Description
Learning Outcomes
Upon completion of this course, participants will be able to:
- Explain the strategic importance of logistic elements and describe how they affect supply chain
- Analyze the creation of new value in the logistics and supply chain for customers, society and the
- Understand procurement planning, sourcing process and service contract
- Apply best practice in logistics and supply management to business to achieve reduced cost and increased profitability
- Identify and resolve constraint in logistics and distribution channels
Target Audience
- Supply Chain Managers
- Business Owners
- Supply Agents/Managers
- Logistics Managers/Personnel
- Transport Managers
- Procurement Manager/Personnel
- Warehouse Managers
- Distribution Managers
- Etc
Duration: 2 days
Course Content
Introduction to Logistics Management
- Logistics Performance
- Logistics and Customer Value
- Competitive advantage through logistics
- Logistics, Distribution, and Supply Chain
- Logistics planning and strategy
- Logistics and Customer Value
- The Cost of Logistics
- Constraints in Logistics Management
- Integrated supply chain management
- The role of depots, warehouses, and distribution centers
- Channels of distribution
- Modal Selection
- Warehousing and Inventory Management
- Storage methods
- Warehouse design and construction
- Inventory location
- Packaging
- Warehouse routines and operations
- Inventory costs
- Lead times
- Inventory replenishment techniques
- Forecasting
- Collaborative planning and forecasting
- Demand management
- Services vs goods
- Vendor Managed Inventory (VMI)
- Quality control
Procurement, Sourcing, and Contract
- Sourcing Methods and Techniques
- Selection process
- Procurement practice
- Payment terms
- Incoterms
- Ethical sourcing
- Tendering
- Service contracts
Transportation Management
- Efficient and Effective Transportation
- Freight movement and laws
- Transportation design
- Traffic management
- Estimating costs and transportation
- Optimization of transport modes
Global Trends in Logistics
- Global best practices in purchasing, inventory controls, and materials management
- Logistics automation (software applications)
- Autonomous vehicles
- 3D printing
- Drones
- Online trading and exchanges
