Blockchain technology is far surpassing its importance in cryptocurrency in the industrial sector. Combined together with the “internet of things” technology is revolutionizing the outcome of doing business. Transparency, productivity, and efficiency are the key mantras for a successful organization that can have a competitive advantage.
This Logistics & Supply Chain Management in the Energy Sector training course is aimed at both suppliers and buyers as well as internal users who need an overview of the key drivers involved when viewing logistics from the demand and supply point of view, and that delegates are able to:
Understand the application of Blockchain and the “Internet of things” (IoT) in the Supply Chain in view of the energy sector
Understand how to manage inventory critical to support the operations and apply key techniques to control lead time in the movement of goods and materials to internal users
Find the right total cost of ownership in the acquisition of operational inventory
Manage suppliers in meeting your key performance indicators
Establish a better cost optimization
Participants attending this Energy Training Centre training course will:
Understand the insights into the developing logistics and Supply Chain in achieving competitive advantage through Blockchain technology and IOT
Analyze the impact of logistics and supply chain management on costs and financial performance that influence the energy sector
Learn the approaches and frameworks that can be applied to different types of Supply Chain Model
Apply the latest thinking on supply chain strategy, planning, and execution
Supply Chain Managers and Executives looking at thought leadership of their own supply chain
Purchasing Executives, helping to bring them up to speed with the latest thinking, frameworks, tools, and implementation
End-users, manufacturing managers, and operational executives who are seeking to understand supply chain integration or who need to understand the impact of supply chain decisions on their company's performance
Enterprise Resource planning personnel who are involved in creating a more robust technology for Supply Chain
Day 1
DEFINITIONS OF LOGISTICS AND THE SUPPLY CHAIN IN THE ENERGY SECTOR
Definitions of Logistics and Supply Chain Management
Evolution of logistics to Supply Chain in the Oil and Gas Industry
Understanding the different types of Supply Chain models
Understanding the impact of Logistics in the current business environment
Supply Chain Operations Reference Models (SCOR) -Plan, source, make, deliver and return
The Total Cost of Ownership
Day 2
THE INFLUENCE OF THE TRANSPORTATION SUPPLY CHAIN IN THE ENERGY SECTOR
The Role of Transportation in the Energy Sector
Key Management Decisions on Shipping
International Commercial Terms in Transportation
Implications on the liabilities and responsibilities of the shipper and importer
Documentation in Transport Management
An insight into Hazardous Materials Transportation
Day 3
PERFORMANCE AND RISK MITIGATION IN SUPPLY CHAIN AND PROCUREMENT MANAGEMENT
The differences between Procurement and Purchasing
Understand and appreciate the role of Procurement and Purchasing?
Identify Key Performance Indicators (KPI) in Procurement
Supply Chain Risks mitigation in operations, Inventory Control, financial and security
Manage the Procurement Process and the Supplier Base using Kranjec’s Matrix
Categorization of spares inventory
Day 4
INVENTORY MANAGEMENT
Application of Pareto Law in Inventory optimization
ABC analysis to better control cost and waste
Selective Inventory Control Management
The application of Kranjec’s Matrix in inventory categorization
Reducing Excess and Obsolete Inventory
Improving the Organization’s Logistics and Supply Chain
Day 5
THE BLOCKCHAIN TECHNOLOGY AND IOT IN THE INDUSTRIAL REVOLUTION 4.0 INFLUENCED SUPPLY CHAIN MANAGEMENT
The Basics of Blockchain Technology
The implication of Blockchain in Logistics to the Organization
Identify and Recognize Internet of Things
Explain, Discuss and Review
How internet of things has changed how logistics and supply chain operation