By the end of this programme, participants will be able to:
- Understand the fundamentals of supply chain management and its role in competitive advantage.
- Develop the people, infrastructure, and organizational elements necessary for effective supply chain management.
- Implement strategic supply chain practices, including cost-management strategies and global considerations.
- Analyze key trends in supply chain management, including emerging technologies and risk management approaches.
- Lead world-class supply chains by applying advanced strategies for supplier development, continuous improvement, and performance optimization.
- Master inventory management techniques to ensure efficiency, safety, and control throughout the supply chain.
DAY 1
Foundations of Supply Chain Strategy
- Introduction to Supply Chain Management (SCM): Understand the basics of competing through supply chain strategies.
- The Role of Information Technology in SCM: Explore how IT impacts and enhances supply chain strategies.
- Cross-Functional Roles in SCM: Examine the roles of marketing, sales, and channel partners in shaping the supply chain.
- Modern Approaches to Procurement and Supply Chain: Learn about contemporary procurement techniques and evolving approaches in supply chain management.
- Types of Supply Chains & Key Challenges: Understand the major types of supply chains and the unique challenges faced by each.
- The Role of Procurement and Operations in SCM: Discuss the responsibilities of procurement and operations professionals in supply chain management.
DAY 2
People, Infrastructure, and Risk Management
- Leadership & Organizational Culture in SCM: Discuss the impact of culture on leadership and change management in supply chains.
- Effective Risk Management: Explore elements of an effective risk-management approach and its integration into supply chain strategy.
- Regulatory and Governmental Concerns in SCM: Understand the influence of governmental and regulatory frameworks on supply chains and procurement.
DAY 3
Strategic Implementation of Supply Chain
- Supply Chain Cost-Management Strategies: Learn strategies for managing supply chain costs, including activity-based costing (ABC) and value-chain analysis.
- Global Political and Cultural Impacts: Analyze the effects of global politics and culture on supply chain strategy.
- Outsourcing Strategies: Evaluate outsourcing decisions and the associated considerations.
- Business Process Management (BPM): Explore operations issues, focusing on business process management for supply chains.
- Inventory Management & Control: Learn techniques for managing uncertainty and planning inventory safety.
DAY 4
Key Trends and Advanced Strategies in SCM
- Advanced Supply Chain Theory: Understand world-class supply chain design and management principles.
- Evolution of Risk Management: Explore how risk management approaches have evolved in the context of SCM.
- Managing Supply Chain Productivity: Learn techniques to analyze and improve supply chain productivity, including the return on invested capital (ROIC) approach.
- Advanced Procurement Techniques: Dive into Kaizen and target costing strategies for advanced SCM professionals.
- Lean, Six Sigma, and Lean Six Sigma in SCM: Understand how Lean and Six Sigma strategies can be applied to optimize supply chain performance.
DAY 5
Production Systems & Leading World-Class Supply Chains
- Production Planning and Scheduling: Explore the essentials of production planning, including Sales and Operations Planning (SOP), Material Requirements Planning (MRP), and Material Resource Planning (MRPII).
- Inventory Planning and Control: Understand the importance of inventory planning and control in the production system.
- Quality Management in SCM: Learn key principles and tools for quality management within the supply chain.
- Supplier Development & Continuous Improvement: Focus on supplier development programs, implementation of supplier scorecards, and continuous improvement strategies like Lean Six Sigma.
- SCOR Model and Auditing: Discuss the Supply Chain Operations Reference (SCOR) model, and how audits and improvement initiatives can optimize supply chain processes.
