Introduction:

This course presents innovative strategies and best practices for improving supply chain performance. It introduces a unique framework, using the concept of technology clock speed, for strategically managing and optimizing supply chains. Participants gain a deeper understanding of supply chain integration, technology sourcing, make-buy decisions, strategic partnering and outsourcing, and IT and decision-support systems.

This course will explore key concepts and solutions that can be employed to optimize the balance between supply chain responsiveness and the costs required to deliver desired business results. Supply chain professionals continue to be pressured to deliver superior operational results while at the same time reducing costs.  They need to be able to ensure their organizations become industry pace setters, by better managing their supply chains to achieve reduced costs, whilst at the same time, improving service levels. Nonetheless, reducing supply chain costs is an effort that can be fraught with risk and global trade has brought about proportionally high levels of risk and uncertainty. Risk is found in all supply chains, but with analysis, preparation and action, these risks can be avoided, managed or deflected. This course will feature:

• Apply a thorough understanding of supply chain activities
• Managing and optimizing your inventory to deliver financial results
• Identity, analyze and evaluate supply chain risk
• Use risk management tools and techniques
• Make supply chain organizational improvements

Course Objectives:

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

• Analyze the effectiveness of your firm’s supply chain practices
• Create an inventory strategy that speeds cash flow
• Evaluate and work with suppliers to deliver tangible business results
• Use analytical tools to identify supply chain risk
• Make cost and service improvements
• Gain a master class in one of the most critical components to creating organizational wealth
• Explain why and how value must flow intelligently and seamlessly in an ever more connected world
• Understand how to leverage technology in their supply chain to ensure that they remain competitive in a global economy
• Examine how companies are realizing the potential of today's supply chain to meet these new challenges
• Define the basis of logistics and transportation, and shines new light on the supply chain evolution
• Define the scope and function of business logistics, transportation and its terms and principles
• Develop an understanding of the potential contribution of logistics to the formation of business
• Understand the concept of integrated supply chain management
• Define and develop a working knowledge of driving forces of supply chain
• Understand the cost and service trade‐offs in the supply chain
• Demonstrate the link between supply chain performance and financial performance
• Produce comprehensive and realistic solutions to order fulfillment and order management in logistics case situations
• Perform customs and inbound documentation exercises
• Understand logistics and transportation terminologies 

Who Should Attend?

Logistics Consultants, Logistics and Financial Managers, Accounting and Operations Managers, Third-Party Logistics Providers, Supply Chain and Logistics Managers and Professionals, Operations Managers, Logistics Professionals, Logistic Providers, Logistic Administrators, Logistics Planning and Inventory Managers, Supply, Buying, Purchase, Logistics, Materials and Supply Chain Professionals, General Services Personnel, Purchasing and Procurement Managers, Retailers, Warehouse Personnel, Transportation and Distribution Managers/Personnel, Inventory and Warehouse Control Professionals, Freight Forwarders and Linear Specialists, Production Managers, Production Planners, Financial Managers, Project Managers, Distribution Center Supervisors, Line Managers, Fleet Managers, Fleet Supervisors, Fleet Operators, Fleet Inspectors

Course Outline:

• World realities
• Wonderland: the world’s new scale
• Choreographing survival: risk and adaptation
• Reality crunch: our perceptions and reactions
• Leonardo flunked Latin: innovating and inventing
• Five-minute plan: enhancing business processes
• The world is always with us: communication
• Supply chain evolution
• The history of the supply chain
• Lift that bale: transport by ground, air, sea, and rail
• Pins to Porsches: the evolution of manufacturing
• Activity not place: outsourcing
• Silks to cells: retail evolution
• The store’s the thing: retailing and the supply chain
• Ports, ships, hubs, and rails: intermodal transportation
• A million square feet of chocolate: warehousing and distribution centers
• Supply chain resolution
• What’s missing? Supply chain challenges
• Pyramids to Parameciums: supply chain modeling
• Making it right: a global perspective
• An Atlas act: repairing the global supply chain

COURSE LOCATIONS