/  A Balanced Approach To Supply Chain Management
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BMC Training provides on 24 Apr 2022 A Balanced Approach To Supply Chain Management course [Warehouse , Logistics , Supply Chain and Inventory] in Hong Kong,Hong Kong


Reflecting the latest practices, trends, and emerging developments, this course guides you step by step through the management of all supply chain activity--including issues related to both domestic and global supply chains. Comprehensive, one-of-a-kind coverage encompasses operations, purchasing, logistics, and process integration.

Course Objectives

On completion of this course you should be able to:

  • Describe a supply chain and define supply chain management.
  • Describe the objectives and elements of supply chain management.
  • Describe local, regional, and global supply chain management activities
  • Describe a brief history and current trends in supply chain management
  • Understand the bullwhip effect and how it impacts the supply chain

Course Outline

Supply Chain Management: An Overview

  • Supply chain management defined
  • The importance of supply chain management
  • The origins of supply chain management
  • The foundations of supply chain management
  • Current trends in supply chain management

Supply Issues in Supply Chain Management

  • Introduction to Purchasing management
  • The role of supply management in an organization
  • The Manual Purchasing system vs. Electronic Procurement systems
  • The Make-or-Buy decision
  • Roles of the supply base
  • Purchasing Organization and the advantages of Centralization and Decentralization
  • Procurement in Government and Nonprofit Agencies

Creating and Managing Supplier Relationships

  • Building trust
  • Shared Vision and Objectives
  • Personal Relationships
  • Mutual Benefits and Needs
  • Commitment and Top Management Support
  • Change management
  • Performance metrics
  • Continuous improvement

Ethical and Sustainable Sources

  • Ethical and sustainable sources defined
  • Developing ethical and sustainable sources strategies
  • Ethical and sustainable sourcing initiatives
  • Early supplier involvement
  • Strategic alliance development
  • Rewarding supplier performance
  • Benchmarking successful sourcing practices

Demand Forecasting

  • Introduction to demand forecasting
  • The importance of demand forecasting
  • Forecasting techniques
  • Forecast accuracy
  • Collaborative planning, forecasting, and replenishment

Resource Planning Systems

  • Operations planning
  • The aggregate production plan
  • The master production schedule
  • The material requirement plan
  • Capacity planning
  • The distribution requirements plan
  • The legacy material requirements planning systems
  • The development of enterprise resource planning systems
  • Implementation

Inventory Management

  • Introduction to Inventory Management
  • Dependent demand Vs. Independent demand
  • Concepts and Tools of Inventory management
  • Inventory models
  • The Economic Order Quantity model
  • The Quantity Discount Model
  • The Statistical Reorder Point

Process Management – Lean and Six Sigma in the Supply Chain

  • Lean production and the Toyota production system
  • Lean thinking and Supply Chain Management
  • The Elements of Lean
  • The origins of Six Sigma quality
  • Comparing Six Sigma and Lean
  • Six Sigma and Supply Chain Management
  • The statistical tools of six sigma

Distribution Issues in Supply Chain Management

  • Transportation fundamentals
  • Warehousing and Distribution
  • The impact of Logistics on Supply Chain Management
  • Environmental sustainability in logistics
  • Logistics management software applications
  • Global logistics and Reverse logistics

Customer Relationship Management

  • Definition of Customer relationship management
  • Key tools and components of CRM
    • Segmenting customers
    • Predicting customer behaviors
    • Customer value determination
    • Automated sales force tools
  • Designing and implementing a successful CRM program
  • Recent trends in CRM

Related Training Courses

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Course Details
  • Code WLS9
  • TIME    08:00 AM - 11:15 AM
  • DATE    Apr 24 2022 - May 5 2022
  • Hong Kong , Sheraton Hong Kong
  • +44 7493377144
  • [email protected]

Fees Per Person

17000 GBP + VAT
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