Foundation course to explain supply chain management and the business value of supply chain management
Common senior leadership-driven objectives of 98 percent on-time customer service, 95 percent capacity utilization, and 10 days of inventory may not only be challenging, but may be infeasible for the organization to achieve, given the characteristics of the manufacturing and distribution system. Learn how to quantify these trade-offs, set feasible objectives, minimize the total supply chain, and improve the likelihood of achieving your plan through high tech supply chain logistics solutions.
Supply chains are extraordinarily complex and no single solution exists to resolve all issues that arise. This course contains no fads, no silver bullets, no three-letter acronyms and no wishful thinking. Diagnosing supply chain problems, incorporating quality into strategic planning, quantifying improvement opportunities, and leading improvement initiatives requires difficult data analysis, tough choices, and hard work. The purpose of this course is to simplify the complicated and explore different approaches for improving business performance, basic business information systems, distribution center performance metrics, integrated inventory management programs, procurement performance metrics, and customer service performance metrics.
Issues Targeted in this Course
- Risks in supply chain management
- Inventory management optimization
- Performance measurements in the supply chain: useful performance metrics and project performance metrics
- Direct approach to strategic planning as it relates to production strategies
- Role of information technology in supply chain management
- Aligning information systems with business
Objectives and Benefits
- Integrate supply chain strategy, planning, and execution
- Analysis of supply chain management and measuring supply chain performance: diagnose the root causes of poor performance
- Quantify the devastating effects of uncertainty on supply chain performance
- Develop methods for identifying organizational structure and performance metric disconnects