
Companies today operate in a highly dynamic environment. Issues such as globalization and digitalization lead to constantly evolving framework conditions that managers must consider. Up-to-date knowledge will help you identify problems and opportunities in good time and react to them appropriately. The supply chain includes all of the activities and processes needed to supply a product or service to the final customer. Supply Change Management is increasingly imposing competitive challenges on today’s organizations.
This Supply Chain Masterclass presents up-to-date approaches and appropriate tools to assist the participants in improving the supply chain performance in their organizations. This course focuses on topics such as Supply Chain Management, Supply Chain Risk Management, Negotiation in Procurement and Supply Chain, Risk Management, and Transportation and Logistics.
• Discover the basics & the evolution of Supply Chain Management
• Apply some effective tools for supply chain planning and forecasting
• Identify the procurement and sourcing role in Supply Chain
• Develop approaches to improve supply chain process
• Explore how supply chain thinking contributes to corporate key result areas
• Identify ways to handle logistics
• Discuss how manage inventory
• Examine the phases involved in production and operations management.
• Develop warehouse management tools
• Identify Supply chain performance Risks
This training course is designed to be interactive and participatory, and includes various learning tools to enable the participants to operate effectively and efficiently in a multifunctional environment. The course will use lectures and presentations, and group discussions.
Supply Chain Management
Introduction to Supply Chain
Dynamic Supply Chain and Logistic Management
Logistics handling
· Logistics Management, why is it important?
· The most powerful Logistics Strategies
· Goods and Services distribution
Transportation Economics
· Management Key Decisions
· Types of Mode or Intermodal System
· International Commercial Terms in Transportation and the Liabilities
o International Trade
§ Trade Regulations
§ Customs clearing & Documentation
§ Import and Export
· Documentation in Transportation
Supply Chain Risk Management
Identifying Supply Chain Instabilities and Risks
· Internal supply chain risks
· PESTLE risks
· Inventory and financial risks
· Disruption and security risks
· Procurement and logistics risks
Understanding the Risk Spiral, Reducing Supply Chain Risk
· Consequences, Outcomes
· Analysing the key drivers of risk
· Improving visibility and reducing variability
· Maintaining velocity, Restoring confidence
· Enabling agility and synchronicity in supply chain
· Applying Supplier Relationship Management
Using Risk Management Tools and Techniques
· Risk mitigation matrix and options
· Risk management principles
· The role of Procurement and Supply Chain strategy
· Evaluation and prioritisation of risks
· Developing a risk management culture
· Contingency and risk management planning
Negotiation in Procurement and Supply Chain
Purchasing and the Organisation
· Purchasing and its contribution to the organisation
· The Supply Chain
· The influence of the External Environment
· Purchasing Organisations
· The Procurement Cycle
· Critical Supply Strategies
Supplier Management
· Transforming the Supplier Relationship
· Supplier Evaluation Criteria
· Appropriate Supplier Methodologies
· Total Cost Approach
· How to be a Good Customer
· Shrinking the Supplier Base
Negotiation Techniques
· Avoiding Confrontational Negotiating
· Developing Active Listening Skills
· Negotiating with an Angry Person
· Power Closes that are used on the Buyer
· Understanding the other Negotiator’s Power
· Negotiation Tactics and Countermeasures
Warehouse Management
Key Features of Warehouse Management
· Workflows
· Picking and packing
· Wave processing
· Inventory counting
· Containerisation
· Mobile communication
· Material handling
· Support for cross-docking
· Sales order return management
· Enhanced reservation hierarchy
Features of Warehouse Management Systems
· Warehouse design
· Inventory tracking
· Receiving and put-away
· Picking and packing goods
· Shipping
· Labour management
· Yard and dock management
· Reporting
· Benefits of an Advanced Warehouse Management System
o Reduced inventory costs
o Reduced labour costs
o Increased storage capacity
o Increased inventory accuracy
o Complete process control
o Advanced functionality
o Operational transparency
o Integrated labour management
Common Warehouse Inventory Issues
· Inaccurate quantities
· Capacity
· Damage
· Product identification
· Training
Challenges in Warehouse Management
· Managing warehouse space and layout
· Communication
· Time management
· Inventory accuracy and tracking
· Customer expectations
· Redundant processes
· Product diversification
· Product picking
· Inaccurate purchase orders
· Handling product damages
· Managing demand fluctuations
· Globalisation
Our Training programs are implemented by combining the participants' academic knowledge and practical practice (30% theoretical / 70% practical activities).
At The end of the training program, Participants are involved in practical workshop to show their skills in applying what they were trained for. A detailed report is submitted to each participant and the training department in the organization on the results of the participant's performance and the return on training. Our programs focus on exercises, case studies, and individual and group presentations.