Introduction

Effective supply chain management (SCM) is critical for organizations seeking to enhance efficiency, reduce costs, and improve customer satisfaction. This course is designed to provide participants with a comprehensive understanding of supply chain concepts, strategies, and best practices. Participants will explore key components of supply chain management, including procurement, logistics, inventory management, and demand planning. Through interactive discussions, case studies, and practical exercises, this training will empower professionals to optimize their supply chains and drive organizational success.

Objectives

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

1. Understand the fundamental concepts and importance of supply chain management.
2. Analyze and improve supply chain processes to enhance efficiency.
3. Develop effective procurement and sourcing strategies.
4. Implement inventory management techniques to optimize stock levels.
5. Manage logistics and distribution networks effectively.
6. Utilize data and technology for demand forecasting and supply chain planning.
7. Assess supply chain performance and implement continuous improvement strategies.

Who Should Attend

This course is ideal for:

• Supply chain managers and professionals looking to enhance their skills.
• Logistics and operations personnel involved in supply chain activities.
• Managers and team leaders responsible for procurement and inventory management.
• Anyone interested in understanding the principles of supply chain management.

Day 1: Introduction to Supply Chain Management

• Topics Covered:
  • Definition and Importance of Supply Chain Management
  • Overview of Supply Chain Components: Suppliers, Manufacturers, Distributors, and Customers
  • Key Trends and Challenges in Supply Chain Management
• Activities:
  • Group discussions on personal experiences with supply chain issues.
  • Case study analysis of successful supply chain strategies.

Day 2: Procurement and Sourcing Strategies

• Topics Covered:
  • The Procurement Process: Steps and Best Practices
  • Developing Sourcing Strategies: Supplier Selection and Evaluation
  • Negotiation Techniques for Procurement Professionals
• Activities:
  • Workshops on creating procurement plans and supplier evaluation criteria.
  • Role-playing exercises to practice negotiation skills.

Day 3: Inventory Management

• Topics Covered:
  • Principles of Inventory Management: Types and Functions
  • Techniques for Inventory Control: Just-In-Time (JIT), ABC Analysis, and Economic Order Quantity (EOQ)
  • Strategies for Managing Inventory in a Supply Chain
• Activities:
  • Hands-on exercises to calculate inventory levels and reorder points.
  • Group discussions on overcoming inventory management challenges.

Day 4: Logistics and Distribution Management

• Topics Covered:
  • The Role of Logistics in Supply Chain Management
  • Transportation Management: Modes, Costs, and Optimization
  • Warehouse Management and Distribution Strategies
• Activities:
  • Case studies on logistics optimization and distribution networks.
  • Group activities to develop logistics plans for various scenarios.

Day 5: Supply Chain Planning and Performance Measurement

• Topics Covered:
  • Demand Forecasting Techniques and Tools
  • Supply Chain Planning Processes: Sales and Operations Planning (S&OP)
  • Key Performance Indicators (KPIs) for Supply Chain Performance
• Activities:
  • Development of individual action plans for improving supply chain processes.
  • Group presentations on supply chain performance metrics and evaluation strategies.