In our highly competitive business environment, a dynamic organization can leverage cost-efficient logistics and supply chain management to increase business profitability. The Logistics and Supply Chain Management course provides general and specific knowledge on logistics, procurement, and supply chain principles as well as the processes involved in them. In our highly competitive business environment, a dynamic organization can leverage cost-efficient logistics and supply chain management to increase business profitability. The Logistics and Supply Chain Management course provides general and specific knowledge on logistics, procurement, and supply chain principles as well as the processes involved in them.
Course Overview
Course Outline:
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 challenges.
- Optimization of transport modes
Global Trends in Logistics
- Global best practice in purchasing, inventory controls, and materials management
- Logistics automation (software applications)
- Autonomous vehicles
- 3D printing
- Drones
- Online trading and exchanges
At the end of this course the participants will be able to:
- Explain the strategic importance of logistic elements and describe how they affect supply chain management.
- Analyse the creation of new value in the logistic,s and supply chain for customers, society and the environment.
- 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
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