Introduction
In today’s competitive environment, the best supply chain will win. The chain that offers the highest value to its customers will have a 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 conference 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
Conference Objectives of Task Management Skills
- To define and understand the concept of a Supply Chain
- The role of inventory in the Supply Chain
- Critically determine the number of spare parts required
- Determining the optimal inventory solution for spare parts
- Implement creative ways of reducing working capital
Conference Methodology of Task Management Skills
Participants will learn by active participation throughout the program through the use of program materials, exercises, questionnaires, training videos, and discussion of “real life” issues in their organizations.
Conference Summary of Task Management Skills
This program covers essential skills that are necessary to plan, execute, and control the Supply Chain. The program begins with the concept of a Supply Chain and will discuss all the aspects relating to Supply Chain Management.
Conference Outlines of Task Management Skills
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 learned
Day 4: Inventory Decisions in Supply Chain
- Analyzing 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