The Fundamentals of Supply Chain Management
Supply chain management is not only a process designed to generate a cost reduction or operational efficiencies within an organisation. When aligned with the strategic objective of the organisation, it also becomes a source of competitive advantage over rivals.
This foundational course will help all managers to better understand what a supply chain is and how their roles impact and interact with, their end-to-end supply chain process.
Who is the programme for?
- Demand managers
- Sales executives
- Operations managers
- Finance managers
- Purchasing and procurement professionals
- Category managers
- Supply chain professionals
- Logistics managers
- Material planners
- Production management
Participants will learn how to:
- Understand the role of the supply chain within the wider business context
- Become aware of the fundamental trade-offs in the supply chain (e.g. supply chain cost vs service level, efficiency vs flexibility etc.)
- Understand the importance of supply chain planning and be able to identify its key components
- Develop awareness of the key challenges in modern inventory management and distribution; become familiar with tested practices that allow responding to these challenges
- Understand the meaning of essential supply chain terminology
- Understand how supply chain performance affects company financial results
Course topics include:
- What is supply chain management? Why is it important?
- The importance of cost versus service
- Purchasing and procurement
- Manufacturing processes
- Demand management
- Warehouse and inventory management
- Logistics and transport
- Risk management
