Advanced Procurement Excellence: Driving Strategic Value and Performance
11/11/2024Smart Urban Planning and Sustainable Development
12/11/2024Strategic Foundations of Supply Chain Management
£4,000.00
Overview:
This course provides a comprehensive introduction to supply chain management (SCM), covering both foundational principles and advanced strategies. Participants will explore the evolution of SCM, the latest industry trends, and the integration of technology to drive operational value. The training also covers the importance of strategic alignment in SCM and offers practical approaches to optimizing the supply chain network and cross-functional drivers. This course equips participants with the skills to create resilient and efficient supply chains that support organizational success.
Program Objectives:
Upon completing this course, participants will be able to:
- Comprehend the strategic importance of effective supply chain design, planning, and operations.
- Understand how SCM can provide a competitive advantage and how weaknesses in SCM can impact business performance.
- Recognize the roles of facilities, inventory, transportation, information, sourcing, and pricing in driving supply chain performance.
- Utilize digital tools, data analytics, and modern technologies to improve SCM processes.
- Apply risk management and resilience-building strategies to supply chain planning.
Target Audience:
- Vice Presidents, Managing Directors, Division Heads, Executives, and Specialists in Risk Management, Finance, SCM, Logistics, Procurement, Manufacturing, Operations, and Distribution.
- Emerging SCM managers, Supply Chain Analysts, and Business Development Professionals.
Program Outline:
Day 1: Building a Strategic Framework for Analyzing Supply Chains
- Overview of supply chain concepts and terminology.
- Achieving strategic fit and scope in supply chain performance.
- Key supply chain drivers and metrics for effective analysis.
Day 2: Designing an Optimized Supply Chain Network
- Designing distribution networks and aligning them with business goals.
- Network design principles in a global context.
- Leveraging digital tools for network design and optimization.
Day 3: Planning and Coordinating Demand and Supply in SCM
- Demand forecasting techniques for supply chains.
- Aggregate and sales & operations planning to balance supply and demand.
- Utilizing collaborative planning tools for improved coordination.
Day 4: Planning and Managing Inventories Effectively
- Data-driven inventory management for cycle inventory and economies of scale.
- Addressing uncertainty in inventory through safety stock management.
- Determining optimal product availability for consistent supply chain flow.
Day 5: Managing Cross-Functional Drivers in SCM
- Strategic sourcing decisions and supplier collaboration.
- Pricing and revenue management for competitive SCM positioning.
- Sustainability, resilience, and risk management as critical drivers in SCM.