Couse description
Duration: 4 days
Logistics management is an essential function governing the flow of goods through a supply chain. This course brings you up to date with the latest logistics models and practices. The course’s main focus is on the optimization of transport, warehouse and inventory management activities. In addition, it covers the Supply Chain Operations Reference (SCOR) framework for managing logistics key performance indicators. Logistics involved in getting products and services into the hands of the consumer can be mindboggling. Known as the backbone of global trade, supply chain logistics is a network of transportation, warehousing, and inventory. Supply chain logistics executives must know how to choose the most advantageous mode of transportation, how to design and set up a warehousing facility, how to control and manage inventory and assets, and how to set up an efficient logistics network while minimizing cost and delivering top-notch customer service.
Course Objectives
By the end of the course, participants will be able to:
· Recognize modern supply chain and logistics trends as a basis for sustainable performance
· Employ qualitative and quantitative material forecasting techniques for a streamlined logistical operation
· Develop go-to-market strategies for different product categories based on associated supply risk and financial impact of each
· Describe role of transportation in logistics and identify opportunities for operational improvement
· Identify the role of warehousing, focusing on operational throughput and performance optimization
· Apply Supply Chain Operations Reference (SCOR) framework to manage strategic, operational and tactical facets of logistics
Who should attend
· Logistics professionals at all levels of the organization
· Employees in logistics and supply chain departments
· Top level managers in finance and logistic operations
· The course is deal for those seeking to complement their supply chain and logistics experience with the latest theoretical knowledge in the field in preparation for assuming a higher position at their organization.
Course Outline
Logistics trends and practices
o Logistics overview
o Logistics, supply chain and the organization
o Strategic, tactical and operational elements of logistics
o Sustainable logistics
o Concepts in logistics
§ 3rd Party Logistics (3PL)
§ 4th Party Logistics (4PL)
· Transport management
o Objectives of transport management
o Costs associated with transport management
o Transportation modes and types
o Efficient and effective transportation
o Matching the strategic service level
o Drawing transportation routes
o Managing cubing of cargo
o Considerations for international transportation
o Working with Incoterms 2010
· Warehousing operations
o Warehousing network design
o Configuration of warehousing space
o Value adding activities
§ Stockpiling, spot stocking and assortments
§ Cross docking, break bulking and consolidation
§ Mixing, postponement and assembly-to-order
o Warehouse activity profiling
o Warehousing cost calculation
o Sustainable warehousing practices
· Inventory management
o Materials management scope
o Objectives of materials management
o Inventory types and classification
o Materials management challenges
o Material replenishment strategies
§ Make-to-stock
§ Make-to-order
§ Assemble-to-order
§ Design-to-order
§ Design for the supply chain
§ Design for the environment
·Logistics and performance management
o The SCOR framework
o Identifying high level SCOR metrics
o Customizing low level SCOR metrics
o Managing targets
o Initiative for performance improvement