INTRODUCTION
In today’s competitive environment, the best supply chain will win. The chain that offers the highest value to its customers will have the competitive advantage. This requires a broader outlook than just the borders of the company. Indeed, it requires full visibility of all the players in the supply chain. In this programme you will study:
- The various processes in the Supply Chain
- The structure of a Supply Chain
- What makes a Supply Chain successful?
- The role of inventory in the Supply Chain
PROGRAMME OBJECTIVES
- To define and understand the concept of a Supply Chain
- The role of inventory in the Supply Chain
- Critically determine the amount of spare parts required
- Determining the optimal inventory solution for spare parts
- Implement creative ways of reducing working capital
TRAINING METHODOLOGY
Participants will learn by active participation throughout the programme through the use of programme materials, exercises, questionnaires, training videos and discussion of “real life” issues in their organisations.
PROGRAMME SUMMARY
This programme covers essential skills that are necessary to plan, execute and control the Supply Chain. The programme begins with the concept of a Supply Chain and will discuss all the aspects relating to Supply Chain Management.
PROGRAMMEME OUTLINE
DAY 1 - The Concept of the Supply Chain
- Historic overview of ancient supply chains
- The concept of a Supply Chain
- The five basic processes in a Supply Chain
- Concept of the Value Chain
- Performance measures in Supply Chain Management
DAY 2 - Supply Chain Planning
- Setting up the infrastructure
- Manufacturers
- Warehouses
- Transportation
- Retailers
- Different Supply Chain scenarios
- Advance Planning and Optimisation
- Inventory decisions in Supply Chain
- Forrester effect
DAY 3 - Supply Chain Simulation
- Day three will comprise of a Supply Chain simulation demonstrating the interaction between the different entities in the chain. Participants will get the opportunity to experience first-hand the working (or not!) of a supply chain. On completion, an analysis will be done of lessons learnt
DAY 4 - Inventory Decisions in Supply Chain
- Analysing demand patterns
- The effect of information on the Supply Chain
- Inventory decisions:
- What to stock
- Where to stock
- How many to stock
DAY 5 - Linking the Supply Chain Processes
- Procurement
- Operations
- Warehousing & Distribution
- Transportation
- Return/recycling
About Madrid
Madrid is a city that combines its enduring history with its cosmopolitan atmosphere to create a destination that favored amongst tourists from around the world. This is a city that is very much bursting at the seams with life and its vibrant atmosphere, cultural attractions and connection with history ensure travelers have everything they could possibly want from a European city break. At the end of a flight to Madrid, there are sites to see, picturesque streets to roam and, of course, excellent shopping opportunities to explore. Visitors can immerse themselves in Madrid's fantastic local culture, its peerless art scene and world acclaimed fine dining. In fact, there is very little that Madrid doesn't have to offer.
Things to do and places to visit in Madrid
The only problem travelers will encounter during their visit to Madrid is knowing what to do first. Sampling the mouth-watering tapas, strolling through one of the many excellent museums or even simply soaking up the atmosphere are all excellent options. Spend a sunny day wandering through the splendid squares or marvel at the intricate architecture of the churches.With so many options, flights to Madrid are great for people of any age or inclination.
When visiting Madrid, be sure to:
- See the superb collection of art is the Museo del Prado.
- Stroll down the Gran Via.
- Enjoy the atmosphere of the Plaza Mayor.
- Wander through the stunning gardens of the Parque del Buen Retiro.
- See the beautiful mansion of the Museo Lazaro Galdiano.
- Find quirky fashions in the Fuencarral market.
- Try some of the many different tapas dishes.
- Visit the statues of Don Quixote and Sancho Panza in the Plaza de Espana.
- See the breathtaking Basilica de San Francisco El Grande.
- Wander the Casa de Campo park, which is five times the size of Central Park.
- Shop in the luxury boutiques of the Golden Mile.
- Look for bargains at the El Rasto flea market.
- See Picasso's Guernica in the Reina Sofia museum.
- Snack on churros with chocolate.