Best Practices in Logistics and Supply Chain Management

About the Course

Supply Chain and Logistics Management training course provide an understanding of the compound production flows, production procedures & distribution networks of supply chains, together with operational issues of logistics, purchasing and supply chain management & the importance of Warehousing and Inventory Control.

The constant arrival of innovative concepts and techniques into the mainstream has resulted in a non-stop journey of learning and development for professionals in supply chain and logistics. The delegates will develop and sharpen the knowledge necessary to formulate solutions and understand how organisations use supply chain networks to acquire, produce, and deliver goods and services to meet the needs of their growing and varied customer base. There is continuous pressure on managers to enhance the efficiency of their supply chains, allowing supplies to move quickly and at low cost. This pressure has encouraged a stream of new initiatives and methods. But there is a rising realisation that these new procedures also bring unforeseen problems. In particular, they increase the supply chain's vulnerability to interruptions.

This Best Practices in Logistics and Supply Chain Management training course will help the delegates to learn various processes in logistics & supply chain right from Material Planning to Distribution which includes different areas under three main categories like Material Planning, Procurement & Logistics.

Core Objectives

Delegates will achieve the following objectives:

• Understand the inference of the impacts of logistics & supply chain management and purchasing functions both internally and external to the organisation
• Appreciate the importance of adequate resources planning
• Recognise trends and modern practices in supply chain and logistics management
• Practice forecasting and inventory optimisation techniques
• Evaluate item categories and formulate appropriate sourcing strategies
• Define the role and objectives of transportation management in logistics
• Use value-adding warehousing techniques

Training Approach

This training course is supported by interactive discussions, role play, and case studies to highlight the delegates' techniques. Will use Pre & Post-course assessments to measure the effectiveness of this training and measure the skill and ability of the delegates.

The Attendees

Supply chain and logistics professionals, particularly those at operational, supervisory and management levels. The training course is ideal for those seeking to complement their supply chain and logistics experience with the latest theoretical knowledge in preparation for assuming a higher position.

Likewise, it will be valuable to the professionals but not limited to the following:

• Project Managers
• Procurement Managers
• Marketing Managers
• Fleet Managers
• Warehouse & Inventory Managers
• Senior Storekeepers and Storekeeper Staff

Daily Discussion

DAY ONE: UNDERSTANDING SUPPLY CHAIN

• Definitions of Logistics and Supply Chain Management
• History and the Development
• Understanding the Supply Chain Dynamics
• Managing Supply Chain Conflicts
• Integration of Supply Chain Management

DAY TWO: FORECASTING AND DEMAND PLANNING

• Importance of Forecasting in Supply Chain
• Types and Methods of Forecasting
• Sources of Demand
• Different Time Horizons of Planning
• Business Planning, S&OP, Master Scheduling and MRP
• KPIs of Forecasting and Demand Planning

DAY THREE: INVENTORY CONTROL AND WAREHOUSE MANAGEMENT

• Inventory Categories and Types
• Inventory Levels, Reorder Point, and Safety Stock
• Order Management Techniques (Quantities, Systems & Timing)
• Inventory Cost and Financial Valuation of the Inventory
• Techniques of Controlling the Inventory Items
• KPIs of the Inventory Management
• Main Warehousing Processes and Adding Value Activities
• Designing of Warehouses Layouts & Space Utilisations
• Material Handling Equipment and Tools
• Selection Techniques of Warehouses Location
• Warehousing Performance and KPIs

DAY FOUR: LOGISTICS MANAGEMENT

• Selection Transportation Modes “Land, Air and Sea”
• Managing of Liner and Chartering Logistics
• The main activities of the door to door freight forwarding processes
• International Commercial (INCO) Terms
• Customs Processes and HS Code
• Logistics Documents Types
• LPIs and KPIs of Logistics Processes

DAY FIVE: PROCUREMENT IN THE SUPPLY CHAIN

• The Difference between Procurement and Purchasing
• What is the role of Procurement and Purchasing?
• The Theory of Constraints (TOC)
• Procurement Cycle
• Manage the Procurement Process and the Supply Base
• Develop Strong Relationships with other Functional Groups