At the end of this course, the participants should be able to:
- Understand the key components of supply chain management and their interconnections.
- Develop strategies for procurement, supplier relationship management, and logistics optimization.
- Use demand forecasting and inventory management techniques to improve supply chain efficiency.
- Assess and manage risks in the supply chain, enhancing resilience and continuity.
- Utilize supply chain analytics and performance metrics to monitor and improve operations.
- Leverage modern technologies (AI, IoT, blockchain) to innovate and enhance supply chain processes.
- Design and implement global supply chain strategies that align with organizational goals.
Introduction to Supply Chain Management
- Defining supply chain management (SCM) and its role in business success.
- Key components of the supply chain: procurement, production, logistics, and distribution.
- Overview of supply chain strategies: just-in-time (JIT), lean, and agile supply chains.
- The role of technology in modern supply chains: automation, data analytics, and ERP systems.
Procurement and Supplier Relationship Management
- Understanding procurement processes and best practices.
- Supplier selection and performance management.
- Building and maintaining strong supplier relationships.
- Risk management in procurement and supplier disruptions.
- Ethical and sustainable sourcing strategies.
Logistics and Transportation Management
- Key logistics functions: warehousing, inventory management, and distribution.
- Transportation management: selecting modes, optimizing routes, and reducing costs.
- The role of technology in logistics: tracking systems, real-time data, and fleet management.
- Managing logistics networks for efficiency and cost-effectiveness.
Demand Forecasting and Inventory Management
- Techniques for demand forecasting: quantitative and qualitative methods.
- Inventory control methods: Economic Order Quantity (EOQ), safety stock, and inventory turnover.
- The relationship between demand forecasting and inventory management.
- Using technology to optimize inventory levels and reduce stockouts or overstock.
Risk Management and Supply Chain Resilience
- Identifying and assessing risks in the supply chain (e.g., disruptions, delays, geopolitical factors).
- Strategies for mitigating supply chain risks: diversification, contingency planning, and insurance.
- Building supply chain resilience through flexibility and agility.
- Managing global supply chains and the impact of international trade policies.
Supply Chain Analytics and Performance Measurement
- Key performance indicators (KPIs) for monitoring supply chain performance.
- Tools and techniques for analyzing supply chain data and making data-driven decisions.
- Supply chain dashboards and real-time reporting.
- Continuous improvement in the supply chain using performance metrics.
Technology and Innovation in Supply Chain Management
- The role of artificial intelligence (AI), machine learning, and blockchain in supply chains.
- Cloud computing and its impact on real-time data sharing and collaboration.
- The Internet of Things (IoT) in supply chain tracking and monitoring.
- Emerging trends in supply chain technology and innovation.
Supply Chain Strategy and Globalization
- Developing a competitive supply chain strategy aligned with business goals.
- The impact of globalization on supply chain design and operations.
- Managing cross-border supply chains and international logistics.
- Trends and challenges in global sourcing, trade, and compliance.
-