procurement
Prepare the documentation
Identify possible suppliers
Issue/Receive back the tender/quotation documentation
Evaluate the submissions
Negotiate
Award and place the contract
Delivery
Pay the supplier
Manage and monitor the contract
Review the Procurement process