Quantitative Measurements For Logistics Course

Learn quantitative measurements for logistics optimization. Enroll in this course to develop skills in using data-driven techniques to enhance logistics operations and decision-making. BMC Training offers Quantitative Measurements For Logistics Course in Warehouse , Logistics , Supply Chain and Inventory Courses.

  • English
  • 153 Training Sessions
  • Confirmed
  • Three Weeks
Quantitative Measurements For Logistics Training Course

Detailed description for visually impaired users: The image presents a view of Quantitative Measurements For Logistics Training Course

Type a city name or a month
Venue Start Date End Date Net Fees Details & Registration
Paris , France 28 - Apr - 2024 16 - May - 2024 0 GBP
Dubai , UAE 28 - Apr - 2024 16 - May - 2024 0 GBP
Hong Kong , Hong Kong 28 - Apr - 2024 16 - May - 2024 0 GBP
Kuala Lumpur , Malaysia 7 - Apr - 2024 25 - Apr - 2024 0 GBP
Rome , Italy 7 - Apr - 2024 25 - Apr - 2024 0 GBP
Barcelona , Spain 7 - Apr - 2024 25 - Apr - 2024 0 GBP
Zurich , Switzerland 7 - Apr - 2024 25 - Apr - 2024 0 GBP
Bali , Indonesia 14 - Apr - 2024 2 - May - 2024 0 GBP
Istanbul , Turkey 14 - Apr - 2024 2 - May - 2024 0 GBP
Singapore , Singapore 14 - Apr - 2024 2 - May - 2024 0 GBP
Madrid , Spain 21 - Apr - 2024 9 - May - 2024 0 GBP
London , UK 21 - Apr - 2024 9 - May - 2024 0 GBP
Munich , Germany 21 - Apr - 2024 9 - May - 2024 0 GBP
Berlin , Germany 21 - Apr - 2024 9 - May - 2024 0 GBP
Washington , United States 14 - Apr - 2024 2 - May - 2024 0 GBP
New York , United States 21 - Apr - 2024 9 - May - 2024 0 GBP
Amsterdam , Netherlands 21 - Apr - 2024 9 - May - 2024 0 GBP
Bali , Indonesia 12 - May - 2024 30 - May - 2024 0 GBP
Singapore , Singapore 12 - May - 2024 30 - May - 2024 0 GBP
Istanbul , Turkey 12 - May - 2024 30 - May - 2024 0 GBP
Kuala Lumpur , Malaysia 5 - May - 2024 23 - May - 2024 0 GBP
Rome , Italy 5 - May - 2024 23 - May - 2024 0 GBP
Barcelona , Spain 5 - May - 2024 23 - May - 2024 0 GBP
Zurich , Switzerland 5 - May - 2024 23 - May - 2024 0 GBP
Paris , France 19 - May - 2024 6 - Jun - 2024 0 GBP
Dubai , UAE 19 - May - 2024 6 - Jun - 2024 0 GBP
Hong Kong , Hong Kong 19 - May - 2024 6 - Jun - 2024 0 GBP
Madrid , Spain 26 - May - 2024 13 - Jun - 2024 0 GBP
London , UK 26 - May - 2024 13 - Jun - 2024 0 GBP
Munich , Germany 26 - May - 2024 13 - Jun - 2024 0 GBP
Berlin , Germany 26 - May - 2024 13 - Jun - 2024 0 GBP
Washington , United States 12 - May - 2024 30 - May - 2024 0 GBP
New York , United States 26 - May - 2024 13 - Jun - 2024 0 GBP
Amsterdam , Netherlands 26 - May - 2024 13 - Jun - 2024 0 GBP
Paris , France 9 - Jun - 2024 27 - Jun - 2024 0 GBP
Dubai , UAE 9 - Jun - 2024 27 - Jun - 2024 0 GBP
Hong Kong , Hong Kong 9 - Jun - 2024 27 - Jun - 2024 0 GBP
Kuala Lumpur , Malaysia 16 - Jun - 2024 4 - Jul - 2024 0 GBP
Rome , Italy 16 - Jun - 2024 4 - Jul - 2024 0 GBP
Barcelona , Spain 16 - Jun - 2024 4 - Jul - 2024 0 GBP
Zurich , Switzerland 16 - Jun - 2024 4 - Jul - 2024 0 GBP
Bali , Indonesia 23 - Jun - 2024 11 - Jul - 2024 0 GBP
Istanbul , Turkey 23 - Jun - 2024 11 - Jul - 2024 0 GBP
Singapore , Singapore 23 - Jun - 2024 11 - Jul - 2024 0 GBP
Madrid , Spain 2 - Jun - 2024 20 - Jun - 2024 0 GBP
London , UK 2 - Jun - 2024 20 - Jun - 2024 0 GBP
Munich , Germany 2 - Jun - 2024 20 - Jun - 2024 0 GBP
Berlin , Germany 2 - Jun - 2024 20 - Jun - 2024 0 GBP
Washington , United States 23 - Jun - 2024 11 - Jul - 2024 0 GBP
New York , United States 2 - Jun - 2024 20 - Jun - 2024 0 GBP
Amsterdam , Netherlands 2 - Jun - 2024 20 - Jun - 2024 0 GBP
Bali , Indonesia 7 - Jul - 2024 25 - Jul - 2024 0 GBP
Singapore , Singapore 7 - Jul - 2024 25 - Jul - 2024 0 GBP
Istanbul , Turkey 7 - Jul - 2024 25 - Jul - 2024 0 GBP
Kuala Lumpur , Malaysia 14 - Jul - 2024 1 - Aug - 2024 0 GBP
Rome , Italy 14 - Jul - 2024 1 - Aug - 2024 0 GBP
Barcelona , Spain 14 - Jul - 2024 1 - Aug - 2024 0 GBP
Zurich , Switzerland 14 - Jul - 2024 1 - Aug - 2024 0 GBP
Paris , France 21 - Jul - 2024 8 - Aug - 2024 0 GBP
Dubai , UAE 21 - Jul - 2024 8 - Aug - 2024 0 GBP
Hong Kong , Hong Kong 21 - Jul - 2024 8 - Aug - 2024 0 GBP
Madrid , Spain 28 - Jul - 2024 15 - Aug - 2024 0 GBP
London , UK 28 - Jul - 2024 15 - Aug - 2024 0 GBP
Munich , Germany 28 - Jul - 2024 15 - Aug - 2024 0 GBP
Berlin , Germany 28 - Jul - 2024 15 - Aug - 2024 0 GBP
Washington , United States 7 - Jul - 2024 25 - Jul - 2024 0 GBP
New York , United States 28 - Jul - 2024 15 - Aug - 2024 0 GBP
Amsterdam , Netherlands 28 - Jul - 2024 15 - Aug - 2024 0 GBP
Paris , France 4 - Aug - 2024 22 - Aug - 2024 0 GBP
Dubai , UAE 4 - Aug - 2024 22 - Aug - 2024 0 GBP
Hong Kong , Hong Kong 4 - Aug - 2024 22 - Aug - 2024 0 GBP
Kuala Lumpur , Malaysia 11 - Aug - 2024 29 - Aug - 2024 0 GBP
Rome , Italy 11 - Aug - 2024 29 - Aug - 2024 0 GBP
Barcelona , Spain 11 - Aug - 2024 29 - Aug - 2024 0 GBP
Zurich , Switzerland 11 - Aug - 2024 29 - Aug - 2024 0 GBP
Bali , Indonesia 18 - Aug - 2024 5 - Sep - 2024 0 GBP
Istanbul , Turkey 18 - Aug - 2024 5 - Sep - 2024 0 GBP
Singapore , Singapore 18 - Aug - 2024 5 - Sep - 2024 0 GBP
Madrid , Spain 25 - Aug - 2024 12 - Sep - 2024 0 GBP
London , UK 25 - Aug - 2024 12 - Sep - 2024 0 GBP
Munich , Germany 25 - Aug - 2024 12 - Sep - 2024 0 GBP
Berlin , Germany 25 - Aug - 2024 12 - Sep - 2024 0 GBP
Washington , United States 18 - Aug - 2024 5 - Sep - 2024 0 GBP
New York , United States 25 - Aug - 2024 12 - Sep - 2024 0 GBP
Amsterdam , Netherlands 25 - Aug - 2024 12 - Sep - 2024 0 GBP
Bali , Indonesia 22 - Sep - 2024 10 - Oct - 2024 0 GBP
Istanbul , Turkey 22 - Sep - 2024 10 - Oct - 2024 0 GBP
Singapore , Singapore 22 - Sep - 2024 10 - Oct - 2024 0 GBP
Kuala Lumpur , Malaysia 1 - Sep - 2024 19 - Sep - 2024 0 GBP
Rome , Italy 1 - Sep - 2024 19 - Sep - 2024 0 GBP
Barcelona , Spain 1 - Sep - 2024 19 - Sep - 2024 0 GBP
Zurich , Switzerland 1 - Sep - 2024 19 - Sep - 2024 0 GBP
Paris , France 8 - Sep - 2024 26 - Sep - 2024 0 GBP
Dubai , UAE 8 - Sep - 2024 26 - Sep - 2024 0 GBP
Hong Kong , Hong Kong 8 - Sep - 2024 26 - Sep - 2024 0 GBP
Madrid , Spain 15 - Sep - 2024 3 - Oct - 2024 0 GBP
London , UK 15 - Sep - 2024 3 - Oct - 2024 0 GBP
Munich , Germany 15 - Sep - 2024 3 - Oct - 2024 0 GBP
Berlin , Germany 15 - Sep - 2024 3 - Oct - 2024 0 GBP
Washington , United States 22 - Sep - 2024 10 - Oct - 2024 0 GBP
New York , United States 15 - Sep - 2024 3 - Oct - 2024 0 GBP
Amsterdam , Netherlands 15 - Sep - 2024 3 - Oct - 2024 0 GBP
Paris , France 20 - Oct - 2024 7 - Nov - 2024 0 GBP
Dubai , UAE 20 - Oct - 2024 7 - Nov - 2024 0 GBP
Hong Kong , Hong Kong 20 - Oct - 2024 7 - Nov - 2024 0 GBP
Kuala Lumpur , Malaysia 27 - Oct - 2024 14 - Nov - 2024 0 GBP
Rome , Italy 27 - Oct - 2024 14 - Nov - 2024 0 GBP
Barcelona , Spain 27 - Oct - 2024 14 - Nov - 2024 0 GBP
Zurich , Switzerland 27 - Oct - 2024 14 - Nov - 2024 0 GBP
Bali , Indonesia 6 - Oct - 2024 24 - Oct - 2024 0 GBP
Istanbul , Turkey 6 - Oct - 2024 24 - Oct - 2024 0 GBP
Singapore , Singapore 6 - Oct - 2024 24 - Oct - 2024 0 GBP
Madrid , Spain 13 - Oct - 2024 31 - Oct - 2024 0 GBP
London , UK 13 - Oct - 2024 31 - Oct - 2024 0 GBP
Munich , Germany 13 - Oct - 2024 31 - Oct - 2024 0 GBP
Berlin , Germany 13 - Oct - 2024 31 - Oct - 2024 0 GBP
Washington , United States 6 - Oct - 2024 24 - Oct - 2024 0 GBP
New York , United States 13 - Oct - 2024 31 - Oct - 2024 0 GBP
Amsterdam , Netherlands 13 - Oct - 2024 31 - Oct - 2024 0 GBP
Bali , Indonesia 17 - Nov - 2024 5 - Dec - 2024 0 GBP
Istanbul , Turkey 17 - Nov - 2024 5 - Dec - 2024 0 GBP
Singapore , Singapore 17 - Nov - 2024 5 - Dec - 2024 0 GBP
Kuala Lumpur , Malaysia 24 - Nov - 2024 12 - Dec - 2024 0 GBP
Rome , Italy 24 - Nov - 2024 12 - Dec - 2024 0 GBP
Barcelona , Spain 24 - Nov - 2024 12 - Dec - 2024 0 GBP
Zurich , Switzerland 24 - Nov - 2024 12 - Dec - 2024 0 GBP
Paris , France 3 - Nov - 2024 21 - Nov - 2024 0 GBP
Dubai , UAE 3 - Nov - 2024 21 - Nov - 2024 0 GBP
Hong Kong , Hong Kong 3 - Nov - 2024 21 - Nov - 2024 0 GBP
Madrid , Spain 10 - Nov - 2024 28 - Nov - 2024 0 GBP
London , UK 10 - Nov - 2024 28 - Nov - 2024 0 GBP
Munich , Germany 10 - Nov - 2024 28 - Nov - 2024 0 GBP
Berlin , Germany 10 - Nov - 2024 28 - Nov - 2024 0 GBP
Washington , United States 17 - Nov - 2024 5 - Dec - 2024 0 GBP
New York , United States 10 - Nov - 2024 28 - Nov - 2024 0 GBP
Amsterdam , Netherlands 10 - Nov - 2024 28 - Nov - 2024 0 GBP
Paris , France 15 - Dec - 2024 2 - Jan - 2025 0 GBP
Dubai , UAE 15 - Dec - 2024 2 - Jan - 2025 0 GBP
Hong Kong , Hong Kong 15 - Dec - 2024 2 - Jan - 2025 0 GBP
Kuala Lumpur , Malaysia 22 - Dec - 2024 9 - Jan - 2025 0 GBP
Rome , Italy 22 - Dec - 2024 9 - Jan - 2025 0 GBP
Barcelona , Spain 22 - Dec - 2024 9 - Jan - 2025 0 GBP
Zurich , Switzerland 22 - Dec - 2024 9 - Jan - 2025 0 GBP
Bali , Indonesia 1 - Dec - 2024 19 - Dec - 2024 0 GBP
Istanbul , Turkey 1 - Dec - 2024 19 - Dec - 2024 0 GBP
Singapore , Singapore 1 - Dec - 2024 19 - Dec - 2024 0 GBP
Madrid , Spain 8 - Dec - 2024 26 - Dec - 2024 0 GBP
London , UK 8 - Dec - 2024 26 - Dec - 2024 0 GBP
Munich , Germany 8 - Dec - 2024 26 - Dec - 2024 0 GBP
Berlin , Germany 8 - Dec - 2024 26 - Dec - 2024 0 GBP
Washington , United States 1 - Dec - 2024 19 - Dec - 2024 0 GBP
New York , United States 8 - Dec - 2024 26 - Dec - 2024 0 GBP
Amsterdam , Netherlands 8 - Dec - 2024 26 - Dec - 2024 0 GBP

Course Syllabus

Introduction

Covering every major area of logistics, this comprehensive course examines break-even analysis, depreciation methods, forecasting, inventory computations, learning curves, maintenance management, quality control, queuing theory, repair level analysis, statistics and much more.

On completion of this course you should be able to: 

  • Gain an understanding of useful state-of-the-art logistics tools, methods, and concepts
  • Apply the detailed measurements followed by supporting calculations
  • Subject and topic definitions included throughout the course
  • Use numerous military and business applications
  • Discuss Break-Even Analysis, Forecasting Methods, PERT Computations, and Logistics Activities with great clarity.

Course Outline

Acceptance Sampling

  • Sequential Probability Ratio Test
  • Sequential Sampling Technique

Availability Computations

  • Introduction to Availability
  • Inherent, Achieved, and Operational Availability
  • Types of Availability
  • Supportability Measured

Break-Even Analysis

  • Break-Even Sales
  • Fixed Costs Vs. Variable Costs
  • Break-Even Dollar Sales Point, Unit Sales Point, and Repairs Vs. Spares
  • Make or buy
  • Repair or Replace

Combinational Analysis and Probability

  • Combinations, Permutations, and Probability
  • Addition Theorem
    • Independent Events
  • Multiplication Theorem
    • Independent Events
    • Mutually Exclusive Events
    • Multiple Independent Events
  • Conditional Probability

Depreciation Methods

  • Diminishing Value
    • Double Declining Balance
  • Prime Cost
    • Straight Line

Forecasting Methods

  • Correlation coefficient
  • Curve Fitting
  • Exponential Smoothing
  • Interpolation/ Exploration (Simplified/Linear)
  • Linear Regression
  • Moving Average
  • Weighted Average
  • Calculating Forecasting Error

Inventory Computations

  • Average Inventory
  • Economic order Quantity
  • Economic Production Lot Size
  • Cost of Inventory Supply and Cost of Orders
  • Daily Demand
  • Inventory Holding Costs
  • Operating Level
  • Safety and Stockage Levels
  • Learning Curve Theory

Life Cycle Cost

  • Life Cycle Cost Interfaces
  • Classification of Costs
  • Present Value of Life Cycle Costs
  • Project Life Cycle Cost
  • Sensitivity

Maintenance Management

  • Mission Capability
  • Assessments, Evaluation, and Inspections
  • Break Rate, Fix Rate and Cannibalization Rate
  • Deferred and Repeat Maintenance Discrepancies
  • Maintenance-Induced Mishaps
  • Support Equipment Mission Capable Rate

Maintenance Time Management

  • Human Motion
  • Work Analysis
  • Accessibility
  • Fatigue
  • Hazard Ranking System
  • Severity
  • Probability
  • Frequency
  • Location
  • Proximity
  • Duration
  • Environment

Managerial Accounting

  • Efficiency
    • Accounts Payable Turnover
    • Accounts Receivable Turnover
    • Cash Turnover
    • Inventory Fill Ratio
    • Inventory Turnover
  • Liquidity
    • Cash Ratio
    • Current Ratio
    • Quick Ratio (Acid Test)
    • Working Capital
  • Profitability
    • Capital Debt
    • Cost of Goods Sold to Sales
    • Gross Profit Margin
    • Long-Term Debt to Net Working Capital
    • Sales Growth
  • Safety
    • Selling, General, and Administrative Expenses to Sales
    • Debt Coverage Ratio
    • Debt to Equity

PERT/ CPM Computations

  • Work Breakdown Structure
  • Critical Path Method
  • Project Evaluation and Review Technique
  • Development Rules
  • Expected time
  • Estimate to Achieve Desired Probability
  • Probability of Meeting Projected Time
  • Variance

Project Earned Value Analysis

  • Earned Value Metrics
  • Variances
    • Cost Variance
    • Schedule Variance
    • Cost Performance Index
    • Schedule Performance Index
  • Estimate at Completion
    • Using Estimate to Complete
    • Using the Cost Performance Index
    • Using Historical Data
  • Anticipated Task Completion Date

Statistics

  • Average Deviation
  • Coefficient of Variation
  • Distribution (Normal Bell-Shaped Curve)
  • Mean
  • Mean (Weighted Average)
  • Standard Deviation
  • Percent of Maintenance
  • Upper/Lower Confidence Levels

Related Courses

WLS57

Overcoming Supply Chain Challenges in Times of Crisis Course

Develop strategies for overcoming supply chain challenges during times of crisis in this training course. Learn techniques for effective crisis management.
WLS43

Logistics And Distribution Management Course

Explore logistics and distribution management. Join this course to learn about efficient distribution strategies, transportation management, and overall logistics operations.
WLS1

Improving Efficiency And Minimizing Costs In The Modern Warehouse Course

Improve warehouse efficiency and cost reduction. Enroll in this course to learn techniques for streamlining warehouse operations and minimizing operational costs.
WLS59

Managing and Overcoming Supply Chains in Times of Crisis Course

Acquire skills for managing and overcoming supply chains during times of crisis in this training course. Learn techniques to maintain supply chain resilience.
WLS35

Mastering Global Logistics Course

Master global logistics operations. Enroll in this course to learn techniques for effectively managing international logistics, cross-border transportation, and global supply chains.
WLS16

Engineering The Warehouse Course

Engineer efficient warehouse operations. Join this course to develop skills in designing and optimizing warehouse layouts, workflows, and processes for enhanced efficiency.